vs
Side-by-side financial comparison of MARA Holdings, Inc. (MARA) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.
MARA Holdings, Inc. is the larger business by last-quarter revenue ($202.3M vs $151.1M, roughly 1.3× STURM RUGER & CO INC). On growth, STURM RUGER & CO INC posted the faster year-over-year revenue change (3.6% vs -5.6%). STURM RUGER & CO INC produced more free cash flow last quarter ($12.3M vs $-1.2B). Over the past eight quarters, MARA Holdings, Inc.'s revenue compounded faster (10.7% CAGR vs 5.1%).
MARA Holdings, Inc. is an American digital asset technology and cryptocurrency mining company headquartered in Fort Lauderdale, Florida. Founded in 2010, the company initially operated as a patent holding company before pivoting in the late 2010s to focus on blockchain infrastructure and digital assets.
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.
MARA vs RGR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $202.3M | $151.1M |
| Net Profit | $-1.7B | — |
| Gross Margin | — | 17.8% |
| Operating Margin | -11795.9% | 2.3% |
| Net Margin | -14298.3% | — |
| Revenue YoY | -5.6% | 3.6% |
| Net Profit YoY | -423.5% | — |
| EPS (diluted) | $-4.25 | $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 | $202.3M | $151.1M | ||
| Q3 25 | $252.4M | $126.8M | ||
| Q2 25 | $238.5M | $132.5M | ||
| Q1 25 | $213.9M | $135.7M | ||
| Q4 24 | $214.4M | $145.8M | ||
| Q3 24 | $131.6M | $122.3M | ||
| Q2 24 | $145.1M | $130.8M | ||
| Q1 24 | $165.2M | $136.8M |
| Q4 25 | $-1.7B | — | ||
| Q3 25 | $123.1M | $1.6M | ||
| Q2 25 | $808.2M | $-17.2M | ||
| Q1 25 | $-533.4M | $7.8M | ||
| Q4 24 | $528.5M | — | ||
| Q3 24 | $-124.8M | $4.7M | ||
| Q2 24 | $-199.7M | $8.3M | ||
| Q1 24 | $337.2M | $7.1M |
| Q4 25 | — | 17.8% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | -2613.4% | 22.8% | ||
| Q3 24 | -1065.0% | 18.5% | ||
| Q2 24 | -587.6% | 22.3% | ||
| Q1 24 | -289.4% | 21.5% |
| Q4 25 | -11795.9% | 2.3% | ||
| Q3 25 | 18.9% | -2.7% | ||
| Q2 25 | — | -15.6% | ||
| Q1 25 | -253.0% | 6.2% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | -130.8% | 3.1% | ||
| Q2 24 | -160.1% | 6.9% | ||
| Q1 24 | — | 5.5% |
| Q4 25 | -14298.3% | — | ||
| Q3 25 | 48.8% | 1.2% | ||
| Q2 25 | 338.9% | -13.0% | ||
| Q1 25 | -249.4% | 5.7% | ||
| Q4 24 | 5367.4% | — | ||
| Q3 24 | -94.8% | 3.9% | ||
| Q2 24 | -137.6% | 6.3% | ||
| Q1 24 | 204.1% | 5.2% |
| Q4 25 | $-4.25 | $0.22 | ||
| Q3 25 | $0.27 | $0.10 | ||
| Q2 25 | $1.84 | $-1.05 | ||
| Q1 25 | $-1.55 | $0.46 | ||
| Q4 24 | $1.60 | $0.62 | ||
| Q3 24 | $-0.42 | $0.28 | ||
| Q2 24 | $-0.72 | $0.47 | ||
| Q1 24 | $1.26 | $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 | $547.1M | $92.5M |
| Total DebtLower is stronger | $3.6B | — |
| Stockholders' EquityBook value | $3.5B | $283.8M |
| Total Assets | $7.3B | $342.0M |
| Debt / EquityLower = less leverage | 1.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $547.1M | $92.5M | ||
| Q3 25 | $826.4M | $80.8M | ||
| Q2 25 | $109.5M | $101.4M | ||
| Q1 25 | $196.2M | $108.3M | ||
| Q4 24 | $391.8M | $105.5M | ||
| Q3 24 | $164.3M | $96.0M | ||
| Q2 24 | $256.0M | $105.6M | ||
| Q1 24 | $324.3M | $115.3M |
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $618.7M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.5B | $283.8M | ||
| Q3 25 | $5.2B | $279.6M | ||
| Q2 25 | $4.8B | $289.3M | ||
| Q1 25 | $3.7B | $321.5M | ||
| Q4 24 | $4.1B | $319.6M | ||
| Q3 24 | $2.9B | $314.9M | ||
| Q2 24 | $2.6B | $321.5M | ||
| Q1 24 | $2.5B | $332.0M |
| Q4 25 | $7.3B | $342.0M | ||
| Q3 25 | $9.2B | $342.3M | ||
| Q2 25 | $7.7B | $349.5M | ||
| Q1 25 | $6.4B | $379.0M | ||
| Q4 24 | $6.8B | $384.0M | ||
| Q3 24 | $3.6B | $373.5M | ||
| Q2 24 | $3.1B | $376.7M | ||
| Q1 24 | $3.0B | $385.0M |
| Q4 25 | 1.04× | — | ||
| Q3 25 | 0.63× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.59× | — | ||
| Q3 24 | 0.22× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-802.7M | $15.5M |
| Free Cash FlowOCF − Capex | $-1.2B | $12.3M |
| FCF MarginFCF / Revenue | -598.0% | 8.2% |
| Capex IntensityCapex / Revenue | 201.2% | 2.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-2.0B | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-802.7M | $15.5M | ||
| Q3 25 | $-199.0M | $12.9M | ||
| Q2 25 | $-163.4M | $14.7M | ||
| Q1 25 | $-215.5M | $11.1M | ||
| Q4 24 | $-677.0M | $20.0M | ||
| Q3 24 | $-160.1M | $9.4M | ||
| Q2 24 | $-115.2M | $18.7M | ||
| Q1 24 | $-88.3M | $7.3M |
| Q4 25 | $-1.2B | $12.3M | ||
| Q3 25 | $-283.9M | $7.0M | ||
| Q2 25 | $-282.4M | $9.1M | ||
| Q1 25 | $-254.3M | $10.0M | ||
| Q4 24 | $-927.8M | $16.4M | ||
| Q3 24 | $-198.1M | $2.6M | ||
| Q2 24 | $-132.4M | $10.1M | ||
| Q1 24 | $-97.4M | $5.6M |
| Q4 25 | -598.0% | 8.2% | ||
| Q3 25 | -112.5% | 5.5% | ||
| Q2 25 | -118.4% | 6.9% | ||
| Q1 25 | -118.9% | 7.4% | ||
| Q4 24 | -432.8% | 11.2% | ||
| Q3 24 | -150.5% | 2.1% | ||
| Q2 24 | -91.2% | 7.7% | ||
| Q1 24 | -59.0% | 4.1% |
| Q4 25 | 201.2% | 2.1% | ||
| Q3 25 | 33.6% | 4.6% | ||
| Q2 25 | 49.9% | 4.2% | ||
| Q1 25 | 18.2% | 0.8% | ||
| Q4 24 | 117.0% | 2.5% | ||
| Q3 24 | 28.9% | 5.5% | ||
| Q2 24 | 11.9% | 6.6% | ||
| Q1 24 | 5.5% | 1.3% |
| Q4 25 | — | — | ||
| Q3 25 | -1.62× | 8.15× | ||
| Q2 25 | -0.20× | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | -1.28× | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | -0.26× | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MARA
Segment breakdown not available.
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
