Filing Flows › Range Resources (RRC) › Q1 2025
Range Resources (RRC) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 22, 2025
Range Resources (RRC) reported revenue of $691M for the first quarter 2025 (Q1 2025), +7% from a year earlier and +10% from the quarter before. Operating margin was 15.9%, net earnings $97.1M (14.1% of revenue).
Range Resources, Q1 2025: revenue $691M (+7% year over year), operating margin 15.9%, net earnings $97.1M, operating cash flow $330M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $691M | +10% | +7% |
| Operating profit | $110M | +71% | -0.6% |
| Net earnings | $97.1M | +2% | +5% |
| Operating cash flow | $330M | +51% | -0.6% |
| Free cash flow | $197M | +148% | -0.8% |
What changed
Revenue was $690.6M in Q1 2025, up 7% year over year and up 10% from the previous quarter. Natural Gas Natural Gas Liquids and Oil Sales was the largest line, $791.9M against total revenue of $690.6M (other lines net negative). Natural Gas Natural Gas Liquids and Oil Sales added $224.9M year over year (up 40%), 499% of the total change.
Operating profit was $109.7M, a 15.9% margin (down 1.2 points year over year). Operating profit fell $607K even though revenue rose $45.1M versus a year earlier, so costs grew faster than sales. Total costs grew 9% against revenue growth of 7%. The fastest-growing cost line was Cost of revenue (+84%). Net earnings were $97.1M, up 5% year over year. The effective tax rate was 11.6%.
Operating cash flow was $330.1M (down 1% year over year), 340% of net earnings. Non-cash charges added back $90.6M of depreciation and amortization. Working capital and other items added $142.5M. Capital expenditures of $132.7M left free cash flow of $197.4M.
Questions
What was Range Resources' revenue in the first quarter 2025?
Range Resources (RRC) reported revenue of $691M for the first quarter 2025 (Q1 2025), +7% from a year earlier and +10% from the quarter before.
Was Range Resources profitable in the first quarter 2025?
Operating profit was $110M (15.9% of revenue) and net earnings $97.1M.
Source: Range Resources 10-Q on SEC EDGAR.