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 March 31,
	2026		2025
Income (numerator):
Basic:
Income attributable to Ranger Energy Services, Inc.	$	3.0	$	0.6
Net income attributable to Class A Common Stock	$	3.0	$	0.6

Diluted:
Income attributable to Ranger Energy Services, Inc.	$	3.0	$	0.6
Net income attributable to Class A Common Stock	$	3.0	$	0.6

Weighted average shares (denominator):
Weighted average number of shares - basic	23,604,415		22,308,855
Effect of share-based awards	432,606		802,612
Weighted average number of shares - diluted	24,037,021		23,111,467

Basic income per share	$	0.13	$	0.03
Diluted income per share	$	0.12	$	0.03