Smith & Wesson Brands (SWBI) Gross Margin (2010 - 2026)
Smith & Wesson Brands (SWBI) reported Gross Margin of 26.22% for Q1 2026, up 211.0% year-over-year from 8.43% in Q1 2025, and up 7.73% on a QoQ basis from 24.34% in Q4 2025.
Smith & Wesson Brands (SWBI) has 17 years of Gross Margin data on file, last reported at 26.22% in Q1 2026.
- Quarterly Gross Margin rose 211.0% year-over-year to 26.22% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 26.44% (down 259.0% YoY) and the FY2025 annual result came in at 26.79%, down 271.0% from the prior year.
- Gross Margin advanced to 26.22% in Q1 2026 per SWBI's latest filing, from 24.34% 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.
- The 5-year median for Gross Margin is 28.68% (2024), against an average of 30.01%.
- The widest annual swing landed in 2022, when Gross Margin tumbled 1181 bps; it then jumped 652 bps in 2024.
- Tracing SWBI's Gross Margin over 5 years: stood at 32.44% in 2022, then declined by 22 bps to 25.42% in 2023, then grew by 5 bps to 26.61% in 2024, then decreased by 9 bps to 24.34% in 2025, then advanced by 8 bps to 26.22% in 2026.
- Per Business Quant, the three latest SWBI Gross Margin figures stand at 26.22% (Q1 2026), 24.34% (Q4 2025), and 25.95% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 73.52% |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 41.11% |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 11.46% |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 67.40% |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 38.18% |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 34.90% |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 59.39% |
| 10 | Smith & Wesson Brands | 686.62 Mn | 668.20 Mn | 35.59 Mn | 26.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Apr 30, 2021 | 45.15% |
| Jan 31, 2021 | 42.57% |
| Oct 31, 2020 | 40.64% |
| Jul 31, 2020 | 40.20% |
| Apr 30, 2020 | 34.81% |
| Jan 31, 2020 | 28.01% |
| Oct 31, 2019 | 28.41% |
| Jul 31, 2019 | 38.70% |
| Apr 30, 2019 | 36.06% |
| Jan 31, 2019 | 33.37% |
| Oct 31, 2018 | 34.87% |
| Jul 31, 2018 | 37.76% |
| Apr 30, 2018 | 33.37% |
| Jan 31, 2018 | 29.81% |
| Oct 31, 2017 | 34.22% |
| Jul 31, 2017 | 31.49% |
| Apr 30, 2017 | 39.61% |
| Jan 31, 2017 | 42.53% |
| Oct 31, 2016 | 41.80% |
| Jul 31, 2016 | 42.31% |
| Apr 30, 2016 | 41.64% |
| Jan 31, 2016 | 41.11% |
| Oct 31, 2015 | 39.24% |
| Jul 31, 2015 | 39.84% |
| Apr 30, 2015 | 37.10% |
| Jan 31, 2015 | 33.57% |
| Oct 31, 2014 | 32.13% |
| Jul 31, 2014 | 37.25% |
| Apr 30, 2014 | 40.92% |
| Jan 31, 2014 | 40.20% |
| Oct 31, 2013 | 41.59% |
| Jul 31, 2013 | 42.55% |
| Apr 30, 2013 | 38.30% |
| Jan 31, 2013 | 36.65% |
| Oct 31, 2012 | 35.49% |
| Jul 31, 2012 | 37.67% |
| Apr 30, 2012 | 36.09% |
| Jan 31, 2012 | 30.58% |
| Oct 31, 2011 | 26.66% |
| Jul 31, 2011 | 28.91% |
| Apr 30, 2011 | 30.73% |
| Jan 31, 2011 | 24.47% |
| Oct 31, 2010 | 30.43% |
| Jul 31, 2010 | 33.99% |