Smith & Wesson Brands, Inc. income statement
In fiscal 2026, Smith & Wesson Brands, Inc. reported revenue of $524m, up 10.4% on the year before, operating income of $29.2m (a 5.6% margin) and net income of $18.5m, or $0.41 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Apr 2010 | 2011Apr 2011 | 2012Apr 2012 | 2013Apr 2013 | 2014Apr 2014 | 2015Apr 2015 | 2016Apr 2016 | 2017Apr 2017 | 2018Apr 2018 | 2019Apr 2019 | 2020Apr 2020 | 2021Apr 2021 | 2022Apr 2022 | 2023Apr 2023 | 2024Apr 2024 | 2025Apr 2025 | 2026Apr 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 358 | 342 | 412 | 588 | 627 | 552 | 723 | 903 | 607 | 481 | 530 | 1,059 | 864 | 479 | 536 | 475 | 524 | 551 |
| Cost of revenue | 238 | 238 | 284 | 369 | 368 | 357 | 429 | 528 | 411 | 335 | 364 | 610 | 490 | 325 | 378 | 347 | 383 | 400 |
| Gross profit | 119 | 105 | 128 | 218 | 259 | 195 | 294 | 375 | 196 | 146 | 166 | 449 | 375 | 155 | 158 | 127 | 141 | 151 |
| Research and development | 4 | 4 | 5 | 5 | 6 | 7 | 10 | 10 | 11 | 8 | 7 | 7 | 7 | 8 | 7 | 10 | 10 | 10 |
| Selling and marketing | 31 | 35 | 31 | 30 | 34 | 36 | 42 | 49 | 56 | 28 | 42 | 43 | 43 | 37 | 41 | 41 | 42 | 43 |
| General and administrative | 44 | 48 | 47 | 50 | 69 | 62 | 83 | 116 | 102 | 67 | 66 | 79 | 72 | 62 | 63 | 55 | 60 | 62 |
| Operating income | 40 | 18 | 45 | 133 | 151 | 90 | 159 | 200 | 27 | 44 | 50 | 320 | 252 | 48 | 47 | 24 | 29 | 36 |
| Interest expense | 5 | 6 | 7 | 6 | 12 | 11 | 14 | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 36 | 14 | 39 | 128 | 137 | 79 | 145 | 191 | 18 | 34 | 39 | 318 | 252 | 48 | 52 | 19 | 25 | 33 |
| Income tax | 14 | 5 | 13 | 47 | 48 | 29 | 51 | 63 | −3 | 9 | 12 | 74 | 58 | 11 | 10 | 6 | 7 | 9 |
| Net income | 33 | −83 | 16 | 79 | 89 | 50 | 94 | 128 | 20 | 18 | −61 | 252 | 194 | 37 | 41 | 13 | 18 | 24 |
| Diluted EPS | — | −$1.30 | $0.25 | $1.18 | $1.49 | $0.90 | $1.68 | $2.25 | $0.37 | $0.33 | −$1.10 | $4.55 | $4.08 | $0.80 | $0.89 | $0.30 | $0.41 | — |
| Diluted shares (average) | 65m | 64m | 67m | 67m | 60m | 55m | 56m | 57m | 55m | 55m | 56m | 55m | 48m | 46m | 46m | 45m | 45m | — |
| EBITDA | 54 | 31 | 60 | 150 | 173 | 121 | 200 | 250 | 79 | 73 | 82 | 351 | 282 | 80 | 80 | 56 | 61 | 67 |
| Quarter | 2025 Q2Oct 2024 | 2025 Q3Jan 2025 | 2025 Q4Apr 2025 | 2026 Q1Jul 2025 | 2026 Q2Oct 2025 | 2026 Q3Jan 2026 | 2026 Q4Apr 2026 | 2027 Q1Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 130 | 116 | 141 | 85 | 125 | 136 | 178 | 113 |
| Cost of revenue | 95 | 88 | 100 | 63 | 94 | 100 | 125 | 80 |
| Gross profit | 35 | 28 | 41 | 22 | 30 | 36 | 53 | 32 |
| Research and development | 2 | 3 | 2 | 3 | 2 | 2 | 2 | 3 |
| Selling and marketing | 10 | 10 | 11 | 9 | 10 | 11 | 11 | 10 |
| General and administrative | 15 | 12 | 14 | 13 | 13 | 15 | 18 | 15 |
| Operating income | 8 | 5 | 13 | −3 | 4 | 7 | 21 | 4 |
| Income before tax | 6 | 3 | 12 | −4 | 3 | 5 | 21 | 4 |
| Income tax | 2 | 1 | 4 | −1 | 1 | 2 | 5 | 1 |
| Net income | 5 | 2 | 9 | −3 | 2 | 4 | 16 | 3 |
| Diluted EPS | $0.10 | $0.05 | $0.19 | −$0.08 | $0.04 | $0.08 | $0.36 | $0.06 |
| EBITDA | 16 | 12 | 21 | 5 | 12 | 14 | 29 | 12 |
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