Smith & Wesson Brands, Inc. (SWBI) Income Statement
SWBI FY2026 at a glance
Fiscal year ended April 30, 2026 · U.S. dollarsSWBI revenue and net income
Where SWBI's revenue goes
FY2026Each bar shows an amount and its share of revenue. SWBI kept 3.5% of revenue as net income.
SWBI profit margins
SWBI growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.4% | +3.0% | −13.1% | −3.2% |
| Gross profit | +10.9% | −3.0% | −20.7% | −7.1% |
| Operating income | +22.3% | −15.5% | −38.0% | −15.6% |
| Net income | +37.7% | −20.6% | −40.7% | −15.0% |
| EPS (diluted) | +29.0% | −24.8% | −39.0% | −14.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SWBI quarterly EPS vs estimates
Smith & Wesson Brands beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: December 3, 2026 (estimate $0.08).
SWBI income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $523.8M | $474.7M | $535.8M | $479.2M | $864.1M | $1.06B | $678.4M | $638.3M | $606.9M | $903.2M |
| Cost of revenue | $382.7M | $347.5M | $377.7M | $324.7M | $489.6M | $610.2M | $443.7M | $412.0M | $411.1M | $527.9M |
| Gross profit | $141.1M | $127.2M | $158.1M | $154.5M | $374.6M | $449.0M | $234.7M | $226.2M | $195.8M | $375.3M |
| Research & development | $10.3M | $9.6M | $7.3M | $7.5M | $7.3M | $7.5M | $12.4M | $12.9M | $11.4M | $10.2M |
| Sales, general & admin | $101.6M | $54.9M | $106.0M | $98.6M | $115.6M | $121.9M | $172.5M | $164.9M | $157.3M | $165.1M |
| Total operating expenses | $111.9M | $103.3M | $113.3M | $106.1M | $122.9M | $129.4M | $184.9M | $177.8M | $168.7M | $175.3M |
| Operating income | $29.2M | $23.9M | $44.8M | $48.4M | $251.7M | $319.6M | $49.9M | $38.1M | $27.0M | $199.9M |
| Interest income | — | — | — | — | — | — | $11.2M | $9.4M | $11.2M | $8.6M |
| Interest expense | $4.8M | $4.6M | $2.1M | $331,000 | $2.1M | $3.9M | $11.6M | $9.8M | $11.2M | $8.6M |
| Income before taxes | $25.1M | $19.2M | $49.4M | $48.2M | $252.4M | $318.0M | −$59.9M | $28.7M | $17.6M | $191.3M |
| Income taxes | $6.6M | $5.8M | $9.8M | $11.3M | $57.9M | $74.4M | $1.3M | $10.3M | −$2.5M | $63.5M |
| Net income | $18.5M | $13.4M | $39.6M | $36.9M | $194.5M | $252.0M | −$61.2M | $18.4M | $20.1M | $127.9M |
| EBITDA | $61.2M | $55.7M | $84.0M | $81.2M | $281.6M | $350.3M | $81.6M | $72.1M | $79.8M | $249.2M |
| EPS (diluted) | $0.40 | $0.31 | $0.91 | $0.94 | $4.21 | $4.73 | $0.82 | $0.83 | $0.46 | $2.53 |
| Gross margin | 26.9% | 26.8% | 29.5% | 32.2% | 43.3% | 42.4% | 34.6% | 35.4% | 32.3% | 41.5% |
| Operating margin | 5.6% | 5.0% | 8.4% | 10.1% | 29.1% | 30.2% | 7.4% | 6.0% | 4.5% | 22.1% |
| Net margin | 3.5% | 2.8% | 7.4% | 7.7% | 22.5% | 23.8% | −9.0% | 2.9% | 3.3% | 14.2% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $112.6M | $178.4M | $135.7M | $124.7M | $85.1M | $140.8M | $115.9M | $129.7M | $88.3M | $159.1M | $137.5M | $125.0M |
| Cost of revenue | $80.3M | $125.3M | $100.1M | $94.3M | $63.0M | $100.2M | $87.9M | $95.1M | $64.1M | $102.5M | $97.4M | $93.2M |
| Gross profit | $32.3M | $53.1M | $35.6M | $30.3M | $22.1M | $40.5M | $27.9M | $34.5M | $24.2M | $56.7M | $40.1M | $31.8M |
| Research & development | $2.6M | $2.5M | $2.4M | $2.4M | $3.0M | $2.0M | $2.9M | $2.2M | $2.5M | $1.8M | $2.0M | $1.7M |
| Sales, general & admin | $25.5M | $29.1M | $26.7M | $23.8M | $22.1M | $23.9M | $13.0M | $25.4M | $23.5M | $29.6M | $26.0M | $26.3M |
