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$176.5 million in second-quarter 2026 revenue marks a $35.9 million year-over-year gain for Ranger Energy Services (NYSE: RNGR), with $17.4 million of that arriving sequentially from Q1.
Adjusted EBITDA reached $28.6 million, a sequential gain the company pegged at more than 22%, clearing a self-stated $100 million annual run-rate target in the second full quarter after the AWS acquisition.
Free cash flow for the quarter was $20.0 million.
Quarterly comparison | Metric | Q2 2026 (reported) | Q1 2026 (reported) | Q2 2025 (reported) | |---|---|---|---| | Revenue | $176.5M | $159.1M | $140.6M | | Adjusted EBITDA | $28.6M | $23.3M | $20.6M | | Adj.
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