Ring Energy, Inc. (REI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 0 | 66.88M | 78.6M | 82.6M | 79.09M | 83.44M | 89.24M | 99.14M | 94.5M | 99.94M | 93.68M | 79.35M | 88.08M | 99.7M | 94.41M | 84.96M | 68.18M | 59.67M | 49.38M | 47.76M |
| Revenue Growth % | -100% | -19.84% | -11.93% | -16.68% | -16.31% | -16.51% | -4.74% | 24.94% | 7.29% | 0.25% | -0.77% | -6.61% | 29.19% | 67.09% | 91.2% | 77.89% | 72.6% | 90.32% | 56.92% | 349.02% |
| Cost of Goods Sold | 117.05K | 47.71M | 24.32M | 31.57M | 47.79M | 51.46M | 52.62M | 49.26M | 49.07M | 49.99M | 46.67M | 42.53M | 44.94M | 45.04M | 33.2M | 24.79M | 24.29M | 22.65M | 20.37M | 20.58M |
| COGS % of Revenue | - | 71.34% | 30.94% | 38.22% | 60.42% | 61.67% | 58.97% | 49.68% | 51.92% | 50.01% | 49.82% | 53.6% | 51.01% | 45.17% | 35.17% | 29.18% | 35.62% | 37.96% | 41.26% | 43.1% |
| Gross Profit | -117.05K | 19.17M | 54.29M | 51.04M | 31.3M | 31.98M | 36.62M | 49.88M | 45.44M | 49.96M | 47.01M | 36.82M | 43.15M | 54.66M | 61.21M | 60.17M | 43.9M | 37.02M | 29M | 27.18M |
| Gross Margin % | - | 28.66% | 69.06% | 61.78% | 39.58% | 38.33% | 41.03% | 50.32% | 48.08% | 49.99% | 50.18% | 46.4% | 48.99% | 54.83% | 64.83% | 70.82% | 64.38% | 62.04% | 58.74% | 56.9% |
| Gross Profit Growth % | -100.37% | -40.06% | 48.24% | 2.31% | -31.11% | -35.98% | -22.1% | 35.47% | 5.3% | -8.6% | -23.2% | -38.81% | -1.7% | 47.66% | 111.04% | 121.41% | 126.6% | 333.85% | 213.93% | 703.95% |
| Operating Expenses | 215.38M | 8.42M | 109.29M | 27.56M | 8.95M | 8.36M | 6.78M | 8.07M | 7.82M | 9.06M | 7.44M | 7.16M | 7.5M | 8.83M | 7.64M | 6.02M | 5.71M | 5.15M | 4.62M | 3.94M |
| OpEx % of Revenue | - | 12.59% | 139.04% | 33.36% | 11.31% | 10.02% | 7.59% | 8.14% | 8.27% | 9.06% | 7.94% | 9.03% | 8.51% | 8.85% | 8.09% | 7.08% | 8.38% | 8.63% | 9.35% | 8.25% |
| Selling, General & Admin | 7.44M | 8.03M | 8.31M | 7.14M | 8.62M | 8.04M | 6.42M | 7.71M | 7.47M | 8.71M | 7.08M | 6.81M | 7.13M | 8.46M | 7.39M | 5.83M | 5.52M | 4.96M | 4.43M | 3.76M |
| SG&A % of Revenue | - | 12.01% | 10.58% | 8.64% | 10.9% | 9.63% | 7.2% | 7.78% | 7.9% | 8.71% | 7.56% | 8.58% | 8.09% | 8.49% | 7.83% | 6.86% | 8.1% | 8.32% | 8.98% | 7.87% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 390.89K | 1000K | 1000K | 326.55K | 323.08K | 354.19K | 352.18K | 350.83K | 351.79K | 354.18K | 353.88K | 365.85K | 365.75K | 243.14K | 186.3K | 188.24K | 183.38K | 182.91K | 184.01K |
