Smith & Wesson Brands, Inc. logo

Smith & Wesson Brands, Inc.

SWBI

NASDAQIndustrialsAerospace & Defense

Latest quote

$14.09

+$0.19 · +1.37%

Aug 21, 3:55 PM ET

SWBI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

76

Undervalued

Momentum

62

Gaining

Sentiment

67

Bullish

Risk resilience

55

Elevated Risk

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Company profile

Company website

Smith & Wesson Brands, Inc. (SWBI) is a leading global enterprise engaged in the design, production, and worldwide sale of firearms. Their extensive product range features various handguns, including revolvers and semi-automatic pistols, along with long guns such as contemporary sporting rifles and bolt-action models. The company also offers related accessories like restraints (handcuffs) and sound suppressors, primarily under its well-known Smith & Wesson, M&P, and Gemtech labels. Beyond its core firearm manufacturing, SWBI provides a suite of specialized industrial services to other businesses. These capabilities encompass precision processes like forging, heat treating, rapid prototyping, tool fabrication, various finishing techniques, electroplating, advanced machining, and custom plastic injection molding. These services are delivered under the Smith & Wesson and Smith & Wesson Precision Components brand names. The company also distributes components procured from third-party suppliers. SWBI caters to a broad spectrum of consumers and organizations. Its clientele includes avid firearm enthusiasts, collectors, hunters, sportspersons, and competitive marksmen, as well as individuals seeking personal and home defense solutions. Professional entities such as law enforcement agencies, security firms, and military bodies also form a significant portion of its customer base. The company employs a multi-faceted strategy for product distribution and promotion. This involves sales through independent dealers, a network of retail outlets, and direct-to-consumer channels. Marketing outreach includes comprehensive campaigns across print, broadcast, and digital media, active engagement on social and electronic platforms, and strategic in-store merchandising initiatives. With a rich heritage dating back to its establishment in 1852, Smith & Wesson Brands, Inc. maintains its corporate headquarters in Springfield, Massachusetts.

Industry
Aerospace & Defense
Sector
Industrials
Headquarters
US
CEO
Mark Peter Smith
Listed since
Aug 17, 1999
Employees
1,382

Market position

Volume
925.53K
1.52× average
Average volume
607.78K
Average daily volume
Market cap
630.65M USD
Beta
0.89
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
716.99M USD
P/E (TTM)
34.35×
P/B (TTM)
1.67×
P/S (TTM)
1.2×
EV / EBITDA
11.72×
Earnings yield
2.67%
Free cash flow yield
13.06%
Dividend yield
3.69%

Profitability & efficiency

Gross margin
26.94%
Operating margin
5.57%
Net margin
3.53%
Return on equity
4.91%
Return on assets
3.60%
Return on invested capital
4.90%

Financial health

Debt / equity
0.14×
Current ratio
3.2×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends47%31%15%-1%Gross margin, FY2022: 43.35%Gross margin, FY2023: 32.25%Gross margin, FY2024: 29.50%Gross margin, FY2025: 26.79%Gross margin, FY2026: 26.94%Operating margin, FY2022: 29.12%Operating margin, FY2023: 10.10%Operating margin, FY2024: 8.36%Operating margin, FY2025: 5.03%Operating margin, FY2026: 5.57%Net margin, FY2022: 22.51%Net margin, FY2023: 7.69%Net margin, FY2024: 7.39%Net margin, FY2025: 2.83%Net margin, FY2026: 3.53%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 43.35%. Gross margin FY2023 32.25%. Gross margin FY2024 29.50%. Gross margin FY2025 26.79%. Gross margin FY2026 26.94%. Operating margin FY2022 29.12%. Operating margin FY2023 10.10%. Operating margin FY2024 8.36%. Operating margin FY2025 5.03%. Operating margin FY2026 5.57%. Net margin FY2022 22.51%. Net margin FY2023 7.69%. Net margin FY2024 7.39%. Net margin FY2025 2.83%. Net margin FY2026 3.53%.

