SMITH & WESSON BRANDS, INC.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $903.2m $606.9m $638.3m $678.4m $1.1b $864.1m $479.2m $535.8m $474.7m $523.8m
Cost of Revenue $527.9m $411.1m $412.0m $443.7m $610.2m $489.6m $324.7m $377.7m $347.5m $382.7m
Gross Profit $375.3m $195.8m $226.2m $234.7m $449.0m $374.6m $154.5m $158.1m $127.2m $141.1m
Operating Expenses $175.3m $168.7m $188.2m $283.5m $129.4m $122.9m $106.1m $113.3m $103.3m $111.9m
Operating Income (Loss) $199.9m $27.0m $38.1m ($48.8m) $319.6m $251.7m $48.4m $44.8m $23.9m $29.2m
Additional Financial Items
Amortization of Intangible Assets $20.1m $21.0m $22.0m $19.5m
Goodwill, Impairment Loss $10.4m $98.7m
Income (Loss) from Continuing Operations, Per Basic Share $2 $0 $0 ($1) $4 $4 $1 $1 $0 $0
Income (Loss) from Continuing Operations, Per Diluted Share $2 $0 $0 ($1) $4 $4 $1 $1 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $191.3m $17.6m $28.7m ($59.9m) $318.0m $252.4m $48.2m $49.4m $19.2m $25.1m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $127.9m $243.6m $194.5m $36.9m
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $8.5m $0 $0
Net Income (Loss) Attributable to Parent $127.9m $20.1m $18.4m ($61.2m) $252.0m $194.5m $36.9m $39.6m $13.4m $18.5m
Earnings Per Share, Basic $2.29 $0.37 $0.34 ($1.11) $4.62 $4.12 $0.80 $0.86 $0.30 $0.42
Earnings Per Share, Diluted $2.25 $0.37 $0.33 ($1.11) $4.55 $4.08 $0.80 $0.86 $0.30 $0.41
Common Stock, Dividends, Per Share, Declared $2.29 $0.37 $0.34 ($1.11) $4.62 $4.12 $0.80 $0.48 $0.52 $0.52
Weighted Average Number of Shares Outstanding, Basic 55.9m 54.1m 54.5m 55.0m 54.6m 47.2m 45.8m 45.8m 44k 44k
Weighted Average Number of Shares Outstanding, Diluted 56.9m 54.8m 55.2m 55.0m 55.4m 47.7m 46.2m 46.2m 45k 45k
Other Nonoperating Income (Expense) ($52k) $1.7m $33k $83k $2.3m $2.9m $150k $6.7m ($17k) $669k
Current Income Tax Expense (Benefit) $71.3m $6.3m $11.6m $13.3m $73.9m $60.0m $18.2m $9.0m $8.9m $676k
General and Administrative Expense $115.8m $101.5m $107.7m $98.0m $79.3m $72.5m $61.6m $65.5m $54.9m $60.0m
Marketing and Advertising Expense $37.3m $58.2m $39.2m $47.5m $10.5m $6.6m $10.2m $600k $15.2m $13.7m
Nonoperating Income (Expense) ($8.6m) ($9.4m) ($9.3m) ($11.1m) ($1.7m) $733k ($181k) $4.6m ($4.6m) ($4.1m)
Research and Development Expense $10.2m $11.4m $12.9m $12.4m $7.5m $7.3m $7.5m $7.3m $9.6m $10.3m
Restructuring Costs $7.2m $649k ($402k) ($886k)
Selling and Marketing Expense $49.3m $55.8m $57.3m $74.5m $42.6m $43.2m $37.0m $40.6m $41.3m $41.6m
Income Tax Expense (Benefit) $63.5m ($2.5m) $10.3m $1.3m $74.4m $57.9m $11.3m $9.8m $5.8m $6.6m
Interest Income (Expense), Nonoperating, Net ($8.6m) ($11.2m) ($9.4m) ($11.2m) ($3.9m) ($2.1m) ($331k) ($2.1m) ($4.6m) ($4.8m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.