Ranger Energy Services, Inc.

Ranger Energy Services reported total revenue of $546.9 million for FY 2025, a decrease from $571.1 million in FY 2024. Net income was $12.3 million, down from $18.4 million in the prior year. Operating income declined to $15.4 million from $28.6 million. The company generated $69.0 million in net cash from operating activities, but used $76.1 million in investing activities primarily for the purchase of a business ($52.5 million) and property and equipment ($26.1 million). Key performance drivers included the acquisition of American Well Services, which added 41 rigs to the fleet, and segment performance variations with High Specification Rigs generating $347.0 million in revenue while Wireline Services declined to $68.9 million. The company maintained a strong liquidity position with $10.3 million in cash and $419.3 million in total assets.

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