Ranger Energy Services, Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 9, 2026
RNGR$12.47-0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(in millions, except share and per share amounts)
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | ||||
| High Specification Rigs | $110.5 | $80.9 | $333.0 | $254.7 |
| Wireline Services | 12.3 | 17.2 | 41.5 | 56.5 |
| Processing Solutions and Ancillary Services | 40.0 | 30.8 | 123.9 | 93.5 |
| Total revenue | 162.8 | 128.9 | 498.4 | 404.7 |
| Operating expenses | ||||
| Cost of services (exclusive of depreciation and amortization): | ||||
| High Specification Rigs | 92.6 | 65.2 | 273.8 | 204.0 |
| Wireline Services | 12.1 | 18.6 | 38.0 | 59.6 |
| Processing Solutions and Ancillary Services | 33.3 | 25.3 | 99.5 | 75.9 |
| Total cost of services (exclusive of depreciation and amortization) | 138.0 | 109.1 | 411.3 | 339.5 |
| General and administrative | 7.7 | 6.6 | 23.1 | 20.7 |
| Depreciation and amortization | 14.9 | 11.0 | 46.7 | 32.5 |
| Impairment of assets | 0.1 | — | 0.1 | 0.4 |
| (Gain) loss on sale of assets | 0.3 | (0.4) | (1.5) | (0.6) |
| Change in fair value of contingent consideration | (3.0) | — | (2.3) | — |
| Total operating expenses | 158.0 | 126.3 | 477.4 | 392.5 |
| Operating income | 4.8 | 2.6 | 21.0 | 12.2 |
| Other income and expenses | ||||
| Interest expense, net | 0.7 | 0.4 | 2.6 | 1.0 |
| Other income, net | (0.1) | (0.3) | (0.1) | (1.9) |
| Total other expense (income), net | 0.6 | 0.1 | 2.5 | (0.9) |
| Income before income tax expense | 4.2 | 2.5 | 18.5 | 13.1 |
| Income tax expense | 1.7 | 1.3 | 6.1 | 4.0 |
| Net income | 2.5 | 1.2 | 12.4 | 9.1 |
| Income per common share | ||||
| Basic | $0.11 | $0.06 | $0.53 | $0.41 |
| Diluted | $0.10 | $0.05 | $0.52 | $0.40 |
| Weighted average common shares outstanding | ||||
| Basic | 23,416,260 | 21,769,012 | 23,593,251 | 22,208,218 |
| Diluted | 23,810,785 | 22,082,764 | 23,965,187 | 22,520,080 |
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