RING ENERGY, INC.

RING ENERGY, INC.REIEarnings & Financial Report

NYSE · Energy · Crude Petroleum & Natural Gas

Siemens Energy AG is a German publicly traded energy corporation formed through the spin-off of the former Gas and Power division of Siemens, and it includes full ownership of Siemens Gamesa.

Revenue

$99.1M

Gross Profit

N/A

Operating Profit

$41.8M

Net Profit

$22.4M

Gross Margin

N/A

Operating Margin

42.2%

Net Margin

22.6%

YoY Growth

24.9%

EPS

$0.11

RING ENERGY, INC. Q2 FY2024 Financial Summary

RING ENERGY, INC. reported revenue of $99.1M (up 24.9% YoY) for Q2 FY2024, with a net profit of $22.4M (down 22.1% YoY) (22.6% margin).

Key Financial Metrics

Total Revenue$99.1M
Net Profit$22.4M
Gross MarginN/A
Operating Margin42.2%
Report PeriodQ2 FY2024

RING ENERGY, INC. Annual Revenue by Year

RING ENERGY, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $307.2M).

YearAnnual Revenue
2025$307.2M
2024$366.3M
2023$361.1M
2022$347.2M

RING ENERGY, INC. Quarterly Revenue & Net Profit History

RING ENERGY, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$66.9M-19.8%N/AN/A
Q3 FY2025$78.6M-11.9%$-51.6M-65.7%
Q2 FY2025$82.6M-16.7%$20.6M25.0%
Q1 FY2025$79.1M-16.3%$9.1M11.5%
Q4 FY2024$83.4M-16.5%N/AN/A
Q3 FY2024$89.2M-4.7%$33.9M38.0%
Q2 FY2024$99.1M+24.9%$22.4M22.6%
Q1 FY2024$94.5M+7.3%$5.5M5.8%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$94.5M$99.1M$89.2M$83.4M$79.1M$82.6M$78.6M$66.9M
YoY Growth7.3%24.9%-4.7%-16.5%-16.3%-16.7%-11.9%-19.8%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$1.38B$1.39B$1.40B$1.41B$1.51B$1.52B$1.43B$1.41B
Liabilities$591.7M$572.3M$548.5M$549.5M$629.6M$618.4M$587.0M$575.6M
Equity$793.0M$817.4M$851.3M$858.6M$876.0M$897.9M$847.7M$836.3M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$45.2M$50.6M$51.3M$47.3M$28.4M$33.3M$44.5M$44.7M