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Side-by-side financial comparison of C3.ai, Inc. (AI) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
SMITH & WESSON BRANDS, INC. is the larger business by last-quarter revenue ($124.7M vs $75.1M, roughly 1.7× C3.ai, Inc.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -139.3%, a 140.8% gap on every dollar of revenue. On growth, SMITH & WESSON BRANDS, INC. posted the faster year-over-year revenue change (-3.9% vs -20.3%). SMITH & WESSON BRANDS, INC. produced more free cash flow last quarter ($16.3M vs $-46.9M). Over the past eight quarters, C3.ai, Inc.'s revenue compounded faster (-2.1% CAGR vs -4.8%).
C3.ai, Inc. is a leading enterprise artificial intelligence software provider that develops and delivers scalable AI applications, platform tools, and industry-specific solutions for clients across sectors including manufacturing, energy, financial services, healthcare and public sector. Its offerings help organizations optimize operations, reduce costs, mitigate risks, and realize data-driven decision making.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
AI vs SWBI — Head-to-Head
Income Statement — Q2 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $124.7M |
| Net Profit | $-104.7M | $1.9M |
| Gross Margin | 40.4% | 24.3% |
| Operating Margin | -149.2% | 3.3% |
| Net Margin | -139.3% | 1.5% |
| Revenue YoY | -20.3% | -3.9% |
| Net Profit YoY | -58.7% | -53.6% |
| EPS (diluted) | $-0.75 | $0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $75.1M | $124.7M | ||
| Q3 25 | $70.3M | $85.1M | ||
| Q2 25 | $108.7M | $140.8M | ||
| Q1 25 | $98.8M | $115.9M | ||
| Q4 24 | $94.3M | $129.7M | ||
| Q3 24 | $87.2M | $88.3M | ||
| Q2 24 | $86.6M | $159.1M | ||
| Q1 24 | $78.4M | $137.5M |
| Q4 25 | $-104.7M | $1.9M | ||
| Q3 25 | $-116.8M | $-3.4M | ||
| Q2 25 | $-79.7M | $8.6M | ||
| Q1 25 | $-80.2M | $2.1M | ||
| Q4 24 | $-66.0M | $4.5M | ||
| Q3 24 | $-62.8M | $-1.9M | ||
| Q2 24 | $-72.9M | $27.9M | ||
| Q1 24 | $-72.6M | $7.9M |
| Q4 25 | 40.4% | 24.3% | ||
| Q3 25 | 37.6% | 25.9% | ||
| Q2 25 | 62.1% | 28.8% | ||
| Q1 25 | 59.1% | 24.1% | ||
| Q4 24 | 61.3% | 26.6% | ||
| Q3 24 | 59.8% | 27.4% | ||
| Q2 24 | 59.6% | 35.5% | ||
| Q1 24 | 57.8% | 28.7% |
| Q4 25 | -149.2% | 3.3% | ||
| Q3 25 | -177.7% | -3.5% | ||
| Q2 25 | -81.8% | 9.3% | ||
| Q1 25 | -88.7% | 4.1% | ||
| Q4 24 | -79.8% | 5.8% | ||
| Q3 24 | -83.2% | -1.7% | ||
| Q2 24 | -95.1% | 17.4% | ||
| Q1 24 | -105.3% | 8.2% |
| Q4 25 | -139.3% | 1.5% | ||
| Q3 25 | -166.2% | -4.0% | ||
| Q2 25 | -73.3% | 6.1% | ||
| Q1 25 | -81.2% | 1.8% | ||
| Q4 24 | -69.9% | 3.5% | ||
| Q3 24 | -72.0% | -2.1% | ||
| Q2 24 | -84.2% | 17.5% | ||
| Q1 24 | -92.6% | 5.7% |
| Q4 25 | $-0.75 | $0.04 | ||
| Q3 25 | $-0.86 | $-0.08 | ||
| Q2 25 | $-0.60 | $0.19 | ||
| Q1 25 | $-0.62 | $0.05 | ||
| Q4 24 | $-0.52 | $0.10 | ||
| Q3 24 | $-0.50 | $-0.04 | ||
| Q2 24 | $-0.59 | $0.60 | ||
| Q1 24 | $-0.60 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $675.0M | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $771.9M | $363.2M |
| Total Assets | $961.3M | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $675.0M | $22.4M | ||
| Q3 25 | $711.9M | $18.0M | ||
| Q2 25 | $742.7M | $25.2M | ||
| Q1 25 | $724.3M | $26.7M | ||
| Q4 24 | $730.4M | $39.1M | ||
| Q3 24 | $762.5M | $35.5M | ||
| Q2 24 | $750.4M | $60.8M | ||
| Q1 24 | $723.3M | $47.4M |
| Q4 25 | $771.9M | $363.2M | ||
| Q3 25 | $798.8M | $364.4M | ||
| Q2 25 | $838.3M | $372.5M | ||
| Q1 25 | $860.2M | $366.9M | ||
| Q4 24 | $859.0M | $371.5M | ||
| Q3 24 | $874.9M | $380.0M | ||
| Q2 24 | $873.4M | $399.9M | ||
| Q1 24 | $898.0M | $376.4M |
| Q4 25 | $961.3M | $548.6M | ||
| Q3 25 | $968.7M | $554.6M | ||
| Q2 25 | $1.0B | $559.6M | ||
| Q1 25 | $1.1B | $578.9M | ||
| Q4 24 | $1.0B | $587.4M | ||
| Q3 24 | $1.1B | $571.3M | ||
| Q2 24 | $1.0B | $577.4M | ||
| Q1 24 | $1.1B | $570.6M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-46.5M | $27.3M |
| Free Cash FlowOCF − Capex | $-46.9M | $16.3M |
| FCF MarginFCF / Revenue | -62.4% | 13.1% |
| Capex IntensityCapex / Revenue | 0.5% | 8.8% |
| Cash ConversionOCF / Net Profit | — | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $-93.2M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-46.5M | $27.3M | ||
| Q3 25 | $-33.5M | $-8.1M | ||
| Q2 25 | $11.3M | $40.8M | ||
| Q1 25 | $-22.0M | $-9.8M | ||
| Q4 24 | $-38.7M | $-7.4M | ||
| Q3 24 | $8.0M | $-30.8M | ||
| Q2 24 | $21.3M | $43.7M | ||
| Q1 24 | $-39.1M | $25.2M |
| Q4 25 | $-46.9M | $16.3M | ||
| Q3 25 | $-34.3M | $-12.4M | ||
| Q2 25 | $10.3M | $33.5M | ||
| Q1 25 | $-22.4M | $-16.1M | ||
| Q4 24 | $-39.5M | $-10.7M | ||
| Q3 24 | $7.1M | $-35.5M | ||
| Q2 24 | $18.8M | $38.2M | ||
| Q1 24 | $-45.1M | $7.0M |
| Q4 25 | -62.4% | 13.1% | ||
| Q3 25 | -48.8% | -14.6% | ||
| Q2 25 | 9.5% | 23.8% | ||
| Q1 25 | -22.7% | -13.9% | ||
| Q4 24 | -41.9% | -8.3% | ||
| Q3 24 | 8.2% | -40.2% | ||
| Q2 24 | 21.7% | 24.0% | ||
| Q1 24 | -57.6% | 5.1% |
| Q4 25 | 0.5% | 8.8% | ||
| Q3 25 | 1.1% | 5.0% | ||
| Q2 25 | 0.9% | 5.2% | ||
| Q1 25 | 0.4% | 5.4% | ||
| Q4 24 | 0.9% | 2.5% | ||
| Q3 24 | 1.1% | 5.3% | ||
| Q2 24 | 2.9% | 3.5% | ||
| Q1 24 | 7.8% | 13.2% |
| Q4 25 | — | 14.22× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.73× | ||
| Q1 25 | — | -4.68× | ||
| Q4 24 | — | -1.63× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.57× | ||
| Q1 24 | — | 3.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AI
| License And Service | $70.2M | 93% |
| Professional Services | $4.9M | 7% |
SWBI
Segment breakdown not available.
