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WaterBridge Infrastructure LLC vs Ranger Energy Services: WBI and RNGR compared
WaterBridge Infrastructure LLC is the larger company: $240M of revenue in its latest quarter (Q3 2026) against $176M for Ranger Energy Services (Q2 2026). WaterBridge Infrastructure LLC is growing faster (+95% against +26% a year earlier). WaterBridge Infrastructure LLC is more profitable, with an operating margin of 17.2% against 6.7%.
Where the money goes: WBI and RNGR
WaterBridge Infrastructure LLC (WBI) · Q3 2026
WaterBridge Infrastructure LLC, Q3 2026: revenue $240M (+95% year over year), operating margin 17.2%, net earnings $5.5M, operating cash flow $106M. The chart follows the revenue to costs, profit and cash.
Ranger Energy Services (RNGR) · Q2 2026
Ranger Energy Services, Q2 2026: revenue $176M (+26% year over year), operating margin 6.7%, net earnings $6.9M, operating cash flow $26.4M. The chart follows the revenue to costs, profit and cash.
| WaterBridge Infrastructure LLC (WBI) | Ranger Energy Services (RNGR) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $240M | $176M |
| Revenue growth, Y/Y | +95% | +26% |
| Operating margin | 17.2% | 6.7% |
| Net earnings | $5.5M | $6.9M |
| Net margin | 2.3% | 3.9% |
| Operating cash flow | $106M | $26.4M |
| Free cash flow | — | $20.0M |
Where the revenue comes from
Ranger Energy Services
- High Specification Rigs: $113M (64%)
- Processing Solutions and Ancillary Services: $44.5M (25%)
- Wireline Services: $18.6M (11%)
Questions
Which is bigger, WaterBridge Infrastructure LLC or Ranger Energy Services?
WaterBridge Infrastructure LLC is the larger company: $240M of revenue in its latest quarter (Q3 2026) against $176M for Ranger Energy Services (Q2 2026).
Is WaterBridge Infrastructure LLC or Ranger Energy Services growing faster?
WaterBridge Infrastructure LLC is growing faster (+95% against +26% a year earlier).
Which is more profitable, WaterBridge Infrastructure LLC or Ranger Energy Services?
WaterBridge Infrastructure LLC is more profitable, with an operating margin of 17.2% against 6.7%.
More: WaterBridge Infrastructure LLC earnings · how WaterBridge Infrastructure LLC makes money · Ranger Energy Services earnings · how Ranger Energy Services makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Jul 28, 2026). Fiscal quarters can end on different dates. Not investment advice.