| Operating Income | -141.83M | 10.75M | -55M | 23.48M | 22.36M | 23.62M | 29.85M | 41.82M | 37.62M | 40.9M | 39.57M | 29.66M | 35.65M | 45.83M | 53.57M | 54.15M | 38.19M | 31.87M | 24.39M | 23.24M |
| Operating Margin % | - | 16.07% | -69.98% | 28.42% | 28.27% | 28.31% | 33.44% | 42.18% | 39.8% | 40.92% | 42.24% | 37.38% | 40.47% | 45.97% | 56.74% | 63.74% | 56.01% | 53.41% | 49.39% | 48.65% |
| Operating Income Growth % | -734.4% | -54.5% | -284.3% | -43.86% | -40.57% | -42.24% | -24.58% | 41% | 5.51% | -10.77% | -26.13% | -45.23% | -6.64% | 43.82% | 119.67% | 133.06% | 134.78% | 124.82% | 274.54% | 114.81% |
| EBITDA | -120.42M | 33.75M | -29.39M | 49.43M | 44.71M | 48.17M | 55.51M | 66.52M | 61.15M | 65.45M | 61.37M | 50.26M | 56.74M | 67.09M | 67.9M | 64.9M | 47.97M | 42.53M | 33.7M | 32.51M |
| EBITDA Margin % | - | 50.46% | -37.39% | 59.84% | 56.53% | 57.73% | 62.2% | 67.09% | 64.7% | 65.49% | 65.5% | 63.34% | 64.41% | 67.29% | 71.92% | 76.39% | 70.35% | 71.27% | 68.25% | 68.07% |
| EBITDA Growth % | -369.35% | -29.94% | -152.95% | -25.69% | -26.89% | -26.41% | -9.55% | 32.34% | 7.77% | -2.43% | -9.62% | -22.56% | 18.28% | 57.75% | 101.49% | 99.64% | 95.25% | 136.27% | 94.35% | 121.74% |
| D&A (Non-Cash Add-back) | 21.41M | 23M | 25.62M | 25.95M | 22.35M | 24.55M | 25.66M | 24.7M | 23.53M | 24.56M | 21.79M | 20.6M | 21.09M | 21.25M | 14.32M | 10.75M | 9.78M | 10.66M | 9.31M | 9.28M |
| EBIT | 0 | -2.7M | -28.78M | 38.5M | 20.13M | 21.99M | 53.23M | 38.8M | 17.28M | 70.36M | -1.19M | 31.53M | 43.48M | 26.5M | 86.42M | 46.7M | 10.59M | 27.6M | 17.67M | -12.04M |
| Net Interest Income | 0 | -13.89M | -9.98M | -11.69M | -9.41M | -9.99M | -9.12M | -10.8M | -11.42M | -11.51M | -11.3M | -10.47M | -10.39M | -9.47M | -7.02M | -3.28M | -3.4M | -3.54M | -3.55M | -3.65M |
| Interest Income | 70.53K | 56.91K | 74.25K | 69.66K | 90.06K | 124.77K | 143.7K | 144.93K | 78.54K | 96.98K | 80.43K | 79.75K | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 1 |
| Interest Expense | -8.6M | 13.94M | 10.05M | 11.76M | 9.5M | 10.11M | 9.26M | 10.95M | 11.5M | 11.6M | 11.38M | 10.55M | 10.39M | 9.47M | 7.02M | 3.28M | 3.4M | 3.54M | 3.55M | 3.65M |
| Other Income/Expense | -90.75M | -27.39M | 16.17M | 3.27M | -10.2M | -16.16M | 14.12M | -12.58M | -30.37M | 17.86M | -50.52M | -7.22M | -905.77K | -28.8M | 25.83M | -10.74M | -30.99M | -7.81M | -10.27M | -38.93M |
| Pretax Income | -232.58M | -16.65M | -38.83M | 26.74M | 12.15M | 7.46M | 43.97M | 29.24M | 7.24M | 58.76M | -10.95M | 22.44M | 34.75M | 17.03M | 79.4M | 43.42M | 7.19M | 24.06M | 14.12M | -15.7M |
