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Side-by-side financial comparison of NWPX Infrastructure, Inc. (NWPX) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
NWPX Infrastructure, Inc. is the larger business by last-quarter revenue ($138.3M vs $124.7M, roughly 1.1× SMITH & WESSON BRANDS, INC.). NWPX Infrastructure, Inc. runs the higher net margin — 7.6% vs 1.5%, a 6.1% gap on every dollar of revenue. On growth, NWPX Infrastructure, Inc. posted the faster year-over-year revenue change (19.1% vs -3.9%). Over the past eight quarters, NWPX Infrastructure, Inc.'s revenue compounded faster (3.3% CAGR vs -4.8%).
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
NWPX vs SWBI — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $138.3M | $124.7M |
| Net Profit | $10.5M | $1.9M |
| Gross Margin | 19.3% | 24.3% |
| Operating Margin | 9.2% | 3.3% |
| Net Margin | 7.6% | 1.5% |
| Revenue YoY | 19.1% | -3.9% |
| Net Profit YoY | 165.7% | -53.6% |
| EPS (diluted) | $1.08 | $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 | $138.3M | — | ||
| Q4 25 | $125.6M | $124.7M | ||
| Q3 25 | $151.1M | $85.1M | ||
| Q2 25 | $133.2M | $140.8M | ||
| Q1 25 | $116.1M | $115.9M | ||
| Q4 24 | $119.6M | $129.7M | ||
| Q3 24 | $130.2M | $88.3M | ||
| Q2 24 | $129.5M | $159.1M |
| Q1 26 | $10.5M | — | ||
| Q4 25 | $8.9M | $1.9M | ||
| Q3 25 | $13.5M | $-3.4M | ||
| Q2 25 | $9.1M | $8.6M | ||
| Q1 25 | $4.0M | $2.1M | ||
| Q4 24 | $10.1M | $4.5M | ||
| Q3 24 | $10.3M | $-1.9M | ||
| Q2 24 | $8.6M | $27.9M |
| Q1 26 | 19.3% | — | ||
| Q4 25 | 21.3% | 24.3% | ||
| Q3 25 | 21.3% | 25.9% | ||
| Q2 25 | 19.0% | 28.8% | ||
| Q1 25 | 16.7% | 24.1% | ||
| Q4 24 | 18.8% | 26.6% | ||
| Q3 24 | 20.8% | 27.4% | ||
| Q2 24 | 19.9% | 35.5% |
| Q1 26 | 9.2% | — | ||
| Q4 25 | 10.4% | 3.3% | ||
| Q3 25 | 12.6% | -3.5% | ||
| Q2 25 | 9.9% | 9.3% | ||
| Q1 25 | 4.8% | 4.1% | ||
| Q4 24 | 8.8% | 5.8% | ||
| Q3 24 | 11.9% | -1.7% | ||
| Q2 24 | 10.5% | 17.4% |
| Q1 26 | 7.6% | — | ||
| Q4 25 | 7.1% | 1.5% | ||
| Q3 25 | 8.9% | -4.0% | ||
| Q2 25 | 6.8% | 6.1% | ||
| Q1 25 | 3.4% | 1.8% | ||
| Q4 24 | 8.4% | 3.5% | ||
| Q3 24 | 7.9% | -2.1% | ||
| Q2 24 | 6.7% | 17.5% |
| Q1 26 | $1.08 | — | ||
| Q4 25 | $0.88 | $0.04 | ||
| Q3 25 | $1.38 | $-0.08 | ||
| Q2 25 | $0.91 | $0.19 | ||
| Q1 25 | $0.39 | $0.05 | ||
| Q4 24 | $1.00 | $0.10 | ||
| Q3 24 | $1.02 | $-0.04 | ||
| Q2 24 | $0.86 | $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 | $14.3M | $22.4M |
| Total DebtLower is stronger | $10.7M | — |
| Stockholders' EquityBook value | $403.7M | $363.2M |