Income trends

Revenue

523.85M USD+10.36%

Operating income

29.2M USD+22.27%

Net income

18.48M USD+37.66%
Income trends across reported periods949.2M USD608.92M USD268.64M USD−71.65M USDRevenue, FY2022: 864.13M USDRevenue, FY2023: 479.24M USDRevenue, FY2024: 535.83M USDRevenue, FY2025: 474.66M USDRevenue, FY2026: 523.85M USDOperating income, FY2022: 251.65M USDOperating income, FY2023: 48.41M USDOperating income, FY2024: 44.78M USDOperating income, FY2025: 23.88M USDOperating income, FY2026: 29.2M USDNet income, FY2022: 194.49M USDNet income, FY2023: 36.88M USDNet income, FY2024: 39.61M USDNet income, FY2025: 13.43M USDNet income, FY2026: 18.48M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 864.13M USD. Revenue FY2023 479.24M USD. Revenue FY2024 535.83M USD. Revenue FY2025 474.66M USD. Revenue FY2026 523.85M USD. Operating income FY2022 251.65M USD. Operating income FY2023 48.41M USD. Operating income FY2024 44.78M USD. Operating income FY2025 23.88M USD. Operating income FY2026 29.2M USD. Net income FY2022 194.49M USD. Net income FY2023 36.88M USD. Net income FY2024 39.61M USD. Net income FY2025 13.43M USD. Net income FY2026 18.48M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue523.85M USD474.66M USD535.83M USD479.24M USD864.13M USD
Cost of goods sold382.74M USD347.48M USD377.74M USD324.71M USD489.56M USD
Gross profit141.1M USD127.18M USD158.09M USD154.54M USD374.56M USD
Research and development10.3M USD9.57M USD7.27M USD7.55M USD7.26M USD
Selling, general, and administrative101.6M USD96.25M USD106.05M USD98.58M USD115.65M USD
Operating expenses111.9M USD103.3M USD113.31M USD106.13M USD122.91M USD
Interest expense4.81M USD4.62M USD2.06M USD331K USD2.14M USD
Depreciation and amortization31.31M USD31.85M USD32.56M USD31.35M USD29.98M USD
Operating income29.2M USD23.88M USD44.78M USD48.41M USD251.65M USD
Net income18.48M USD13.43M USD39.61M USD36.88M USD194.49M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 4 misses, 3 met estimates
Average EPS surprise
-30.00%
11 comparable reports
Latest EPS result
0.36
Estimate 0.23 · Beat by 60.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.40.230.05-0.12Q4 '24MissQ1 '25MetQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 5, 2024: actual 0.11, estimate 0.16, surprise -31.25%, Miss. Q1 2025, reported Mar 6, 2025: actual 0.02, estimate 0.02, surprise 0.00%, Met estimate. Q2 2025, reported Jun 18, 2025: actual 0.2, estimate 0.23, surprise -13.04%, Miss. Q3 2025, reported Sep 4, 2025: actual -0.08, estimate 0.02, surprise -500.00%, Miss. Q4 2025, reported Dec 4, 2025: actual 0.04, estimate 0.05, surprise -20.00%, Miss. Q1 2026, reported Mar 5, 2026: actual 0.08, estimate 0.045, surprise +77.78%, Beat. Q2 2026, reported Jun 17, 2026: actual 0.36, estimate 0.225, surprise +60.00%, Beat. Q3 2026, reported Sep 3, 2026: actual —, estimate -0.055, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates185.85M149.77M113.69M77.61MQ4 '24MissQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 5, 2024: actual 129.68M USD, estimate 158.64M USD, surprise -18.26%, Miss. Q1 2025, reported Mar 6, 2025: actual 115.89M USD, estimate 119.46M USD, surprise -2.99%, Miss. Q2 2025, reported Jun 18, 2025: actual 140.76M USD, estimate 152.41M USD, surprise -7.64%, Miss. Q3 2025, reported Sep 4, 2025: actual 85.08M USD, estimate 121.25M USD, surprise -29.83%, Miss. Q4 2025, reported Dec 4, 2025: actual 124.67M USD, estimate 125.59M USD, surprise -0.73%, Miss. Q1 2026, reported Mar 5, 2026: actual 135.71M USD, estimate 125.59M USD, surprise +8.06%, Beat. Q2 2026, reported Jun 17, 2026: actual 178.39M USD, estimate 155.27M USD, surprise +14.89%, Beat. Q3 2026, reported Sep 3, 2026: actual —, estimate 98.7M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$16.50

17.02% upside
Past 12 months12-month forecastHigh $16.50Average $16.50Low $16.50

Rating distribution

4 ratings

Limited analyst sample: 4 ratings. Interpret the distribution with caution.

Strong buy00%
Buy250%
Hold250%
Sell00%
Strong sell00%

SWBI peers

ETFs holding SWBI

Funds reporting this stock among their holdings, ordered by reported position size.

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