Ring Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	301.76	307.18	366.33	361.06	347.25	196.31
Revenue Growth (YoY)	-14.01%	-16.15%	1.46%	3.98%	76.89%	73.68%
Cost of Revenue	-101.16	-102.16	-103	-95.51	-71.32	-46.05
Gross Profit	402.91	409.34	469.33	456.57	418.57	242.35
Selling, General & Admin	-30.75	-31.93	-29.64	-29.19	-27.1	-16.07
Depreciation & Amortization Expenses	-95.2	-96.41	-98.7	-88.61	-55.74	-37.17
Other Operating Expenses	-273.17	-111.02	-2.08	-1.97	-1.35	-1.27
Total Operating Expenses	-399.12	-239.36	-130.42	-119.77	-84.18	-54.5
Operating Income	802.04	648.7	599.75	576.33	502.76	296.86
Interest Income	0.27	0.29	0.49	0.26	0	0
Interest Expense	-39.53	-40.43	-43.31	-43.93	-23.17	-14.49
Other Non-Operating Income (Expense)	-137.53	24.45	-47.16	-37.91	-66.23	-170.2
Total Non-Operating Income (Expense)	-176.79	-15.69	-89.98	-81.58	-89.4	-184.69
Pretax Income	-286.92	-42.18	87.91	104.99	147.04	3.41
Provision for Income Taxes	-22.48	-7.45	20.44	0.13	8.41	0.09
Net Income	-264.43	-34.73	67.47	104.87	138.64	3.32
Net Income to Common	-264.43	-34.73	67.47	104.87	138.64	3.32
Net Income Growth	-	-	-35.66%	-24.36%	4072.12%	-
Shares Outstanding (Basic)	207	205	198	191	121	99
Shares Outstanding (Diluted)	207	205	200	195	142	121
Shares Change (YoY)	3.28%	2.35%	2.51%	37.82%	16.97%	66.27%
EPS (Basic)	-1.27	-0.17	0.34	0.55	1.14	0.03
EPS (Diluted)	-1.27	-0.17	0.34	0.54	0.98	0.03
EPS Growth	-	-	-37.04%	-44.90%	3166.67%	-
Shares Outstanding	209.4	207.66	198.56	196.84	175.53	100.19
Free Cash Flow	46.93	52.93	38.08	42.96	65.76	19.49
Free Cash Flow Growth	-11.34%	39.00%	-11.35%	-34.68%	237.38%	-31.20%
Free Cash Flow Per Share	0.23	0.26	0.19	0.22	0.46	0.16
Gross Margin	133.52%	133.26%	128.12%	126.45%	120.54%	123.46%
Operating Margin	265.79%	211.18%	163.72%	159.62%	144.78%	151.22%
Profit Margin	-87.63%	-11.31%	18.42%	29.04%	39.92%	1.69%
FCF Margin	15.55%	17.23%	10.40%	11.90%	18.94%	9.93%
EBITDA	897.24	745.11	698.46	664.94	558.5	334.02
EBITDA Margin	297.34%	242.57%	190.66%	184.17%	160.83%	170.15%
EBIT	802.04	648.7	599.75	576.33	502.76	296.86
EBIT Margin	265.79%	211.18%	163.72%	159.62%	144.78%	151.22%
Effective Tax Rate	7.84%	17.67%	23.25%	0.12%	5.72%	2.65%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q