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Side-by-side financial comparison of DONEGAL GROUP INC (DGICA) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
DONEGAL GROUP INC is the larger business by last-quarter revenue ($236.0M vs $124.7M, roughly 1.9× SMITH & WESSON BRANDS, INC.). DONEGAL GROUP INC runs the higher net margin — 4.9% vs 1.5%, a 3.3% gap on every dollar of revenue. On growth, DONEGAL GROUP INC posted the faster year-over-year revenue change (-3.7% vs -3.9%). Over the past eight quarters, DONEGAL GROUP INC's revenue compounded faster (-2.2% CAGR vs -4.8%).
Donegal Group Inc. is a regional US insurance holding company offering personal and commercial property and casualty insurance products. It serves Mid-Atlantic, Midwest, and Southern US customers, delivering tailored coverage for individuals, families, and small to medium businesses.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
DGICA vs SWBI — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $236.0M | $124.7M |
| Net Profit | $11.5M | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | — | 3.3% |
| Net Margin | 4.9% | 1.5% |
| Revenue YoY | -3.7% | -3.9% |
| Net Profit YoY | -54.3% | -53.6% |
| EPS (diluted) | — | $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 | $236.0M | — | ||
| Q4 25 | $239.8M | $124.7M | ||
| Q3 25 | $245.9M | $85.1M | ||
| Q2 25 | $247.1M | $140.8M | ||
| Q1 25 | $245.2M | $115.9M | ||
| Q4 24 | $250.0M | $129.7M | ||
| Q3 24 | $251.7M | $88.3M | ||
| Q2 24 | $246.8M | $159.1M |
| Q1 26 | $11.5M | — | ||
| Q4 25 | $17.2M | $1.9M | ||
| Q3 25 | $20.1M | $-3.4M | ||
| Q2 25 | $16.9M | $8.6M | ||
| Q1 25 | $25.2M | $2.1M | ||
| Q4 24 | $24.0M | $4.5M | ||
| Q3 24 | $16.8M | $-1.9M | ||
| Q2 24 | $4.2M | $27.9M |
| 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% |
| Q1 26 | — | — | ||
| Q4 25 | 8.7% | 3.3% | ||
| Q3 25 | 10.2% | -3.5% | ||
| Q2 25 | 8.3% | 9.3% | ||
| Q1 25 | 12.7% | 4.1% | ||
| Q4 24 | 11.9% | 5.8% | ||
| Q3 24 | 8.1% | -1.7% | ||
| Q2 24 | 2.0% | 17.4% |
| Q1 26 | 4.9% | — | ||
| Q4 25 | 7.2% | 1.5% | ||
| Q3 25 | 8.2% | -4.0% | ||
| Q2 25 | 6.8% | 6.1% | ||
| Q1 25 | 10.3% | 1.8% | ||
| Q4 24 | 9.6% | 3.5% | ||
| Q3 24 | 6.7% | -2.1% | ||
| Q2 24 | 1.7% | 17.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | $0.04 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | — | $0.19 | ||
| Q1 25 | — | $0.05 | ||
| Q4 24 | — | $0.10 | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | $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 | — | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $649.1M | $363.2M |
| Total Assets | $2.4B | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $22.4M | ||
| Q3 25 | — | $18.0M | ||
| Q2 25 | — | $25.2M | ||
| Q1 25 | — | $26.7M | ||
| Q4 24 | — | $39.1M | ||
| Q3 24 | — | $35.5M | ||
| Q2 24 | — | $60.8M |
| Q1 26 | $649.1M | — | ||
| Q4 25 | $640.4M | $363.2M | ||
| Q3 25 | $627.4M | $364.4M | ||
| Q2 25 | $605.7M | $372.5M | ||
| Q1 25 | $584.7M | $366.9M | ||
| Q4 24 | $545.8M | $371.5M | ||
| Q3 24 | $513.4M | $380.0M | ||
| Q2 24 | $484.1M | $399.9M |
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $548.6M | ||
| Q3 25 | $2.4B | $554.6M | ||
| Q2 25 | $2.4B | $559.6M | ||
| Q1 25 | $2.4B | $578.9M | ||
| Q4 24 | $2.3B | $587.4M | ||
| Q3 24 | $2.3B | $571.3M | ||
| Q2 24 | $2.3B | $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 | — | $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.
| Q1 26 | — | — | ||
| Q4 25 | $70.2M | $27.3M | ||
| Q3 25 | $22.4M | $-8.1M | ||
| Q2 25 | $12.1M | $40.8M | ||
| Q1 25 | $25.7M | $-9.8M | ||
| Q4 24 | $67.4M | $-7.4M | ||
| Q3 24 | $12.7M | $-30.8M | ||
| Q2 24 | $21.7M | $43.7M |
| Q1 26 | — | — | ||
| 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 | — | — | ||
| 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 | 4.08× | 14.22× | ||
| Q3 25 | 1.11× | — | ||
| Q2 25 | 0.72× | 4.73× | ||
| Q1 25 | 1.02× | -4.68× | ||
| Q4 24 | 2.81× | -1.63× | ||
| Q3 24 | 0.76× | — | ||
| Q2 24 | 5.22× | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
