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Side-by-side financial comparison of Inotiv, Inc. (NOTV) and Ranger Energy Services, Inc. (RNGR). Click either name above to swap in a different company.

Ranger Energy Services, Inc. is the larger business by last-quarter revenue ($142.2M vs $120.9M, roughly 1.2× Inotiv, Inc.). Ranger Energy Services, Inc. runs the higher net margin — 2.3% vs -23.5%, a 25.7% gap on every dollar of revenue. On growth, Inotiv, Inc. posted the faster year-over-year revenue change (0.8% vs -0.6%). Ranger Energy Services, Inc. produced more free cash flow last quarter ($17.1M vs $-10.6M). Over the past eight quarters, Ranger Energy Services, Inc.'s revenue compounded faster (1.9% CAGR vs 0.8%).

Inotiv, Inc. is a contract research organization organized in Indiana and headquartered in Lafayette, Indiana. The company operates two core business units: Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). The CRS business unit offers drug development and environmental sciences services, including safety assessment, analytical, metabolism, CMC and regulatory consultancy for small molecule drug candidates, biotherapeutics, and biomedical devices. The RMS business u...

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

NOTV vs RNGR — Head-to-Head

Bigger by revenue
RNGR
RNGR
1.2× larger
RNGR
$142.2M
$120.9M
NOTV
Growing faster (revenue YoY)
NOTV
NOTV
+1.5% gap
NOTV
0.8%
-0.6%
RNGR
Higher net margin
RNGR
RNGR
25.7% more per $
RNGR
2.3%
-23.5%
NOTV
More free cash flow
RNGR
RNGR
$27.7M more FCF
RNGR
$17.1M
$-10.6M
NOTV
Faster 2-yr revenue CAGR
RNGR
RNGR
Annualised
RNGR
1.9%
0.8%
NOTV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NOTV
NOTV
RNGR
RNGR
Revenue
$120.9M
$142.2M
Net Profit
$-28.4M
$3.2M
Gross Margin
Operating Margin
-13.5%
2.3%
Net Margin
-23.5%
2.3%
Revenue YoY
0.8%
-0.6%
Net Profit YoY
-2.7%
-44.8%
EPS (diluted)
$-0.83
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NOTV
NOTV
RNGR
RNGR
Q4 25
$120.9M
$142.2M
Q3 25
$138.1M
$128.9M
Q2 25
$130.7M
$140.6M
Q1 25
$124.3M
$135.2M
Q4 24
$119.9M
$143.1M
Q3 24
$130.4M
$153.0M
Q2 24
$105.8M
$138.1M
Q1 24
$119.0M
$136.9M
Net Profit
NOTV
NOTV
RNGR
RNGR
Q4 25
$-28.4M
$3.2M
Q3 25
$-8.6M
$1.2M
Q2 25
$-17.6M
$7.3M
Q1 25
$-14.9M
$600.0K
Q4 24
$-27.6M
$5.8M
Q3 24
$-18.9M
$8.7M
Q2 24
$-26.1M
$4.7M
Q1 24
$-48.1M
$-800.0K
Operating Margin
NOTV
NOTV
RNGR
RNGR
Q4 25
-13.5%
2.3%
Q3 25
-4.9%
2.0%
Q2 25
-4.3%
6.1%
Q1 25
-2.4%
0.7%
Q4 24
-12.9%
6.2%
Q3 24
-10.1%
8.4%
Q2 24
-19.6%
5.3%
Q1 24
-36.2%
-0.4%
Net Margin
NOTV
NOTV
RNGR
RNGR
Q4 25
-23.5%
2.3%
Q3 25
-6.2%
0.9%
Q2 25
-13.5%
5.2%
Q1 25
-12.0%
0.4%
Q4 24
-23.0%
4.1%
Q3 24
-14.5%
5.7%
Q2 24
-24.7%
3.4%
Q1 24
-40.4%
-0.6%
EPS (diluted)
NOTV
NOTV
RNGR
RNGR
Q4 25
$-0.83
$0.14
Q3 25
$-0.14
$0.05
Q2 25
$-0.51
$0.32
Q1 25
