Filing Flows › Ranger Energy Services (RNGR) › Q3 2026 › vs Q2 2026
Ranger Energy Services (RNGR) Q3 2026 vs Q2 2026 (quarter over quarter)
Ranger Energy Services's revenue fell $13.7M (-8%) from $176M in Q2 2026 to $163M in Q3 2026. The biggest changes: Wireline Services −$6.3M (-34%); Processing Solutions and Ancillary Services −$4.5M (-10%); High Specification Rigs −$2.9M (-3%). Operating margin 2.9% against 6.7% (-3.7 pts).
Ranger Energy Services, Q3 2026: revenue $163M (+26% year over year), operating margin 2.9%, net earnings $2.5M, operating cash flow $30.5M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 2.9% | 6.7% | -3.7 pts |
| Net margin | 1.5% | 3.9% | -2.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| High Specification Rigs | $110M | $113M | −$2.9M | -3% |
| Processing Solutions and Ancillary Services | $40.0M | $44.5M | −$4.5M | -10% |
| Wireline Services | $12.3M | $18.6M | −$6.3M | -34% |
| Revenue | $163M | $176M | −$13.7M | -8% |
| Operating profit | $4.8M | $11.8M | −$7.0M | -59% |
| Costs & expenses | $158M | $165M | −$6.7M | -4% |
| Pre-tax earnings | $4.2M | $10.3M | −$6.1M | -59% |
| Other expense, net | $600K | $1.5M | −$900K | -60% |
| Cost of revenue | $138M | $143M | −$4.7M | -3% |
| General & admin | $7.7M | $7.6M | $100K | +1% |
| Other operating costs | $12.3M | $14.4M | −$2.1M | -15% |
| Net earnings | $2.5M | $6.9M | −$4.4M | -64% |
| Income tax | $1.7M | $3.4M | −$1.7M | -50% |
| Depreciation & amortization | $14.9M | $15.6M | −$700K | -4% |
| Share-based compensation | $1.6M | $1.7M | −$100K | -6% |
| Working capital & other | $11.5M | $2.2M | $9.3M | +423% |
| Operating cash flow | $30.5M | $26.4M | $4.1M | +16% |
Questions
How much did Ranger Energy Services's revenue grow quarter over quarter in Q3 2026?
Ranger Energy Services's revenue fell $13.7M (-8%) from $176M in Q2 2026 to $163M in Q3 2026.
What drove Ranger Energy Services's revenue change in Q3 2026?
Wireline Services −$6.3M (-34%); Processing Solutions and Ancillary Services −$4.5M (-10%); High Specification Rigs −$2.9M (-3%).