| Pretax Margin % | - | -24.89% | -49.4% | 32.37% | 15.36% | 8.94% | 49.27% | 29.49% | 7.67% | 58.79% | -11.69% | 28.27% | 39.45% | 17.09% | 84.1% | 51.1% | 10.55% | 40.32% | 28.59% | -32.87% |
| Income Tax | 11.99M | -3.8M | 12.8M | 6.11M | 3.04M | 1.8M | 10.09M | 6.82M | 1.73M | 7.86M | -3.41M | -6.36M | 2.03M | 2.54M | 4.32M | 1.47M | 78.75K | -51.6K | -48.7K | 190.64K |
| Effective Tax Rate % | -5.15% | 22.83% | -32.97% | 22.84% | 25.03% | 24.17% | 22.94% | 23.33% | 23.87% | 13.38% | 31.15% | -28.33% | 5.84% | 14.92% | 5.44% | 3.39% | 1.1% | -0.21% | -0.35% | -1.21% |
| Net Income | -220.59M | -12.85M | -51.63M | 20.63M | 9.11M | 5.66M | 33.88M | 22.42M | 5.52M | 50.9M | -7.54M | 28.79M | 32.72M | 14.49M | 75.09M | 41.94M | 7.11M | 24.11M | 14.16M | -15.89M |
| Net Margin % | - | -19.21% | -65.69% | 24.98% | 11.52% | 6.78% | 37.96% | 22.61% | 5.84% | 50.93% | -8.05% | 36.29% | 37.14% | 14.54% | 79.53% | 49.37% | 10.43% | 40.41% | 28.69% | -33.26% |
| Net Income Growth % | -2521.23% | -327.05% | -252.4% | -7.96% | 65.19% | -88.88% | 549.36% | -22.13% | -83.14% | 251.19% | -110.04% | -31.36% | 360.01% | -39.89% | 430.12% | 364.01% | 137.3% | 115.05% | 822.06% | 88.23% |
| Net Income (Continuing) | -220.59M | -12.85M | -51.63M | 20.63M | 9.11M | 5.66M | 33.88M | 22.42M | 5.52M | 50.9M | -7.54M | 28.79M | 32.72M | 14.49M | 75.09M | 41.94M | 7.11M | 24.11M | 14.16M | -15.89M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.07 | -0.06 | -0.25 | 0.10 | 0.05 | 0.03 | 0.17 | 0.11 | 0.03 | 0.26 | -0.04 | 0.15 | 0.17 | 0.08 | 0.49 | 0.32 | 0.06 | 0.20 | 0.12 | -0.16 |
| EPS Growth % | -2462.03% | -319.86% | -247.06% | -9.36% | 63.54% | -89.15% | 540.41% | -26.67% | -83.71% | 220.59% | -107.88% | -53.13% | 196.17% | -59.45% | 308.33% | 300% | 130.21% | 110.93% | 515.22% | 91.96% |
| EPS (Basic) | -1.07 | -0.06 | -0.25 | 0.10 | 0.05 | 0.03 | 0.17 | 0.11 | 0.03 | 0.26 | -0.04 | 0.15 | 0.18 | 0.09 | 0.49 | 0.32 | 0.06 | 0.24 | 0.14 | -0.16 |
| Diluted Shares Outstanding | 206.98M | 206.98M | 206.98M | 206.98M | 201.07M | 200.28M | 200.72M | 200.43M | 199.31M | 197.85M | 195.36M | 195.87M | 190.14M | 178.74M | 151.75M | 130.6M | 124M | 123.3M | 121.22M | 99.3M |
| Basic Shares Outstanding | 206.52M | 206.52M | 206.52M | 206.52M | 199.31M | 198.17M | 198.18M | 197.98M | 197.39M | 195.69M | 195.36M | 193.08M | 177.98M | 162.74M | 151.75M | 130.6M | 118.53M | 99.79M | 99.36M | 99.3M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |