Ranger Energy Services, Inc.
For the period ended Mar 31, 2026. Filed Apr 28, 2026.
View on SEC.govAbout this filing
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.
Mar 31, 2026 · Filed Apr 28, 2026
RNGR$11.25-9.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(in millions)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows from Operating Activities | ||
| Net income | $3.0 | $0.6 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 16.2 | 10.6 |
| Equity based compensation | 1.6 | 1.6 |
| Gain on sale of assets | (0.6) | 0.7 |
| Deferred income tax expense | 0.8 | (0.1) |
| Impairment of assets | — | 0.4 |
| Change in fair value of contingent consideration | 0.3 | — |
| Other expenses | 0.5 | 0.2 |
| Changes in operating assets and liabilities | ||
| Accounts receivable, net | (42.4) | 1.1 |
| Contract assets | (2.7) | (3.1) |
| Inventory | (0.1) | (0.1) |
| Prepaid expenses and other current assets | 2.8 | 1.7 |
| Other assets | 0.8 | 0.6 |
| Accounts payable | (1.5) | (0.3) |
| Accrued expenses | 4.4 | (2.5) |
| Other current liabilities | (0.1) | (0.7) |
| Other long-term liabilities | 13.6 | (0.1) |
| Net cash provided by (used in) operating activities | (3.4) | 10.6 |
| Cash Flows from Investing Activities | ||
| Purchase of property and equipment | (18.3) | (7.2) |
| Proceeds from disposal of property and equipment | 1.0 | 1.1 |
| Net cash used in investing activities | (17.3) | (6.1) |
| Cash Flows from Financing Activities | ||
| Borrowings under Revolving Credit Facility | 42.3 | 0.1 |
| Principal payments on Revolving Credit Facility | (19.1) | (0.1) |
| Principal payments on financing lease obligations | (2.9) | (1.7) |
| Principal payments on other financing liabilities | (0.2) | (0.2) |
| Dividends paid to Class A Common Stock stockholders | — | (1.3) |
| Shares withheld for equity compensation | (2.3) | (1.9) |
| Repurchase of Class A Common Stock | (0.5) | — |
| Net cash provided by (used in) financing activities | 17.3 | (5.1) |
| Decrease in cash and cash equivalents | (3.4) | (0.6) |
| Cash and cash equivalents, Beginning of Period | 10.3 | 40.9 |
| Cash and cash equivalents, End of Period | 6.9 | $40.3 |
| Supplemental Cash Flow Information | ||
| Interest paid | 0.4 | $0.5 |
| Supplemental Disclosure of Non-cash Investing and Financing Activities | ||
| Capital expenditures included in accounts payable and accrued liabilities | 0.2 | $0.1 |
| Additions to fixed assets through installment purchases and financing leases | (1.5) | $(1.6) |
| Additions to fixed assets through asset trades | — | $(0.2) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.