vs
Side-by-side financial comparison of Bandwidth Inc. (BAND) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
Bandwidth Inc. is the larger business by last-quarter revenue ($208.8M vs $124.7M, roughly 1.7× SMITH & WESSON BRANDS, INC.). Bandwidth Inc. runs the higher net margin — 1.9% vs 1.5%, a 0.4% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs -3.9%). SMITH & WESSON BRANDS, INC. produced more free cash flow last quarter ($16.3M vs $-1.0M). Over the past eight quarters, Bandwidth Inc.'s revenue compounded faster (9.7% CAGR vs -4.8%).
Bandwidth Inc. is a communications platform as a service company. It sells software application programming interfaces for voice, text messaging and emergency services, using its own global IP voice network.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
BAND vs SWBI — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $208.8M | $124.7M |
| Net Profit | $4.0M | $1.9M |
| Gross Margin | 37.3% | 24.3% |
| Operating Margin | 60.5% | 3.3% |
| Net Margin | 1.9% | 1.5% |
| Revenue YoY | 20.1% | -3.9% |
| Net Profit YoY | 200.0% | -53.6% |
| EPS (diluted) | $-0.08 | $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.
| Q1 26 | $208.8M | — | ||
| Q4 25 | $207.7M | $124.7M | ||
| Q3 25 | $191.9M | $85.1M | ||
| Q2 25 | $180.0M | $140.8M | ||
| Q1 25 | $174.2M | $115.9M | ||
| Q4 24 | $210.0M | $129.7M | ||
| Q3 24 | $193.9M | $88.3M | ||
| Q2 24 | $173.6M | $159.1M |
| Q1 26 | $4.0M | — | ||
| Q4 25 | — | $1.9M | ||
| Q3 25 | $-1.2M | $-3.4M | ||
| Q2 25 | $-4.9M | $8.6M | ||
| Q1 25 | $-3.7M | $2.1M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | $413.0K | $-1.9M | ||
| Q2 24 | $4.1M | $27.9M |
| Q1 26 | 37.3% | — | ||
| Q4 25 | 37.6% | 24.3% | ||
| Q3 25 | 38.5% | 25.9% | ||
| Q2 25 | 39.8% | 28.8% | ||
| Q1 25 | 41.0% | 24.1% | ||
| Q4 24 | 36.4% | 26.6% | ||
| Q3 24 | 37.7% | 27.4% | ||
| Q2 24 | 37.3% | 35.5% |
| Q1 26 | 60.5% | — | ||
| Q4 25 | -1.9% | 3.3% | ||
| Q3 25 | -1.0% | -3.5% | ||
| Q2 25 | -2.1% | 9.3% | ||
| Q1 25 | -2.7% | 4.1% | ||
| Q4 24 | -1.3% | 5.8% | ||
| Q3 24 | -0.5% | -1.7% | ||
| Q2 24 | -3.5% | 17.4% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 1.5% | ||
| Q3 25 | -0.6% | -4.0% | ||
| Q2 25 | -2.7% | 6.1% | ||
| Q1 25 | -2.1% | 1.8% | ||
| Q4 24 | — | 3.5% | ||
| Q3 24 | 0.2% | -2.1% | ||
| Q2 24 | 2.3% | 17.5% |
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $-0.10 | $0.04 | ||
| Q3 25 | $-0.04 | $-0.08 | ||
| Q2 25 | $-0.16 | $0.19 | ||
| Q1 25 | $-0.13 | $0.05 | ||
| Q4 24 | $0.27 | $0.10 | ||
| Q3 24 | $0.01 | $-0.04 | ||
| Q2 24 | $-0.17 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $47.3M | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $405.7M | $363.2M |
| Total Assets | $984.2M | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $47.3M | — | ||
| Q4 25 | $111.3M | $22.4M | ||
| Q3 25 | $80.4M | $18.0M | ||
| Q2 25 | $68.1M | $25.2M | ||
| Q1 25 | $41.7M | $26.7M | ||
| Q4 24 | $83.8M | $39.1M | ||
| Q3 24 | $79.9M | $35.5M | ||
| Q2 24 | $76.4M | $60.8M |
| Q1 26 | $405.7M | — | ||
| Q4 25 | $400.0M | $363.2M | ||
| Q3 25 | $392.7M | $364.4M | ||
| Q2 25 | $384.5M | $372.5M | ||
| Q1 25 | $345.4M | $366.9M | ||
| Q4 24 | $312.5M | $371.5M | ||
| Q3 24 | $336.6M | $380.0M | ||
| Q2 24 | $307.4M | $399.9M |
| Q1 26 | $984.2M | — | ||
| Q4 25 | $1.1B | $548.6M | ||
| Q3 25 | $1.0B | $554.6M | ||
| Q2 25 | $1.0B | $559.6M | ||
| Q1 25 | $964.4M | $578.9M | ||
| Q4 24 | $989.2M | $587.4M | ||
| Q3 24 | $1.0B | $571.3M | ||
| Q2 24 | $1.0B | $577.4M |
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 | — | $27.3M |
| Free Cash FlowOCF − Capex | $-1.0M | $16.3M |
| FCF MarginFCF / Revenue | -0.5% | 13.1% |
| Capex IntensityCapex / Revenue | — | 8.8% |
| Cash ConversionOCF / Net Profit | — | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $38.6M | $27.3M | ||
| Q3 25 | $22.2M | $-8.1M | ||
| Q2 25 | $31.7M | $40.8M | ||
| Q1 25 | $-3.1M | $-9.8M | ||
| Q4 24 | $36.5M | $-7.4M | ||
| Q3 24 | $20.5M | $-30.8M | ||
| Q2 24 | $24.4M | $43.7M |
| Q1 26 | $-1.0M | — | ||
| Q4 25 | — | $16.3M | ||
| Q3 25 | — | $-12.4M | ||
| Q2 25 | — | $33.5M | ||
| Q1 25 | — | $-16.1M | ||
| Q4 24 | — | $-10.7M | ||
| Q3 24 | — | $-35.5M | ||
| Q2 24 | — | $38.2M |
| Q1 26 | -0.5% | — | ||
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | -14.6% | ||
| Q2 25 | — | 23.8% | ||
| Q1 25 | — | -13.9% | ||
| Q4 24 | — | -8.3% | ||
| Q3 24 | — | -40.2% | ||
| Q2 24 | — | 24.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 8.8% | ||
| Q3 25 | — | 5.0% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 3.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 14.22× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.73× | ||
| Q1 25 | — | -4.68× | ||
| Q4 24 | — | -1.63× | ||
| Q3 24 | 49.55× | — | ||
| Q2 24 | 6.03× | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