| Total Assets | $634.1M | $548.6M |
| Debt / EquityLower = less leverage | 0.03× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $14.3M | — | ||
| Q4 25 | $2.3M | $22.4M | ||
| Q3 25 | $2.7M | $18.0M | ||
| Q2 25 | $2.0M | $25.2M | ||
| Q1 25 | $5.3M | $26.7M | ||
| Q4 24 | $5.0M | $39.1M | ||
| Q3 24 | $5.7M | $35.5M | ||
| Q2 24 | $4.5M | $60.8M |
| Q1 26 | $10.7M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $403.7M | — | ||
| Q4 25 | $394.8M | $363.2M | ||
| Q3 25 | $386.4M | $364.4M | ||
| Q2 25 | $379.5M | $372.5M | ||
| Q1 25 | $378.5M | $366.9M | ||
| Q4 24 | $374.0M | $371.5M | ||
| Q3 24 | $362.4M | $380.0M | ||
| Q2 24 | $351.2M | $399.9M |
| Q1 26 | $634.1M | — | ||
| Q4 25 | $579.6M | $548.6M | ||
| Q3 25 | $605.2M | $554.6M | ||
| Q2 25 | $592.6M | $559.6M | ||
| Q1 25 | $582.2M | $578.9M | ||
| Q4 24 | $589.7M | $587.4M | ||
| Q3 24 | $617.2M | $571.3M | ||
| Q2 24 | $631.7M | $577.4M |
| Q1 26 | 0.03× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $29.3M | $27.3M |
| Free Cash FlowOCF − Capex | — | $16.3M |
| FCF MarginFCF / Revenue | — | 13.1% |
| Capex IntensityCapex / Revenue | — | 8.8% |
| Cash ConversionOCF / Net Profit | 2.78× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $29.3M | — | ||
| Q4 25 | $36.0M | $27.3M | ||
| Q3 25 | $21.0M | $-8.1M | ||
| Q2 25 | $5.4M | $40.8M | ||
| Q1 25 | $4.8M | $-9.8M | ||
| Q4 24 | $36.1M | $-7.4M | ||
| Q3 24 | $22.7M | $-30.8M | ||
| Q2 24 | $22.3M | $43.7M |
| Q1 26 | — | — | ||
| Q4 25 | $30.8M | $16.3M | ||
| Q3 25 | $13.2M | $-12.4M | ||
| Q2 25 | $1.9M | $33.5M | ||
| Q1 25 | $1.2M | $-16.1M | ||
| Q4 24 | $31.9M | $-10.7M | ||
| Q3 24 | $16.8M | $-35.5M | ||
| Q2 24 | $16.2M | $38.2M |
| Q1 26 | — | — | ||
| Q4 25 | 24.5% | 13.1% | ||
| Q3 25 | 8.7% | -14.6% | ||
| Q2 25 | 1.4% | 23.8% | ||
| Q1 25 | 1.0% | -13.9% | ||
| Q4 24 | 26.7% | -8.3% | ||
| Q3 24 | 12.9% | -40.2% | ||
| Q2 24 | 12.5% | 24.0% |
| Q1 26 | — | — | ||
| Q4 25 | 4.1% | 8.8% | ||
| Q3 25 | 5.2% | 5.0% | ||
| Q2 25 | 2.6% | 5.2% | ||
| Q1 25 | 3.2% | 5.4% | ||
| Q4 24 | 3.5% | 2.5% | ||
| Q3 24 | 4.6% | 5.3% | ||
| Q2 24 | 4.7% | 3.5% |
| Q1 26 | 2.78× | — | ||
| Q4 25 | 4.06× | 14.22× | ||
| Q3 25 | 1.55× | — | ||
| Q2 25 | 0.60× | 4.73× | ||
| Q1 25 | 1.22× | -4.68× | ||
| Q4 24 | 3.58× | -1.63× | ||
| Q3 24 | 2.22× | — | ||
| Q2 24 | 2.58× | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NWPX
| Water Transmission Systems | $93.5M | 68% |
| Precast Infrastructure and Engineered Systems | $44.8M | 32% |
SWBI
Segment breakdown not available.
