Ranger Energy Services, Inc. 2026: Revenue $176.5M, EPS $0.29— 10-Q Summary

Ranger Energy Services, Inc. reported results for the quarter ended 2026 with revenue of $176.5M, up from $140.6M a year earlier, while net income was $6.9M and diluted EPS was $0.29.Financial Highlights¹ Reported as “Total revenue”. ² Reported as “Net income”. ³ Reported as “Diluted income per com…

Ranger Energy Services, Inc. reported results for the quarter ended 2026 with revenue of $176.5M, up from $140.6M a year earlier, while net income was $6.9M and diluted EPS was $0.29.

Financial Highlights

MetricCurrent quarterPrior year quarterYoY change

Revenue¹$176.5M$140.6M25.5%

Net income²$6.9M$7.3M(5.5%)

Diluted EPS³$0.29$0.32(9.4%)

¹ Reported as “Total revenue”. ² Reported as “Net income”. ³ Reported as “Diluted income per common share”.

Business Highlights

Revenue growth was driven by High Specification Rigs and Processing Solutions, with the AWS acquisition contributing meaningfully to ~26% quarterly and 22% year-to-date growth.
The AWS acquisition shifted the company’s mix toward the Permian Basin, increasing rig hours and processing and ancillary activity.
Production-focused services remained resilient as customers prioritized well maintenance over discretionary completions.
Wireline was reorganized to better align costs with activity, improving segment margins despite lower revenue.
Capital deployment included integration of AWS and expansion of the ECHO hybrid rig fleet to broaden capabilities and service offerings.

Original SEC Filing:

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