Filing Flows › Smith & Wesson Brands (SWBI) › Q3 FY26
Smith & Wesson Brands (SWBI) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Mar 5, 2026
Smith & Wesson Brands (SWBI) reported revenue of $136M for the third quarter fiscal 2026 (Q3 FY26), +17% from a year earlier and +9% from the quarter before. Operating margin was 4.9%, net earnings $3.8M (2.8% of revenue).
Smith & Wesson Brands, Q3 FY26: revenue $136M (+17% year over year), operating margin 4.9%, net earnings $3.8M, operating cash flow $20.5M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $136M | +9% | +17% |
| Gross profit | $35.6M | +17% | +27% |
| Operating profit | $6.7M | +63% | +41% |
| Net earnings | $3.8M | +96% | +79% |
| Operating cash flow | $20.5M | -25% | — |
| Free cash flow | $16.8M | +3% | — |
What changed
Revenue was $135.7M in Q3 FY26, up 17% year over year and up 9% from the previous quarter.
Gross margin was 26.2%, up 2.1 points from Q3 FY25. Operating profit was $6.7M, a 4.9% margin (up 0.9 points year over year). Of the extra revenue versus Q3 FY25, 10% reached operating profit, above the 4% margin then. Operating expenses grew 24% against revenue growth of 17%. Net earnings were $3.8M, up 79% year over year. The effective tax rate was 30.1%.
Operating cash flow was $20.5M, 545% of net earnings. Non-cash charges added back $7.2M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items added $7.1M. Capital expenditures of $3.6M left free cash flow of $16.8M.
Questions
What was Smith & Wesson Brands' revenue in the third quarter fiscal 2026?
Smith & Wesson Brands (SWBI) reported revenue of $136M for the third quarter fiscal 2026 (Q3 FY26), +17% from a year earlier and +9% from the quarter before.
Was Smith & Wesson Brands profitable in the third quarter fiscal 2026?
Operating profit was $6.7M (4.9% of revenue) and net earnings $3.8M.