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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and STAG Industrial, Inc. (STAG). Click either name above to swap in a different company.
APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($351.4M vs $224.2M, roughly 1.6× STAG Industrial, Inc.). STAG Industrial, Inc. runs the higher net margin — 27.6% vs 4.7%, a 22.9% gap on every dollar of revenue. On growth, STAG Industrial, Inc. posted the faster year-over-year revenue change (9.1% vs 1.6%). Over the past eight quarters, STAG Industrial, Inc.'s revenue compounded faster (8.7% CAGR vs 2.9%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
Stag Arms is a firearms manufacturer founded in May 2003 and located in Cheyenne, Wyoming. Stag Arms is a manufacturer of the AR-15 type rifle, marketed as Stag-15 rifles. Stag advertises that all their weapons and accessories are made in the United States. They are best known for their left-handed AR-15 rifles, which use a mirror imaged upper receiver and have the ejection port reversed for left-handed shooters and the safety selector control on the right side of the lower receiver.
APOG vs STAG — Head-to-Head
Income Statement — Q4 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $351.4M | $224.2M |
| Net Profit | $16.6M | $62.0M |
| Gross Margin | 22.4% | — |
| Operating Margin | 7.3% | — |
| Net Margin | 4.7% | 27.6% |
| Revenue YoY | 1.6% | 9.1% |
| Net Profit YoY | 568.8% | — |
| EPS (diluted) | $0.78 | $0.32 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $351.4M | $224.2M | ||
| Q4 25 | $348.6M | $220.9M | ||
| Q3 25 | $358.2M | $211.1M | ||
| Q2 25 | $346.6M | $207.6M | ||
| Q1 25 | $345.7M | $205.6M | ||
| Q4 24 | $341.3M | $199.3M | ||
| Q3 24 | $342.4M | $190.7M | ||
| Q2 24 | $331.5M | $189.8M |
| Q1 26 | $16.6M | $62.0M | ||
| Q4 25 | $16.5M | $83.5M | ||
| Q3 25 | $23.6M | $48.6M | ||
| Q2 25 | $-2.7M | $50.0M | ||
| Q1 25 | $2.5M | $91.4M | ||
| Q4 24 | $21.0M | $51.0M | ||
| Q3 24 | $30.6M | $41.9M | ||
| Q2 24 | $31.0M | $59.8M |
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | — | ||
| Q3 25 | 23.1% | — | ||
| Q2 25 | 21.7% | — | ||
| Q1 25 | 21.6% | — | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 28.4% | — | ||
| Q2 24 | 29.8% | — |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | — | ||
| Q3 25 | 7.5% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 12.5% | — |
| Q1 26 | 4.7% | 27.6% | ||
| Q4 25 | 4.7% | 37.8% | ||
| Q3 25 | 6.6% | 23.0% | ||
| Q2 25 | -0.8% | 24.1% | ||
| Q1 25 | 0.7% | 44.5% | ||
| Q4 24 | 6.1% | 25.6% | ||
| Q3 24 | 8.9% | 21.9% | ||
| Q2 24 | 9.4% | 31.5% |
| Q1 26 | $0.78 | $0.32 | ||
| Q4 25 | $0.77 | — | ||
| Q3 25 | $1.10 | — | ||
| Q2 25 | $-0.13 | — | ||
| Q1 25 | $0.12 | — | ||
| Q4 24 | $0.96 | — | ||
| Q3 24 | $1.40 | — | ||
| Q2 24 | $1.41 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $39.5M | $8.9M |
| Total DebtLower is stronger | $232.3M | — |
| Stockholders' EquityBook value | $511.8M | $3.6B |
| Total Assets | $1.1B | $7.2B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.5M | $8.9M | ||
| Q4 25 | $41.3M | $14.9M | ||
| Q3 25 | $39.5M | $17.3M | ||
| Q2 25 | $32.8M | $15.4M | ||
| Q1 25 | $41.4M | $9.3M | ||
| Q4 24 | $43.9M | $36.3M | ||
| Q3 24 | $51.0M | $70.0M | ||
| Q2 24 | $30.4M | $33.3M |
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | $285.0M | $3.0B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.8B |
| Q1 26 | $511.8M | $3.6B | ||
| Q4 25 | $512.3M | $3.6B | ||
| Q3 25 | $500.2M | $3.4B | ||
| Q2 25 | $481.8M | $3.4B | ||
| Q1 25 | $487.9M | $3.5B | ||
| Q4 24 | $522.1M | $3.5B | ||
| Q3 24 | $506.4M | $3.3B | ||
| Q2 24 | $480.0M | $3.3B |
| Q1 26 | $1.1B | $7.2B | ||
| Q4 25 | $1.1B | $7.2B | ||
| Q3 25 | $1.2B | $6.9B | ||
| Q2 25 | $1.2B | $6.8B | ||
| Q1 25 | $1.2B | $6.8B | ||
| Q4 24 | $1.2B | $6.8B | ||
| Q3 24 | $917.1M | $6.6B | ||
| Q2 24 | $889.0M | $6.4B |
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 0.91× | ||
| Q3 25 | — | 0.91× | ||
| Q2 25 | — | 0.88× | ||
| Q1 25 | 0.58× | 0.87× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 0.89× | ||
| Q2 24 | — | 0.84× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $122.5M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 7.8% | 3.9% |
| Cash ConversionOCF / Net Profit | 7.37× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $104.5M | ||
| Q3 25 | $57.1M | $143.5M | ||
| Q2 25 | $-19.8M | $111.9M | ||
| Q1 25 | $30.0M | $103.5M | ||
| Q4 24 | $31.0M | $104.9M | ||
| Q3 24 | $58.7M | $128.0M | ||
| Q2 24 | $5.5M | $122.2M |
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $43.8M | ||
| Q3 25 | $52.4M | $95.5M | ||
| Q2 25 | $-26.9M | $62.3M | ||
| Q1 25 | $19.1M | $57.2M | ||
| Q4 24 | $22.0M | $37.6M | ||
| Q3 24 | $50.2M | $86.7M | ||
| Q2 24 | $-1.8M | $105.0M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 19.8% | ||
| Q3 25 | 14.6% | 45.2% | ||
| Q2 25 | -7.8% | 30.0% | ||
| Q1 25 | 5.5% | 27.8% | ||
| Q4 24 | 6.4% | 18.8% | ||
| Q3 24 | 14.7% | 45.5% | ||
| Q2 24 | -0.5% | 55.3% |
| Q1 26 | 7.8% | 3.9% | ||
| Q4 25 | 1.9% | 27.4% | ||
| Q3 25 | 1.3% | 22.7% | ||
| Q2 25 | 2.1% | 23.9% | ||
| Q1 25 | 3.2% | 22.5% | ||
| Q4 24 | 2.6% | 33.8% | ||
| Q3 24 | 2.5% | 21.6% | ||
| Q2 24 | 2.2% | 9.1% |
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 1.25× | ||
| Q3 25 | 2.41× | 2.95× | ||
| Q2 25 | — | 2.24× | ||
| Q1 25 | 12.08× | 1.13× | ||
| Q4 24 | 1.48× | 2.06× | ||
| Q3 24 | 1.92× | 3.06× | ||
| Q2 24 | 0.18× | 2.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
STAG
Segment breakdown not available.
