Filing Flows › Ranger Energy Services (RNGR) › Q3 2026 › vs Q3 2025
Ranger Energy Services (RNGR) Q3 2026 vs Q3 2025 (year over year)
Ranger Energy Services's revenue rose $33.9M (+26%) from $129M in Q3 2025 to $163M in Q3 2026. The biggest changes: High Specification Rigs +$29.6M (+37%); Processing Solutions and Ancillary Services +$9.2M (+30%); Wireline Services −$4.9M (-28%). Operating margin 2.9% against 2.0% (+0.9 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 2.9% | 2.0% | +0.9 pts |
| Net margin | 1.5% | 0.9% | +0.6 pts |
| Free cash flow margin | 12.3% | 6.2% | +6.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| High Specification Rigs | $110M | $80.9M | $29.6M | +37% |
| Processing Solutions and Ancillary Services | $40.0M | $30.8M | $9.2M | +30% |
| Wireline Services | $12.3M | $17.2M | −$4.9M | -28% |
| Revenue | $163M | $129M | $33.9M | +26% |
| Operating profit | $4.8M | $2.6M | $2.2M | +85% |
| Costs & expenses | $158M | $126M | $31.7M | +25% |
| Pre-tax earnings | $4.2M | $2.5M | $1.7M | +68% |
| Other expense, net | $600K | $100K | $500K | +500% |
| Cost of revenue | $138M | $109M | $28.9M | +26% |
| General & admin | $7.7M | $6.6M | $1.1M | +17% |
| Other operating costs | $12.3M | $10.6M | $1.7M | +16% |
| Net earnings | $2.5M | $1.2M | $1.3M | +108% |
| Income tax | $1.7M | $1.3M | $400K | +31% |
| Depreciation & amortization | $14.9M | $11.0M | $3.9M | +35% |
| Share-based compensation | $1.6M | $1.7M | −$100K | -6% |
| Working capital & other | $11.5M | −$300K | $11.8M | — |
| Operating cash flow | $30.5M | $13.6M | $16.9M | +124% |
| Free Cash Flow (company-reported) | $20.0M | $8.0M | $12.0M | +150% |
| Purchase of property and equipment | $10.5M | $5.6M | $4.9M | +88% |
Questions
How much did Ranger Energy Services's revenue grow year over year in Q3 2026?
Ranger Energy Services's revenue rose $33.9M (+26%) from $129M in Q3 2025 to $163M in Q3 2026.
What drove Ranger Energy Services's revenue change in Q3 2026?
High Specification Rigs +$29.6M (+37%); Processing Solutions and Ancillary Services +$9.2M (+30%); Wireline Services −$4.9M (-28%).