Smith & Wesson Brands, Inc.
NASDAQ•SWBI
CEO: Mr. Mark Peter Smith
Sector: Industrials
Industry: Aerospace & Defense
Listing Date: 1999-08-17
Smith & Wesson Brands, Inc. designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands. It also provides manufacturing services comprising forging, heat treating, rapid prototyping, tooling, finishing, plating, machining, and custom plastic injection molding to other businesses under the Smith & Wesson and Smith & Wesson Precision Components brand names; and sells parts purchased through third parties. The company sells its products to firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement, security agencies and officers, and military agencies. It markets its products through independent dealers, retailers, in-store retails, and direct to consumers; print, broadcast, and digital advertising campaigns; social and electronic media; and in-store retail merchandising strategies. Smith & Wesson Brands, Inc. was founded in 1852 and is based in Springfield, Massachusetts.
Contact Information
Market Cap
$374.52M
P/E (TTM)
30.9
104.8
Dividend Yield
6.1%
52W High
$14.20
52W Low
$7.73
52W Range
5.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q1 2026 Data
Revenue
$85.08M-3.69%
4-Quarter Trend
EPS
-$0.08+65.81%
4-Quarter Trend
FCF
-$12.40M-65.11%
4-Quarter Trend
2026 Q1 Earnings Highlights
Key Highlights
Operating Cash Flow Improved Cash used in operations improved $22.705M to $(8.110M) due to $24.0M reduction in working capital usage this quarter.
Handgun Sales Surge Handgun sales increased $11.667M, or 21.9%, driven by 37.7% shipment mix from newly introduced product sales.
Inventory Levels Increased Inventory balances grew $13.3M to $203.097M to level-load facilities and satisfy anticipated future demand requirements.
Risk Factors
Net Loss Widened Quarterly net loss increased $1.556M, or 83.9%, to $(3.411M) due to lower sales and margin compression.
Gross Margin Compressed Gross margin fell 150 basis points to 25.9% due to unfavorable fixed-cost absorption and higher import tariffs.
Internal Control Material Weakness Material weakness found in legal expense accrual control; remediation ongoing through training expected throughout fiscal 2026.
Long Gun Sales Decline Long gun sales dropped $11.126M, or 45.0%, driven by lower consumer demand across the industry during the period.
Outlook
FY2026 Capital Spending Expect capital expenditures between $25.0M and $30.0M for fiscal 2026, supporting operations and product development efforts.
Liquidity Position Strong Current cash resources and credit facilities believed adequate to fund operations for at least the next twelve months period.
Credit Covenants Compliant Compliant with all debt covenants as of July 31, 2025; $95.0M outstanding on Revolving Line at 6.69% rate.
Defending Legal Actions Vigorously defending numerous lawsuits; unfavorable outcomes could harm business, litigation remains expensive and time-consuming.
Peer Comparison
Revenue (TTM)
$977.99M
$471.40M
EBF$388.35M
Gross Margin (Latest Quarter)
68.1%
BYRN60.1%
34.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| ASC | $521.34M | 11.1 | 7.3% | 4.1% |
| TATT | $518.54M | 33.5 | 10.9% | 7.5% |
| SB | $494.21M | 9.3 | 6.5% | 39.2% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-13.1%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention
Research & Insights
Reports
All Years
Form 10-Q - Q1 2026
Period End: Jul 31, 2025|Filed: Sep 4, 2025|Revenue: $85.08M-3.7%|EPS: $-0.08+65.8%BeatForm 10-K - FY 2025
Period End: Apr 30, 2025|Filed: Jun 20, 2025|Revenue: $474.66M-11.4%|EPS: $0.30-65.1%BeatForm 10-Q - Q3 2025
Period End: Jan 31, 2025|Filed: Mar 6, 2025|Revenue: $115.89M-15.7%|EPS: $0.04-77.8%BeatForm 10-Q - Q2 2025
Period End: Oct 31, 2024|Filed: Dec 5, 2024|Revenue: $129.68M+3.8%|EPS: $0.09+71.1%MissForm 10-Q - Q1 2025
Period End: Jul 31, 2024|Filed: Sep 5, 2024|Revenue: $88.33M-22.7%|EPS: $-0.05-168.8%MissForm 10-K - FY 2024
Period End: Apr 30, 2024|Filed: Jun 20, 2024|Revenue: $535.83M+11.8%|EPS: $0.86+7.5%BeatForm 10-Q - Q3 2024
Period End: Jan 31, 2024|Filed: Mar 7, 2024|Revenue: $137.48M+6.5%|EPS: $0.17-29.2%BeatForm 10-Q - Q2 2024
Period End: Oct 31, 2023|Filed: Dec 7, 2023|Revenue: $124.96M+3.2%|EPS: $0.05-74.1%Miss