Smith & Wesson Brands (SWBI) Gross Margin (2010 - 2026)
Smith & Wesson Brands (SWBI) posted quarterly Gross Margin of 29.76% for Q2 2026, up 96.0% year-over-year from 15.18% in Q2 2025, and up 13.49% quarter-over-quarter from 26.22% in Q1 2026.
Smith & Wesson Brands (SWBI) Gross Margin (2010 - 2026) Analysis & Trends
Smith & Wesson Brands (SWBI) has reported Gross Margin for 17 consecutive years, with 29.76% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 96.0% year-over-year to 29.76%; the TTM figure through Apr 2026 stood at 26.94% (up 14.0% YoY), while the FY2026 annual figure was 26.94%, up 14.0% from the prior year.
- Gross Margin rose to 29.76% in Q2 2026 per SWBI's latest filing, from 26.22% in the prior quarter.
- Across five years, Gross Margin topped out at 39.84% in Q2 2022 and bottomed at 24.12% in Q1 2025.
- Historically, Gross Margin has averaged 30.0% across 5 years, with a median of 28.74% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin sank 1181 bps — and 2024, when it soared 652 bps.
- Smith & Wesson Brands' Gross Margin stood at 32.44% in 2022, then decreased by 22 bps to 25.42% in 2023, then gained by 5 bps to 26.61% in 2024, then declined by 9 bps to 24.34% in 2025, then gained by 22 bps to 29.76% in 2026.
- Business Quant data shows SWBI's Gross Margin at 29.76% in Q2 2026, 26.22% in Q1 2026, and 24.34% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 52.07% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 25.54% |
| 10 | Smith & Wesson Brands | 616.77 Mn | 588.58 Mn | 53.09 Mn | 29.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 29.76% |
| Jan 31, 2026 | 26.22% |
| Oct 31, 2025 | 24.34% |
| Jul 31, 2025 | 25.95% |
| Apr 30, 2025 | 28.80% |
| Jan 31, 2025 | 24.12% |
| Oct 31, 2024 | 26.61% |
| Jul 31, 2024 | 27.38% |
| Apr 30, 2024 | 35.50% |
| Jan 31, 2024 | 28.68% |
| Oct 31, 2023 | 25.42% |
| Jul 31, 2023 | 26.61% |
| Apr 30, 2023 | 28.98% |
| Jan 31, 2023 | 32.43% |
| Oct 31, 2022 | 32.44% |
| Jul 31, 2022 | 37.29% |
| Apr 30, 2022 | 39.84% |
| Jan 31, 2022 | 39.61% |
| Oct 31, 2021 | 44.25% |
| Jul 31, 2021 | 47.32% |