RRC Q4 2025 Earnings
Reported Feb 25, 2026 at 11:00 AM ET · SEC Source
Q4 25 EPS
$0.82
BEAT +12.34%
Est. $0.73
Q4 25 Revenue
$820.2M
BEAT +7.60%
Est. $762.2M
vs S&P Since Q4 25
-13.3%
TRAILING MARKET
RRC -7.0% vs S&P +6.4%
Full Year 2025 Results
FY 25 EPS
$3.00
FY 25 Revenue
$3.12B
Market Reaction
Did RRC Beat Earnings? Q4 2025 Results
Range Resources delivered a strong close to 2025, posting fourth-quarter adjusted earnings of $0.82 per share against a consensus estimate of $0.73, a beat of 12.34%, while revenue of $820.16 million topped expectations by 7.60% and climbed 23.00% ye… Read more Range Resources delivered a strong close to 2025, posting fourth-quarter adjusted earnings of $0.82 per share against a consensus estimate of $0.73, a beat of 12.34%, while revenue of $820.16 million topped expectations by 7.60% and climbed 23.00% year over year. The primary engine behind the results was a 34% surge in average natural gas prices to $3.26 per mcf, which combined with a 5% rise in gas-equivalent production to 2.32 Bcfe per day to lift GAAP net income to $179.09 million for the quarter, nearly double the $94.84 million reported a year earlier. The company also announced an 11.1% increase in its quarterly dividend to $0.10 per share, a move that reflects management's confidence in sustained cash generation after reducing net debt by $186.00 million to roughly $1.22 billion in 2025. Looking ahead, Range guided 2026 production of 2.35 to 2.40 Bcfe per day with capital spending of $650 to $700 million, and expects output to grow further to 2.6 Bcfe per day in 2027 at comparable investment levels.
Key Takeaways
- • 34% increase in average natural gas prices to $3.26/mcf pre-hedge
- • 5% increase in gas-equivalent production to 2.32 Bcfe/day
- • NGL realizations of $23.10/barrel, $1.62 premium over Mont Belvieu equivalent
- • Flat total cash unit costs at $1.94/mcfe
- • Strong Marcellus well performance driving 18th consecutive year of positive performance revisions
- • Cash flow from operations before working capital changes of $353 million in Q4
RRC YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
RRC Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our results for 2025 demonstrate the strength of Range's business as we successfully generated free cash flow, returned capital to shareholders and reduced net debt while thoughtfully investing in the business to deliver current results and enhance future optionality. Over the last three years, Range has made prudent strategic investments to build productive capacity that supports the efficient and market-oriented production growth plan we have been communicating since last year. Importantly, Range's incremental production through 2027 is tied to additional contracted takeaway and diverse global and domestic end markets, including a portion being sold at margin-enhancing premiums to support new Midwest power demand.”
— Dennis Degner, Q4 2025 Earnings Press Release
RRC Earnings Trends
RRC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
RRC EPS Trend
Earnings per share: estimate vs actual
RRC Revenue Trend
Quarterly revenue: estimate vs actual
RRC Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.27 | $1.52 | +19.75% | $1.03B | +11.94% |
| Q4 25 BEAT FY | $0.73 | $0.82 | +12.34% | $820.2M | +7.60% |
| FY Full Year | — | $3.00 | — | $3.12B | — |
| Q3 25 MISS | $0.57 | $0.57 | -0.37% | $748.5M | +6.06% |
| Q2 25 MISS | $0.70 | $0.66 | -5.10% | $856.3M | +20.88% |