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Side-by-side financial comparison of Commerce.com, Inc. (CMRC) 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 $89.5M, roughly 1.7× Commerce.com, Inc.). On growth, STURM RUGER & CO INC posted the faster year-over-year revenue change (3.6% vs 2.9%). STURM RUGER & CO INC produced more free cash flow last quarter ($12.3M vs $-2.2M). Over the past eight quarters, Commerce.com, Inc.'s revenue compounded faster (5.5% CAGR vs 5.1%).
SPS Commerce, Inc. is a technology and application software company based in the United States that provides cloud-based supply chain management software. The company's headquarters are located in Minneapolis, Minnesota, but it also has a US office in New Jersey, and international locations in Amsterdam, Beijing, Breukelen, Hong Kong, Kyiv, Melbourne, Montpellier, Sydney, and Toronto.
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.
CMRC vs RGR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $89.5M | $151.1M |
| Net Profit | $-8.4M | — |
| Gross Margin | 78.3% | 17.8% |
| Operating Margin | -7.4% | 2.3% |
| Net Margin | -9.3% | — |
| Revenue YoY | 2.9% | 3.6% |
| Net Profit YoY | -250.0% | — |
| EPS (diluted) | $-0.11 | $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 | $89.5M | $151.1M | ||
| Q3 25 | $86.0M | $126.8M | ||
| Q2 25 | $84.4M | $132.5M | ||
| Q1 25 | $82.4M | $135.7M | ||
| Q4 24 | $87.0M | $145.8M | ||
| Q3 24 | $83.7M | $122.3M | ||
| Q2 24 | $81.8M | $130.8M | ||
| Q1 24 | $80.4M | $136.8M |
| Q4 25 | $-8.4M | — | ||
| Q3 25 | $-2.2M | $1.6M | ||
| Q2 25 | $-8.4M | $-17.2M | ||
| Q1 25 | $-353.0K | $7.8M | ||
| Q4 24 | $-2.4M | — | ||
| Q3 24 | $-7.0M | $4.7M | ||
| Q2 24 | $-11.3M | $8.3M | ||
| Q1 24 | $-6.4M | $7.1M |
| Q4 25 | 78.3% | 17.8% | ||
| Q3 25 | 78.4% | 15.1% | ||
| Q2 25 | 79.0% | 3.9% | ||
| Q1 25 | 79.4% | 22.0% | ||
| Q4 24 | 77.6% | 22.8% | ||
| Q3 24 | 76.3% | 18.5% | ||
| Q2 24 | 75.8% | 22.3% | ||
| Q1 24 | 77.1% | 21.5% |
| Q4 25 | -7.4% | 2.3% | ||
| Q3 25 | -0.5% | -2.7% | ||
| Q2 25 | -8.0% | -15.6% | ||
| Q1 25 | -2.9% | 6.2% | ||
| Q4 24 | -0.9% | 7.8% | ||
| Q3 24 | -23.0% | 3.1% | ||
| Q2 24 | -16.5% | 6.9% | ||
| Q1 24 | -10.2% | 5.5% |
| Q4 25 | -9.3% | — | ||
| Q3 25 | -2.6% | 1.2% | ||
| Q2 25 | -9.9% | -13.0% | ||
| Q1 25 | -0.4% | 5.7% | ||
| Q4 24 | -2.7% | — | ||
| Q3 24 | -8.4% | 3.9% | ||
| Q2 24 | -13.8% | 6.3% | ||
| Q1 24 | -8.0% | 5.2% |
| Q4 25 | $-0.11 | $0.22 | ||
| Q3 25 | $-0.03 | $0.10 | ||
| Q2 25 | $-0.10 | $-1.05 | ||
| Q1 25 | $0.00 | $0.46 | ||
| Q4 24 | $-0.03 | $0.62 | ||
| Q3 24 | $-0.09 | $0.28 | ||
| Q2 24 | $-0.15 | $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 | $141.1M | $92.5M |
| Total DebtLower is stronger | $157.0M | — |
