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Ranger Energy Services RNGR Wireline Services — Severance and reorganization costs

Other segment segments

High Specification Rigs
$200K
Processing Solutions and Ancillary Services
$0

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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$375.37M+35.6%
Enterprise value$410.27M+60.7%
P/E26.3×+13.9×
P/S0.6×+0.1×

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:RestructuringCharges.

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 wireline services — severance and reorganization costs?
Ranger Energy Services (RNGR) reported wireline services — severance and reorganization costs of $200K in Q2 2026.
What is the long-term trend for Ranger Energy Services's wireline services — severance and reorganization costs?
Over 2 years (2023 to 2025), Ranger Energy Services's wireline services — severance and reorganization costs has grown at a -23.3% compound annual growth rate (CAGR), from $1.7M to $1M.
What does wireline services — severance and reorganization costs mean?
Costs associated with workforce reductions or structural changes within the wireline segment. These expenses are typically viewed as transitory and indicate management's efforts to align cost structures with current market demand.

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