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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) 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 $112.4M, roughly 1.1× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs 1.5%, a 31.9% gap on every dollar of revenue. On growth, BYLINE BANCORP, INC. posted the faster year-over-year revenue change (9.0% vs -3.9%). Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -4.8%).

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.

BY vs SWBI — Head-to-Head

Bigger by revenue
SWBI
SWBI
1.1× larger
SWBI
$124.7M
$112.4M
BY
Growing faster (revenue YoY)
BY
BY
+12.9% gap
BY
9.0%
-3.9%
SWBI
Higher net margin
BY
BY
31.9% more per $
BY
33.4%
1.5%
SWBI
Faster 2-yr revenue CAGR
BY
BY
Annualised
BY
6.4%
-4.8%
SWBI

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
BY
BY
SWBI
SWBI
Revenue
$112.4M
$124.7M
Net Profit
$37.6M
$1.9M
Gross Margin
24.3%
Operating Margin
3.3%
Net Margin
33.4%
1.5%
Revenue YoY
9.0%
-3.9%
Net Profit YoY
33.0%
-53.6%
EPS (diluted)
$0.83
$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.

Revenue
BY
BY
SWBI
SWBI
Q1 26
$112.4M
Q4 25
$117.0M
$124.7M
Q3 25
$115.7M
$85.1M
Q2 25
$110.5M
$140.8M
Q1 25
$103.1M
$115.9M
Q4 24
$104.7M
$129.7M
Q3 24
$101.8M
$88.3M
Q2 24
$99.4M
$159.1M
Net Profit
BY
BY
SWBI
SWBI
Q1 26
$37.6M
Q4 25
$34.5M
$1.9M
Q3 25
$37.2M
$-3.4M
Q2 25
$30.1M
$8.6M
Q1 25
$28.2M
$2.1M
Q4 24
$30.3M
$4.5M
Q3 24
$30.3M
$-1.9M
Q2 24
$29.7M
$27.9M
Gross Margin
BY
BY
SWBI
SWBI
Q1 26
Q4 25
24.3%
Q3 25
25.9%
Q2 25
28.8%
Q1 25
24.1%
Q4 24
26.6%
Q3 24
27.4%
Q2 24
35.5%
Operating Margin
BY
BY
SWBI
SWBI
Q1 26
Q4 25
40.1%
3.3%
Q3 25
43.1%
-3.5%
Q2 25
35.2%
9.3%
Q1 25
36.4%
4.1%
Q4 24
38.6%
5.8%
Q3 24
39.3%
-1.7%
Q2 24
40.4%
17.4%
Net Margin
BY
BY
SWBI
SWBI
Q1 26
33.4%
Q4 25
34.1%
1.5%
Q3 25
32.1%
-4.0%
Q2 25
27.2%
6.1%
Q1 25
27.4%
1.8%
Q4 24
34.3%
3.5%
Q3 24
29.8%
-2.1%
Q2 24
29.9%
17.5%
EPS (diluted)
BY
BY
SWBI
SWBI
Q1 26
$0.83
Q4 25
$0.77
$0.04
Q3 25
$0.82
$-0.08
Q2 25
$0.66
$0.19
Q1 25
$0.64
$0.05
Q4 24
$0.68
$0.10
Q3 24
$0.69
$-0.04
Q2 24
$0.68
$0.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BY
BY
SWBI
SWBI
Cash + ST InvestmentsLiquidity on hand
$198.4M
$22.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$363.2M
Total Assets
$9.9B
$548.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
SWBI
SWBI
Q1 26
$198.4M
Q4 25
$149.1M
$22.4M
Q3 25
$259.0M
$18.0M
Q2 25
$218.3M
$25.2M
Q1 25
$421.3M
$26.7M
Q4 24
$563.1M
$39.1M
Q3 24
$452.6M
$35.5M
Q2 24
$730.5M
$60.8M
Stockholders' Equity
BY
BY
SWBI
SWBI
Q1 26
$1.3B
Q4 25
$1.3B
$363.2M
Q3 25
$1.2B
$364.4M
Q2 25
$1.2B
$372.5M
Q1 25
$1.1B
$366.9M
Q4 24
$1.1B
$371.5M
Q3 24
$1.1B
$380.0M
Q2 24
$1.0B
$399.9M
Total Assets
BY
BY
SWBI
SWBI
Q1 26
$9.9B
Q4 25
$9.7B
$548.6M
Q3 25
$9.8B
$554.6M
Q2 25
$9.7B
$559.6M
Q1 25
$9.6B
$578.9M
Q4 24
$9.5B
$587.4M
Q3 24
$9.4B
$571.3M
Q2 24
$9.6B
$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
BY
BY
SWBI
SWBI
Operating Cash FlowLast quarter
$27.3M
Free Cash FlowOCF − Capex
$16.3M
FCF MarginFCF / Revenue
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.

Operating Cash Flow
BY
BY
SWBI
SWBI
Q1 26
Q4 25
$140.3M
$27.3M
Q3 25
$38.3M
$-8.1M
Q2 25
$16.3M
$40.8M
Q1 25
$27.1M
$-9.8M
Q4 24
$175.2M
$-7.4M
Q3 24
$19.8M
$-30.8M
Q2 24
$40.1M
$43.7M
Free Cash Flow
BY
BY
SWBI
SWBI
Q1 26
Q4 25
$136.3M
$16.3M
Q3 25
$38.0M
$-12.4M
Q2 25
$15.2M
$33.5M
Q1 25
$25.0M
$-16.1M
Q4 24
$171.2M
$-10.7M
Q3 24
$19.1M
$-35.5M
Q2 24
$39.4M
$38.2M
FCF Margin
BY
BY
SWBI
SWBI
Q1 26
Q4 25
116.5%
13.1%
Q3 25
32.8%
-14.6%
Q2 25
13.7%
23.8%
Q1 25
24.3%
-13.9%
Q4 24
163.5%
-8.3%
Q3 24
18.8%
-40.2%
Q2 24
39.7%
24.0%
Capex Intensity
BY
BY
SWBI
SWBI
Q1 26
Q4 25
3.4%
8.8%
Q3 25
0.3%
5.0%
Q2 25
1.0%
5.2%
Q1 25
2.0%
5.4%
Q4 24
3.8%
2.5%
Q3 24
0.6%
5.3%
Q2 24
0.7%
3.5%
Cash Conversion
BY
BY
SWBI
SWBI
Q1 26
Q4 25
4.06×
14.22×
Q3 25
1.03×
Q2 25
0.54×
4.73×
Q1 25
0.96×
-4.68×
Q4 24
5.78×
-1.63×
Q3 24
0.65×
Q2 24
1.35×
1.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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