Filing Flows › Sturm Ruger (RGR) › Q1 2025
Sturm Ruger (RGR) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Sturm Ruger (RGR) reported revenue of $136M for the first quarter 2025 (Q1 2025), -0.8% from a year earlier and -7% from the quarter before. Operating margin was 6.2%, net earnings $7.8M (5.7% of revenue).
Sturm Ruger, Q1 2025: revenue $136M (-0.8% year over year), operating margin 6.2%, net earnings $7.8M, operating cash flow $11.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $136M | -7% | -0.8% |
| Gross profit | $29.9M | -10% | +2% |
| Operating profit | $8.5M | -26% | +12% |
| Net earnings | $7.8M | -26% | +10% |
| Operating cash flow | $11.1M | -44% | +52% |
| Free cash flow | $10.0M | -39% | +80% |
What changed
Revenue was $135.7M in Q1 2025, down 1% year over year and down 7% from the previous quarter. Firearms was the largest line at 100% of revenue. Firearms lost $813K year over year (down 1%), 75% of the total change.
Gross margin was 22.0%, up 0.5 points from a year earlier. Operating profit was $8.5M, a 6.2% margin (up 0.7 points year over year). Operating expenses fell 2% while revenue fell 1%. Net earnings were $7.8M, up 10% year over year. The effective tax rate was 20.3%.
Operating cash flow was $11.1M (up 52% year over year), 143% of net earnings. Non-cash charges added back $5.6M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $3.3M. Capital expenditures of $1.1M left free cash flow of $10.0M.
Questions
What was Sturm Ruger's revenue in the first quarter 2025?
Sturm Ruger (RGR) reported revenue of $136M for the first quarter 2025 (Q1 2025), -0.8% from a year earlier and -7% from the quarter before.
Was Sturm Ruger profitable in the first quarter 2025?
Operating profit was $8.5M (6.2% of revenue) and net earnings $7.8M.
Source: Sturm Ruger 10-Q on SEC EDGAR.