Filing Flows › Smith & Wesson Brands (SWBI) › Q3 FY25
Smith & Wesson Brands (SWBI) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Mar 6, 2025
Smith & Wesson Brands (SWBI) reported revenue of $116M for the third quarter fiscal 2025 (Q3 FY25), -16% from a year earlier and -11% from the quarter before. Operating margin was 3.6%, net earnings $1.7M (1.4% of revenue).
Smith & Wesson Brands, Q3 FY25: revenue $116M (-16% year over year), operating margin 3.6%, net earnings $1.7M, operating cash flow −$9.8M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $116M | -11% | -16% |
| Gross profit | $27.9M | -19% | -29% |
| Operating profit | $4.1M | -41% | -63% |
| Net earnings | $1.7M | -60% | -79% |
| Operating cash flow | −$9.8M | — | — |
What changed
Revenue was $115.9M in Q3 FY25, down 16% year over year and down 11% from the previous quarter.
Gross margin was 24.1%, down 4.6 points from a year earlier. Operating profit was $4.1M, a 3.6% margin (down 4.6 points year over year). Operating expenses fell 15% while revenue fell 16%. Net earnings were $1.7M, down 79% year over year. The effective tax rate was 30.8%.
Operating cash flow was −$9.8M. Non-cash charges added back $7.6M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $21.1M. Capital expenditures of $6.3M exceeded it, leaving free cash flow of −$16.1M.
Questions
What was Smith & Wesson Brands' revenue in the third quarter fiscal 2025?
Smith & Wesson Brands (SWBI) reported revenue of $116M for the third quarter fiscal 2025 (Q3 FY25), -16% from a year earlier and -11% from the quarter before.
Was Smith & Wesson Brands profitable in the third quarter fiscal 2025?
Operating profit was $4.1M (3.6% of revenue) and net earnings $1.7M.