Ring Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	307.18	366.33	361.06	347.25	196.31
Revenue Growth (YoY)	-16.15%	1.46%	3.98%	76.89%	73.68%
Cost of Revenue	-102.16	-103	-95.51	-71.32	-46.05
Gross Profit	409.34	469.33	456.56	418.57	242.35
Selling, General & Admin	-31.93	-29.64	-29.19	-27.1	-16.07
Depreciation & Amortization Expenses	-96.41	-98.7	-88.61	-55.74	-37.17
Other Operating Expenses	-111.02	-2.08	-1.97	-1.35	-1.27
Total Operating Expenses	-239.36	-130.42	-119.77	-84.18	-54.5
Operating Income	648.69	599.75	576.33	502.75	296.86
Interest Income	0.29	0.49	0.26	0	0
Interest Expense	-40.43	-43.31	-43.93	-23.17	-14.49
Other Non-Operating Income (Expense)	24.45	-47.16	-37.91	-66.23	-170.2
Total Non-Operating Income (Expense)	-15.69	-89.98	-81.58	-89.4	-184.69
Pretax Income	-42.18	87.91	104.99	147.04	3.41
Provision for Income Taxes	-7.45	20.44	0.13	8.41	0.09
Net Income	-34.73	67.47	104.86	138.64	3.32
Net Income to Common	-34.73	67.47	104.86	138.64	3.32
Net Income Growth	-	-35.66%	-24.36%	4072.12%	-
Shares Outstanding (Basic)	205	198	191	121	99
Shares Outstanding (Diluted)	205	200	195	142	121
Shares Change (YoY)	2.35%	2.51%	37.82%	16.97%	66.27%
EPS (Basic)	-0.17	0.34	0.55	1.14	0.03
EPS (Diluted)	-0.17	0.34	0.54	0.98	0.03
EPS Growth	-	-37.04%	-44.90%	3166.67%	-
Free Cash Flow	52.93	38.08	42.96	65.76	19.49
Free Cash Flow Growth	39.00%	-11.35%	-34.68%	237.38%	-31.20%
Free Cash Flow Per Share	0.26	0.19	0.22	0.46	0.16
Gross Margin	133.26%	128.12%	126.45%	120.54%	123.46%
Operating Margin	211.18%	163.72%	159.62%	144.78%	151.22%
Profit Margin	-11.31%	18.42%	29.04%	39.92%	1.69%
FCF Margin	17.23%	10.40%	11.90%	18.94%	9.93%
EBITDA	745.11	698.46	664.94	558.5	334.02
EBITDA Margin	242.57%	190.66%	184.17%	160.83%	170.15%
EBIT	648.69	599.75	576.33	502.75	296.86
EBIT Margin	211.18%	163.72%	159.62%	144.78%	151.22%
Effective Tax Rate	17.67%	23.25%	0.12%	5.72%	2.65%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

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