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Side-by-side financial comparison of IMAX CORP (IMAX) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $124.7M, roughly 1.0× SMITH & WESSON BRANDS, INC.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs 0.5%, a 1.0% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs -3.9%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $16.3M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs -4.8%).
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
IMAX vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $125.2M | $124.7M |
| Net Profit | $637.0K | $1.9M |
| Gross Margin | 57.6% | 24.3% |
| Operating Margin | 19.3% | 3.3% |
| Net Margin | 0.5% | 1.5% |
| Revenue YoY | 35.1% | -3.9% |
| Net Profit YoY | -88.0% | -53.6% |
| EPS (diluted) | $0.02 | $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 | $125.2M | $124.7M | ||
| Q3 25 | $106.7M | $85.1M | ||
| Q2 25 | $91.7M | $140.8M | ||
| Q1 25 | $86.7M | $115.9M | ||
| Q4 24 | $92.7M | $129.7M | ||
| Q3 24 | $91.5M | $88.3M | ||
| Q2 24 | $89.0M | $159.1M | ||
| Q1 24 | $79.1M | $137.5M |
| Q4 25 | $637.0K | $1.9M | ||
| Q3 25 | $20.7M | $-3.4M | ||
| Q2 25 | $11.3M | $8.6M | ||
| Q1 25 | $2.3M | $2.1M | ||
| Q4 24 | $5.3M | $4.5M | ||
| Q3 24 | $13.9M | $-1.9M | ||
| Q2 24 | $3.6M | $27.9M | ||
| Q1 24 | $3.3M | $7.9M |
| Q4 25 | 57.6% | 24.3% | ||
| Q3 25 | 63.1% | 25.9% | ||
| Q2 25 | 58.5% | 28.8% | ||
| Q1 25 | 61.4% | 24.1% | ||
| Q4 24 | 52.2% | 26.6% | ||
| Q3 24 | 55.8% | 27.4% | ||
| Q2 24 | 49.4% | 35.5% | ||
| Q1 24 | 59.3% | 28.7% |
| Q4 25 | 19.3% | 3.3% | ||
| Q3 25 | 27.2% | -3.5% | ||
| Q2 25 | 15.6% | 9.3% | ||
| Q1 25 | 19.3% | 4.1% | ||
| Q4 24 | 10.3% | 5.8% | ||
| Q3 24 | 21.2% | -1.7% | ||
| Q2 24 | 3.2% | 17.4% | ||
| Q1 24 | 15.3% | 8.2% |
| Q4 25 | 0.5% | 1.5% | ||
| Q3 25 | 19.4% | -4.0% | ||
| Q2 25 | 12.3% | 6.1% | ||
| Q1 25 | 2.7% | 1.8% | ||
| Q4 24 | 5.7% | 3.5% | ||
| Q3 24 | 15.2% | -2.1% | ||
| Q2 24 | 4.0% | 17.5% | ||
| Q1 24 | 4.1% | 5.7% |
| Q4 25 | $0.02 | $0.04 | ||
| Q3 25 | $0.37 | $-0.08 | ||
| Q2 25 | $0.20 | $0.19 | ||
| Q1 25 | $0.04 | $0.05 | ||
| Q4 24 | $0.09 | $0.10 | ||
| Q3 24 | $0.26 | $-0.04 | ||
| Q2 24 | $0.07 | $0.60 | ||
| Q1 24 | $0.06 | $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 | $151.2M | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $337.9M | $363.2M |
| Total Assets | $894.0M | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $151.2M | $22.4M | ||
| Q3 25 | $143.1M | $18.0M | ||
| Q2 25 | $109.3M | $25.2M | ||
| Q1 25 | $97.1M | $26.7M | ||
| Q4 24 | $100.6M | $39.1M | ||
| Q3 24 | $104.5M | $35.5M | ||
| Q2 24 | $91.6M | $60.8M | ||
| Q1 24 | $81.0M | $47.4M |
| Q4 25 | $337.9M | $363.2M | ||
| Q3 25 | $349.5M | $364.4M | ||
| Q2 25 | $320.4M | $372.5M | ||
| Q1 25 | $299.5M | $366.9M | ||
| Q4 24 | $299.5M | $371.5M | ||
| Q3 24 | $289.4M | $380.0M | ||
| Q2 24 | $267.2M | $399.9M | ||
| Q1 24 | $258.8M | $376.4M |
| Q4 25 | $894.0M | $548.6M | ||
| Q3 25 | $889.6M | $554.6M | ||
| Q2 25 | $868.6M | $559.6M | ||
| Q1 25 | $848.3M | $578.9M | ||
| Q4 24 | $830.4M | $587.4M | ||
| Q3 24 | $847.6M | $571.3M | ||
| Q2 24 | $827.4M | $577.4M | ||
| Q1 24 | $824.1M | $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 | $29.4M | $27.3M |
| Free Cash FlowOCF − Capex | $28.0M | $16.3M |
| FCF MarginFCF / Revenue | 22.3% | 13.1% |
| Capex IntensityCapex / Revenue | 1.1% | 8.8% |
| Cash ConversionOCF / Net Profit | 46.11× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $118.9M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.4M | $27.3M | ||
| Q3 25 | $67.5M | $-8.1M | ||
| Q2 25 | $23.2M | $40.8M | ||
| Q1 25 | $7.0M | $-9.8M | ||
| Q4 24 | $11.5M | $-7.4M | ||
| Q3 24 | $35.3M | $-30.8M | ||
| Q2 24 | $35.0M | $43.7M | ||
| Q1 24 | $-11.0M | $25.2M |
| Q4 25 | $28.0M | $16.3M | ||
| Q3 25 | $64.8M | $-12.4M | ||
| Q2 25 | $20.9M | $33.5M | ||
| Q1 25 | $5.3M | $-16.1M | ||
| Q4 24 | $6.9M | $-10.7M | ||
| Q3 24 | $34.2M | $-35.5M | ||
| Q2 24 | $33.5M | $38.2M | ||
| Q1 24 | $-12.1M | $7.0M |
| Q4 25 | 22.3% | 13.1% | ||
| Q3 25 | 60.7% | -14.6% | ||
| Q2 25 | 22.8% | 23.8% | ||
| Q1 25 | 6.1% | -13.9% | ||
| Q4 24 | 7.4% | -8.3% | ||
| Q3 24 | 37.3% | -40.2% | ||
| Q2 24 | 37.6% | 24.0% | ||
| Q1 24 | -15.3% | 5.1% |
| Q4 25 | 1.1% | 8.8% | ||
| Q3 25 | 2.6% | 5.0% | ||
| Q2 25 | 2.6% | 5.2% | ||
| Q1 25 | 1.9% | 5.4% | ||
| Q4 24 | 5.0% | 2.5% | ||
| Q3 24 | 1.2% | 5.3% | ||
| Q2 24 | 1.8% | 3.5% | ||
| Q1 24 | 1.4% | 13.2% |
| Q4 25 | 46.11× | 14.22× | ||
| Q3 25 | 3.27× | — | ||
| Q2 25 | 2.06× | 4.73× | ||
| Q1 25 | 2.99× | -4.68× | ||
| Q4 24 | 2.16× | -1.63× | ||
| Q3 24 | 2.54× | — | ||
| Q2 24 | 9.78× | 1.57× | ||
| Q1 24 | -3.35× | 3.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
SWBI
Segment breakdown not available.
