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Side-by-side financial comparison of RCI HOSPITALITY HOLDINGS, INC. (RICK) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
SMITH & WESSON BRANDS, INC. is the larger business by last-quarter revenue ($124.7M vs $70.9M, roughly 1.8× RCI HOSPITALITY HOLDINGS, INC.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -7.8%, a 9.3% gap on every dollar of revenue. On growth, RCI HOSPITALITY HOLDINGS, INC. posted the faster year-over-year revenue change (-3.1% vs -3.9%). SMITH & WESSON BRANDS, INC. produced more free cash flow last quarter ($16.3M vs $11.5M). Over the past eight quarters, RCI HOSPITALITY HOLDINGS, INC.'s revenue compounded faster (-2.0% CAGR vs -4.8%).
RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
RICK vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $70.9M | $124.7M |
| Net Profit | $-5.5M | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | -0.7% | 3.3% |
| Net Margin | -7.8% | 1.5% |
| Revenue YoY | -3.1% | -3.9% |
| Net Profit YoY | -2354.9% | -53.6% |
| EPS (diluted) | $-0.60 | $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 | — | $124.7M | ||
| Q3 25 | $70.9M | $85.1M | ||
| Q2 25 | $71.1M | $140.8M | ||
| Q1 25 | $65.9M | $115.9M | ||
| Q4 24 | $71.5M | $129.7M | ||
| Q3 24 | $73.2M | $88.3M | ||
| Q2 24 | $76.2M | $159.1M | ||
| Q1 24 | $72.3M | $137.5M |
| Q4 25 | — | $1.9M | ||
| Q3 25 | $-5.5M | $-3.4M | ||
| Q2 25 | $4.1M | $8.6M | ||
| Q1 25 | $3.2M | $2.1M | ||
| Q4 24 | $9.0M | $4.5M | ||
| Q3 24 | $244.0K | $-1.9M | ||
| Q2 24 | $-5.2M | $27.9M | ||
| Q1 24 | $774.0K | $7.9M |
| 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 24 | — | 28.7% |
| Q4 25 | — | 3.3% | ||
| Q3 25 | -0.7% | -3.5% | ||
| Q2 25 | 12.2% | 9.3% | ||
| Q1 25 | 12.4% | 4.1% | ||
| Q4 24 | 19.5% | 5.8% | ||
| Q3 24 | 4.8% | -1.7% | ||
| Q2 24 | -3.3% | 17.4% | ||
| Q1 24 | 6.4% | 8.2% |
| Q4 25 | — | 1.5% | ||
| Q3 25 | -7.8% | -4.0% | ||
| Q2 25 | 5.7% | 6.1% | ||
| Q1 25 | 4.9% | 1.8% | ||
| Q4 24 | 12.6% | 3.5% | ||
| Q3 24 | 0.3% | -2.1% | ||
| Q2 24 | -6.9% | 17.5% | ||
| Q1 24 | 1.1% | 5.7% |
| Q4 25 | — | $0.04 | ||
| Q3 25 | $-0.60 | $-0.08 | ||
| Q2 25 | $0.46 | $0.19 | ||
| Q1 25 | $0.36 | $0.05 | ||
| Q4 24 | $1.01 | $0.10 | ||
| Q3 24 | $0.04 | $-0.04 | ||
| Q2 24 | $-0.56 | $0.60 | ||
| Q1 24 | $0.08 | $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 | $33.7M | $22.4M |
| Total DebtLower is stronger | $238.2M | — |
| Stockholders' EquityBook value | $261.1M | $363.2M |
| Total Assets | $596.9M | $548.6M |
| Debt / EquityLower = less leverage | 0.91× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $22.4M | ||
