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Other financials

Income statement

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Revenue$178.4M+26.7%
Gross profit$53.1M+30.9%
Net income$16.2M+87.9%
EPS (diluted)$0.36+89.5%

Balance sheet

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Cash & equivalents$28.2M+11.7%
Total debt$53.1M-53.8%
Total equity$376.6M+1.1%
Total assets$512.8M-8.4%

Cash flow

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Operating cash flow$74.6M
CapEx$4.8M-33.7%
Free cash flow$69.7M

Valuation

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Market cap$637.36M+78.9%
Enterprise value$662.31M+42.2%
P/E34.5×+4.5×
P/S1.2×+0.5×

Profitability

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Gross margin26.9%+0.1pp
Operating margin5.6%+0.5pp
Net margin3.5%+0.7pp
FCF margin17.3%

Returns & leverage

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Return on equity4.9%+1.5pp
Debt / equity0.1×-0.2×
Current ratio3.2×-1.0×

Where this comes from

Reported directly by Smith & Wesson Brands, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Smith & Wesson Brands, Inc.’s 10-K, filed June 17, 2026.

Filed
Jun 17, 2026, 4:36 PM EDT
Fiscal year
FY2026
Accession
0001193125-26-274254
Line itemFor the Year Ended April 30, 2026For the Year Ended April 30, 2025For the Year Ended April 30, 2024
General and administrative59,99954,93363,133
Gain on sale/disposition of assets, net(9)(2,515)(11)
Total operating expenses111,892103,299110,991
Operating income29,21123,88447,102
Other expense, net:
Other income/(expense), net669(17)6,672
Interest expense, net(4,810)(4,622)(2,055)
Total other (expense)/income, net(4,141)(4,639)4,617

Item 16. Form 10-K Summary

FAQ

What is Smith & Wesson Brands, Inc.'s operating income?
Smith & Wesson Brands, Inc. (SWBI) reported operating income of $21.34M in Q1 2026.
How has Smith & Wesson Brands, Inc.'s operating income changed year-over-year?
Smith & Wesson Brands, Inc.'s operating income increased by 62.6% year-over-year, from $13.13M to $21.34M.
What is the long-term trend for Smith & Wesson Brands, Inc.'s operating income?
Over 4 years (2022 to 2026), Smith & Wesson Brands, Inc.'s operating income has grown at a -41.6% compound annual growth rate (CAGR), from $251.65M to $29.21M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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