EarningsQ2 2026 Earnings Report
DE:ST2 Q2 2026 EPS Results
Actual EPS€0.46
Consensus EPS€0.37
Beat/MissBeat by +€0.09
One Year Ago EPS€0.37
DE:ST2 Q2 2026 Revenue Results
Actual Revenue€141.02M
Expected Revenue€114.68M
Beat/MissBeat by +€26.34M
YoY Revenue Growth+19.30%
Earnings Announcement Details
QuarterQ2 2026
Date07/29/2026
TimeAfter Close
Conference CallWednesday, July 29, 2026
DE:ST2 Upcoming Earnings
Sturm Ruger & Company's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:ST2 Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong financial and operational progress: double-digit revenue growth, improved margins, a clear earnings turnaround, robust cash generation, solid liquidity, and the formal rollout of the Ruger Business System to drive consistency. Headwinds were operational (backorders, prior production disruptions), short-term delays to some product launches, and ongoing portfolio rationalization. Overall the positives—particularly revenue growth, margin expansion, cash flow improvement, and improved manufacturing execution—outweigh the lowlights.Company Guidance
Strong Revenue Growth
Net sales of $158 million in Q2, a 19% increase year-over-year; year-to-date net sales of $299 million, up 12% versus prior year.
Profitability Improvement and Earnings Turnaround
Diluted GAAP earnings of $0.43 per share in Q2 versus a diluted loss of $1.05 in prior-year quarter; adjusted diluted earnings rose to $0.52 per share from $0.41 last year (approximately +26.8%). Adjusted EBITDA margin expanded to 10.5%.
Cash Generation and Capital Returns
Quarterly cash generated from operations exceeded $17 million; year-to-date cash from operations totaled $36 million, up 39% year-over-year. Board declared a $0.21 per share dividend for Q2 and returned $3 million in dividends year-to-date.
Liquidity and Balance Sheet Strength
Cash and short-term investments of $118 million as of June 27, 2026, current ratio of 3.3:1, and no debt, providing strong liquidity and flexibility.
New Products and Product Mix
Sales of new products totaled $81 million for the first six months, representing 29% of firearm sales, contributing to higher average selling prices and favorable product mix/premiumization.
Operational Progress and Ruger Business System
Improved manufacturing execution, increased throughput, disciplined rebuilding of finished-goods inventory, and formal establishment of the Ruger Business System to standardize continuous improvement and operational consistency. This marks the 5th consecutive quarter of both sequential and year-over-year sales growth.
Channel Demand Indicators
Estimated distributor sell-through increased 19% year-over-year, significantly outpacing an approximately 5% increase in adjusted NICS over the same period, indicating consumer-driven demand rather than channel stuffing.
CapEx Plan and Investments
Year-to-date capital expenditures of $8 million with a guidance of approximately $30 million for the full year focused on capacity, flexibility (mini cell pilots), and efficiency improvements.
DE:ST2 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed