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Side-by-side financial comparison of Employers Holdings, Inc. (EIG) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
Employers Holdings, Inc. is the larger business by last-quarter revenue ($170.5M vs $124.7M, roughly 1.4× SMITH & WESSON BRANDS, INC.). On growth, SMITH & WESSON BRANDS, INC. posted the faster year-over-year revenue change (-3.9% vs -21.3%). Over the past eight quarters, SMITH & WESSON BRANDS, INC.'s revenue compounded faster (-4.8% CAGR vs -11.4%).
Employers Holdings, Inc. is a U.S.-headquartered insurance holding company that specializes in offering workers' compensation insurance and customized risk management services primarily for small and medium-sized enterprises across the United States. It mainly serves clients in low-to-medium hazard industries, helping them mitigate workplace safety risks and meet relevant regulatory requirements for employee protection.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
EIG vs SWBI — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $170.5M | $124.7M |
| Net Profit | — | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | — | 3.3% |
| Net Margin | — | 1.5% |
| Revenue YoY | -21.3% | -3.9% |
| Net Profit YoY | — | -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 | $170.5M | — | ||
| Q4 25 | $188.5M | $124.7M | ||
| Q3 25 | $239.3M | $85.1M | ||
| Q2 25 | $246.3M | $140.8M | ||
| Q1 25 | $202.6M | $115.9M | ||
| Q4 24 | $216.6M | $129.7M | ||
| Q3 24 | $224.0M | $88.3M | ||
| Q2 24 | $217.0M | $159.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.9M | ||
| Q3 25 | $-8.3M | $-3.4M | ||
| Q2 25 | $29.7M | $8.6M | ||
| Q1 25 | $12.8M | $2.1M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | $30.3M | $-1.9M | ||
| Q2 24 | $31.7M | $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 | — | 3.3% | ||
| Q3 25 | -4.7% | -3.5% | ||
| Q2 25 | 15.0% | 9.3% | ||
| Q1 25 | 7.8% | 4.1% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | 16.4% | -1.7% | ||
| Q2 24 | 18.4% | 17.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.5% | ||
| Q3 25 | -3.5% | -4.0% | ||
| Q2 25 | 12.1% | 6.1% | ||
| Q1 25 | 6.3% | 1.8% | ||
| Q4 24 | — | 3.5% | ||
| Q3 24 | 13.5% | -2.1% | ||
| Q2 24 | 14.6% | 17.5% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.93 | $0.04 | ||
| Q3 25 | $-0.36 | $-0.08 | ||
| Q2 25 | $1.23 | $0.19 | ||
| Q1 25 | $0.52 | $0.05 | ||
| Q4 24 | $1.14 | $0.10 | ||
| Q3 24 | $1.21 | $-0.04 | ||
| Q2 24 | $1.25 | $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 | $169.9M | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $955.7M | $363.2M |
| Total Assets | $3.4B | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $169.9M | — | ||
| Q4 25 | $169.9M | $22.4M | ||
| Q3 25 | $172.4M | $18.0M | ||
| Q2 25 | $78.1M | $25.2M | ||
| Q1 25 | $100.4M | $26.7M | ||
| Q4 24 | $68.4M | $39.1M | ||
| Q3 24 | $173.9M | $35.5M | ||
| Q2 24 | $126.4M | $60.8M |
| Q1 26 | — | — | ||
| Q4 25 | $19.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $955.7M | — | ||
| Q4 25 | $955.7M | $363.2M | ||
| Q3 25 | $1.0B | $364.4M | ||
| Q2 25 | $1.1B | $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 |
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $548.6M | ||
| Q3 25 | $3.5B | $554.6M | ||
| Q2 25 | $3.5B | $559.6M | ||
| Q1 25 | $3.6B | $578.9M | ||
| Q4 24 | $3.5B | $587.4M | ||
| Q3 24 | $3.6B | $571.3M | ||
| Q2 24 | $3.5B | $577.4M |
| Q1 26 | — | — | ||
| Q4 25 | 0.02× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $44.7M | $27.3M | ||
| Q3 25 | $29.4M | $-8.1M | ||
| Q2 25 | $0 | $40.8M | ||
| Q1 25 | $14.6M | $-9.8M | ||
| Q4 24 | $76.4M | $-7.4M | ||
| Q3 24 | $51.0M | $-30.8M | ||
| Q2 24 | $11.7M | $43.7M |
| Q1 26 | — | — | ||
| Q4 25 | $44.6M | $16.3M | ||
| Q3 25 | — | $-12.4M | ||
| Q2 25 | — | $33.5M | ||
| Q1 25 | — | $-16.1M | ||
| Q4 24 | $76.3M | $-10.7M | ||
| Q3 24 | — | $-35.5M | ||
| Q2 24 | — | $38.2M |
| Q1 26 | — | — | ||
| Q4 25 | 23.7% | 13.1% | ||
| Q3 25 | — | -14.6% | ||
| Q2 25 | — | 23.8% | ||
| Q1 25 | — | -13.9% | ||
| Q4 24 | 35.2% | -8.3% | ||
| Q3 24 | — | -40.2% | ||
| Q2 24 | — | 24.0% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 8.8% | ||
| Q3 25 | — | 5.0% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | 0.0% | 2.5% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 3.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 14.22× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.00× | 4.73× | ||
| Q1 25 | 1.14× | -4.68× | ||
| Q4 24 | — | -1.63× | ||
| Q3 24 | 1.68× | — | ||
| Q2 24 | 0.37× | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.