10-Q · July 29, 2026
Ruger delivered a substantial Q2 recovery: revenue increased 19.3% year over year to $158.1 million, gross margin rose 17.4 percentage points to 21.3%, and diluted EPS recovered to $0.41 from a $1.05 loss. Sequentially,…
Earnings analysis · 10-Q
RGR earnings analysis
Filed November 4, 2026 · Our reading of the company's report
The latest report
The provided 10-Q excerpt does not include the income statement, segment data, balance sheet, or cash-flow statement, so current-quarter revenue, margins, EPS, free cash flow, and year-over-year trends cannot be…
Read full summary
The provided 10-Q excerpt does not include the income statement, segment data, balance sheet, or cash-flow statement, so current-quarter revenue, margins, EPS, free cash flow, and year-over-year trends cannot be determined. No quantitative financial guidance was provided. Controls were reported effective, approximately $14.3 million remained under the repurchase authorization, and the company disclosed 1 newly instituted lawsuit while noting no material changes to its risk factors.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Controls remained effective
The company reported that its disclosure controls and procedures were effective as of September 26, 2026, and that there were no material changes in internal control over financial reporting during the quarter.
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Repurchase capacity remains
The company had approximately $14.3 million remaining under its $100 million share-repurchase authorization as of September 26, 2026, although it purchased 0 shares during the quarter.
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Previously reported case dismissed
Fortenberry v. Sturm, Ruger & Company was dismissed pursuant to an approved settlement order during the quarter.
What to watch
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New litigation during quarter
The company disclosed 1 lawsuit formally instituted during the three months ended September 26, 2026, indicating continuing litigation exposure despite the dismissal of the Fortenberry case.
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Controls cannot ensure detection
Management cautioned that internal controls provide reasonable, rather than absolute, assurance and may not detect all errors or fraud.
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Limited remaining buyback authorization
The company had used $85.7 million of its $100 million repurchase authorization, leaving approximately $14.3 million available; therefore, the remaining capital-return authorization is limited relative to the total program.
Management's outlook
The provided 10-Q text contains no quantitative revenue or EPS outlook and does not state that prior guidance was raised, maintained, lowered, or withdrawn.
Earlier filings 4
10-Q · May 6, 2026
Sturm, Ruger & Company, Inc. posted Q1 2026 results with revenue of $141.4 million, up 4.1% year-over-year, but reported a steep drop in diluted EPS to $0.10, down 98.7% from $7.8 million in the previous year.…
10-K · March 2, 2026
Sturm, Ruger reported firearms net sales of $543.5 million in 2025, up from $532.6 million in 2024, with rifles ($338.2 million) and pistols ($141.9 million) driving the increase while revolver sales fell to $39.2…
10-K · February 19, 2025
Sturm, Ruger & Company is a U.S.-centric firearms manufacturer whose 2024 net sales were approximately $536.6 million (firearms $533.6 million; castings $3.0 million). The company relies on three core product categories…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.