Filing Flows › Sturm Ruger (RGR) › Q4 2025
Sturm Ruger (RGR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 2, 2026
Sturm Ruger (RGR) reported revenue of $151M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +19% from the quarter before. Operating margin was 2.3%, net earnings $3.5M (2.3% of revenue).
Sturm Ruger, Q4 2025: revenue $151M (+4% year over year), operating margin 2.3%, net earnings $3.5M, operating cash flow $15.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $151M | +19% | +4% |
| Gross profit | $27.0M | +41% | -19% |
| Operating profit | $3.4M | — | -70% |
| Net earnings | $3.5M | +120% | -67% |
| Operating cash flow | $15.5M | +21% | -22% |
| Free cash flow | $12.3M | +76% | -25% |
What changed
Revenue was $151.1M in Q4 2025, up 4% year over year and up 19% from the previous quarter. Net firearms sales was the largest line at 100% of revenue.
Gross margin was 17.8%, down 4.9 points from a year earlier. Operating profit was $3.4M, a 2.3% margin (down 5.6 points year over year). Operating profit fell $8.0M even though revenue rose $5.3M versus a year earlier, so costs grew faster than sales. Operating expenses grew 8% against revenue growth of 4%. The fastest-growing cost line was General & admin (+17%). Net earnings were $3.5M, down 67% year over year. The effective tax rate was 24.1%. Non-operating items added $1.2M, 25% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $15.5M (down 22% year over year), 446% of net earnings. Non-cash charges added back $6.2M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $4.6M. Capital expenditures of $3.2M left free cash flow of $12.3M.
Questions
What was Sturm Ruger's revenue in the fourth quarter 2025?
Sturm Ruger (RGR) reported revenue of $151M for the fourth quarter 2025 (Q4 2025), +4% from a year earlier and +19% from the quarter before.
Was Sturm Ruger profitable in the fourth quarter 2025?
Operating profit was $3.4M (2.3% of revenue) and net earnings $3.5M.
Source: Sturm Ruger 10-K on SEC EDGAR.