RNGR (RNGR) financial statements
RNGR reported revenue of $547M in fiscal 2025, up 29.7% a year over 9 years.
Net income was $12M and the operating margin 2.8%, against -8.5% in 2016.
Free cash flow was $43M, and the company returned $6M in dividends and $12M in net buybacks.
The diluted share count rose 170% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RNGR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $53M | $154M | $303M | $337M | $188M | $293M | $608M | $637M | $571M | $547M |
| Cost of revenue | — | — | $237M | $263M | $148M | $263M | $504M | $532M | $473M | $457M |
| Gross profit | — | — | $66M | $74M | $40M | $30M | $105M | $105M | $98M | $90M |
| Selling, general and admin | $11M | $30M | $29M | $27M | $22M | $35M | $40M | $30M | $28M | $30M |
| Operating income | -$4M | -$21M | -$2M | $12M | -$17M | -$40M | $20M | $37M | $29M | $15M |
| Interest expense | $500,000 | $6M | $4M | $6M | $3M | $5M | $7M | $4M | $3M | $1M |
| Pre-tax income | -$5M | -$27M | -$6M | $7M | -$18M | -$8M | $16M | $31M | $26M | $18M |
| Income tax | — | $400,000 | $0 | $2M | $0 | -$6M | $900,000 | $7M | $8M | $6M |
| Net income | -$5M | -$7M | -$3M | $2M | -$10M | $9M | $15M | $24M | $18M | $12M |
| EPS (diluted) | — | -$0.78 | -$0.39 | $0.21 | -$1.21 | $0.63 | $0.65 | $0.95 | $0.81 | $0.54 |
| Diluted shares | — | 8M | 8M | 9M | 9M | 14M | 23M | 25M | 23M | 23M |
| Gross margin | — | — | 21.8% | 21.9% | 21.2% | 10.2% | 17.2% | 16.5% | 17.2% | 16.5% |
| Operating margin | -8.5% | -13.4% | -0.7% | 3.7% | -9.2% | -13.8% | 3.2% | 5.8% | 5.0% | 2.8% |
| Net margin | -9.5% | -4.3% | -1.1% | 0.5% | -5.5% | 2.9% | 2.5% | 3.7% | 3.2% | 2.2% |
Balance sheet
Fiscal years, from RNGR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $2M | $5M | $3M | $7M | $3M | $600,000 | $4M | $16M | $41M | $10M |
| Receivables | $13M | $32M | $45M | $42M | $26M | $81M | $91M | $85M | $68M | $78M |
| Inventory | — | $2M | $5M | $4M | $2M | $2M | $6M | $6M | $6M | $3M |
| Total current assets | $22M | $49M | $61M | $59M | $36M | $105M | $140M | $135M | $144M | $121M |
| Property, plant and equipment | $102M | $189M | $230M | $219M | $189M | $271M | $222M | $226M | $224M | — |
| Goodwill | $2M | $9M | $0 | — | $0 | — | — | — | — | — |
| Total assets | $136M | $260M | $302M | $294M | $241M | $393M | $382M | $378M | $382M | $419M |
| Total current liabilities | $12M | $53M | $59M | $55M | $33M | $103M | $74M | $69M | $65M | $69M |
| Long-term debt | $10M | $6M | $45M | $27M | $14M | $18M | $12M | $0 | $0 | — |
| Total liabilities | $23M | $64M | $110M | $90M | $56M | $144M | $115M | $106M | $108M | $119M |
| Shareholders' equity | — | $104M | $102M | $113M | $102M | $249M | $266M | $272M | $274M | $300M |
| Net debt | $10M | $2M | $58M | $36M | $22M | $62M | $15M | -$16M | -$41M | -$7M |
Cash flow
Fiscal years, from RNGR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$5M | -$17M | $28M | $52M | $26M | -$39M | $44M | $91M | $84M | $69M |
| Capital spending | $11M | $22M | $76M | $24M | $7M | $6M | $14M | $36M | $34M | $26M |
| Free cash flow | -$16M | -$39M | -$48M | $28M | $18M | -$45M | $31M | $54M | $50M | $43M |
| Stock-based compensation | $500,000 | $1M | $2M | $3M | $4M | $3M | $4M | $5M | $6M | $6M |
| Dividends paid | $3M | — | — | — | — | — | $0 | $2M | $4M | $6M |
| Share buybacks (net) | — | — | $0 | -$700,000 | -$3M | $0 | $0 | -$19M | -$16M | -$12M |
| Net borrowing | -$3M | -$12M | -$38M | — | — | — | — | -$400,000 | -$100,000 | $0 |
| Free cash flow margin | -31.1% | -25.3% | -15.9% | 8.2% | 9.7% | -15.4% | 5.0% | 8.5% | 8.8% | 7.8% |
| Dividends per share | — | — | — | — | — | — | — | $0.10 | $0.20 | $0.24 |
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Open RNGR in InvestinglyQuestions
What was RNGR's revenue in 2025?
$547M in fiscal 2025, from its 10-K filing.
How much free cash flow does RNGR generate?
$43M in fiscal 2025 (operating cash flow minus capital spending).
From RNGR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.