STOCK TITAN

Smith & Wesson Brands Inc Financials

SWBI
Source SEC Filings (10-K/10-Q) Data as of Apr 30, 2026 Currency USD FYE April

This page shows Smith & Wesson Brands Inc (SWBI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SWBI FY2025

Falling cash conversion now matters more than sales swings, as margin compression leaves the business less self-funding.

Capital spending normalized to $21.6M in FY2025 after two unusually heavy years. Yet free cash flow stayed at -$28.8M because operating cash flow slipped to -$7.2M, showing the cash strain came from weaker cash conversion in the business, not just investment spending.

Profitability has compressed through the whole stack: gross margin fell to 26.8% and operating margin to 5.0%. Because both product-level margin and operating margin narrowed, the business is not merely carrying too much overhead; each sales dollar is also producing less gross profit before SG&A is applied.

Liquidity looks stronger on paper than in the cash account: the current ratio reached 5.2x even though cash fell to $18.0M. With total liabilities still below equity, the company appears solvent, but shareholder payouts continued despite -$28.8M of free cash flow, so balance-sheet flexibility is cushioning a weaker self-funding profile.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 56 / 100
Financial Health Score 56/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Smith & Wesson Brands Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
53

Smith & Wesson Brands Inc has an operating margin of 5.6%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 53/100, indicating healthy but not exceptional operating efficiency. This is up from 5.0% the prior year.

Growth
28

Smith & Wesson Brands Inc's revenue grew 10.4% year-over-year to $523.8M, a solid pace of expansion. This earns a growth score of 28/100.

Leverage
66

Smith & Wesson Brands Inc carries a low D/E ratio of 0.36, meaning only $0.36 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 66/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
79

With a current ratio of 3.20, Smith & Wesson Brands Inc holds $3.20 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 79/100.

Cash Flow
59

Smith & Wesson Brands Inc has a free cash flow margin of 17.3%, earning a moderate score of 59/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
48

Smith & Wesson Brands Inc's ROE of 4.9% shows moderate profitability relative to equity, earning a score of 48/100. This is up from 3.7% the prior year.

Altman Z-Score Safe
5.70

Smith & Wesson Brands Inc scores 5.70, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($700.4M) relative to total liabilities ($136.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
6/8

Smith & Wesson Brands Inc passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed
6.18x

For every $1 of reported earnings, Smith & Wesson Brands Inc generates $6.18 in operating cash flow ($114.2M OCF vs $18.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
4.1x

Smith & Wesson Brands Inc earns $4.1 in operating income for every $1 of interest expense ($29.2M vs $7.2M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$523.8M
YoY+10.4%
5Y CAGR-13.1%
10Y CAGR-3.2%

Smith & Wesson Brands Inc generated $523.8M in revenue in fiscal year 2026. This represents an increase of 10.4% from the prior year.

EBITDA
$60.5M
YoY+8.6%
5Y CAGR-29.6%
10Y CAGR-11.3%

Smith & Wesson Brands Inc's EBITDA was $60.5M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 8.6% from the prior year.

Net Income
$18.5M
YoY+37.7%
5Y CAGR-40.7%
10Y CAGR-15.0%

Smith & Wesson Brands Inc reported $18.5M in net income in fiscal year 2026. This represents an increase of 37.7% from the prior year.

EPS (Diluted)
$0.41
YoY+36.7%
5Y CAGR-38.2%
10Y CAGR-13.2%

Smith & Wesson Brands Inc earned $0.41 per diluted share (EPS) in fiscal year 2026. This represents an increase of 36.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$90.4M
YoY+413.7%
5Y CAGR-21.0%
10Y CAGR-4.2%

Smith & Wesson Brands Inc generated $90.4M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 413.7% from the prior year.

Cash & Debt
$28.2M
YoY+56.9%
5Y CAGR-30.3%
10Y CAGR-18.4%

Smith & Wesson Brands Inc held $28.2M in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share
$0.52
YoY+0.0%

Smith & Wesson Brands Inc paid $0.52 per share in dividends in fiscal year 2026. This represents an increase of 0.0% from the prior year.

Shares Outstanding
45M
YoY+0.9%
5Y CAGR-1.4%
10Y CAGR-2.2%

Smith & Wesson Brands Inc had 45M shares outstanding in fiscal year 2026. This represents an increase of 0.9% from the prior year.

Margins & Returns

Gross Margin
26.9%
YoY+0.1pp
5Y CAGR-15.5pp
10Y CAGR-13.7pp

Smith & Wesson Brands Inc's gross margin was 26.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.

Operating Margin
5.6%
YoY+0.6pp
5Y CAGR-24.6pp
10Y CAGR-16.4pp

Smith & Wesson Brands Inc's operating margin was 5.6% in fiscal year 2026, reflecting core business profitability. This is up 0.6 percentage points from the prior year.

Net Margin
3.5%
YoY+0.7pp
5Y CAGR-20.3pp
10Y CAGR-9.5pp

Smith & Wesson Brands Inc's net profit margin was 3.5% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.7 percentage points from the prior year.

