Smith & Wesson Brands, Inc. (SWBI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 74.58M | 20.46M | 27.27M | -8.11M | 40.83M | -9.84M | -7.4M | -30.82M | 43.62M | 25.37M | -2.87M | 40.63M | 37.98M | 6.92M | -35.31M | 7.14M | 25.54M | 6.91M | -3.72M | 109.09M |
| Operating CF Margin % | 41.81% | 15.07% | 21.87% | -9.53% | 29% | -8.49% | -5.7% | -34.88% | 27.41% | 18.45% | -2.3% | 35.56% | 26.23% | 5.36% | -29.17% | 8.47% | 14.09% | 3.89% | -1.62% | 39.72% |
| Operating CF Growth % | 82.67% | 307.91% | 468.64% | 73.68% | -6.39% | -138.79% | -157.38% | -175.84% | 14.84% | 266.73% | 91.86% | 468.65% | 48.71% | 0.09% | -848.43% | -93.45% | -78.54% | -88.57% | -107.11% | 30.68% |
| Net Income | 16.22M | 3.75M | 1.92M | -3.41M | 9.73M | 2.1M | 4.13M | -2.11M | 26.11M | 7.88M | 2.5M | 3.12M | 12.84M | 11.08M | 9.65M | 3.31M | 36.13M | 30.54M | 50.94M | 76.88M |
| Depreciation & Amortization | 7.61M | 7.24M | 8.03M | 8.44M | 7.99M | 7.6M | 8.21M | 8.05M | 8.18M | 6.96M | 8.07M | 9.25M | 9.64M | 6.62M | 7.62M | 7.55M | 7.66M | 7.2M | 7.74M | 7.47M |
| Stock-Based Compensation | 1.99M | 2.37M | 2.1M | 1.89M | 1.89M | 2M | 1.87M | 1.85M | 1.42M | 1.5M | 1.48M | 1.28M | 1.24M | 1.25M | 1.43M | 1.18M | 971K | 1.2M | 914K | 1.45M |
| Deferred Taxes | 5.24M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 835K | -9.97M | 0 | -26.99M | -6.86M | 0 | 0 | 0 | -2.13M | -130K | 0 | 130K |
| Other Non-Cash Items | -355K | -730K | -37K | -536K | -3.47M | -3.12M | -60.17M | -53K | 9.77M | 10.06M | 684K | 26.98M | -38K | 12K | 11K | -67K | 605K | 1K | 923K | -129K |
| Working Capital Changes | 43.89M | 7.82M | 15.26M | -14.49M | 24.7M | -18.42M | 38.56M | -38.56M | 13.37M | 8.93M | -15.61M | 26.99M | 21.16M | -12.05M | -54.02M | -4.83M | -17.71M | -31.9M | -64.24M | 23.29M |
| Change in Receivables | 10.82M | -5M | -4.53M | 14.56M | 1.57M | -4.74M | -4.94M | 11.3M | 1.57M | -852K | -31.61M | 27M | 3.13M | -13.88M | -20.61M | 38.94M | -13.32M | -5.06M | -3.87M | 26.3M |
| Change in Inventory | 19.01M | 7.88M | 19.96M | -13.26M | 9.1M | -2.9M | -6.22M | -29.32M | -6.97M | 9.76M | 7.46M | 6.36M | 16.31M | 3.05M | -13.97M | -45.84M | -2.39M | -13.99M | -23.14M | -18.66M |
| Change in Payables | 6.26M | 2.12M | 3.41M | -6.43M | 1.98M | -6.62M | 1.6M | -11.74M | 7.11M | -3.45M | 16.52M | -1.84M | -8.74M | -5.75M | 3.17M | 2.72M | -5.75M | -12.7M | -6.07M | -2.44M |
| Cash from Investing | -4.77M | -3.62M | -12.39M | -7.46M | -7.38M | -3.92M | -3.21M | -4.67M | 985K | -15.41M | -35M | -32.07M | -25.03M | -25.16M | -28M | -11.59M | -8.9M | -5.01M | -4.43M | -5.77M |
| Capital Expenditures | -4.83M | -3.63M | -10.99M | -4.29M | -7.29M | -6.31M | 4.7M | -4.7M | -5.59M | -18.24M | -35.02M | -32.09M | -25.06M | -25.16M | -28.04M | -11.63M | -8.95M | -5.04M | -4.43M | -5.84M |
