Smith & Wesson Brands, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $523.8M | $474.7M | $535.8M | $479.2M | $864.1M | $1.06B | $529.6M | $481.3M |
| Cost of Revenue | $382.7M | $347.5M | $377.7M | $324.7M | $489.6M | $610.2M | $363.9M | $335.1M |
| Gross Profit | $141.1M | $127.2M | $158.1M | $154.5M | $374.6M | $449.0M | $165.7M | $146.3M |
| Gross Margin | 26.9% | 26.8% | 29.5% | 32.2% | 43.3% | 42.4% | 31.3% | 30.4% |
| Operating Expenses | ||||||||
| Research & Development | $10.3M | $9.6M | $7.3M | $7.6M | $7.3M | $7.5M | $7.4M | $8.0M |
| SG&A Expense | $60.0M | $54.9M | $63.1M | $61.6M | $72.5M | $79.3M | $66.0M | $67.1M |
| Operating Income | $29.2M | $23.9M | $47.1M | $48.4M | $251.7M | $319.6M | $50.3M | $43.5M |
| Operating Margin | 5.6% | 5.0% | 8.8% | 10.1% | 29.1% | 30.2% | 9.5% | 9.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $25.1M | $19.2M | $51.7M | $48.2M | $252.4M | $318.0M | $39.2M | $34.2M |
| Income Tax Expense | $6.6M | $5.8M | $10.4M | $11.4M | $57.9M | $74.4M | $11.5M | $9.3M |
| Net Income | $18.5M | $13.4M | $41.4M | $36.9M | $194.5M | $252.0M | $-61.2M | $18.4M |
| Net Margin | 3.5% | 2.8% | 7.7% | 7.7% | 22.5% | 23.8% | -11.6% | 3.8% |
| EPS (Basic) | $0.42 | $0.30 | $0.90 | $0.80 | $4.12 | $4.62 | $-1.11 | $0.34 |
| EPS (Diluted) | $0.41 | $0.30 | $0.89 | $0.80 | $4.08 | $4.55 | $-1.10 | $0.33 |
| Shares Outstanding (Basic) | 44.4K | 44.5K | 45.8M | 45.8M | 47.2M | 54.6M | 55.0M | 54.5M |
| Shares Outstanding (Diluted) | 44.9K | 44.9K | 46.2M | 46.2M | 47.7M | 55.4M | 55.7M | 55.2M |
| Dividends Per Share | $0.52 | $0.52 | $0.48 | $0.40 | $0.32 | — | — | — |