
Smith & Wesson Brands Income Statement 2026-2009 | SWBI
Brief overview of financial results at Smith & Wesson Brands
The comparison covers a five-year financial horizon. Revenue at Smith & Wesson Brands moved from 1.1 billion dollars in 2021 to 524 million dollars in 2026. The total change was −50.5%, with a CAGR of approximately −13.1%. The negative rate indicates weakening core operations.
Gross profit was 449 million dollars at the start and 141 million dollars at the end of the period (−68.6%). The relationship between sales and direct costs deteriorated. At the margin level, the figure shifted from 42.4% to 26.9%. The business retained less gross profit from each unit of revenue.
Over the period, EBITDA shifted from 351 million dollars to 60.5 million dollars, a change of −82.8%. Changes in revenue did not translate into comparable EBITDA performance. At the operating-margin level, the figure shifted from 33.2% to 11.6%. The margin contraction indicates weaker operating efficiency.
Over the period, net income shifted from $252 million to $18.5 million (−92.7%). Lower net income weakens the overall financial picture.
Over the period, capitalization shifted from $933 million to $610 thousand (−99.9%). Lower capitalization reflects weaker investor expectations.
Financial takeaway
The results contain several connected negative signals. Caution is warranted because of a lower gross margin, a declining EBITDA margin and a weaker final result. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Smith & Wesson Brands
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
610 K | 388 K | 400 K | 513 K | 528 M | 933 M | 500 M | 367 M | 546 M | 992 M | 1.03 B | 610 M | 716 M | 458 M | 333 M | 161 M | 187 M | - |
Shares |
44.4 K | 44.5 K | 45.8 K | 45.8 K | 47.2 M | 54.6 M | 55 M | 55.2 M | 54.8 M | 56.9 M | 56 M | 54 M | 58.7 M | 65.2 M | 65.2 M | 60.6 M | 58.2 M | - |
Historical Prices |
13.7 | 8.73 | 8.73 | 11.2 | 11.2 | 17.1 | 16.4 | 7.16 | 9.17 | 9.07 | 16.2 | 16.4 | 9.35 | 9.95 | 6.54 | 3.91 | 3.21 | 4.2 |
Net Income |
18.5 M | 13.4 M | 41.4 M | 36.9 M | 194 M | 252 M | -61.2 M | 18.4 M | 20.1 M | 128 M | 94 M | 49.6 M | 89.3 M | 78.7 M | - | -82.8 M | 32.5 M | - |
Revenue |
524 M | 475 M | 536 M | 479 M | 864 M | 1.06 B | 678 M | 638 M | 607 M | 903 M | 723 M | 552 M | 627 M | 588 M | - | 392 M | - | - |
Cost of Revenue |
383 M | 347 M | 378 M | 325 M | 490 M | 610 M | 364 M | 335 M | 411 M | 528 M | 429 M | 357 M | 368 M | 369 M | 284 M | 238 M | 238 M | - |
Gross Profit |
141 M | 127 M | 158 M | 155 M | 375 M | 449 M | 235 M | 226 M | 196 M | 375 M | 294 M | 195 M | 259 M | 218 M | - | 116 M | 119 M | - |
Operating Income |
29.2 M | 23.9 M | 47.1 M | 48.4 M | 252 M | 320 M | 50.3 M | 43.5 M | 27 M | 200 M | 159 M | 89.6 M | 151 M | 133 M | 44.9 M | 17.8 M | 40.1 M | - |
Interest Expense |
669 K | -17 K | 6.67 M | 150 K | 2.87 M | 2.25 M | 495 K | 477 K | 1.74 M | -52 K | 13.7 M | 11.3 M | 12.3 M | 5.78 M | 7.48 M | 5.68 M | 4.82 M | - |
EBITDA |
