Smith & Wesson Brands, Inc. (SWBI) Balance Sheet
SWBI balance sheet, FY2026
April 30, 2026 · U.S. dollars$512.8M assets = $136.2M liabilities + $376.6M equity
Both columns are drawn to the same scale: what SWBI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SWBI financial health
Descriptive bands, not a rating. Fiscal FY2026.
SWBI balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $788.0MFY2017 | $512.8MFY2026 | −4.7%/yr | |
| Total liabilities | $394.9MFY2017 | $136.2MFY2026 | −11.2%/yr | |
| Shareholders’ equity | $393.2MFY2017 | $376.6MFY2026 | −0.5%/yr | |
| Cash & short-term investments | $61.5MFY2017 | $33.4MFY2026 | −6.6%/yr | |
| Total debt | $218.0MFY2017 | $53.1MFY2026 | −14.5%/yr | |
| Net cash (debt) | −$156.4MFY2017 | −$19.8MFY2026 | +$136.6M | |
| Working capital | $167.2MFY2017 | $166.0MFY2026 | −$1.2M | |
| Book value per share | $6.91FY2017 | $8.32FY2026 | +2.1%/yr | |
| Current ratio | 2.11FY2017 | 3.20FY2026 | +1.10 | |
| Debt / equity | 0.55FY2017 | 0.14FY2026 | −0.41 | |
| Shares outstanding | 56.9MFY2017 | 45.3MFY2026 | −2.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SWBI assets
SWBI liabilities and equity
SWBI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SWBI balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $33.4M | $25.2M | $60.8M | $53.6M | $120.7M | $113.0M | $125.4M | $41.0M | $48.9M | $61.5M |
| Cash & equivalents | $28.2M | $25.2M | $60.8M | $53.6M | $120.7M | $113.0M | $125.4M | $41.0M | $48.9M | $61.5M |
| Short-term investments | $5.2M | $0 | — | — | — | — | — | — | — | — |
| Receivables | $44.6M | $55.9M | $61.0M | $56.3M | $64.6M | $68.4M | $95.0M | $87.4M | $61.3M | $119.1M |
| Inventory | $156.2M | $189.8M | $160.5M | $177.1M | $136.7M | $78.5M | $164.2M | $163.8M | $153.4M | $131.7M |
| Other current assets | $7.2M | $6.3M | $5.5M | $4.9M | $5.6M | $8.4M | $11.2M | $6.5M | $6.9M | $6.1M |
| Total current assets | $241.4M | $277.3M | $287.9M | $291.9M | $327.6M | $268.3M | $395.9M | $298.7M | $270.4M | $318.4M |
| Property, plant & equipment (net) | $238.6M | $242.6M | $254.0M | $210.3M | $135.6M | $146.4M | $157.4M | $183.3M | $159.1M | $149.7M |
| Goodwill & intangible assets | $21.0M | $21.4M | $21.6M | $22.6M | $22.6M | $23.4M | $157.4M | $274.1M | $304.0M | $310.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $11.7M | $18.3M | $13.9M | $16.4M | $11.7M | $8.3M | $18.3M | $10.7M | $11.5M | $9.6M |
| Total assets | $512.8M | $559.6M | $577.4M | $541.3M | $497.5M | $446.4M | $729.0M | $766.8M | $745.1M | $788.0M |
| Liabilities | ||||||||||
| Accounts payable | $34.6M | $26.9M | $41.8M | $36.8M | $30.0M | $57.3M | $39.2M | $35.6M | $33.6M | $53.4M |
| Short-term debt | $1.9M | $1.9M | $2.5M | $2.7M | $2.7M | $2.4M | $3.7M | $7.0M | $6.7M | $7.3M |
| Deferred revenue | $19.1M | — | $26.8M | $20.1M | $3,000 | $2.9M | $14.7M | $12.2M | $431,000 | $1.0M |
| Total current liabilities | $75.4M | $66.6M | $94.4M | $87.2M | $88.9M | $125.7M | $130.0M | $111.3M | $100.7M | $151.2M |
| Long-term debt | $19.1M | $79.1M | $39.9M | $24.8M | $0 | $0 | $199.0M | $194.8M | $180.3M | $210.7M |
| Lease obligations | $34.0M | $35.6M | $37.9M | $37.0M | $40.3M | $41.2M | $51.0M | $46.1M | $431,000 | $1.0M |
| Other long-term liabilities | $41.7M | $41.4M | $43.3M | $44.7M | $48.0M | $54.3M | $12.8M | $16.2M | $41.9M | $33.0M |
| Total liabilities | $136.2M | $187.2M | $177.5M | $156.7M | $137.0M | $180.0M | $341.8M | $322.3M | $322.9M | $394.9M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $45,000 | $76,000 | $75,000 | $75,000 | $75,000 | $74,000 | $74,000 | $73,000 | $72,000 | $72,000 |
| Retained earnings (deficit) | $373.7M | $532.6M | $542.4M | $523.2M | $504.6M | $325.2M | $341.7M | $402.9M | $389.1M | $369.2M |
| Treasury stock | — | — | — | −$422.4M | −$422.4M | −$332.4M | −$222.4M | −$222.4M | −$222.4M | −$222.4M |
| Accumulated other comprehensive income | — | — | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $620,000 | $1.7M | $436,000 |
| Total shareholders' equity | $376.6M | $372.5M | $399.9M | $384.6M | $360.5M | $266.4M | $387.1M | $444.4M | $422.1M | $393.2M |
| Key figures | ||||||||||
| Total debt | $53.1M | $114.7M | $77.8M | $64.5M | $40.3M | $41.2M | $202.7M | $201.8M | $209.2M | $218.0M |
| Net cash (debt) | −$19.8M | −$89.5M | −$17.0M | −$10.9M | $80.4M | $71.8M | −$77.3M | −$160.8M | −$160.3M | −$156.4M |
| Working capital | $166.0M | $210.6M | $193.5M | $204.7M | $238.6M | $142.6M | $265.9M | $187.4M | $169.7M | $167.2M |
| Tangible book value | $355.6M | $351.0M | $378.3M | $362.0M | $337.9M | $242.9M | $229.8M | $170.3M | $118.1M | $82.8M |
| Book value per share | $8.32 | $8.39 | $8.65 | $8.33 | $7.55 | $4.81 | $7.04 | $8.05 | $7.70 | $6.91 |
| Shares outstanding | 45.3M | 44.4M | 46.2M | 46.2M | 47.7M | 55.4M | 55.0M | 55.2M | 54.8M | 56.9M |
| Current ratio | 3.20 | 4.16 | 3.05 | 3.35 | 3.68 | 2.13 | 3.05 | 2.68 | 2.69 | 2.11 |
| Quick ratio | 1.03 | 1.22 | 1.29 | 1.26 | 2.08 | 1.44 | 1.70 | 1.15 | 1.09 | 1.19 |
| Debt / equity | 0.14 | 0.31 | 0.19 | 0.17 | 0.11 | 0.15 | 0.52 | 0.45 | 0.50 | 0.55 |
| Equity / assets | 73.4% | 66.6% | 69.3% | 71.1% | 72.5% | 59.7% | 53.1% | 58.0% | 56.7% | 49.9% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $25.2M | $33.4M | $23.5M | $27.3M | $21.2M | $25.2M | $26.7M | $39.1M | $35.5M | $60.8M | $47.4M | $44.2M |
| Cash & equivalents | $18.7M | $28.2M | $18.4M | $22.4M | $18.0M | $25.2M | $26.7M | $39.1M | $35.5M | $60.8M | $47.4M | $44.2M |
| Short-term investments | $6.5M | $5.2M | $5.0M | $4.9M | $3.2M | $0 | — | — | — | — | — | — |
| Receivables | $33.0M | $44.6M | $55.1M | $48.4M | $42.2M | $55.9M | $65.1M | $60.8M | $50.9M | $61.0M | $66.3M | $64.5M |
