Smith & Wesson Brands (SWBI) Gross Margin (2010 - 2026)
Smith & Wesson Brands' (SWBI) quarterly Gross Margin came in at 28.66% in Q3 2026, up 272.0% year-over-year from 7.7% in Q3 2025, and down 3.69% quarter-over-quarter from 29.76% in Q2 2026.
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Smith & Wesson Brands (SWBI) Gross Margin (2010 - 2026) Analysis & Trends
Smith & Wesson Brands (SWBI) has reported Gross Margin for 17 consecutive years, with 28.66% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Gross Margin rose 272.0% year-over-year to 28.66% in Q3 2026; TTM through Jul 2026 was 27.44%, a 91.0% increase from a year earlier, with the FY2026 full-year figure at 26.94%, up 14.0% from the prior year.
- Gross Margin was 28.66% for Q3 2026 at Smith & Wesson Brands, down from 29.76% in the prior quarter.
- Over five years, Gross Margin peaked at 39.84% in Q2 2022 and troughed at 24.12% in Q1 2025.
- A 5-year average of 29.93% and a median of 28.68% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 1181 bps in 2022 and surged 652 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 32.44% in 2022, then fell by 22 bps to 25.42% in 2023, then increased by 5 bps to 26.61% in 2024, then slipped by 9 bps to 24.34% in 2025, then grew by 18 bps to 28.66% in 2026.
- The last three Gross Margin figures came in at 28.66% (Q3 2026), 29.76% (Q2 2026), and 26.22% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 16.47 Bn | 15.77 Bn | 1.07 Bn | 65.64% |
| 2 | Acushnet Holdings | 5.08 Bn | 5.01 Bn | 445.83 Mn | 54.37% |
| 3 | YETI Holdings | 2.98 Bn | 2.92 Bn | 322.52 Mn | 66.66% |
| 4 | Callaway Golf | 2.84 Bn | 2.56 Bn | 306.70 Mn | 50.10% |
| 5 | Peloton Interactive | 2.37 Bn | 1.16 Bn | 344.40 Mn | 56.67% |
| 6 | Unusual Machines | 1.19 Bn | 910.87 Mn | 5.80 Mn | 34.70% |
| 7 | Sturm Ruger | 615.64 Mn | 498.18 Mn | 33.74 Mn | 21.35% |
| 8 | Smith & Wesson Brands | 577.98 Mn | 559.28 Mn | 32.27 Mn | 28.66% |
| 9 | Johnson Outdoors | 485.28 Mn | 310.04 Mn | 85.94 Mn | 45.29% |
| 10 | Escalade | 287.30 Mn | 270.91 Mn | 15.11 Mn | 26.19% |
Historic Data
Download Data
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% |