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	Jun '26 Jun 30, 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	308.34	292.87	350.21	342.92	330.12	187.18
Revenue Growth	-3.31%	-16.37%	2.13%	3.88%	76.36%	73.64%
Cost of Revenue	72.49	75.22	74.73	65.52	46.91	34.65
Gross Profit	235.85	217.64	275.48	277.4	283.22	152.54
Selling, General & Admin	36.2	37.34	34.42	34.83	30.08	16.59
Other Operating Expenses	51.28	-22.26	11.82	5.42	27.19	80.87
Operating Expenses	177.23	111.5	144.94	128.85	113.01	134.63
Operating Income	58.62	106.15	130.53	148.55	170.21	17.9
Interest Expense	-36.15	-40.43	-43.31	-43.93	-23.17	-14.49
Interest & Investment Income	0.35	0.29	0.49	0.26	0	0
Other Non Operating Income (Expenses)	0.05	0.19	0.11	0.2	-	-
EBT Excluding Unusual Items	22.86	66.2	87.82	105.08	147.04	3.41
Gain (Loss) on Sale of Assets	0.27	0.45	0.09	-0.09	-	-
Asset Writedown	-270.91	-108.83	-	-	-	-
Pretax Income	-247.78	-42.18	87.91	104.99	147.04	3.41
Income Tax Expense	-27.5	-7.45	20.44	0.13	8.41	0.09
Net Income	-220.27	-34.73	67.47	104.86	138.64	3.32
Net Income to Common	-220.27	-34.73	67.47	104.86	138.64	3.32
Net Income Growth	-	-	-35.66%	-24.36%	4072.12%	-
Shares Outstanding (Basic)	214	205	198	191	121	99
Shares Outstanding (Diluted)	214	205	200	195	142	121
Shares Change	5.80%	2.35%	2.51%	37.82%	16.97%	66.27%
EPS (Basic)	-1.03	-0.17	0.34	0.55	1.14	0.03
EPS (Diluted)	-1.03	-0.17	0.34	0.54	0.98	0.03
EPS Growth	-	-	-37.04%	-44.90%	3166.78%	-
Free Cash Flow	20.34	-28.93	38.08	42.96	65.76	19.49
Free Cash Flow Per Share	0.10	-0.14	0.19	0.22	0.46	0.16
Gross Margin	76.49%	74.31%	78.66%	80.89%	85.79%	81.49%
Operating Margin	19.01%	36.24%	37.27%	43.32%	51.56%	9.56%
Profit Margin	-71.44%	-11.86%	19.27%	30.58%	41.99%	1.77%
Free Cash Flow Margin	6.60%	-9.88%	10.87%	12.53%	19.92%	10.41%
EBITDA	149.95	204.05	230.62	238.58	226.94	55.82
EBITDA Margin	48.63%	69.67%	65.85%	69.57%	68.74%	29.82%
D&A For EBITDA	91.33	97.9	100.08	90.04	56.72	37.91
EBIT	58.62	106.15	130.53	148.55	170.21	17.9
EBIT Margin	19.01%	36.24%	37.27%	43.32%	51.56%	9.56%
Effective Tax Rate	-	-	23.25%	0.12%	5.72%	2.65%

SEC Filings: 10-K · 10-Q