$-0.44
$0.03
Q4 24
$-1.02
$0.24
Q3 24
$-0.73
$0.39
Q2 24
$-1.00
$0.21
Q1 24
$-1.86
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NOTV
NOTV
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$12.7M
$10.3M
Total DebtLower is stronger
$405.8M
Stockholders' EquityBook value
$109.0M
$300.1M
Total Assets
$734.3M
$419.3M
Debt / EquityLower = less leverage
3.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOTV
NOTV
RNGR
RNGR
Q4 25
$12.7M
$10.3M
Q3 25
$21.7M
$45.2M
Q2 25
$6.2M
$48.9M
Q1 25
$19.3M
$40.3M
Q4 24
$38.0M
$40.9M
Q3 24
$21.4M
$14.8M
Q2 24
$14.4M
$8.7M
Q1 24
$32.7M
$11.1M
Total Debt
NOTV
NOTV
RNGR
RNGR
Q4 25
$405.8M
Q3 25
$402.1M
Q2 25
$396.5M
Q1 25
$399.5M
Q4 24
$396.0M
$0
Q3 24
$393.3M
$0
Q2 24
$382.4M
$0
Q1 24
$380.6M
$0
Stockholders' Equity
NOTV
NOTV
RNGR
RNGR
Q4 25
$109.0M
$300.1M
Q3 25
$136.0M
$270.0M
Q2 25
$143.8M
$276.9M
Q1 25
$157.7M
$272.6M
Q4 24
$169.8M
$273.8M
Q3 24
$170.5M
$267.6M
Q2 24
$182.1M
$260.5M
Q1 24
$207.2M
$261.7M
Total Assets
NOTV
NOTV
RNGR
RNGR
Q4 25
$734.3M
$419.3M
Q3 25
$771.1M
$372.8M
Q2 25
$759.7M
$381.7M
Q1 25
$766.0M
$376.5M
Q4 24
$772.9M
$381.6M
Q3 24
$781.4M
$373.9M
Q2 24
$774.6M
$359.6M
Q1 24
$815.4M
$355.5M
Debt / Equity
NOTV
NOTV
RNGR
RNGR
Q4 25
3.72×
Q3 25
2.96×
Q2 25
2.76×
Q1 25
2.53×
Q4 24
2.33×
0.00×
Q3 24
2.31×
0.00×
Q2 24
2.10×
0.00×
Q1 24
1.84×
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NOTV
NOTV
RNGR
RNGR
Operating Cash FlowLast quarter
$-5.4M
$24.1M
Free Cash FlowOCF − Capex
$-10.6M
$17.1M
FCF MarginFCF / Revenue
-8.8%
12.0%
Capex IntensityCapex / Revenue
4.3%
4.9%
Cash ConversionOCF / Net Profit
7.53×
TTM Free Cash FlowTrailing 4 quarters
$-28.7M
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOTV
NOTV
RNGR
RNGR
Q4 25
$-5.4M
$24.1M
Q3 25
$14.3M
$13.6M
Q2 25
$-7.4M
$20.7M
Q1 25
$-12.8M
$10.6M
Q4 24
$-4.5M
$32.7M
Q3 24
$-2.4M
$17.7M
Q2 24
$-14.8M
$22.1M
Q1 24
$16.9M
$12.0M
Free Cash Flow
NOTV
NOTV
RNGR
RNGR
Q4 25
$-10.6M
$17.1M
Q3 25
$11.6M
$8.0M
Q2 25
$-11.5M
$14.4M
Q1 25
$-18.3M
$3.4M
Q4 24
$-9.0M
$27.3M
Q3 24
$-7.7M
$10.8M
Q2 24
$-19.2M
$6.8M
Q1 24
$9.9M
$5.5M
FCF Margin
NOTV
NOTV
RNGR
RNGR
Q4 25
-8.8%
12.0%
Q3 25
8.4%
6.2%
Q2 25
-8.8%
10.2%
Q1 25
-14.7%
2.5%
Q4 24
-7.5%
19.1%
Q3 24
-5.9%
7.1%
Q2 24
-18.2%
4.9%
Q1 24
8.3%
4.0%
Capex Intensity
NOTV
NOTV
RNGR
RNGR
Q4 25
4.3%
4.9%
Q3 25
1.9%
4.3%
Q2 25
3.1%
4.5%
Q1 25
4.4%
5.3%
Q4 24
3.7%
3.8%
Q3 24
4.1%
4.5%
Q2 24
4.2%
11.1%
Q1 24
5.9%
4.7%
Cash Conversion
NOTV
NOTV
RNGR
RNGR
Q4 25
7.53×
Q3 25
11.33×
Q2 25
2.84×
Q1 25
17.67×
Q4 24
5.64×
Q3 24
2.03×
Q2 24
4.70×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NOTV
NOTV

Research Models And Services Segment$72.9M60%
Discovery And Safety Assessment Segment$48.0M40%

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

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