Filing Flows › Ranger Energy Services (RNGR) › Q4 2025
Ranger Energy Services (RNGR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 5, 2026
Ranger Energy Services (RNGR) reported revenue of $142M for the fourth quarter 2025 (Q4 2025), -0.6% from a year earlier and +10% from the quarter before. Operating margin was 2.3%, net earnings $3.2M (2.3% of revenue).
Ranger Energy Services, Q4 2025: revenue $142M (-0.6% year over year), operating margin 2.3%, net earnings $3.2M, operating cash flow $24.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $142M | +10% | -0.6% |
| Operating profit | $3.2M | +23% | -64% |
| Net earnings | $3.2M | +167% | -45% |
| Operating cash flow | $24.1M | +77% | -26% |
| Free cash flow | $17.1M | — | -37% |
What changed
Revenue was $142.2M in Q4 2025, down 1% year over year and up 10% from the previous quarter. High Specification Rigs was the largest line at 65% of revenue.
Operating profit was $3.2M, a 2.3% margin (down 4.0 points year over year). Total costs grew 4% against a revenue fall of 1%. The fastest-growing cost line was Other operating costs (+26%). Net earnings were $3.2M, down 45% year over year. The effective tax rate was 31.9%. Non-operating items added $1.5M, 32% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $24.1M (down 26% year over year), 753% of net earnings. Non-cash charges added back $13.8M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $5.5M. After purchase of property and equipment ($7.0M), free cash flow as the company reports it was $17.1M.
Questions
What was Ranger Energy Services' revenue in the fourth quarter 2025?
Ranger Energy Services (RNGR) reported revenue of $142M for the fourth quarter 2025 (Q4 2025), -0.6% from a year earlier and +10% from the quarter before.
Was Ranger Energy Services profitable in the fourth quarter 2025?
Operating profit was $3.2M (2.3% of revenue) and net earnings $3.2M.