| CapEx % of Revenue | 2.71% | 2.68% | 8.82% | 5.04% | 5.18% | 5.45% | 3.63% | 5.32% | 3.51% | 13.27% | 28.02% | 28.09% | 17.31% | 19.5% | 23.17% | 13.78% | 4.93% | 2.84% | 1.92% | 2.13% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78K | 2.83M | 22K | 23K | 33K | 0 | 39K | 46K | 42K | 27K | 0 | 70K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 68K | 79K | 0 | -5K | -86K | 2.39M | -7.92M | 37K | 6.5M | 2.79M | -70K | -10K | -50K | 5K | -123K | -48K | -23K | 27K | -87K | 70K |
| Cash from Financing | -60.05M | -20.85M | -10.41M | 8.31M | -34.92M | 1.37M | 14.19M | 10.16M | -31.13M | -6.78M | 26.58M | -6.64M | -3.99M | 19.87M | -4.16M | -5.83M | -3.17M | -54.02M | -3.87M | -44.92M |
| Debt Issued (Net) | -55.05M | -15.05M | -5.05M | 14.95M | -30.05M | 9.96M | 29.95M | 29.96M | -25.33M | -368K | 39.66M | -338K | -166K | 24.47M | -281K | -278K | -274K | -282K | -267K | -264K |
| Equity Issued (Net) | 834K | 0 | 0 | 0 | 849K | -2.85M | -9.76M | -12.86M | -323K | -916K | -8.25M | -766K | 775K | -15K | 753K | -981K | 873K | -50.05M | 831K | -40M |
| Dividends Paid | -5.79M | -5.79M | -5.8M | -5.86M | -5.72M | -5.72M | -5.77M | -5.89M | -5.46M | -5.48M | -5.54M | -5.54M | -4.59M | -4.59M | -4.58M | -4.58M | -3.64M | -3.7M | -3.85M | -3.84M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -2.85M | -9.76M | -12.86M | -1.08M | -916K | -8.21M | -766K | -11K | -15K | -58K | -981K | -131K | -50M | -584K | -40M |
| Other Financing | -44K | -11K | 441K | -792K | -7K | -17K | -236K | -1.06M | -14K | -19K | 722K | -766K | 764K | -15K | -58K | -981K | 742K | 15K | 247K | -815K |
| Net Change in Cash | 9.77M | -4.01M | 4.47M | -7.27M | -1.47M | -12.39M | 3.58M | -25.32M | 13.47M | 3.17M | -11.29M | 1.92M | 8.96M | 1.62M | -67.48M | -10.28M | 13.46M | -52.12M | -12.02M | 58.4M |
| Free Cash Flow | 69.72M | 16.82M | 16.28M | -12.46M | 33.5M | -16.19M | -2.67M | -35.54M | 38.02M | 7.12M | -37.89M | 8.54M | 12.92M | -18.25M | -63.35M | -4.49M | 16.59M | 1.87M | -8.15M | 103.25M |
| FCF Margin % | 39.08% | 12.39% | 13.06% | -14.64% | 23.8% | -13.97% | -2.06% | -40.23% | 23.89% | 5.18% | -30.32% | 7.48% | 8.92% | -14.14% | -52.34% | -5.32% | 9.15% | 1.05% | -3.54% | 37.6% |
| FCF Growth % | 108.11% | 203.88% | 708.75% | 64.95% | -11.9% | -327.25% | 92.94% | -516.14% | 194.34% | 139.04% | 40.19% | 290.33% | -22.14% | -1074.63% | -676.96% | -104.35% | -85.6% | -96.71% | -118.24% | 36.14% |
| FCF per Share | 1.54 | 0.38 | 0.36 | -0.28 | 0.75 | -0.36 | -0.06 | -0.78 | 0.83 | 0.15 | -0.82 | 0.18 | 0.28 | -0.40 | -1.37 | -0.10 | 0.36 | 0.04 | -0.17 | 2.10 |
| FCF Conversion (FCF/Net Income) | 4.60x | 5.45x | 14.22x | 2.38x | 4.19x | -5.92x | -1.79x | 14.63x | 1.67x | 3.22x | -1.15x | 13.03x | 2.96x | 0.62x | -3.66x | 2.16x | 0.71x | 0.23x | -0.07x | 1.42x |
| Interest Paid | 0 | 1.61M | 1.57M | 1.29M | -1.31M | 1.87M | 1.04M | 1.31M | 1.43M | 1.59M | 1.2M | 525K | 405K | 654K | 543K | 546K | 549K | 554K | 578K | 538K |
| Taxes Paid | 0 | 1.45M | 2.1M | 194K | -7.1M | 313K | 6.42M | 361K | 1.98M | 3.33M | 6.86M | 494K | 2.43M | 54K | 15.17M | 551K | 9.78M | 11.22M | 37.05M | 1.13M |