Filing Flows › Smith & Wesson Brands (SWBI) › How it makes money
How Smith & Wesson Brands (SWBI) makes money
Smith & Wesson Brands (SWBI) made $113M of revenue in the first quarter fiscal 2027 (Q1 FY27), +32% from a year earlier. Of every dollar of revenue, 29¢ was left as gross profit, 4¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $113M | 100.0% |
| Cost of revenue | $80.3M | 71.3% |
| Gross profit | $32.3M | 28.7% |
| Operating expenses | $28.1M | 24.9% |
| Operating profit | $4.2M | 3.7% |
| Income tax | $1.4M | 1.3% |
| Net earnings | $2.6M | 2.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $113M | +32% |
| Q4 FY26 | $178M | +27% |
| Q3 FY26 | $136M | +17% |
| Q2 FY26 | $125M | -4% |
| Q1 FY26 | $85.1M | -4% |
| Q4 FY25 | $141M | -12% |
| Q3 FY25 | $116M | -16% |
From Smith & Wesson Brands' 10-Q filed Sep 3, 2026 (on EDGAR).
Questions
How does Smith & Wesson Brands make money?
Smith & Wesson Brands (SWBI) made $113M of revenue in the first quarter fiscal 2027 (Q1 FY27), +32% from a year earlier. Of every dollar of revenue, 29¢ was left as gross profit, 4¢ was left as operating profit, 2¢ was left as net earnings.
What is Smith & Wesson Brands' profit margin?
Net earnings were $2.6M, 2.3% of revenue, in the first quarter fiscal 2027; the operating margin was 3.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.