Smith & Wesson Brands annual gross margin
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Smith & Wesson Brands Gross Margin Growth & History (SWBI)
Smith & Wesson Brands's gross margin was 26.94% for fiscal 2026.
View full Smith & Wesson Brands company overviewSmith & Wesson Brands annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-04-30 | 26.94% | +0.14 pp |
| 2025 | 2025-04-30 | 26.79% | −2.71 pp |
| 2024 | 2024-04-30 | 29.50% | −2.74 pp |
| 2023 | 2023-04-30 | 32.25% | −11.10 pp |
| 2022 | 2022-04-30 | 43.35% | +0.96 pp |
| 2021 | 2021-04-30 | 42.39% | +11.10 pp |
| 2020 | 2020-04-30 | 31.28% | +0.89 pp |
| 2019 | 2019-04-30 | 30.39% | −1.87 pp |
| 2018 | 2018-04-30 | 32.26% | −9.29 pp |
| 2017 | 2017-04-30 | 41.55% | +0.91 pp |
| 2016 | 2016-04-30 | 40.64% | +5.32 pp |
| 2015 | 2015-04-30 | 35.32% | −6.03 pp |
| 2014 | 2014-04-30 | 41.35% | +4.23 pp |
| 2013 | 2013-04-30 | 37.12% | +6.07 pp |
| 2012 | 2012-04-30 | 31.05% | +0.46 pp |
| 2011 | 2011-04-30 | 30.59% | −2.79 pp |
| 2010 | 2010-04-30 | 33.38% | — |
Smith & Wesson Brands quarterly gross margin
Q1.11
Q2.11
Q3.11
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Q1.13
Q2.13
Q3.13
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Q2.14
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Q2.18
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Q1.19
Q2.19
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Q3.21
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Q1.22
Q2.22
Q3.22
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Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
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Q1.25
Q2.25
Q3.25
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Q1.26
Q2.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-04-30 | 29.76% | +0.96 pp |
| Q3 2026 | 2026-01-31 | 26.22% | +2.11 pp |
| Q2 2026 | 2025-10-31 | 24.34% | −2.26 pp |
| Q1 2026 | 2025-07-31 | 25.95% | −1.43 pp |
| Q4 2025 | 2025-04-30 | 28.80% | −6.70 pp |
| Q3 2025 | 2025-01-31 | 24.12% | −4.56 pp |
| Q2 2025 | 2024-10-31 | 26.61% | +1.19 pp |
| Q1 2025 | 2024-07-31 | 27.38% | +0.77 pp |
| Q4 2024 | 2024-04-30 | 35.50% | +6.52 pp |
| Q3 2024 | 2024-01-31 | 28.68% | −3.75 pp |
| Q2 2024 | 2023-10-31 | 25.42% | −7.02 pp |
| Q1 2024 | 2023-07-31 | 26.61% | −10.68 pp |
| Q4 2023 | 2023-04-30 | 28.98% | −10.85 pp |
| Q3 2023 | 2023-01-31 | 32.43% | −7.18 pp |
| Q2 2023 | 2022-10-31 | 32.44% | −11.81 pp |
| Q1 2023 | 2022-07-31 | 37.29% | −10.03 pp |
| Q4 2022 | 2022-04-30 | 39.84% | −5.31 pp |
| Q3 2022 | 2022-01-31 | 39.61% | −2.96 pp |
| Q2 2022 | 2021-10-31 | 44.25% | +3.62 pp |
| Q1 2022 | 2021-07-31 | 47.32% | +7.11 pp |
| Q4 2021 | 2021-04-30 | 45.15% | +14.91 pp |
| Q3 2021 | 2021-01-31 | 42.57% | +14.56 pp |
| Q2 2021 | 2020-10-31 | 40.64% | +12.22 pp |
| Q1 2021 | 2020-07-31 | 40.20% | +1.51 pp |
| Q4 2020 | 2020-04-30 | 30.24% | +118.48 pp |
| Q3 2020 | 2020-01-31 | 28.01% | −5.36 pp |
| Q2 2020 | 2019-10-31 | 28.41% | −6.46 pp |
| Q1 2020 | 2019-07-31 | 38.70% | +0.94 pp |
| Q4 2019 | 2019-04-30 | −88.24% | −121.61 pp |
| Q3 2019 | 2019-01-31 | 33.37% | +3.56 pp |
| Q2 2019 | 2018-10-31 | 34.87% | +0.65 pp |
| Q1 2019 | 2018-07-31 | 37.76% | +6.27 pp |
| Q4 2018 | 2018-04-30 | 33.37% | −6.24 pp |
| Q3 2018 | 2018-01-31 | 29.81% | −12.72 pp |
| Q2 2018 | 2017-10-31 | 34.22% | −7.57 pp |
| Q1 2018 | 2017-07-31 | 31.49% | −10.82 pp |
| Q4 2017 | 2017-04-30 | 39.61% | −2.03 pp |
| Q3 2017 | 2017-01-31 | 42.53% | +1.42 pp |
| Q2 2017 | 2016-10-31 | 41.80% | +2.55 pp |
| Q1 2017 | 2016-07-31 | 42.31% | +2.47 pp |
| Q4 2016 | 2016-04-30 | 41.64% | +4.54 pp |
| Q3 2016 | 2016-01-31 | 41.11% | +7.54 pp |
| Q2 2016 | 2015-10-31 | 39.24% | +7.12 pp |
| Q1 2016 | 2015-07-31 | 39.84% | +2.59 pp |
| Q4 2015 | 2015-04-30 | 37.10% | −3.83 pp |
| Q3 2015 | 2015-01-31 | 33.57% | −6.64 pp |
| Q2 2015 | 2014-10-31 | 32.13% | −9.47 pp |
| Q1 2015 | 2014-07-31 | 37.25% | −5.30 pp |
| Q4 2014 | 2014-04-30 | 40.92% | +2.63 pp |
| Q3 2014 | 2014-01-31 | 40.20% | +3.56 pp |
| Q2 2014 | 2013-10-31 | 41.59% | +6.10 pp |
| Q1 2014 | 2013-07-31 | 42.55% | +4.88 pp |
| Q4 2013 | 2013-04-30 | 38.30% | +2.27 pp |
| Q3 2013 | 2013-01-31 | 36.65% | +6.07 pp |
| Q2 2013 | 2012-10-31 | 35.49% | +8.83 pp |
| Q1 2013 | 2012-07-31 | 37.67% | +8.76 pp |
| Q4 2012 | 2012-04-30 | 36.03% | +3.36 pp |
| Q3 2012 | 2012-01-31 | 30.58% | +6.11 pp |
| Q2 2012 | 2011-10-31 | 26.66% | −3.77 pp |
| Q1 2012 | 2011-07-31 | 28.91% | −5.08 pp |
| Q4 2011 | 2011-04-30 | 32.67% | — |
| Q3 2011 | 2011-01-31 | 24.47% | — |
| Q2 2011 | 2010-10-31 | 30.43% | — |
| Q1 2011 | 2010-07-31 | 33.99% | — |
Smith & Wesson Brands gross margin trends
Over the last five reported fiscal years, Smith & Wesson Brands's gross margin decreased from 42.39% to 26.94%, a change of −15.45 percentage points. The latest reported quarter, Q4 2026, shows 29.76%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Smith & Wesson Brands filings at SEC.gov ↗