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Side-by-side financial comparison of Braze, Inc. (BRZE) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.
Braze, Inc. is the larger business by last-quarter revenue ($190.8M vs $151.1M, roughly 1.3× STURM RUGER & CO INC). On growth, Braze, Inc. posted the faster year-over-year revenue change (25.5% vs 3.6%). Braze, Inc. produced more free cash flow last quarter ($19.0M vs $12.3M). Over the past eight quarters, Braze, Inc.'s revenue compounded faster (20.7% CAGR vs 5.1%).
Braze, Inc. is an American cloud-based software company based in New York City. It is a customer engagement platform used by businesses for multichannel marketing.
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.
BRZE vs RGR — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $190.8M | $151.1M |
| Net Profit | $-36.0M | — |
| Gross Margin | 67.2% | 17.8% |
| Operating Margin | -19.7% | 2.3% |
| Net Margin | -18.9% | — |
| Revenue YoY | 25.5% | 3.6% |
| Net Profit YoY | -29.0% | — |
| EPS (diluted) | $-0.33 | $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 | $190.8M | $151.1M | ||
| Q3 25 | $180.1M | $126.8M | ||
| Q2 25 | $162.1M | $132.5M | ||
| Q1 25 | $160.4M | $135.7M | ||
| Q4 24 | $152.1M | $145.8M | ||
| Q3 24 | $145.5M | $122.3M | ||
| Q2 24 | $135.5M | $130.8M | ||
| Q1 24 | $131.0M | $136.8M |
| Q4 25 | $-36.0M | — | ||
| Q3 25 | $-27.9M | $1.6M | ||
| Q2 25 | $-35.8M | $-17.2M | ||
| Q1 25 | $-17.2M | $7.8M | ||
| Q4 24 | $-27.9M | — | ||
| Q3 24 | $-23.0M | $4.7M | ||
| Q2 24 | $-35.6M | $8.3M | ||
| Q1 24 | $-28.3M | $7.1M |
| Q4 25 | 67.2% | 17.8% | ||
| Q3 25 | 67.7% | 15.1% | ||
| Q2 25 | 68.6% | 3.9% | ||
| Q1 25 | 69.3% | 22.0% | ||
| Q4 24 | 69.8% | 22.8% | ||
| Q3 24 | 70.2% | 18.5% | ||
| Q2 24 | 67.1% | 22.3% | ||
| Q1 24 | 67.2% | 21.5% |
| Q4 25 | -19.7% | 2.3% | ||
| Q3 25 | -21.5% | -2.7% | ||
| Q2 25 | -24.8% | -15.6% | ||
| Q1 25 | -13.4% | 6.2% | ||
| Q4 24 | -21.4% | 7.8% | ||
| Q3 24 | -19.2% | 3.1% | ||
| Q2 24 | -29.6% | 6.9% | ||
| Q1 24 | -24.7% | 5.5% |
| Q4 25 | -18.9% | — | ||
| Q3 25 | -15.5% | 1.2% | ||
| Q2 25 | -22.1% | -13.0% | ||
| Q1 25 | -10.7% | 5.7% | ||
| Q4 24 | -18.4% | — | ||
| Q3 24 | -15.8% | 3.9% | ||
| Q2 24 | -26.3% | 6.3% | ||
| Q1 24 | -21.6% | 5.2% |
| Q4 25 | $-0.33 | $0.22 | ||
| Q3 25 | $-0.26 | $0.10 | ||
| Q2 25 | $-0.34 | $-1.05 | ||
| Q1 25 | $-0.17 | $0.46 | ||
| Q4 24 | $-0.27 | $0.62 | ||
| Q3 24 | $-0.23 | $0.28 | ||
| Q2 24 | $-0.35 | $0.47 | ||
| Q1 24 | $-0.28 | $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 | $97.8M | $92.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $602.0M | $283.8M |
| Total Assets | $1.0B | $342.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $97.8M | $92.5M | ||
| Q3 25 | $81.0M | $80.8M | ||
| Q2 25 | $231.5M | $101.4M | ||
| Q1 25 | $83.1M | $108.3M | ||
| Q4 24 | $61.3M | $105.5M | ||
| Q3 24 | $79.1M | $96.0M | ||
| Q2 24 | $74.8M | $105.6M | ||
| Q1 24 | $68.2M | $115.3M |
| Q4 25 | $602.0M | $283.8M | ||
| Q3 25 | $598.9M | $279.6M | ||
| Q2 25 | $474.4M | $289.3M | ||
| Q1 25 | $474.9M | $321.5M | ||
| Q4 24 | $458.1M | $319.6M | ||
| Q3 24 | $453.7M | $314.9M | ||
| Q2 24 | $436.1M | $321.5M | ||
| Q1 24 | $444.2M | $332.0M |
| Q4 25 | $1.0B | $342.0M | ||
| Q3 25 | $1.0B | $342.3M | ||
| Q2 25 | $889.1M | $349.5M | ||
| Q1 25 | $871.0M | $379.0M | ||
| Q4 24 | $842.0M | $384.0M | ||
| Q3 24 | $825.6M | $373.5M | ||
| Q2 24 | $816.1M | $376.7M | ||
| Q1 24 | $810.9M | $385.0M |
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 | $21.0M | $15.5M |
| Free Cash FlowOCF − Capex | $19.0M | $12.3M |
| FCF MarginFCF / Revenue | 10.0% | 8.2% |
| Capex IntensityCapex / Revenue | 1.0% | 2.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $63.3M | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.0M | $15.5M | ||
| Q3 25 | $7.0M | $12.9M | ||
| Q2 25 | $24.1M | $14.7M | ||
| Q1 25 | $17.1M | $11.1M | ||
| Q4 24 | $-11.4M | $20.0M | ||
| Q3 24 | $11.6M | $9.4M | ||
| Q2 24 | $19.4M | $18.7M | ||
| Q1 24 | $3.8M | $7.3M |
| Q4 25 | $19.0M | $12.3M | ||
| Q3 25 | $4.3M | $7.0M | ||
| Q2 25 | $23.9M | $9.1M | ||
| Q1 25 | $16.0M | $10.0M | ||
| Q4 24 | $-13.3M | $16.4M | ||
| Q3 24 | $8.3M | $2.6M | ||
| Q2 24 | $12.5M | $10.1M | ||
| Q1 24 | $-2.5M | $5.6M |
| Q4 25 | 10.0% | 8.2% | ||
| Q3 25 | 2.4% | 5.5% | ||
| Q2 25 | 14.8% | 6.9% | ||
| Q1 25 | 10.0% | 7.4% | ||
| Q4 24 | -8.8% | 11.2% | ||
| Q3 24 | 5.7% | 2.1% | ||
| Q2 24 | 9.2% | 7.7% | ||
| Q1 24 | -1.9% | 4.1% |
| Q4 25 | 1.0% | 2.1% | ||
| Q3 25 | 1.4% | 4.6% | ||
| Q2 25 | 0.1% | 4.2% | ||
| Q1 25 | 0.7% | 0.8% | ||
| Q4 24 | 1.3% | 2.5% | ||
| Q3 24 | 2.3% | 5.5% | ||
| Q2 24 | 5.1% | 6.6% | ||
| Q1 24 | 4.8% | 1.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | 8.15× | ||
| Q2 25 | — | — | ||
| 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
BRZE
| Subscription Revenue | $181.7M | 95% |
| Professional Services Revenue | $9.2M | 5% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
