Filing Flows › Range Resources (RRC) › Q1 2026
Range Resources (RRC) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 21, 2026
Range Resources (RRC) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +50% from a year earlier and +26% from the quarter before. Operating margin was 41.9%, net earnings $342M (33.0% of revenue).
Range Resources, Q1 2026: revenue $1.0B (+50% year over year), operating margin 41.9%, net earnings $342M, operating cash flow $619M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +26% | +50% |
| Operating profit | $433M | +83% | +295% |
| Net earnings | $342M | +91% | +252% |
| Operating cash flow | $619M | +140% | +88% |
| Free cash flow | $461M | +321% | +133% |
What changed
Revenue was $1.0B in Q1 2026, up 50% year over year and up 26% from the previous quarter. Natural Gas Natural Gas Liquids and Oil Sales was the largest line at 98% of revenue. Natural Gas Natural Gas Liquids and Oil Sales added $0.22B year over year (up 28%), 64% of the total change.
Operating profit was $0.43B, a 41.9% margin (up 26.0 points year over year). Of the extra revenue versus Q1 2025, 94% reached operating profit, above the 16% margin then. Total costs grew 3% against revenue growth of 50%. Net earnings were $0.34B, up 252% year over year. The effective tax rate was 21.1%.
Operating cash flow was $0.62B (up 88% year over year), 181% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization. Working capital and other items added $0.19B. Capital expenditures of $0.16B left free cash flow of $0.46B.
Questions
What was Range Resources' revenue in the first quarter 2026?
Range Resources (RRC) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +50% from a year earlier and +26% from the quarter before.
Was Range Resources profitable in the first quarter 2026?
Operating profit was $433M (41.9% of revenue) and net earnings $342M.
Source: Range Resources 10-Q on SEC EDGAR.