| Total operating expenses | $28.1M | $31.7M | $29.1M | $26.2M | $25.1M | $25.9M | $23.8M | $27.6M | $26.1M | $31.4M | $28.0M | $28.0M |
| Operating income | $4.2M | $21.6M | $6.5M | $4.1M | −$3.0M | $14.6M | $4.1M | $7.0M | −$1.9M | $25.3M | $12.1M | $3.8M |
| Interest expense | $845,000 | $1.3M | $2.1M | $2.0M | $1.2M | $747,000 | $1.7M | $1.4M | $732,000 | $607,000 | $955,000 | $646,000 |
| Income before taxes | $4.0M | $20.8M | $5.4M | $3.0M | −$4.1M | $13.9M | $2.4M | $5.5M | −$2.6M | $31.3M | $10.3M | $3.3M |
| Income taxes | $1.4M | $4.6M | $1.6M | $1.1M | −$690,000 | $4.2M | $739,000 | $1.4M | −$494,000 | $5.2M | $2.4M | $765,000 |
| Net income | $2.6M | $16.2M | $3.8M | $1.9M | −$3.4M | $9.7M | $1.7M | $4.1M | −$2.1M | $26.1M | $7.9M | $2.5M |
| EBITDA | $11.9M | $29.1M | $13.8M | $12.1M | $5.5M | $22.6M | $11.7M | $15.2M | $6.2M | $40.5M | $19.3M | $12.0M |
| EPS (diluted) | $0.06 | $0.36 | $0.08 | $0.04 | −$0.08 | $0.20 | $0.02 | $0.11 | −$0.02 | $0.45 | $0.19 | $0.14 |
| Gross margin | 28.7% | 29.8% | 26.2% | 24.3% | 25.9% | 28.8% | 24.1% | 26.6% | 27.4% | 35.6% | 29.1% | 25.4% |
| Operating margin | 3.7% | 12.1% | 4.8% | 3.3% | −3.5% | 10.4% | 3.6% | 5.4% | −2.1% | 15.9% | 8.8% | 3.0% |
| Net margin | 2.3% | 9.1% | 2.8% | 1.5% | −4.0% | 6.9% | 1.4% | 3.2% | −2.4% | 16.4% | 5.7% | 2.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SWBI's financial statements (latest annual report filed June 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SWBI financial results
In fiscal year 2026 (ended April 30, 2026), Smith & Wesson Brands reported revenue of $523.8 million, up 10.4% from the year before. It had net income of $18.5 million (up 37.7%), a net profit margin of 3.5%. Diluted earnings per share came to $0.40. Over five years revenue grew at an average rate of −13.1% a year.
See the SWBI stock overview for the latest quote and news, or the SWBI chart for price history and technical indicators.
SWBI income statement FAQ
What is Smith & Wesson Brands's annual revenue?
Smith & Wesson Brands reported total revenue of $523.8 million for fiscal year 2026, which ended on April 30, 2026. That was up 10.4% from $474.7 million the previous year.
Is Smith & Wesson Brands profitable?
Yes. Smith & Wesson Brands reported net income of $18.5 million in fiscal 2026, a net profit margin of 3.5%; its operating margin was 5.6%.
What is Smith & Wesson Brands's gross margin?
Smith & Wesson Brands's gross margin was 26.9% in fiscal 2026: for every $100 of revenue, Smith & Wesson Brands kept $27 after the direct cost of its products and services.
How much does Smith & Wesson Brands spend on research and development?
Smith & Wesson Brands spent $10.3 million on research and development in fiscal 2026, 2.0% of revenue.
How fast is Smith & Wesson Brands growing?
Revenue grew −13.1% a year on average over the last five fiscal years, from $1.1 billion to $523.8 million.
What are Smith & Wesson Brands's earnings per share?
Smith & Wesson Brands earned $0.40 per diluted share in fiscal 2026, compared with $0.31 a year earlier.
When will Smith & Wesson Brands report its next earnings?
Smith & Wesson Brands is expected to report results for the quarter ending October 31, 2026 on December 3, 2026 after the market closes.
When does Smith & Wesson Brands's fiscal year end?
Smith & Wesson Brands's fiscal year ends in April. The latest annual report covers the year ended April 30, 2026 and was filed on June 17, 2026.