Return on Equity
4.9%
YoY+1.2pp
5Y CAGR-79.1pp
10Y CAGR-22.7pp

Smith & Wesson Brands Inc's ROE was 4.9% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the prior year.

Capital Allocation

R&D Spending
$10.3M
YoY+7.7%
5Y CAGR+6.6%
10Y CAGR+0.3%

Smith & Wesson Brands Inc invested $10.3M in research and development in fiscal year 2026. This represents an increase of 7.7% from the prior year.

Share Buybacks
$0
YoY-100.0%

Smith & Wesson Brands Inc spent $0 on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures
$23.7M
YoY+9.9%
5Y CAGR+1.5%
10Y CAGR-2.1%

Smith & Wesson Brands Inc invested $23.7M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 9.9% from the prior year.

SWBI Income Statement

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Revenue $178.4M+31.4% $135.7M+8.9% $124.7M+46.5% $85.1M-39.6% $140.8M+21.5% $115.9M-10.6% $129.7M+46.8% $88.3M
Cost of Revenue $125.3M+25.1% $100.1M+6.1% $94.3M+49.7% $63.0M-37.1% $100.2M+14.0% $87.9M-7.6% $95.2M+48.4% $64.1M
Gross Profit $53.1M+49.2% $35.6M+17.3% $30.3M+37.5% $22.1M-45.6% $40.5M+45.1% $27.9M-19.0% $34.5M+42.7% $24.2M
R&D Expenses $2.5M+1.7% $2.4M-0.9% $2.4M-19.1% $3.0M+53.3% $2.0M-31.6% $2.9M+29.2% $2.2M-11.7% $2.5M
SG&A Expenses $17.7M+14.6% $15.5M+15.0% $13.5M+1.1% $13.3M-4.7% $14.0M+12.9% $12.4M-18.6% $15.2M+13.8% $13.4M
Operating Income $21.3M+217.9% $6.7M+63.1% $4.1M+239.1% -$3.0M-122.5% $13.1M+176.7% $4.7M-37.0% $7.5M+593.9% -$1.5M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $4.6M+182.5% $1.6M+48.4% $1.1M+258.0% -$690K-118.4% $3.7M+306.7% $920K-41.3% $1.6M+483.1% -$409K
Net Income $16.2M+332.2% $3.8M+95.8% $1.9M+156.2% -$3.4M-139.5% $8.6M+310.7% $2.1M-53.8% $4.5M+345.1% -$1.9M
EPS (Diluted) N/A $0.08+100.0% $0.04+150.0% $-0.08 N/A $0.05-50.0% $0.10+350.0% $-0.04

SWBI Balance Sheet

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Total Assets $512.8M-4.7% $538.0M-1.9% $548.6M-1.1% $554.6M-0.9% $559.6M-3.3% $578.9M-1.5% $587.4M+2.8% $571.3M
Current Assets $241.4M-7.7% $261.5M-2.6% $268.5M-2.5% $275.5M-0.6% $277.3M-7.2% $298.7M-2.4% $306.1M+7.3% $285.3M
Cash & Equivalents $28.2M+53.0% $18.4M-17.9% $22.4M+24.9% $18.0M-28.8% $25.2M-5.5% $26.7M-31.7% $39.1M+10.1% $35.5M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $40.0M-21.3% $50.8M+10.9% $45.8M+11.0% $41.3M-26.1% $55.9M-2.7% $57.4M+9.0% $52.7M+10.4% $47.8M
Goodwill $19.0M0.0% $19.0M0.0% $19.0M0.0% $19.0M0.0% $19.0M0.0% $19.0M0.0% $19.0M0.0% $19.0M
Total Liabilities $136.2M-22.0% $174.6M-5.8% $185.4M-2.6% $190.3M+1.7% $187.2M-12.9% $214.8M-1.6% $218.4M+13.0% $193.3M
Current Liabilities $75.4M+29.6% $58.1M+7.9% $53.9M+1.9% $52.9M-20.6% $66.6M+4.2% $64.0M-17.1% $77.2M-4.1% $80.5M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $376.6M+3.6% $363.4M+0.1% $363.2M-0.3% $364.4M-2.2% $372.5M+1.5% $366.9M-1.2% $371.5M-2.2% $380.0M
Retained Earnings $373.7M+2.9% $363.4M-30.0% $519.5M-0.8% $523.4M-1.7% $532.6M+1.1% $526.9M-0.8% $531.0M-0.3% $532.6M