60.5 M | 55.7 M | 79.7 M | 79.8 M | 282 M | 351 M | 5.24 M | 91.9 M | 79.1 M | 250 M | 200 M | 121 M | 173 M | 150 M | - | 25 M | 53.7 M | - |
Operating Expenses |
112 M | 103 M | 111 M | 106 M | 123 M | 129 M | 185 M | 178 M | 169 M | 175 M | 135 M | 105 M | 108 M | 85.6 M | 83.1 M | 106 M | 79.4 M | - |
General and Administrative Expenses |
60 M | 54.9 M | 63.1 M | 61.6 M | 72.5 M | 79.3 M | 69.5 M | 50.6 M | 74.9 M | 87.8 M | 67.8 M | 26.3 M | 35.4 M | 20.8 M | - | - | 44.4 M | - |
All numbers in USD currency
Quarterly Income Statement Smith & Wesson Brands
| 2026-Q4 | 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
- | 44.5 M | 44.4 M | 44.3 M | 44.5 M | 44 M | 44.3 M | 44.1 M | 44 M | 44.5 M | 45.3 M | 45.6 M | 45.6 M | 46 M | 46.1 M | 46 M | 45.9 M | 45.8 M | 45.7 M | 45.6 M | 55.1 M | 48.1 M | 48.3 M | 49.9 M | 55.1 M | 55.9 M | 55.7 M | 55.4 M | 54.5 M | 54.9 M | 54.9 M | 54.8 M | 54.1 M | 54.4 M | 54.4 M | 54.3 M | 56.3 M | 54 M | 54 M | 53.9 M | 54.9 M | 56.2 M | 56.2 M | 56 M | 53.7 M | 54.4 M | 54.4 M | 54.2 M | 55.6 M | 53.5 M | 53.5 M | 54.8 M | 65.1 M | 59.6 M | 59.6 M | 64.2 M | 64.9 M | 65.9 M | 65.9 M | 65.4 M | 60.2 M | 64.7 M | 64.7 M | 64.5 M |
Net Income |
- | 3.75 M | 1.92 M | -3.41 M | 3.75 M | 1.66 M | -3.41 M | - | 2.1 M | 4.13 M | -1.86 M | - | 7.88 M | 2.5 M | 3.12 M | - | 11.1 M | 9.65 M | 3.31 M | - | 62.4 M | 50.9 M | 128 M | - | 5.73 M | 52.2 M | 101 M | -66.1 M | -5.72 M | 1.29 M | 1.29 M | -2.11 M | 11.4 M | 6.66 M | 6.66 M | 7.64 M | 32.5 M | 3.23 M | 3.23 M | -2.16 M | 31.4 M | 32.5 M | 32.5 M | 32.6 M | 8.12 M | 12.5 M | 12.5 M | 14.4 M | 20.8 M | 5.05 M | 5.05 M | 14.6 M | 14.6 M | 17 M | 17 M | 26.5 M | 4.44 M | 21.2 M | 21.2 M | 17.8 M | -52.8 M | -1.59 M | -1.59 M | 791 K |
Revenue |
- | 136 M | 125 M | 85.1 M | 136 M | 116 M | 85.1 M | - | 116 M | 130 M | 88.3 M | - | 137 M | 125 M | 114 M | - | 129 M | 121 M | 84.4 M | 45.6 M | 178 M | 230 M | 505 M | - | 127 M | 249 M | 479 M | 234 M | 162 M | 114 M | 154 M | 124 M | 157 M | 162 M | 162 M | 172 M | 234 M | 148 M | 148 M | 129 M | 211 M | 234 M | 234 M | 207 M | 131 M | 143 M | 143 M | 148 M | 146 M | 108 M | 108 M | 132 M | 136 M | 139 M | 139 M | 171 M | 98.1 M | 137 M | 137 M | 136 M | 79.2 M | 92.3 M | 92.3 M | 99.2 M |
Cost of Revenue |
- | 100 M | 94.3 M | 63 M | 100 M | 87.9 M | 63 M | - | 87.9 M | 95.1 M | 64.1 M | - | 98.1 M | 93.2 M | 83.8 M | - | 87.2 M | 81.8 M | 52.9 M | - | 148 M | 128 M | 273 M | - | 91.7 M | 148 M | 285 M | - | 108 M | 81.4 M | 104 M | 75.8 M | 110 M | 105 M | 105 M | 86.4 M | 134 M | 97.6 M | 97.6 M | 88.4 M | 124 M | 136 M | 136 M | 119 M | 86.7 M | 87 M | 87 M | 88.9 M | 87.2 M | 73.6 M | 73.6 M | 82.8 M | 86.3 M | 81.4 M | 81.4 M | 98.2 M | 68.1 M | 88.1 M | 88 M | 84.7 M | 59.8 M | 67.7 M | 67.7 M | 71.1 M |
Gross Profit |
- | 35.6 M | 30.3 M | 22.1 M | 35.6 M | 27.9 M | 22.1 M | - | 27.9 M | 34.5 M | 24.2 M | - | 39.4 M | 31.8 M | 30.4 M | - | 41.8 M | 39.3 M | 31.5 M | - | 110 M | 102 M | 232 M | - | 35.7 M | 101 M | 193 M | 81.3 M | 54.1 M | 32.3 M | 50.3 M | 47.9 M | 46.9 M | 56.4 M | 56.4 M | 52.4 M | 99.3 M | 50.8 M | 50.8 M | 40.6 M | 86.7 M | 97.6 M | 97.6 M | 87.6 M | 43.8 M | 56.2 M | 56.2 M | 58.9 M | 58.7 M | 34.8 M | 34.8 M | 49.1 M | 49.9 M | 57.9 M | 57.9 M | 72.8 M | 30 M | 48.5 M | 48.5 M | 51.3 M | 19.4 M | 24.6 M | 24.6 M | 28.1 M |