| Inventory | $180.7M | $156.2M | $175.3M | $183.1M | $203.1M | $189.8M | $198.9M | $196.0M | $189.8M | $160.5M | $153.5M | $163.3M |
| Other current assets | $8.6M | $7.2M | $7.7M | $9.7M | $9.0M | $6.3M | $8.0M | $10.1M | $9.0M | $5.5M | $9.0M | $9.9M |
| Total current assets | $247.5M | $241.4M | $261.5M | $268.5M | $275.5M | $277.3M | $298.7M | $306.1M | $285.3M | $287.9M | $276.2M | $281.8M |
| Property, plant & equipment (net) | $242.8M | $238.6M | $238.6M | $242.1M | $239.4M | $242.6M | $243.4M | $244.5M | $248.8M | $254.0M | $257.8M | $253.3M |
| Goodwill & intangible assets | $20.9M | $21.0M | $21.2M | $21.3M | $21.4M | $21.4M | $21.5M | $21.5M | $21.6M | $21.6M | $21.7M | $21.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $12.1M | $11.7M | $16.7M | $16.7M | $18.3M | $18.3M | $15.2M | $15.4M | $15.6M | $13.9M | $14.9M | $16.0M |
| Total assets | $523.3M | $512.8M | $538.0M | $548.6M | $554.6M | $559.6M | $578.9M | $587.4M | $571.3M | $577.4M | $570.6M | $573.0M |
| Liabilities | ||||||||||||
| Accounts payable | $37.4M | $34.6M | $25.5M | $23.5M | $21.2M | $26.9M | $25.2M | $31.6M | $29.5M | $41.8M | $36.1M | $44.5M |
| Short-term debt | $1.9M | $1.9M | $1.8M | $1.8M | $2.0M | $1.9M | $1.9M | $2.1M | $2.3M | $2.5M | $2.0M | $2.2M |
| Deferred revenue | $17.1M | $19.1M | $18.8M | $18.7M | $18.1M | — | — | $30.0M | $27.9M | $26.8M | $24.3M | $23.2M |
| Total current liabilities | $68.4M | $75.4M | $58.1M | $53.9M | $52.9M | $66.6M | $64.0M | $77.2M | $80.5M | $94.4M | $86.1M | $90.9M |
| Long-term debt | $39.2M | $19.1M | $74.1M | $89.0M | $94.1M | $79.1M | $109.0M | $99.0M | $69.9M | $39.9M | $64.9M | $64.8M |
| Lease obligations | $33.6M | $34.0M | $34.5M | $34.6M | $35.2M | $35.6M | $36.1M | $36.6M | $37.3M | $37.9M | $37.8M | $38.4M |
| Other long-term liabilities | $42.0M | $41.7M | $42.4M | $42.5M | $43.2M | $41.4M | $41.8M | $42.2M | $42.9M | $43.3M | $43.1M | $43.7M |
| Total liabilities | $149.6M | $136.2M | $174.6M | $185.4M | $190.3M | $187.2M | $214.8M | $218.4M | $193.3M | $177.5M | $194.1M | $199.5M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $45,000 | $45,000 | $44,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $76,000 | $75,000 | $75,000 | $75,000 |
| Retained earnings (deficit) | $370.5M | $373.7M | $363.4M | $519.5M | $523.4M | $532.6M | $526.9M | $531.0M | $532.6M | $542.4M | $520.0M | $517.7M |
| Accumulated other comprehensive income | — | — | — | — | — | — | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 | $73,000 |
| Total shareholders' equity | $373.7M | $376.6M | $363.4M | $363.2M | $364.4M | $372.5M | $364.1M | $369.1M | $378.0M | $399.9M | $376.4M | $373.5M |
| Key figures | ||||||||||||
| Total debt | $72.8M | $53.1M | $108.5M | $123.6M | $129.4M | $114.7M | $145.1M | $135.6M | $107.2M | $77.8M | $102.7M | $103.3M |
