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Side-by-side financial comparison of Outdoor Holding Co (POWW) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.

Outdoor Holding Co is the larger business by last-quarter revenue ($13.4M vs $8.7M, roughly 1.5× SWK Holdings Corp). On growth, SWK Holdings Corp posted the faster year-over-year revenue change (-29.7% vs -54.1%). SWK Holdings Corp produced more free cash flow last quarter ($26.8M vs $5.0M).

Vista Outdoor Inc. was an American designer, manufacturer, and marketer that operated in two segments: shooting sports and outdoor products. It was a "house of brands" with more than 40 labels and subsidiaries.

SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.

POWW vs SWKH — Head-to-Head

Bigger by revenue
POWW
POWW
1.5× larger
POWW
$13.4M
$8.7M
SWKH
Growing faster (revenue YoY)
SWKH
SWKH
+24.4% gap
SWKH
-29.7%
-54.1%
POWW
More free cash flow
SWKH
SWKH
$21.7M more FCF
SWKH
$26.8M
$5.0M
POWW

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
POWW
POWW
SWKH
SWKH
Revenue
$13.4M
$8.7M
Net Profit
$2.2M
$-19.4M
Gross Margin
87.1%
Operating Margin
14.7%
9.9%
Net Margin
16.7%
Revenue YoY
-54.1%
-29.7%
Net Profit YoY
108.5%
-430.2%
EPS (diluted)
$0.01
$-1.59

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
POWW
POWW
SWKH
SWKH
Q4 25
$13.4M
$8.7M
Q3 25
$12.0M
$10.9M
Q2 25
$11.9M
$10.1M
Q1 25
$12.6M
$11.8M
Q4 24
$12.5M
$12.4M
Q3 24
$12.0M
$10.4M
Q2 24
$12.3M
$10.8M
Q1 24
$-50.7M
$11.4M
Net Profit
POWW
POWW
SWKH
SWKH
Q4 25
$2.2M
$-19.4M
Q3 25
$1.4M
$8.8M
Q2 25
$-6.5M
$3.5M
Q1 25
$-77.5M
$4.5M
Q4 24
$-26.1M
$5.9M
Q3 24
$-12.4M
$3.5M
Q2 24
$-14.8M
$3.7M
Q1 24
$-5.2M
$468.0K
Gross Margin
POWW
POWW
SWKH
SWKH
Q4 25
87.1%
Q3 25
87.1%
Q2 25
87.2%
Q1 25
87.5%
Q4 24
87.4%
Q3 24
86.9%
Q2 24
85.8%
Q1 24
Operating Margin
POWW
POWW
SWKH
SWKH
Q4 25
14.7%
9.9%
Q3 25
5.9%
61.3%
Q2 25
-50.7%
46.1%
Q1 25
-213.6%
68.6%
Q4 24
-163.8%
44.7%
Q3 24
-50.3%
39.2%
Q2 24
-50.8%
8.3%
Q1 24
9.5%
Net Margin
POWW
POWW
SWKH
SWKH
Q4 25
16.7%
Q3 25
11.7%
80.7%
Q2 25
-54.5%
35.2%
Q1 25
-614.5%
38.4%
Q4 24
-208.7%
47.5%
Q3 24
-103.7%
33.3%
Q2 24
-120.2%
33.9%
Q1 24
10.3%
4.1%
EPS (diluted)
POWW
POWW
SWKH
SWKH
Q4 25
$0.01
$-1.59
Q3 25
$0.01
$0.72
Q2 25
$-0.06
$0.29
Q1 25
$-0.67
$0.37
Q4 24
$-0.23
$0.47
Q3 24
$-0.11
$0.28
Q2 24
$-0.13
$0.30
Q1 24
$-0.05
$0.04