Operating Income |
- | 6.71 M | 4.12 M | -2.96 M | 6.71 M | 4.12 M | -2.96 M | - | 4.74 M | 6.97 M | -1.53 M | - | 11.3 M | 3.77 M | 4.35 M | - | 14.1 M | 12.5 M | 3.92 M | - | 80.4 M | 65.4 M | 165 M | - | 8.81 M | 64.4 M | 123 M | - | -2.03 M | 3.57 M | 4.88 M | 1.14 M | 5.84 M | 11.3 M | 11.3 M | 13.5 M | 50.2 M | 7.99 M | 7.99 M | -3.2 M | 50.1 M | 52.2 M | 52.2 M | 52.5 M | 15.6 M | 21.8 M | 21.8 M | 29.8 M | 31.1 M | 10.8 M | 10.8 M | 25.8 M | 28 M | 28.8 M | 28.8 M | 48 M | 10.3 M | 26.6 M | 26.6 M | 31.3 M | -1.94 M | 3.43 M | 3.43 M | 3.15 M |
Interest Expense |
- | 185 K | 277 K | 62 K | 185 K | - | 62 K | - | - | -5 K | -6 K | - | -11 K | 141 K | 47 K | - | 840 K | 790 K | 673 K | - | 952 K | 833 K | 1.49 M | - | -10 K | 693 K | 760 K | - | 47 K | 83 K | 86 K | 5 K | 87 K | 8 K | 8 K | -18 K | -8 K | -3 K | -3 K | 1.3 M | 2.14 M | -30 K | -30 K | - | 3.19 M | 2.32 M | 9.57 M | -6 K | 1.77 M | 2.91 M | 2.91 M | 1.98 M | 1.24 M | 2.05 M | 2.05 M | 6.67 M | 1.63 M | 1.34 M | 1.34 M | 1.99 M | 1.45 M | 2.48 M | 2.48 M | 1.94 M |
EBITDA |
- | 30.4 M | 20.6 M | 5.48 M | - | 28 M | 5.48 M | - | - | - | 6.52 M | - | - | - | 13.6 M | - | 14.1 M | 12.5 M | 11.5 M | - | 80.5 M | 89.5 M | 180 M | - | 8.9 M | 64.5 M | 140 M | - | 3.47 M | 43.2 M | 21.4 M | 15.5 M | 11.2 M | 50.1 M | 37.3 M | 26.3 M | 56.1 M | 45.2 M | 34.3 M | 10.6 M | 52.9 M | 83 M | 75.9 M | 62.8 M | 17.2 M | 43 M | 42.8 M | 40.8 M | 31.1 M | 26.8 M | 23.8 M | 25.8 M | 28 M | 40.8 M | 39.9 M | 53.7 M | 10.3 M | 37.9 M | 34.7 M | 35.3 M | -1.94 M | 14.2 M | 12 M | 7.11 M |
Operating Expenses |
- | 28.9 M | 26.2 M | 25 M | 28.9 M | 23.8 M | 25 M | - | 23.2 M | 27.6 M | 25.7 M | - | 28.1 M | 28 M | 26.1 M | - | 27.7 M | 26.7 M | 27.6 M | - | 29.3 M | 36.6 M | 66.7 M | - | 26.9 M | 36.7 M | 70.4 M | - | 56.1 M | 28.7 M | 45.4 M | 46.7 M | 41.1 M | 45.1 M | 45.1 M | 38.9 M | 49.1 M | 42.8 M | 42.8 M | 43.8 M | 36.5 M | 45.5 M | 45.5 M | 35 M | 28.2 M | 34.4 M | 34.4 M | 29.1 M | 27.5 M | 24.1 M | 24 M | 23.3 M | 21.9 M | 29.2 M | 29.2 M | 24.8 M | 19.7 M | 21.8 M | 21.9 M | 20 M | 21.3 M | 21.2 M | 21.2 M | 25 M |
General and Administrative Expenses |
- | 15.5 M | 13.5 M | 13.3 M | 15.5 M | 13 M | 13.3 M | - | 12.4 M | 15.8 M | 13.4 M | - | 16.1 M | 15.3 M | 14.2 M | - | 15.6 M | 15.4 M | 17.9 M | - | 17.1 M | 23.4 M | 41 M | - | 14.6 M | 23.2 M | 45 M | - | 27 M | 16.1 M | 23.1 M | 26.7 M | 21.8 M | 26.5 M | 26.5 M | 24.5 M | 31.3 M | 24.7 M | 24.7 M | 29.3 M | 22.5 M | 30.2 M | 30.2 M | 23.7 M | 16.2 M | 19.2 M | 19.2 M | 17.4 M | 17.2 M | 13.7 M | 13.7 M | 13.9 M | 12.6 M | 20.2 M | 20.2 M | 15.9 M | 10.7 M | 12.5 M | 12.6 M | 12 M | 11.2 M | 11.3 M | 11.3 M | 14.7 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Smith & Wesson Brands (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.