Growth Metrics

Smith & Wesson Brands (SWBI) Research & Development (2010 - 2026)

Smith & Wesson Brands (SWBI) reported Research & Development of $2.4 million for Q1 2026, down 15.93% year-over-year from $2.9 million in Q1 2025, and down 0.86% on a QoQ basis from $2.4 million in Q4 2025.

Smith & Wesson Brands (SWBI) has 17 years of Research & Development data on file, last reported at $2.4 million in Q1 2026.

  • Quarterly Research & Development fell 15.93% year-over-year to $2.4 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $9.8 million (up 4.64% YoY) and the FY2025 annual result came in at $9.6 million, up 31.81% from the prior year.
  • Research & Development retreated to $2.4 million in Q1 2026 per SWBI's latest filing, from $2.4 million in the prior quarter.
  • Across five years, Research & Development topped out at $3.0 million in Q3 2025 and bottomed at $1.7 million in Q3 2022.
  • The 5-year median for Research & Development is $2.0 million (2024), against an average of $2.1 million.
  • The widest annual swing landed in 2025, when Research & Development jumped 45.71%; it then retreated 15.93% in 2026.
  • Tracing SWBI's Research & Development over 5 years: stood at $1.9 million in 2022, then declined by 7.76% to $1.7 million in 2023, then grew by 28.83% to $2.2 million in 2024, then grew by 9.55% to $2.4 million in 2025, then dropped by 0.86% to $2.4 million in 2026.
  • Per Business Quant, the three latest SWBI Research & Development figures stand at $2.4 million (Q1 2026), $2.4 million (Q4 2025), and $3.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 440.00 Mn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 627.00 Mn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 903.00 Mn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn -
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 9.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn -
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn 80.51 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn -
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn -
10 Smith & Wesson Brands 686.62 Mn 668.20 Mn 35.59 Mn 2.41 Mn

Historic Data

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DateValue
Jan 31, 2026 2.41 Mn
Oct 31, 2025 2.43 Mn
Jul 31, 2025 3.01 Mn
Apr 30, 2025 1.96 Mn
Jan 31, 2025 2.87 Mn
Oct 31, 2024 2.22 Mn
Jul 31, 2024 2.52 Mn
Apr 30, 2024 1.77 Mn
Jan 31, 2024 1.97 Mn
Oct 31, 2023 1.72 Mn
Jul 31, 2023 1.80 Mn
Apr 30, 2023 1.88 Mn
Jan 31, 2023 2.13 Mn
Oct 31, 2022 1.87 Mn
Jul 31, 2022 1.67 Mn
Apr 30, 2022 1.99 Mn
Jan 31, 2022 1.72 Mn
Oct 31, 2021 1.74 Mn
Jul 31, 2021 1.81 Mn
Apr 30, 2021 1.96 Mn
Jan 31, 2021 1.76 Mn
Oct 31, 2020 1.86 Mn
Jul 31, 2020 1.91 Mn
Apr 30, 2020 1.86 Mn
Jan 31, 2020 1.81 Mn
Oct 31, 2019 1.80 Mn
Jul 31, 2019 3.23 Mn
Apr 30, 2019 -1.35 Mn
Jan 31, 2019 3.30 Mn
Oct 31, 2018 3.25 Mn
Jul 31, 2018 2.81 Mn
Apr 30, 2018 2.68 Mn
Jan 31, 2018 3.15 Mn
Oct 31, 2017 2.75 Mn
Jul 31, 2017 2.79 Mn
Apr 30, 2017 2.62 Mn
Jan 31, 2017 2.76 Mn
Oct 31, 2016 2.70 Mn
Jul 31, 2016 2.15 Mn
Apr 30, 2016 2.39 Mn
Jan 31, 2016 2.52 Mn
Oct 31, 2015 2.70 Mn
Jul 31, 2015 2.40 Mn
Apr 30, 2015 2.11 Mn
Jan 31, 2015 1.90 Mn
Oct 31, 2014 1.47 Mn
Jul 31, 2014 1.46 Mn
Apr 30, 2014 1.53 Mn
Jan 31, 2014 1.46 Mn
Oct 31, 2013 1.31 Mn
Jul 31, 2013 1.36 Mn
Apr 30, 2013 1.40 Mn
Jan 31, 2013 952,000.00
Oct 31, 2012 1.27 Mn
Jul 31, 2012 1.17 Mn
Apr 30, 2012 973,000.00
Jan 31, 2012 992,000.00
Oct 31, 2011 1.24 Mn
Jul 31, 2011 1.34 Mn
Apr 30, 2011 1.26 Mn
Jan 31, 2011 1.21 Mn
Oct 31, 2010 913,000.00
Jul 31, 2010 1.07 Mn