SWBI Cash Flow Statement

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Operating Cash Flow $74.6M+264.6% $20.5M-25.0% $27.3M+436.2% -$8.1M-119.9% $40.8M+515.0% -$9.8M-33.0% -$7.4M+76.0% -$30.8M
Capital Expenditures $4.8M+33.1% $3.6M-66.9% $11.0M+156.1% $4.3M-41.1% $7.3M+15.5% $6.3M+91.1% $3.3M-29.8% $4.7M
Free Cash Flow $69.7M+314.6% $16.8M+3.3% $16.3M+231.3% -$12.4M-137.0% $33.5M+307.7% -$16.1M-50.9% -$10.7M+69.9% -$35.5M
Investing Cash Flow -$4.8M-31.8% -$3.6M+70.8% -$12.4M-66.1% -$7.5M-1.2% -$7.4M-88.3% -$3.9M-21.9% -$3.2M+31.1% -$4.7M
Financing Cash Flow -$60.0M-188.0% -$20.9M-100.4% -$10.4M-225.3% $8.3M+123.8% -$34.9M-2654.8% $1.4M-90.4% $14.2M+39.7% $10.2M
Dividends Paid $5.8M-1.2% $5.9M-0.3% $5.9M+0.3% $5.9M+2.3% $5.7M-0.8% $5.8M-0.2% $5.8M-1.8% $5.9M
Share Buybacks $0 $0 $0 $0 $0-100.0% $2.8M-70.8% $9.8M-24.1% $12.9M

SWBI Financial Ratios

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Gross Margin 29.8%+3.5pp 26.2%+1.9pp 24.3%-1.6pp 25.9%-2.8pp 28.8%+4.7pp 24.1%-2.5pp 26.6%-0.8pp 27.4%
Operating Margin 12.0%+7.0pp 5.0%+1.7pp 3.3%+6.8pp -3.5%-12.8pp 9.3%+5.2pp 4.1%-1.7pp 5.8%+7.5pp -1.7%
Net Margin 9.1%+6.3pp 2.8%+1.2pp 1.5%+5.5pp -4.0%-10.1pp 6.1%+4.3pp 1.8%-1.7pp 3.5%+5.6pp -2.1%
Return on Equity 4.3%+3.3pp 1.0%+0.5pp 0.5%+1.5pp -0.9%-3.3pp 2.3%+1.7pp 0.6%-0.7pp 1.2%+1.7pp -0.5%
Return on Assets 3.2%+2.5pp 0.7%+0.4pp 0.4%+1.0pp -0.6%-2.2pp 1.5%+1.2pp 0.4%-0.4pp 0.8%+1.1pp -0.3%
Current Ratio 3.20-1.3 4.50-0.5 4.98-0.2 5.21+1.0 4.16-0.5 4.67+0.7 3.97+0.4 3.54
Debt-to-Equity 0.36-0.1 0.48-0.0 0.51-0.0 0.52+0.0 0.50-0.1 0.590.0 0.59+0.1 0.51
FCF Margin 39.1%+26.7pp 12.4%-0.7pp 13.1%+27.6pp -14.6%-38.4pp 23.8%+37.8pp -13.9%-5.7pp -8.3%+32.0pp -40.2%

Similar Companies

Frequently Asked Questions

Smith & Wesson Brands Inc (SWBI) reported $523.8M in total revenue for fiscal year 2026. This represents a 10.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Smith & Wesson Brands Inc (SWBI) revenue grew by 10.4% year-over-year, from $474.7M to $523.8M in fiscal year 2026.

Yes, Smith & Wesson Brands Inc (SWBI) reported a net income of $18.5M in fiscal year 2026, with a net profit margin of 3.5%.

Smith & Wesson Brands Inc (SWBI) reported diluted earnings per share of $0.41 for fiscal year 2026. This represents a 36.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Smith & Wesson Brands Inc (SWBI) had EBITDA of $60.5M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

Smith & Wesson Brands Inc (SWBI) had a gross margin of 26.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Smith & Wesson Brands Inc (SWBI) had an operating margin of 5.6% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Smith & Wesson Brands Inc (SWBI) had a net profit margin of 3.5% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Yes, Smith & Wesson Brands Inc (SWBI) paid $0.52 per share in dividends during fiscal year 2026.

Smith & Wesson Brands Inc (SWBI) has a return on equity of 4.9% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Smith & Wesson Brands Inc (SWBI) generated $90.4M in free cash flow during fiscal year 2026. This represents a 413.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Smith & Wesson Brands Inc (SWBI) generated $114.2M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Smith & Wesson Brands Inc (SWBI) had $512.8M in total assets as of fiscal year 2026, including both current and long-term assets.

Smith & Wesson Brands Inc (SWBI) invested $23.7M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Smith & Wesson Brands Inc (SWBI) invested $10.3M in research and development during fiscal year 2026.

Smith & Wesson Brands Inc (SWBI) had 45M shares outstanding as of fiscal year 2026.

Smith & Wesson Brands Inc (SWBI) had a current ratio of 3.20 as of fiscal year 2026, which is generally considered healthy.

Smith & Wesson Brands Inc (SWBI) had a debt-to-equity ratio of 0.36 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Smith & Wesson Brands Inc (SWBI) had a return on assets of 3.6% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Smith & Wesson Brands Inc (SWBI) has an Altman Z-Score of 5.70, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Smith & Wesson Brands Inc (SWBI) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Smith & Wesson Brands Inc (SWBI) has an earnings quality ratio of 6.18x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Smith & Wesson Brands Inc (SWBI) has an interest coverage ratio of 4.1x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Smith & Wesson Brands Inc (SWBI) scores 56 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

Back to top