Filing Flows › Smith & Wesson Brands (SWBI) › Q4 FY26
Smith & Wesson Brands (SWBI) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jun 17, 2026
Smith & Wesson Brands (SWBI) reported revenue of $178M for the fourth quarter fiscal 2026 (Q4 FY26), +27% from a year earlier and +31% from the quarter before. Operating margin was 12.0%, net earnings $16.2M (9.1% of revenue).
Smith & Wesson Brands, Q4 FY26: revenue $178M (+27% year over year), operating margin 12.0%, net earnings $16.2M, operating cash flow $74.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $178M | +31% | +27% |
| Gross profit | $53.1M | +49% | +31% |
| Operating profit | $21.3M | +218% | +63% |
| Net earnings | $16.2M | +332% | +88% |
| Operating cash flow | $74.6M | +265% | +83% |
| Free cash flow | $69.7M | +315% | +108% |
What changed
Revenue was $178.4M in Q4 FY26, up 27% year over year and up 31% from the previous quarter.
Gross margin was 29.8%, up 1.0 points from Q4 FY25. Operating profit was $21.3M, a 12.0% margin (up 2.6 points year over year). Of the extra revenue versus Q4 FY25, 22% reached operating profit, above the 9% margin then. Operating expenses grew 16% against revenue growth of 27%. The fastest-growing cost line was General & admin (+27%). Net earnings were $16.2M, up 88% year over year. The effective tax rate was 22.0%.
Operating cash flow was $74.6M (up 83% year over year), 460% of net earnings. Non-cash charges added back $7.6M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items added $48.8M. Capital expenditures of $4.8M left free cash flow of $69.7M.
Questions
What was Smith & Wesson Brands' revenue in the fourth quarter fiscal 2026?
Smith & Wesson Brands (SWBI) reported revenue of $178M for the fourth quarter fiscal 2026 (Q4 FY26), +27% from a year earlier and +31% from the quarter before.
Was Smith & Wesson Brands profitable in the fourth quarter fiscal 2026?
Operating profit was $21.3M (12.0% of revenue) and net earnings $16.2M.