Sturm Ruger (RGR) Q3 FY2026 earnings: revenue $148 million, up 16.5% on the year

Sturm Ruger & Co. Inc. (RGR) reported revenue of $148 million for Q3 FY2026, the quarter ended 26 September 2026, up 16.5% on the same quarter a year earlier. Net income was $6 million, up 266.9% on the year, and diluted earnings per share $0.36. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$148 million

+16.5% on the year · -6.6% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

4.1%

-2.7% a year earlier

Q4 FY2024Q3 FY2026

Net income

$6 million

+266.9% on the year · -16.8% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.36

+260.0% on the year · -16.3% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 kept.

Sales rose 16.5% year-over-year: Quarterly net sales were $147.6 million, compared with $126.8 million a year earlier.
Adjusted EBITDA up 401.9%: Adjusted EBITDA was $14.3 million, up from $2.9 million in the prior-year quarter. Net income was $5.8 million, up 266.9% year-over-year.
Gross margin rose to 20.7%: Gross margin was 20.7% against 15.1% a year earlier. Management attributed the change to cost control, product mix and operational execution.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	148	158	127	-6.6%	+16.5%
Cost of revenue	117	124	108	-5.8%	+8.8%
Gross profit	30.5	33.7	19.2	-9.5%	+59.3%
Gross margin	20.7%	21.3%	15.1%
Operating income	6.0	7.6	-3.5	-21.6%
Operating margin	4.1%	4.8%	-2.7%
Interest expense	0.1	0.0	0.0	+408.7%	+588.2%
Pre-tax income	7.5	8.9	-2.1	-15.2%
Income tax	1.7	1.9	-3.7	-9.3%
Effective tax rate	23.1%	21.6%	n/a
Net income	5.8	7.0	1.6	-16.8%	+266.9%
Net margin	3.9%	4.4%	1.2%
Diluted EPS	$0.36	$0.43	$0.10	-16.3%	+260.0%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	-11.8	17.3	12.9
Capital expenditure	0.9	3.3	5.9	-72.8%	-84.9%
Free cash flow	-12.7	14.1	7.0
Free cash flow margin	-8.6%	8.9%	5.5%
Cash from investing	8.8	-8.7	-7.6
Cash from financing	-3.4	-1.8	-12.5
Depreciation and amortisation	5.4	6.4	5.6	-15.1%	-2.8%
Share-based compensation	1.1	1.3	1.9	-13.8%	-41.3%
Buybacks	n/a	n/a	10.0
Dividends paid	3.4	1.8	2.6	+91.3%	+31.6%
Dividend per share	$0.21	$0.11	$0.16	+90.9%	+31.2%
Diluted shares, weighted	16m	16m	16m	+0.2%	-0.4%
Shares outstanding at period end	16m	16m	16m	0.0%	0.0%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	293	290	280	+1.2%	+4.9%
Debt	0.0	0.0	0.0
Operating lease liabilities	1.4	1.0	1.3	+42.2%	+13.1%
Other liabilities	87.0	73.5	61.4	+18.4%	+41.6%
Total liabilities and equity	382	364	342	+4.8%	+11.5%
Fixed assets	71.9	76.2	82.9	-5.7%	-13.3%
Goodwill	3.7	3.7	3.7	0.0%	0.0%
Investments	77.2	86.8	64.8	-11.1%	+19.2%
Cash and equivalents	24.2	30.7	16.1	-21.0%	+50.6%
Receivables	102	77.1	59.9	+31.9%	+69.9%
Inventory	41.0	34.3	54.6	+19.5%	-25.0%
Other assets	62.0	55.6	60.4	+11.6%	+2.7%
Total assets	382	364	342	+4.8%	+11.5%

Questions

What was Sturm Ruger's revenue in Q3 FY2026?

Sturm Ruger (RGR) reported revenue of $148 million for Q3 FY2026, the quarter ended 26 September 2026, up 16.5% on the same quarter a year earlier.

How much did Sturm Ruger earn in Q3 FY2026?

Net income for Q3 FY2026 was $6 million, up 266.9% on the year, and diluted earnings per share $0.36.

When did Sturm Ruger report Q3 FY2026 results?

Sturm Ruger filed its 10-Q for the quarter ended 26 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	168	167	141	139	149	149	143	121	131	137	131	122	146	136	132	127	151	141	158	148
Cost of revenue	105	108	97.1	n/a	110	111	105	96.2	98.4	107	102	99.6	113	106	127	108	124	113	124	117
Gross profit	63.4	58.1	43.6	38.9	39.6	38.5	38.1	24.7	32.3	29.4	29.2	22.7	33.2	29.9	5.1	19.2	27.0	28.1	33.7	30.5
Gross margin	38%	35%	31%	28%	27%	26%	27%	20%	25%	21%	22%	19%	23%	22%	4%	15%	18%	20%	21%	21%
Operating income	44.8	38.7	25.2	n/a	19.7	17.0	18.4	6.3	10.3	7.5	9.0	3.7	11.4	8.5	-20.7	-3.5	3.4	-1.9	7.6	6.0
Operating margin	27%	23%	18%	n/a	13%	11%	13%	5%	8%	6%	7%	3%	8%	6%	-16%	-3%	2%	-1%	5%	4%
Interest expense	n/a	0.1	0.0	n/a	0.1	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1
Pre-tax income	45.9	39.5	26.1	n/a	21.7	18.5	20.2	8.1	12.0	9.0	10.5	5.3	13.0	9.7	-19.4	-2.1	4.6	-0.1	8.9	7.5
Tax rate	17%	24%	20%	n/a	13%	22%	20%	8%	15%	22%	21%	10%	19%	20%	n/a	n/a	24%	n/a	22%	23%
Net income	38.1	30.2	20.8	18.4	19.0	14.3	16.2	7.4	10.2	7.1	8.3	4.7	10.5	7.8	-17.2	1.6	3.5	0.1	7.0	5.8
Net margin	23%	18%	15%	13%	13%	10%	11%	6%	8%	5%	6%	4%	7%	6%	-13%	1%	2%	0%	4%	4%
Diluted EPS	$2.14	$1.70	$1.17	$1.03	$1.06	$0.81	$0.91	$0.42	$0.58	$0.40	$0.47	$0.28	$0.62	$0.46	-$1.05	$0.10	$0.21	$0.01	$0.43	$0.36
Operating cash flow	55.3	18.8	13.6	n/a	27.0	5.3	16.5	-4.5	16.6	7.3	18.7	9.4	20.0	11.1	14.7	12.9	15.5	18.8	17.3	-11.8
Capital expenditure	13.2	10.9	3.5	n/a	10.5	1.7	3.2	6.8	4.2	1.8	8.6	6.8	3.6	1.1	5.6	5.9	3.2	4.8	3.3	0.9
Free cash flow	42.2	7.9	10.1	n/a	16.5	3.6	13.3	-11.3	12.4	5.6	10.1	2.6	16.4	10.0	9.1	7.0	12.3	14.0	14.1	-12.7
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	3.2	17.1	9.1	5.1	3.0	13.2	10.0	0.0	n/a	n/a	n/a
Dividends paid	13.9	15.2	12.0	n/a	7.2	95.8	5.7	6.4	3.0	4.1	2.7	3.2	1.8	4.0	2.9	2.6	0.6	1.3	1.8	3.4
Shares outstanding	18m	18m	18m	18m	18m	18m	17m	18m	18m	17m	17m	17m	17m	17m	16m	16m	16m	16m	16m	16m
Filing	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-Q	10-Q	10-K	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 26 September 2026, filed 4 November 2026: the filing.