Smith & Wesson Brands, Inc. (SWBI) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 178.39M | 135.71M | 124.67M | 85.08M | 140.76M | 115.89M | 129.68M | 88.33M | 159.15M | 137.48M | 124.96M | 114.24M | 144.78M | 129.04M | 121.03M | 84.39M | 181.3M | 177.74M | 230.48M | 274.61M |
| Revenue Growth % | 26.73% | 17.11% | -3.86% | -3.69% | -11.55% | -15.71% | 3.78% | -22.68% | 9.93% | 6.55% | 3.24% | 35.37% | -20.14% | -27.4% | -47.49% | -69.27% | -43.86% | -31.01% | -7.34% | -1.21% |
| Cost of Goods Sold | 125.3M | 100.12M | 94.32M | 63M | 100.22M | 87.94M | 95.13M | 64.14M | 102.48M | 97.42M | 93.19M | 83.84M | 102.81M | 87.19M | 81.77M | 52.92M | 109.07M | 107.34M | 128.48M | 144.67M |
| COGS % of Revenue | 70.24% | 73.78% | 75.66% | 74.05% | 71.2% | 75.88% | 73.36% | 72.61% | 64.4% | 70.86% | 74.58% | 73.39% | 71.02% | 67.57% | 67.56% | 62.71% | 60.16% | 60.39% | 55.75% | 52.68% |
| Gross Profit | 53.09M | 35.59M | 30.35M | 22.07M | 40.55M | 27.95M | 34.55M | 24.19M | 56.66M | 40.07M | 31.77M | 30.4M | 41.96M | 41.84M | 39.26M | 31.47M | 72.23M | 70.4M | 102M | 129.94M |
| Gross Margin % | 29.76% | 26.22% | 24.34% | 25.95% | 28.8% | 24.12% | 26.64% | 27.39% | 35.6% | 29.14% | 25.42% | 26.61% | 28.98% | 32.43% | 32.44% | 37.29% | 39.84% | 39.61% | 44.25% | 47.32% |
| Gross Profit Growth % | 30.94% | 27.35% | -12.15% | -8.76% | -28.45% | -30.25% | 8.75% | -20.42% | 35.03% | -4.24% | -19.09% | -3.4% | -41.9% | -40.57% | -61.51% | -75.78% | -50.46% | -35.81% | 0.91% | 11.28% |
| Operating Expenses | 31.75M | 29.07M | 26.23M | 25.07M | 25.9M | 23.82M | 27.57M | 26.05M | 31.38M | 27.97M | 28M | 26.05M | 24.14M | 27.7M | 26.73M | 27.55M | 25.57M | 30.68M | 36.6M | 30.06M |
| OpEx % of Revenue | 17.8% | 21.42% | 21.04% | 29.47% | 18.4% | 20.56% | 21.26% | 29.49% | 19.72% | 20.34% | 22.41% | 22.8% | 16.67% | 21.47% | 22.09% | 32.65% | 14.11% | 17.26% | 15.88% | 10.95% |
| Selling, General & Admin | 29.07M | 26.65M | 23.8M | 22.07M | 23.93M | 23.34M | 25.35M | 23.54M | 29.6M | 26M | 26.27M | 24.25M | 22.26M | 25.57M | 24.87M | 25.88M | 23.58M | 28.96M | 34.86M | 28.25M |
| SG&A % of Revenue | 16.3% | 19.64% | 19.09% | 25.94% | 17% | 20.14% | 19.55% | 26.65% | 18.6% | 18.91% | 21.03% | 21.23% | 15.38% | 19.82% | 20.54% | 30.67% | 13.01% | 16.29% | 15.12% | 10.29% |
| Research & Development | 2.45M | 2.41M | 2.43M | 3.01M | 1.96M | 2.87M | 2.22M | 2.52M | 1.77M | 1.97M | 1.72M | 1.8M | 1.88M | 2.13M | 1.87M | 1.67M | 1.99M | 1.72M | 1.74M | 1.81M |
