Smith & Wesson Brands (SWBI) Gross Margin (2010 - 2026)
Smith & Wesson Brands' Gross Margin was 28.66% in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 2.72 percentage points from 25.95% a year earlier but down 1.10 percentage points from the prior quarter.
Smith & Wesson Brands (SWBI) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Smith & Wesson Brands' Gross Margin was 27.44% through Jul 31, 2026, up 0.91 percentage points year-over-year; for FY2026 (ended Apr 30, 2026), it came in at 26.94%, up 0.14 percentage points from FY2025.
- Gross Margin shows a five-year change of -15.45 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 26.79% in FY2025 (-2.71 pp), 29.50% in FY2024 (-2.74 pp), 32.25% in FY2023 (-11.10 pp) and 43.35% in FY2022 (+0.96 pp).
- Quarterly Gross Margin has moved between 24.12% (fiscal Q3 2025) and 44.25% (fiscal Q2 2022) over five years.
- Compared with a year earlier, Gross Margin has increased for three straight quarters, with an average year-over-year change of -1.00 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2024 (a gain of 6.52 percentage points); the worst was fiscal Q2 2023 (a drop of 11.81 percentage points).
- Per Business Quant data, SWBI's Gross Margin in the three fiscal quarters before Q1 2027 was 29.76% (Q4 2026), 26.22% (Q3 2026) and 24.34% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 17.40 Bn | 14.99 Bn | 1.07 Bn | 65.64% |
| 2 | Hasbro | 16.82 Bn | 11.78 Bn | 1.21 Bn | 75.88% |
| 3 | Acushnet Holdings | 5.01 Bn | 4.73 Bn | 321.99 Mn | 49.59% |
| 4 | Mattel | 4.46 Bn | 1.13 Bn | 542.12 Mn | 48.17% |
| 5 | YETI Holdings | 3.32 Bn | 2.78 Bn | 322.52 Mn | 66.66% |
| 6 | Callaway Golf | 3.06 Bn | 945.58 Mn | 226.70 Mn | 51.89% |
| 7 | Peloton Interactive | 2.55 Bn | -2.31 Bn | 342.60 Mn | 61.27% |
| 8 | Sturm Ruger | 813.81 Mn | 397.26 Mn | 30.52 Mn | 20.68% |
| 9 | Smith & Wesson Brands | 673.01 Mn | 585.27 Mn | 32.27 Mn | 28.66% |
| 10 | Unusual Machines | 660.29 Mn | -245.74 Mn | 4.92 Mn | 35.36% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 28.66% |
| 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% |
Smith & Wesson Brands Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SWBI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SWBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SWBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();