Balance Sheet & Financial Strength

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

Metric
POWW
POWW
SWKH
SWKH
Cash + ST InvestmentsLiquidity on hand
$69.9M
$42.8M
Total DebtLower is stronger
$33.0M
Stockholders' EquityBook value
$237.3M
$235.1M
Total Assets
$271.7M
$272.4M
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POWW
POWW
SWKH
SWKH
Q4 25
$69.9M
$42.8M
Q3 25
$65.7M
$10.2M
Q2 25
$63.4M
$8.0M
Q1 25
$30.2M
$29.8M
Q4 24
$31.9M
$5.9M
Q3 24
$33.5M
$17.2M
Q2 24
$50.8M
$5.5M
Q1 24
$55.6M
$5.5M
Total Debt
POWW
POWW
SWKH
SWKH
Q4 25
$33.0M
Q3 25
$33.0M
Q2 25
$33.0M
Q1 25
$33.0M
Q4 24
$33.0M
Q3 24
$33.0M
Q2 24
$33.0M
Q1 24
$33.0M
Stockholders' Equity
POWW
POWW
SWKH
SWKH
Q4 25
$237.3M
$235.1M
Q3 25
$235.4M
$254.2M
Q2 25
$222.5M
$246.5M
Q1 25
$222.0M
$292.7M
Q4 24
$299.6M
$288.7M
Q3 24
$325.6M
$283.4M
Q2 24
$342.5M
$282.8M
Q1 24
$358.0M
$279.9M
Total Assets
POWW
POWW
SWKH
SWKH
Q4 25
$271.7M
$272.4M
Q3 25
$270.3M
$289.4M
Q2 25
$269.5M
$285.7M
Q1 25
$297.3M
$331.3M
Q4 24
$355.4M
$332.2M
Q3 24
$368.9M
$321.3M
Q2 24
$398.6M
$321.0M
Q1 24
$403.0M
$322.0M
Debt / Equity
POWW
POWW
SWKH
SWKH
Q4 25
0.14×
Q3 25
0.13×
Q2 25
0.13×
Q1 25
0.11×
Q4 24
0.11×
Q3 24
0.12×
Q2 24
0.12×
Q1 24
0.12×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
POWW
POWW
SWKH
SWKH
Operating Cash FlowLast quarter
$5.7M
$27.3M
Free Cash FlowOCF − Capex
$5.0M
$26.8M
FCF MarginFCF / Revenue
37.6%
308.1%
Capex IntensityCapex / Revenue
4.8%
5.9%
Cash ConversionOCF / Net Profit
2.55×
TTM Free Cash FlowTrailing 4 quarters
$-2.3M
$43.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
POWW
POWW
SWKH
SWKH
Q4 25
$5.7M
$27.3M
Q3 25
$3.2M
$906.0K
Q2 25
$-6.7M
$7.8M
Q1 25
$-1.5M
$8.3M
Q4 24
$1.3M
$23.0M
Q3 24
$-9.3M
$6.3M
Q2 24
$-547.5K
$5.4M
Q1 24
$4.3M
$4.4M
Free Cash Flow
POWW
POWW
SWKH
SWKH
Q4 25
$5.0M
$26.8M
Q3 25
$2.5M
$557.0K
Q2 25
$-7.6M
$7.7M
Q1 25
$-2.3M
$8.2M
Q4 24
$720.3K
$22.9M
Q3 24
$-10.6M
$6.3M
Q2 24
$-1.3M
$5.4M
Q1 24
$1.4M
FCF Margin
POWW
POWW
SWKH
SWKH
Q4 25
37.6%
308.1%
Q3 25
21.0%
5.1%
Q2 25
-63.8%
77.0%
Q1 25
-18.6%
69.1%
Q4 24
5.8%
185.3%
Q3 24
-88.3%
60.4%
Q2 24
-11.0%
49.7%
Q1 24
-2.8%
Capex Intensity
POWW
POWW
SWKH
SWKH
Q4 25
4.8%
5.9%
Q3 25
5.8%
3.2%
Q2 25
7.5%
0.6%
Q1 25
6.5%
0.8%
Q4 24
4.4%
1.1%
Q3 24
10.4%
0.3%
Q2 24
6.5%
0.2%
Q1 24
-5.7%
0.0%
Cash Conversion
POWW
POWW
SWKH
SWKH
Q4 25
2.55×
Q3 25
2.29×
0.10×
Q2 25
2.21×
Q1 25
1.82×
Q4 24
3.93×
Q3 24
1.82×
Q2 24
1.47×
Q1 24
9.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

POWW
POWW

Segment breakdown not available.

SWKH
SWKH

Finance Receivables Segment$8.4M96%
Other$329.0K4%

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