| R&D % of Revenue | 1.37% | 1.78% | 1.95% | 3.53% | 1.39% | 2.48% | 1.71% | 2.85% | 1.11% | 1.43% | 1.38% | 1.57% | 1.3% | 1.65% | 1.54% | 1.98% | 1.1% | 0.97% | 0.76% | 0.66% |
| Other Operating Expenses | 222K | 0 | 0 | 0 | 6K | -1000K | 0 | 0 | 0 | -11K | 141K | 47K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 21.56M | 6.53M | 4.12M | -3M | 14.65M | 4.13M | 6.97M | -1.86M | 25.29M | 12.1M | 3.77M | 4.35M | 17.83M | 8.35M | 12.53M | 3.92M | 46.65M | 39.72M | 65.39M | 99.89M |
| Operating Margin % | 12.09% | 4.81% | 3.3% | -3.53% | 10.41% | 3.56% | 5.38% | -2.11% | 15.89% | 8.8% | 3.02% | 3.81% | 12.31% | 6.47% | 10.35% | 4.64% | 25.73% | 22.35% | 28.37% | 36.37% |
| Operating Income Growth % | 47.2% | 58.18% | -40.98% | -61.17% | -42.07% | -65.91% | 85.03% | -142.81% | 41.84% | 44.86% | -69.92% | 11.03% | -61.79% | -78.97% | -80.84% | -96.08% | -59.83% | -50.58% | 0.49% | 52.61% |
| EBITDA | 29.17M | 13.77M | 12.14M | 5.43M | 22.63M | 11.72M | 15.19M | 6.19M | 33.46M | 19.06M | 11.84M | 13.6M | 27.38M | 14.98M | 20.15M | 11.47M | 54.31M | 46.92M | 73.14M | 107.35M |
| EBITDA Margin % | 16.35% | 10.14% | 9.74% | 6.39% | 16.08% | 10.12% | 11.71% | 7% | 21.03% | 13.87% | 9.48% | 11.91% | 18.91% | 11.61% | 16.65% | 13.59% | 29.96% | 26.4% | 31.73% | 39.09% |
| EBITDA Growth % | 28.87% | 17.42% | -20.03% | -12.14% | -32.36% | -38.5% | 28.23% | -54.52% | 22.23% | 27.29% | -41.23% | 18.63% | -49.59% | -68.09% | -72.45% | -89.32% | -55.73% | -46.3% | 5.51% | 37.03% |
| D&A (Non-Cash Add-back) | 7.61M | 7.24M | 8.03M | 8.44M | 7.99M | 7.6M | 8.21M | 8.05M | 8.18M | 6.96M | 8.07M | 9.25M | 9.55M | 6.62M | 7.62M | 7.55M | 7.66M | 7.2M | 7.74M | 7.47M |
| EBIT | 21.49M | 6.53M | 4.12M | -2.9M | 14.64M | 4.13M | 6.97M | -1.86M | 32.35M | 11.27M | 3.91M | 4.35M | 16.87M | 14.76M | 13.32M | 4.59M | 47.28M | 40.47M | 66.22M | 99.89M |
| Net Interest Income | -693K | -1.53M | -1.39M | -1.21M | -747K | -1.72M | -1.42M | -732K | -607K | -955K | -646K | 153K | 1.03M | -508K | -420K | -433K | -530K | -594K | -466K | -544K |
| Interest Income | 593K | 554K | 597K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 153K | 1.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.29M | 2.08M | 1.98M | 1.21M | 747K | 1.72M | 1.42M | 732K | 607K | 955K | 646K | 139K | 170K | 508K | 420K | 433K | 531K | 594K | 466K | 544K |
| Other Income/Expense | -769K | -1.15M | -1.11M | -1.1M | -753K | -1.72M | -1.42M | -738K | 5.98M | -966K | -505K | 200K | -1.12M | 332K | 370K | 240K | 94K | 157K | 367K | 116K |