| Net cash (debt) | −$47.5M | −$19.8M | −$85.1M | −$96.3M | −$108.2M | −$89.5M | −$118.4M | −$96.5M | −$71.7M | −$17.0M | −$55.3M | −$59.1M |
| Working capital | $179.1M | $166.0M | $203.4M | $214.6M | $222.6M | $210.6M | $234.7M | $228.9M | $204.8M | $193.5M | $190.0M | $190.9M |
| Tangible book value | $352.8M | $355.6M | $342.2M | $341.9M | $343.0M | $351.0M | $342.6M | $347.5M | $356.4M | $378.3M | $354.7M | $351.7M |
| Book value per share | $8.22 | $8.32 | $8.11 | $8.12 | $8.23 | $8.39 | $8.20 | $8.21 | $8.34 | $8.69 | $8.18 | $8.06 |
| Shares outstanding | 45.5M | 45.3M | 44.8M | 44.7M | 44.3M | 44.4M | 44.4M | 44.9M | 45.3M | 46.0M | 46.0M | 46.4M |
| Current ratio | 3.62 | 3.20 | 4.50 | 4.98 | 5.21 | 4.16 | 4.67 | 3.97 | 3.54 | 3.05 | 3.21 | 3.10 |
| Quick ratio | 0.85 | 1.03 | 1.35 | 1.41 | 1.20 | 1.22 | 1.43 | 1.29 | 1.07 | 1.29 | 1.32 | 1.20 |
| Debt / equity | 0.19 | 0.14 | 0.30 | 0.34 | 0.36 | 0.31 | 0.40 | 0.37 | 0.28 | 0.19 | 0.27 | 0.28 |
| Equity / assets | 71.4% | 73.4% | 67.5% | 66.2% | 65.7% | 66.6% | 62.9% | 62.8% | 66.2% | 69.3% | 66.0% | 65.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed June 17, 2026); data from EODHD.
SWBI financial position
At the end of fiscal 2026 (April 30, 2026), Smith & Wesson Brands had total assets of $512.8 million (down 8.4% from a year earlier), total liabilities of $136.2 million and shareholders' equity of $376.6 million. It held $33.4 million in cash and short-term investments against $53.1 million of debt, net debt of $19.8 million. Its current ratio was 3.20. In the latest quarter (ended July 31, 2026) total assets were $523.3 million and equity $373.7 million.
Related: SWBI income statement, SWBI cash flow statement, SWBI key metrics. See the SWBI stock overview for the latest quote and news.
SWBI balance sheet FAQ
What are Smith & Wesson Brands's total assets?
Smith & Wesson Brands reported total assets of $512.8 million at the end of fiscal 2026 (April 30, 2026), compared with $559.6 million a year earlier.
How much debt does Smith & Wesson Brands have?
Smith & Wesson Brands had $53.1 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.14.
How much cash does Smith & Wesson Brands have?
Smith & Wesson Brands held $33.4 million in cash and short-term investments at the end of fiscal 2026; with $53.1 million of debt that is net debt of $19.8 million.
What is Smith & Wesson Brands's book value?
Smith & Wesson Brands's shareholders' equity (book value) was $376.6 million at the end of fiscal 2026, or $8.32 per share.
What is Smith & Wesson Brands's current ratio?
Smith & Wesson Brands had current assets of $241.4 million and current liabilities of $75.4 million, a current ratio of 3.20 (it can cover its short-term obligations).
How much goodwill does Smith & Wesson Brands have?
Smith & Wesson Brands carried $21.0 million of goodwill and intangible assets, 4.1% of total assets, at the end of fiscal 2026.