Note 15 — Earnings per Share Earnings per share is based on the amount of earnings allocated to the stockholders and the weighted average number of shares outstanding during the period for each class of Common Stock. Diluted earnings per share is computed giving effect to all potentially dilutive shares. The following table presents the Company’s calculation of the basic and diluted earnings per share (in millions, except share and per share data): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Income (numerator): | | | | | | | | | | Basic: | | | | | | | | | | Income attributable to Ranger Energy Services, Inc. | | $ | 6.9 | | | $ | 7.3 | | | $ | 9.9 | | | $ | 7.9 | | | Net income attributable to Class A Common Stock | | $ | 6.9 | | | $ | 7.3 | | | $ | 9.9 | | | $ | 7.9 | | | | | | | | | | | | Diluted: | | | | | | | | | | Income attributable to Ranger Energy Services, Inc. | | $ | 6.9 | | | $ | 7.3 | | | $ | 9.9 | | | $ | 7.9 | | | Net income attributable to Class A Common Stock | | $ | 6.9 | | | $ | 7.3 | | | $ | 9.9 | | | $ | 7.9 | | | | | | | | | | | | Weighted average shares (denominator): | | | | | | | | | | Weighted average number of shares - basic | | 23,694,601 | | | 22,457,455 | | | 23,649,757 | | | 22,384,737 | | | Effect of share-based awards | | 300,613 | | | 215,914 | | | 333,435 | | | 329,995 | | | Weighted average number of shares - diluted | | 23,995,214 | | | 22,673,369 | | | 23,983,192 | | | 22,714,732 | | | | | | | | | | | | Basic income per share | | $ | 0.29 | | | $ | 0.33 | | | $ | 0.42 | | | $ | 0.35 | | | Diluted income per share | | $ | 0.29 | | | $ | 0.32 | | | $ | 0.41 | | | $ | 0.35 | |
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