Filing Flows › Sturm Ruger (RGR) › Q1 2026
Sturm Ruger (RGR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Sturm Ruger (RGR) reported revenue of $141M for the first quarter 2026 (Q1 2026), +4% from a year earlier and -6% from the quarter before. Operating margin was -1.4%, net earnings $128K (0.1% of revenue).
Sturm Ruger, Q1 2026: revenue $141M (+4% year over year), operating margin -1.4%, net earnings $128K, operating cash flow $18.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $141M | -6% | +4% |
| Operating profit | −$1.9M | -157% | -123% |
| Net earnings | $128K | -96% | -98% |
| Operating cash flow | $18.8M | +21% | +68% |
| Free cash flow | $14.0M | +13% | +39% |
What changed
Revenue was $141.4M in Q1 2026, up 4% year over year and down 6% from the previous quarter. Net firearms sales was the largest line at 100% of revenue. Net firearms sales added $5.7M year over year (up 4%), 101% of the total change. Net castings sales declined 15%.
Gross margin was 19.9%, down 2.2 points from Q1 2025. Operating costs exceeded revenue by $1.9M, an operating margin of -1.4%. Operating expenses grew 40% against revenue growth of 4%. The fastest-growing cost line was General & admin (+72%). Net earnings were $128K, down 98% year over year. Non-operating items added $1.9M, -2534% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $18.8M (up 68% year over year), 14648% of net earnings. Non-cash charges added back $6.0M of depreciation and amortization and $737K of share-based compensation. Working capital and other items added $11.9M. Capital expenditures of $4.8M left free cash flow of $14.0M.
Questions
What was Sturm Ruger's revenue in the first quarter 2026?
Sturm Ruger (RGR) reported revenue of $141M for the first quarter 2026 (Q1 2026), +4% from a year earlier and -6% from the quarter before.
Was Sturm Ruger profitable in the first quarter 2026?
Operating loss was $1.9M (-1.4% of revenue) and net earnings $128K.
Source: Sturm Ruger 10-Q on SEC EDGAR.