Smith & Wesson Brands, Inc. (SWBI)
As-reported financials and SEC filings for Smith & Wesson Brands, Inc. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About Smith & Wesson Brands, Inc.
Smith & Wesson Brands, Inc. manufactures and designs firearms, including handguns such as revolvers and pistols, long guns like modern sporting rifles and lever-action rifles, firearm suppressors, and related products. The company serves a diverse customer base including firearm enthusiasts, collectors, hunters, competitive shooters, individuals seeking personal protection, law enforcement, security agencies, and military organizations. Its products are sold under the Smith & Wesson and Gemtech brands.
Snapshot
Fundamentals are from SEC filings for FY2026, the latest annual period (ended April 30, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at Smith & Wesson Brands
- Revenue grew 10.4% to $524M in FY2026, after a 11.4% decline the year before.
- Operating margin is 5.6% in FY2026, -23.5 pp against 29.1% in FY2022.
- Most recent quarter Q1 FY2027: revenue $113M, up 32.3% from Q1 FY2026.
- Free cash flow was $90M in FY2026, 17.3% of revenue.
- Net income rose 37.7% to $18M in FY2026.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Smith & Wesson Brands’s fundamentals sit among the 668 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Smith & Wesson Brands’s FCF margin of 17.3% ranks in the 88th percentile of the 546 Industrials companies reporting it.
No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.
Institutional ownership
Held by 1 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).
| Investor | As of | Position value | Shares | Change |
|---|---|---|---|---|
| Renaissance Technologiesquant | Q2 2026 | $33.4M | 2.2M | Added |
| Two Sigma Investmentsquant | Q2 2026 | $26.5M | 1.8M | Added |
| AQR Capital Managementquant | Q2 2026 | $7.6M | 502.3K | Added |
| Point72 Asset Managementquant | Q2 2026 | $4.9M | 324.7K | Added |
| Citadel Advisorsquant | Q2 2026 | $3.2M | 213.7K | Added |
| Millennium Managementquant | Q2 2026 | $668,378 | 44.4K | Reduced |
| D. E. Shawquant | Q2 2026 | $248,716 | 16.5K | Reduced |
| Gotham Asset Management | Q2 2026 | $166,162 | 11.0K | New |
From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-09-30 | 2.3M | -19.6% | 4.38 |
| 2026-09-15 | 2.8M | +8.7% | 3.39 |
| 2026-08-31 | 2.6M | +12.2% | 4.90 |
| 2026-08-14 | 2.3M | +14.6% | 5.93 |
| 2026-07-31 | 2.0M | +8.0% | 4.62 |
| 2026-07-15 | 1.9M | -6.2% | 3.39 |
| 2026-06-30 | 2.0M | +4.7% | 1.24 |
| 2026-06-15 | 1.9M | +21.1% | 3.06 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Income statement (as reported)
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $523.8M | $474.7M | $535.8M | $479.2M | $864.1M |
| Gross profit | |||||
| Operating income | $29.2M | $23.9M | $47.1M | $48.4M | $251.7M |
| Net income | $18.5M | $13.4M | $41.4M | $36.9M | $194.5M |
| Diluted EPS | $0.41 | $0.30 | $0.89 | $0.80 | $4.08 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | $28.2M | $25.2M | $60.8M | $53.6M | $120.7M |
| Current assets | $241.4M | $277.3M | $287.3M | $291.9M | $327.6M |
| Total assets | $512.8M | $559.6M | $577.4M | $541.3M | $497.5M |
| Current liabilities | $75.4M | $66.6M | $94.4M | $87.2M | $88.9M |
| Long-term debt | — | — | — | — | — |
| Total liabilities | $136.2M | $187.2M | $177.5M | $156.7M | $137.0M |
| Total equity | $376.6M | $372.5M | $399.9M | $384.6M | $360.5M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Operating cash flow | $114.2M | $-7.2M | $106.7M | $16.7M | $137.8M |
| Capital expenditure | $23.7M | $21.6M | $90.8M | $89.6M | $24.0M |
| Free cash flow |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.
Quarterly trend
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q1 FY2027 | $112.6M | 32.3% | $2.6M | $0.06 |
| Q4 FY2026 | 26.7% | |||
| Q3 FY2026 | $135.7M | 17.1% | $3.8M | $0.08 |
| Q2 FY2026 | $124.7M | -3.9% | $1.9M | $0.04 |
| Q1 FY2026 | $85.1M | -3.7% | $-3.4M | $-0.08 |
| Q4 FY2025 | -11.6% | |||
| Q3 FY2025 | $115.9M | -15.7% | $2.1M | $0.05 |
| Q2 FY2025 | $129.7M | 3.8% | $4.5M | $0.10 |
Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.
Company facts
Selected SEC filings
Largest Industrials peers
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.