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Smith & Wesson Brands, Inc.

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
2100 Roosevelt Avenue, Springfield, MA, 01104, United States
800-331-0852
www.smith-wesson.com
Market Cap
$438.34M
P/E (TTM)
44.5
99.9
Dividend Yield
5.2%
52W High
$11.50
52W Low
$7.73
52W Range
58%
Rank34Top 20.2%
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

Q2 2026 Data

Revenue

$124.67M-3.86%
4-Quarter Trend

EPS

$0.04-53.50%
4-Quarter Trend

FCF

$31.56M-1280.22%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Quarterly Sales Decline Net sales $124.7M USD, down 3.9% for the quarter; Gross profit $30.3M USD, down 12.0% compared to prior year.
Operating Cash Flow Reverses Operating cash flow $19.2M USD provided for six months, reversing prior year usage of $38.2M USD due to working capital.
Inventory Levels Declining Total inventories $183.1M USD as of October 31, 2025, reflecting $6.7M USD reduction since April 30, 2025.
Revolving Line Borrowings $90.0M USD borrowings outstanding on Revolving Line at 6.28% weighted average rate as of period end.

Risk Factors

Gross Margin Compression Noted Six-month gross margin fell to 25.0% from 26.9%, driven by lower volumes and higher material costs/tariffs.
Internal Control Material Weakness Material weakness identified in legal expense accrual control; remediation efforts ongoing through fiscal 2026 testing.
Ongoing Product Liability Exposure Company vigorously defending multiple product liability cases; unfavorable outcomes could harm business and financial condition.
Six Month Net Loss Net loss $1.5M USD for six months ended October 31, 2025, compared to $2.7M USD net income prior year.

Outlook

Fiscal 2026 Capital Spending Expect capital expenditures between $25.0M USD and $30.0M USD for fiscal 2026, supporting growth initiatives.
Liquidity Position Adequate Current capital resources and credit facilities believed adequate to fund operations for at least the next 12 months.
Inventory Levels Expected Decline Expect inventory levels to decline during the remainder of the fiscal year due to proactive management efforts.
Credit Facility First Amendment First Amendment enacted August 2025 modifies debt calculations, excluding certain cash taxes paid in fiscal 2026.

Peer Comparison

Revenue (TTM)

Columbus McKinnon CorporationCMCO
$977.99M
-2.4%
Smith & Wesson Brands, Inc.SWBI
$466.39M
-9.4%
Ardmore Shipping CorporationASC
$309.33M
-26.8%

Gross Margin (Latest Quarter)

SBC Medical Group Holdings IncorporatedSBC
70.6%
-10.8pp
Byrna Technologies Inc.BYRN
60.1%
-2.3pp
Safe Bulkers, Inc.SB
39.4%
-5.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
TATT$576.82M37.210.9%7.5%
EVTL$526.88M-0.11661.3%2.9%
CMCO$506.77M127.40.4%25.9%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.5%
Moderate Growth
4Q Net Income CAGR
4.9%
Profitability Slowly Improving
Cash Flow Stability
50%
Cash Flow Needs Attention

Research & Insights

Next earnings:Mar 5, 2026
|
EPS:-
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q2 2026

    Period End: Oct 31, 2025|Filed: Dec 4, 2025|
    Revenue: $124.67M-3.9%
    |
    EPS: $0.04-53.5%
    Beat
  • Form 10-Q - Q1 2026

    Period End: Jul 31, 2025|Filed: Sep 4, 2025|
    Revenue: $85.08M-3.7%
    |
    EPS: $-0.08+65.8%
    Beat
  • Form 10-K - FY 2025

    Period End: Apr 30, 2025|Filed: Jun 20, 2025|
    Revenue: $474.66M-11.4%
    |
    EPS: $0.30-65.1%
    Beat
  • Form 10-Q - Q3 2025

    Period End: Jan 31, 2025|Filed: Mar 6, 2025|
    Revenue: $115.89M-15.7%
    |
    EPS: $0.04-77.8%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Oct 31, 2024|Filed: Dec 5, 2024|
    Revenue: $129.68M+3.8%
    |
    EPS: $0.09+71.1%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Jul 31, 2024|Filed: Sep 5, 2024|
    Revenue: $88.33M-22.7%
    |
    EPS: $-0.05-168.8%
    Miss
  • Form 10-K - FY 2024

    Period End: Apr 30, 2024|Filed: Jun 20, 2024|
    Revenue: $535.83M+11.8%
    |
    EPS: $0.86+7.5%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Jan 31, 2024|Filed: Mar 7, 2024|
    Revenue: $137.48M+6.5%
    |
    EPS: $0.17-29.2%
    Beat