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Ranger Energy Services RNGR High Specification Rigs — Repair and maintenance

Other segment segments

Processing Solutions and Ancillary Services
$5M+31.6%
Wireline Services
$1.4M-36.4%

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Other financials

Income statement

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Revenue$176.5M+25.5%
Gross profit$33.8M+32.0%
Operating income$11.8M+37.2%
Net income$6.9M-5.5%
EPS (diluted)$0.29-9.4%

Balance sheet

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Cash & equivalents$4.2M-91.4%
Total debt$39.1M+42.2%
Total equity$302.9M+9.4%
Total assets$467.6M+22.5%

Cash flow

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Operating cash flow$26.4M+27.5%
CapEx$6.4M+1.6%
Free cash flow-$21.7M-738%

Valuation

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Market cap$388.01M+41.0%
Enterprise value$422.91M+66.6%
P/E27.1×+14.8×
P/S0.6×+0.2×

Profitability

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Gross margin17.7%-0.3pp
Operating margin3.7%-1.7pp
Net margin2.4%-1.6pp
FCF margin3.1%-5.4pp

Returns & leverage

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Return on equity4.9%-3.4pp
Debt / equity0.1×0.0×
Current ratio1.7×-0.7×

Where this comes from

Reported directly by Ranger Energy Services in its filing.

Tagged under the XBRL concept us-gaap:CostOfPropertyRepairsAndMaintenance.

The source filing: Ranger Energy Services’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050161
Line itemHigh Specification RigsWireline ServicesProcessing Solutions and Ancillary ServicesTotal
Revenue$113.4$18.6$44.5$176.5
Employee expenses57.16.516.580.1
Repair and maintenance10.91.45.017.3
Other segment items*25.07.313.045.3
Plus: Severance and reorganization costs0.20.20.4
Adjusted EBITDA$20.6$3.6$10.0$34.2
Depreciation and amortization$9.2$2.4$3.7$15.3
Capital expenditures$6.9$0.6$2.8$10.3

Item 1. Financial Statements (Unaudited)

FAQ

What is Ranger Energy Services's high specification rigs — repair and maintenance?
Ranger Energy Services (RNGR) reported high specification rigs — repair and maintenance of $10.9M in Q2 2026.
How has Ranger Energy Services's high specification rigs — repair and maintenance changed year-over-year?
Ranger Energy Services's high specification rigs — repair and maintenance increased by 31.3% year-over-year, from $8.3M to $10.9M.
What is the long-term trend for Ranger Energy Services's high specification rigs — repair and maintenance?
Over 2 years (2023 to 2025), Ranger Energy Services's high specification rigs — repair and maintenance has grown at a 7.9% compound annual growth rate (CAGR), from $28M to $32.6M.
What does high specification rigs — repair and maintenance mean?
Captures the costs associated with keeping high-specification rigs in operational condition, including routine servicing and unplanned repairs. High levels of expenditure here are essential to ensure equipment reliability and safety in demanding field environments.

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