| Pretax Income | 20.79M | 5.37M | 3.01M | -4.1M | 13.9M | 2.4M | 5.55M | -2.6M | 31.27M | 10.32M | 3.26M | 4.55M | 16.7M | 14.47M | 12.9M | 4.16M | 46.74M | 39.88M | 65.76M | 100M |
| Pretax Margin % | 11.66% | 3.96% | 2.41% | -4.82% | 9.87% | 2.07% | 4.28% | -2.94% | 19.65% | 7.5% | 2.61% | 3.98% | 11.54% | 11.21% | 10.66% | 4.93% | 25.78% | 22.44% | 28.53% | 36.42% |
| Income Tax | 4.57M | 1.62M | 1.09M | -690K | 4.16M | 739K | 1.41M | -494K | 5.16M | 2.43M | 765K | 1.43M | 3.87M | 3.39M | 3.25M | 845K | 10.61M | 9.34M | 14.82M | 23.12M |
| Effective Tax Rate % | 21.99% | 30.11% | 36.25% | 16.83% | 29.94% | 30.77% | 25.49% | 19% | 16.5% | 23.59% | 23.44% | 31.46% | 23.15% | 23.42% | 25.19% | 20.33% | 22.7% | 23.41% | 22.54% | 23.12% |
| Net Income | 16.22M | 3.75M | 1.92M | -3.41M | 9.73M | 1.66M | 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 |
| Net Margin % | 9.09% | 2.77% | 1.54% | -4.01% | 6.92% | 1.44% | 3.19% | -2.38% | 16.41% | 5.73% | 2% | 2.73% | 8.87% | 8.59% | 7.97% | 3.92% | 19.93% | 17.18% | 22.1% | 28% |
| Net Income Growth % | 66.64% | 125.68% | -53.63% | -61.97% | -62.72% | -78.9% | 65.49% | -167.54% | 103.4% | -28.86% | -74.11% | -5.86% | -64.47% | -63.73% | -81.06% | -95.69% | -59.41% | -51.05% | -2.5% | 58.9% |
| Net Income (Continuing) | 16.22M | 3.75M | 1.92M | -3.41M | 9.73M | 1.66M | 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 |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.36 | 0.08 | 0.04 | -0.08 | 0.22 | 0.04 | 0.09 | -0.05 | 0.57 | 0.17 | 0.05 | 0.07 | 0.28 | 0.24 | 0.21 | 0.07 | 0.79 | 0.65 | 1.05 | 1.57 |
| EPS Growth % | 63.64% | 122.4% | -53.37% | -65.81% | -61.4% | -77.94% | 70.69% | -169.4% | 103.57% | -29.17% | -74.33% | -6.69% | -64.56% | -63.08% | -80% | -95.43% | -53.53% | -41.96% | 14.13% | 82.56% |
| EPS (Basic) | 0.36 | 0.08 | 0.04 | -0.08 | 0.22 | 0.04 | 0.09 | -0.05 | 0.57 | 0.17 | 0.05 | 0.07 | 0.28 | 0.24 | 0.21 | 0.07 | 0.79 | 0.65 | 1.06 | 1.59 |
| Diluted Shares Outstanding | 45.26M | 44.83M | 44.74M | 44.26M | 44.4M | 44.4M | 44.94M | 45.32M | 46.04M | 46.03M | 46.36M | 46.55M | 45.89M | 46.17M | 46.11M | 46.1M | 45.94M | 47.17M | 48.69M | 49.05M |
| Basic Shares Outstanding | 44.53M | 44.38M | 44.4M | 44.26M | 44.04M | 44.04M | 44.52M | 45.32M | 45.54M | 45.62M | 45.98M | 46.1M | 45.89M | 45.9M | 45.81M | 45.74M | 45.6M | 46.76M | 48.15M | 48.39M |
| Dividend Payout Ratio | 35.66% | 154.25% | 302.56% | - | 58.77% | 344.14% | 139.48% | - | 20.92% | 69.49% | 221.94% | 177.55% | 35.75% | 41.44% | 47.44% | 138.16% | 10.08% | 12.12% | 7.55% | 5% |