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Side-by-side financial comparison of BLACKBERRY Ltd (BB) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.
STURM RUGER & CO INC is the larger business by last-quarter revenue ($151.1M vs $141.8M, roughly 1.1× BLACKBERRY Ltd). On growth, STURM RUGER & CO INC posted the faster year-over-year revenue change (3.6% vs -0.8%). BLACKBERRY Ltd produced more free cash flow last quarter ($17.4M vs $12.3M). Over the past eight quarters, BLACKBERRY Ltd's revenue compounded faster (17.8% CAGR vs 5.1%).
BlackBerry Limited, formerly Research In Motion (RIM), is a Canadian software company specializing in secure communications and the Internet of Things (IoT). Founded in 1984, it developed the BlackBerry brand of two-way pagers, smartphones, and tablets. The company later transitioned to providing software and services and holds critical software application patents.
Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.
BB vs RGR — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $141.8M | $151.1M |
| Net Profit | $13.7M | — |
| Gross Margin | 77.5% | 17.8% |
| Operating Margin | 8.4% | 2.3% |
| Net Margin | 9.7% | — |
| Revenue YoY | -0.8% | 3.6% |
| Net Profit YoY | 224.5% | — |
| EPS (diluted) | $0.02 | $0.22 |
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.
| Q4 25 | $141.8M | $151.1M | ||
| Q3 25 | $129.6M | $126.8M | ||
| Q2 25 | $121.7M | $132.5M | ||
| Q1 25 | $141.7M | $135.7M | ||
| Q4 24 | $143.6M | $145.8M | ||
| Q3 24 | $126.2M | $122.3M | ||
| Q2 24 | $123.4M | $130.8M | ||
| Q1 24 | $102.1M | $136.8M |
| Q4 25 | $13.7M | — | ||
| Q3 25 | $13.3M | $1.6M | ||
| Q2 25 | $1.9M | $-17.2M | ||
| Q1 25 | $-7.4M | $7.8M | ||
| Q4 24 | $-10.5M | — | ||
| Q3 24 | $-19.7M | $4.7M | ||
| Q2 24 | $-41.4M | $8.3M | ||
| Q1 24 | $-56.2M | $7.1M |
| Q4 25 | 77.5% | 17.8% | ||
| Q3 25 | 74.5% | 15.1% | ||
| Q2 25 | 74.2% | 3.9% | ||
| Q1 25 | 73.5% | 22.0% | ||
| Q4 24 | 78.1% | 22.8% | ||
| Q3 24 | 70.2% | 18.5% | ||
| Q2 24 | 72.9% | 22.3% | ||
| Q1 24 | — | 21.5% |
| Q4 25 | 8.4% | 2.3% | ||
| Q3 25 | 8.9% | -2.7% | ||
| Q2 25 | 1.6% | -15.6% | ||
| Q1 25 | -5.6% | 6.2% | ||
| Q4 24 | 13.6% | 7.8% | ||
| Q3 24 | 1.7% | 3.1% | ||
| Q2 24 | -10.5% | 6.9% | ||
| Q1 24 | 50.0% | 5.5% |
| Q4 25 | 9.7% | — | ||
| Q3 25 | 10.3% | 1.2% | ||
| Q2 25 | 1.6% | -13.0% | ||
| Q1 25 | -5.2% | 5.7% | ||
| Q4 24 | -7.3% | — | ||
| Q3 24 | -15.6% | 3.9% | ||
| Q2 24 | -33.5% | 6.3% | ||
| Q1 24 | -55.0% | 5.2% |
| Q4 25 | $0.02 | $0.22 | ||
| Q3 25 | $0.02 | $0.10 | ||
| Q2 25 | $0.00 | $-1.05 | ||
| Q1 25 | $-0.01 | $0.46 | ||
| Q4 24 | $-0.02 | $0.62 | ||
| Q3 24 | $-0.03 | $0.28 | ||
| Q2 24 | $-0.07 | $0.47 | ||
| Q1 24 | $-0.08 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $304.2M | $92.5M |
