Management highlighted sequential revenue recovery and improved operating margins driven by product mix and service offerings; they urged investors to review the filing notes for details on sizable non-cash charges recorded this quarter (paraphrase).
— Management (paraphrase)
03Detailed Report
SWBI
Smith Wesson Brands Inc
Period
Q4 2026
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 19, 2026
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Executive Summary
Smith & Wesson Brands reported Q4 2026 revenue of $178.4m, up 54% year-over-year and 31% sequentially, driven by stronger demand and favorable product mix. Gross profit was $53.1m (29.8% gross margin). GAAP operating income was $21.3m (12.0% margin) and net income $16.2m (9.1% margin), or $0.36 diluted EPS. Reported EBITDA was negative ($33.4m); this outcome and the large $40.2m depreciation and amortization charge materially affect cash‑flow proxies and require review of the filing notes. Interest expense was immaterial. The quarter shows a rebound in top-line and operating profitability versus prior quarters, but the elevated non‑cash charges and absence of line-item cash flow / balance sheet detail in the summary require investors to review the 10‑Q notes for impairment, amortization schedules and working capital dynamics before drawing conclusions on free cash flow and leverage.
Key Performance Indicators
Revenue
Increasing
178.39M
QoQ: 31.45% | YoY: 53.94%
Gross Profit
Increasing
53.09M
29.76% margin
QoQ: 49.17% | YoY: 89.97%
Operating Income
Increasing
21.34M
QoQ: 227.07% | YoY: 417.36%
Net Income
Increasing
16.22M
QoQ: 332.24% | YoY: 875.47%
EPS
Increasing
0.36
QoQ: 326.54% | YoY: 852.38%
Revenue Trend
Margin Analysis
Financial Highlights
Reporting currency: USD. Q4 2026 highlights: Revenue $178.388m (+53.9% YoY, +31.5% QoQ). Gross profit $53.090m; gross margin 29.76%. Operating income $21.341m; operating margin 11.96%. Net income $16.222m; net margin 9.09%. Diluted EPS $0.36. EBITDA (reported) -$33.432m; depreciation & amortization reported at $40.171m (non-cash). SG&A $29.075m; R&D $2.452m. Interest expense effectively nominal at -$0.693m; income tax expense $4.572m (~22% effective tax rate).
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
178.39M
53.94%
31.45%
Gross Profit
53.09M
89.97%
49.17%
Operating Income
21.34M
417.36%
227.07%
Net Income
16.22M
875.47%
332.24%
EPS
0.36
852.38%
326.54%
Key Financial Ratios
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