Smith & Wesson Brands (SWBI) Research & Development (2010 - 2026)
Smith & Wesson Brands (SWBI) posted quarterly Research & Development of $33.7 million for Q2 2026, up 266.47% year-over-year from $9.2 million in Q2 2025, and up 202.11% quarter-over-quarter from $11.2 million in Q1 2026.
Smith & Wesson Brands (SWBI) Research & Development (2010 - 2026) Analysis & Trends
Smith & Wesson Brands (SWBI) has reported Research & Development for 17 consecutive years, with $33.7 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 266.47% year-over-year to $33.7 million; the TTM figure through Apr 2026 stood at $56.1 million (up 1163.53% YoY), while the FY2026 annual figure was $41.6 million, up 334.81% from the prior year.
- Research & Development improved to $33.7 million in Q2 2026 per SWBI's latest filing, from $11.2 million in the prior quarter.
- Across five years, Research & Development topped out at $33.7 million in Q2 2026 and bottomed at -$20.3 million in Q2 2025.
- Historically, Research & Development has averaged $6.5 million across 5 years, with a median of $8.4 million in 2022.
- Annual changes were most pronounced in 2024 — Research & Development surged 457.6% — and 2025, when it slumped 314.0%.
- Smith & Wesson Brands' Research & Development stood at $1.9 million in 2022, then decreased by 7.76% to $1.7 million in 2023, then soared by 457.6% to $9.6 million in 2024, then sank by 74.69% to $2.4 million in 2025, then surged by 1287.01% to $33.7 million in 2026.
- Business Quant data shows SWBI's Research & Development at $33.7 million in Q2 2026, $11.2 million in Q1 2026, and $2.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 460.00 Mn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 726.00 Mn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | - |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | - |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | - |
| 10 | Smith & Wesson Brands | 616.77 Mn | 588.58 Mn | 53.09 Mn | 11.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 33.75 Mn |
| Jan 31, 2026 | 11.17 Mn |
| Oct 31, 2025 | 2.43 Mn |
| Jul 31, 2025 | 8.75 Mn |
| Apr 30, 2025 | -20.27 Mn |
| Jan 31, 2025 | 2.87 Mn |
| Oct 31, 2024 | 9.61 Mn |
| Jul 31, 2024 | 2.52 Mn |
| Apr 30, 2024 | 9.47 Mn |
| Jan 31, 2024 | 10.08 Mn |
| Oct 31, 2023 | 1.72 Mn |
| Jul 31, 2023 | 10.04 Mn |
| Apr 30, 2023 | 1.88 Mn |
| Jan 31, 2023 | 2.13 Mn |
| Oct 31, 2022 | 1.87 Mn |
| Jul 31, 2022 | 8.03 Mn |
| Apr 30, 2022 | 9.58 Mn |
| Jan 31, 2022 | 11.52 Mn |
| Oct 31, 2021 | 11.42 Mn |
| Jul 31, 2021 | 10.63 Mn |