Filing Flows › Ranger Energy Services (RNGR) › Q2 2026 › vs Q2 2025
Ranger Energy Services (RNGR) Q2 2026 vs Q2 2025 (year over year)
Ranger Energy Services's revenue rose $35.9M (+26%) from $141M in Q2 2025 to $176M in Q2 2026. The biggest changes: High Specification Rigs +$27.1M (+31%); Processing Solutions and Ancillary Services +$12.3M (+38%); Wireline Services −$3.5M (-16%). Operating margin 6.7% against 6.1% (+0.6 pts).
Ranger Energy Services, Q2 2026: revenue $176M (+26% year over year), operating margin 6.7%, net earnings $6.9M, operating cash flow $26.4M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 6.7% | 6.1% | +0.6 pts |
| Net margin | 3.9% | 5.2% | -1.3 pts |
| Free cash flow margin | 11.3% | 10.2% | +1.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| High Specification Rigs | $113M | $86.3M | $27.1M | +31% |
| Processing Solutions and Ancillary Services | $44.5M | $32.2M | $12.3M | +38% |
| Wireline Services | $18.6M | $22.1M | −$3.5M | -16% |
| Revenue | $176M | $141M | $35.9M | +26% |
| Operating profit | $11.8M | $8.6M | $3.2M | +37% |
| Costs & expenses | $165M | $132M | $32.7M | +25% |
| Pre-tax earnings | $10.3M | $10.1M | $200K | +2% |
| Other expense, net | $1.5M | −$1.5M | $3.0M | — |
| Cost of revenue | $143M | $115M | $27.7M | +24% |
| General & admin | $7.6M | $7.0M | $600K | +9% |
| Other operating costs | $14.4M | $10.0M | $4.4M | +44% |
| Net earnings | $6.9M | $7.3M | −$400K | -5% |
| Income tax | $3.4M | $2.8M | $600K | +21% |
| Depreciation & amortization | $15.6M | $10.9M | $4.7M | +43% |
| Share-based compensation | $1.7M | $1.6M | $100K | +6% |
| Working capital & other | $2.2M | $900K | $1.3M | +144% |
| Operating cash flow | $26.4M | $20.7M | $5.7M | +28% |
| Free Cash Flow (company-reported) | $20.0M | $14.4M | $5.6M | +39% |
| Purchase of property and equipment | $6.4M | $6.3M | $100K | +2% |
Questions
How much did Ranger Energy Services's revenue grow year over year in Q2 2026?
Ranger Energy Services's revenue rose $35.9M (+26%) from $141M in Q2 2025 to $176M in Q2 2026.
What drove Ranger Energy Services's revenue change in Q2 2026?
High Specification Rigs +$27.1M (+31%); Processing Solutions and Ancillary Services +$12.3M (+38%); Wireline Services −$3.5M (-16%).