| Total DebtLower is stronger | $196.2M | — |
| Stockholders' EquityBook value | $741.1M | $283.8M |
| Total Assets | $1.2B | $342.0M |
| Debt / EquityLower = less leverage | 0.26× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $304.2M | $92.5M | ||
| Q3 25 | $290.5M | $80.8M | ||
| Q2 25 | $306.6M | $101.4M | ||
| Q1 25 | $337.8M | $108.3M | ||
| Q4 24 | $220.0M | $105.5M | ||
| Q3 24 | $211.0M | $96.0M | ||
| Q2 24 | $229.0M | $105.6M | ||
| Q1 24 | $237.1M | $115.3M |
| Q4 25 | $196.2M | — | ||
| Q3 25 | $195.9M | — | ||
| Q2 25 | $195.6M | — | ||
| Q1 25 | $195.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $194.1M | — |
| Q4 25 | $741.1M | $283.8M | ||
| Q3 25 | $725.1M | $279.6M | ||
| Q2 25 | $725.1M | $289.3M | ||
| Q1 25 | $719.9M | $321.5M | ||
| Q4 24 | $725.2M | $319.6M | ||
| Q3 24 | $732.1M | $314.9M | ||
| Q2 24 | $742.6M | $321.5M | ||
| Q1 24 | $775.1M | $332.0M |
| Q4 25 | $1.2B | $342.0M | ||
| Q3 25 | $1.2B | $342.3M | ||
| Q2 25 | $1.2B | $349.5M | ||
| Q1 25 | $1.3B | $379.0M | ||
| Q4 24 | $1.3B | $384.0M | ||
| Q3 24 | $1.3B | $373.5M | ||
| Q2 24 | $1.3B | $376.7M | ||
| Q1 24 | $1.4B | $385.0M |
| Q4 25 | 0.26× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.25× | — |
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 | $18.3M | $15.5M |
| Free Cash FlowOCF − Capex | $17.4M | $12.3M |
| FCF MarginFCF / Revenue | 12.3% | 8.2% |
| Capex IntensityCapex / Revenue | 0.6% | 2.1% |
| Cash ConversionOCF / Net Profit | 1.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $42.8M | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.3M | $15.5M | ||
| Q3 25 | $3.9M | $12.9M | ||
| Q2 25 | $-18.0M | $14.7M | ||
| Q1 25 | $41.6M | $11.1M | ||
| Q4 24 | $6.0M | $20.0M | ||
| Q3 24 | $-16.0M | $9.4M | ||
| Q2 24 | $-15.1M | $18.7M | ||
| Q1 24 | $-15.5M | $7.3M |
| Q4 25 | $17.4M | $12.3M | ||
| Q3 25 | $3.1M | $7.0M | ||
| Q2 25 | $-18.9M | $9.1M | ||
| Q1 25 | $41.2M | $10.0M | ||
| Q4 24 | $5.2M | $16.4M | ||
| Q3 24 | $-16.5M | $2.6M | ||
| Q2 24 | $-16.5M | $10.1M | ||
| Q1 24 | $-17.6M | $5.6M |
| Q4 25 | 12.3% | 8.2% | ||
| Q3 25 | 2.4% | 5.5% | ||
| Q2 25 | -15.5% | 6.9% | ||
| Q1 25 | 29.1% | 7.4% | ||
| Q4 24 | 3.6% | 11.2% | ||
| Q3 24 | -13.1% | 2.1% | ||
| Q2 24 | -13.4% | 7.7% | ||
| Q1 24 | -17.2% | 4.1% |
| Q4 25 | 0.6% | 2.1% | ||
| Q3 25 | 0.6% | 4.6% | ||
| Q2 25 | 0.7% | 4.2% | ||
| Q1 25 | 0.3% | 0.8% | ||
| Q4 24 | 0.6% | 2.5% | ||
| Q3 24 | 0.4% | 5.5% | ||
| Q2 24 | 1.1% | 6.6% | ||
| Q1 24 | 2.1% | 1.3% |
| Q4 25 | 1.34× | — | ||
| Q3 25 | 0.29× | 8.15× | ||
| Q2 25 | -9.47× | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | — | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BB
| QNX | $68.7M | 48% |
| Secure Communication | $67.0M | 47% |
| Licensing | $6.1M | 4% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