| Stockholders' EquityBook value | $39.4M | $283.8M |
| Total Assets | $308.8M | $342.0M |
| Debt / EquityLower = less leverage | 3.99× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $141.1M | $92.5M | ||
| Q3 25 | $142.0M | $80.8M | ||
| Q2 25 | $134.5M | $101.4M | ||
| Q1 25 | $120.7M | $108.3M | ||
| Q4 24 | $178.2M | $105.5M | ||
| Q3 24 | $168.4M | $96.0M | ||
| Q2 24 | $275.8M | $105.6M | ||
| Q1 24 | $265.2M | $115.3M |
| Q4 25 | $157.0M | — | ||
| Q3 25 | $157.3M | — | ||
| Q2 25 | $157.5M | — | ||
| Q1 25 | $157.8M | — | ||
| Q4 24 | $216.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $340.9M | — | ||
| Q1 24 | $340.5M | — |
| Q4 25 | $39.4M | $283.8M | ||
| Q3 25 | $42.8M | $279.6M | ||
| Q2 25 | $38.8M | $289.3M | ||
| Q1 25 | $38.1M | $321.5M | ||
| Q4 24 | $33.4M | $319.6M | ||
| Q3 24 | $29.0M | $314.9M | ||
| Q2 24 | $26.1M | $321.5M | ||
| Q1 24 | $26.9M | $332.0M |
| Q4 25 | $308.8M | $342.0M | ||
| Q3 25 | $309.5M | $342.3M | ||
| Q2 25 | $302.5M | $349.5M | ||
| Q1 25 | $286.3M | $379.0M | ||
| Q4 24 | $340.3M | $384.0M | ||
| Q3 24 | $335.1M | $373.5M | ||
| Q2 24 | $452.5M | $376.7M | ||
| Q1 24 | $442.5M | $385.0M |
| Q4 25 | 3.99× | — | ||
| Q3 25 | 3.67× | — | ||
| Q2 25 | 4.06× | — | ||
| Q1 25 | 4.14× | — | ||
| Q4 24 | 6.49× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 13.06× | — | ||
| Q1 24 | 12.65× | — |
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 | $980.0K | $15.5M |
| Free Cash FlowOCF − Capex | $-2.2M | $12.3M |
| FCF MarginFCF / Revenue | -2.4% | 8.2% |
| Capex IntensityCapex / Revenue | 3.5% | 2.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $16.9M | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $980.0K | $15.5M | ||
| Q3 25 | $10.6M | $12.9M | ||
| Q2 25 | $13.6M | $14.7M | ||
| Q1 25 | $401.0K | $11.1M | ||
| Q4 24 | $12.4M | $20.0M | ||
| Q3 24 | $5.6M | $9.4M | ||
| Q2 24 | $11.7M | $18.7M | ||
| Q1 24 | $-3.4M | $7.3M |
| Q4 25 | $-2.2M | $12.3M | ||
| Q3 25 | $7.6M | $7.0M | ||
| Q2 25 | $11.9M | $9.1M | ||
| Q1 25 | $-424.0K | $10.0M | ||
| Q4 24 | $11.6M | $16.4M | ||
| Q3 24 | $4.5M | $2.6M | ||
| Q2 24 | $10.7M | $10.1M | ||
| Q1 24 | $-4.2M | $5.6M |
| Q4 25 | -2.4% | 8.2% | ||
| Q3 25 | 8.8% | 5.5% | ||
| Q2 25 | 14.1% | 6.9% | ||
| Q1 25 | -0.5% | 7.4% | ||
| Q4 24 | 13.3% | 11.2% | ||
| Q3 24 | 5.4% | 2.1% | ||
| Q2 24 | 13.0% | 7.7% | ||
| Q1 24 | -5.3% | 4.1% |
| Q4 25 | 3.5% | 2.1% | ||
| Q3 25 | 3.4% | 4.6% | ||
| Q2 25 | 2.0% | 4.2% | ||
| Q1 25 | 1.0% | 0.8% | ||
| Q4 24 | 0.9% | 2.5% | ||
| Q3 24 | 1.3% | 5.5% | ||
| Q2 24 | 1.3% | 6.6% | ||
| Q1 24 | 1.0% | 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
CMRC
| Subscription And Circulation | $65.2M | 73% |
| Partner And Services | $24.4M | 27% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
