Filing Flows › Sturm Ruger (RGR) › Q2 2025
Sturm Ruger (RGR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Sturm Ruger (RGR) reported revenue of $132M for the second quarter 2025 (Q2 2025), +1% from a year earlier and -2% from the quarter before. Operating margin was -15.6%, net loss $17.2M (13.0% of revenue).
Sturm Ruger, Q2 2025: revenue $132M (+1% year over year), operating margin -15.6%, net loss $17.2M, operating cash flow $14.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $132M | -2% | +1% |
| Operating profit | −$20.7M | -345% | — |
| Net earnings | −$17.2M | -322% | — |
| Operating cash flow | $14.7M | +32% | -21% |
| Free cash flow | $9.1M | -9% | -10% |
What changed
Revenue was $132.5M in Q2 2025, up 1% year over year and down 2% from the previous quarter. Firearms was the largest line at 99% of revenue. Firearms added $1.7M year over year (up 1%), 100% of the total change. Unaffiliated Castings declined 1%.
Gross margin was 3.9%, down 18.4 points from a year earlier. Operating costs exceeded revenue by $20.7M, an operating margin of -15.6%. Operating expenses grew 28% against revenue growth of 1%. The fastest-growing cost line was General & admin (+46%). The quarter ended with a net loss of $17.2M, after a profit of $7.8M the previous quarter.
Operating cash flow was $14.7M (down 21% year over year). Non-cash charges added back $5.6M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $25.1M. Capital expenditures of $5.6M left free cash flow of $9.1M.
Questions
What was Sturm Ruger's revenue in the second quarter 2025?
Sturm Ruger (RGR) reported revenue of $132M for the second quarter 2025 (Q2 2025), +1% from a year earlier and -2% from the quarter before.
Was Sturm Ruger profitable in the second quarter 2025?
Operating loss was $20.7M (-15.6% of revenue) and net loss $17.2M.
Source: Sturm Ruger 10-Q on SEC EDGAR.