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
$438.34M
P/E (TTM)
44.5
99.9
Dividend Yield
5.2%
52W High
$11.50
52W Low
$7.73
52W Range
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)
$977.99M
$466.39M
ASC$309.33M
Gross Margin (Latest Quarter)
70.6%
BYRN60.1%
39.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TATT | $576.82M | 37.2 | 10.9% | 7.5% |
| EVTL | $526.88M | -0.1 | 1661.3% | 2.9% |
| CMCO | $506.77M | 127.4 | 0.4% | 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%BeatForm 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%Beat