| Q3 25 | $33.7M | $18.0M | ||
| Q2 25 | $29.3M | $25.2M | ||
| Q1 25 | $32.7M | $26.7M | ||
| Q4 24 | $34.7M | $39.1M | ||
| Q3 24 | $32.4M | $35.5M | ||
| Q2 24 | $34.9M | $60.8M | ||
| Q1 24 | $20.0M | $47.4M |
| Q4 25 | — | — | ||
| Q3 25 | $238.2M | — | ||
| Q2 25 | $243.8M | — | ||
| Q1 25 | $244.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $241.1M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $363.2M | ||
| Q3 25 | $261.1M | $364.4M | ||
| Q2 25 | $269.5M | $372.5M | ||
| Q1 25 | $268.8M | $366.9M | ||
| Q4 24 | $269.0M | $371.5M | ||
| Q3 24 | $263.4M | $380.0M | ||
| Q2 24 | $271.2M | $399.9M | ||
| Q1 24 | $285.8M | $376.4M |
| Q4 25 | — | $548.6M | ||
| Q3 25 | $596.9M | $554.6M | ||
| Q2 25 | $597.4M | $559.6M | ||
| Q1 25 | $589.8M | $578.9M | ||
| Q4 24 | $586.2M | $587.4M | ||
| Q3 24 | $584.4M | $571.3M | ||
| Q2 24 | $601.0M | $577.4M | ||
| Q1 24 | $609.9M | $570.6M |
| Q4 25 | — | — | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.92× | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $13.7M | $27.3M |
| Free Cash FlowOCF − Capex | $11.5M | $16.3M |
| FCF MarginFCF / Revenue | 16.2% | 13.1% |
| Capex IntensityCapex / Revenue | 3.2% | 8.8% |
| Cash ConversionOCF / Net Profit | — | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $34.9M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $27.3M | ||
| Q3 25 | $13.7M | $-8.1M | ||
| Q2 25 | $13.8M | $40.8M | ||
| Q1 25 | $8.5M | $-9.8M | ||
| Q4 24 | $13.3M | $-7.4M | ||
| Q3 24 | $15.7M | $-30.8M | ||
| Q2 24 | $15.8M | $43.7M | ||
| Q1 24 | $10.8M | $25.2M |
| Q4 25 | — | $16.3M | ||
| Q3 25 | $11.5M | $-12.4M | ||
| Q2 25 | $10.1M | $33.5M | ||
| Q1 25 | $5.7M | $-16.1M | ||
| Q4 24 | $7.6M | $-10.7M | ||
| Q3 24 | $10.3M | $-35.5M | ||
| Q2 24 | $9.3M | $38.2M | ||
| Q1 24 | $3.2M | $7.0M |
| Q4 25 | — | 13.1% | ||
| Q3 25 | 16.2% | -14.6% | ||
| Q2 25 | 14.2% | 23.8% | ||
| Q1 25 | 8.6% | -13.9% | ||
| Q4 24 | 10.6% | -8.3% | ||
| Q3 24 | 14.0% | -40.2% | ||
| Q2 24 | 12.3% | 24.0% | ||
| Q1 24 | 4.4% | 5.1% |
| Q4 25 | — | 8.8% | ||
| Q3 25 | 3.2% | 5.0% | ||
| Q2 25 | 5.2% | 5.2% | ||
| Q1 25 | 4.3% | 5.4% | ||
| Q4 24 | 8.0% | 2.5% | ||
| Q3 24 | 7.3% | 5.3% | ||
| Q2 24 | 8.4% | 3.5% | ||
| Q1 24 | 10.6% | 13.2% |
| Q4 25 | — | 14.22× | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.40× | 4.73× | ||
| Q1 25 | 2.65× | -4.68× | ||
| Q4 24 | 1.48× | -1.63× | ||
| Q3 24 | 64.14× | — | ||
| Q2 24 | — | 1.57× | ||
| Q1 24 | 14.00× | 3.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RICK
| Transferred At Point In Time | $60.8M | 86% |
| Food And Merchandise | $10.4M | 15% |
SWBI
Segment breakdown not available.