Filing Flows › Smith & Wesson Brands (SWBI) › Q1 FY27 › vs Q4 FY26
Smith & Wesson Brands (SWBI) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Smith & Wesson Brands's revenue fell $65.8M (-37%) from $178M in Q4 FY26 to $113M in Q1 FY27. Gross margin 28.7% against 29.8% (-1.1 pts).
Smith & Wesson Brands, Q1 FY27: revenue $113M (+32% year over year), operating margin 3.7%, net earnings $2.6M, operating cash flow −$8.8M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 28.7% | 29.8% | -1.1 pts |
| Operating margin | 3.7% | 12.0% | -8.2 pts |
| Net margin | 2.3% | 9.1% | -6.8 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $113M | $178M | −$65.8M | -37% |
| Gross profit | $32.3M | $53.1M | −$20.8M | -39% |
| Cost of revenue | $80.3M | $125M | −$45.0M | -36% |
| Operating profit | $4.2M | $21.3M | −$17.1M | -80% |
| Operating expenses | $28.1M | $31.7M | −$3.7M | -12% |
| Pre-tax earnings | $4.0M | $20.8M | −$16.8M | -81% |
| Research & development | $2.6M | $2.5M | $105K | +4% |
| Sales & marketing | $10.2M | $11.3M | −$1.2M | -10% |
| General & admin | $15.3M | $17.7M | −$2.4M | -14% |
| Net earnings | $2.6M | $16.2M | −$13.6M | -84% |
| Income tax | $1.4M | $4.6M | −$3.1M | -69% |
| Operating cash sources | $20.9M | −$48.8M | $69.7M | — |
| Depreciation & amortization | $7.7M | $7.6M | $96K | +1% |
| Share-based compensation | $1.8M | $2.0M | −$173K | -9% |
| Cash used in operations | $8.8M | −$74.6M | $83.4M | — |
| Working capital & other | $20.9M | −$48.8M | $69.7M | — |
Questions
How much did Smith & Wesson Brands's revenue grow quarter over quarter in Q1 FY27?
Smith & Wesson Brands's revenue fell $65.8M (-37%) from $178M in Q4 FY26 to $113M in Q1 FY27. Gross margin 28.7% against 29.8% (-1.1 pts).