vs
Side-by-side financial comparison of RE/MAX Holdings, Inc. (RMAX) 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 $71.1M, roughly 1.8× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs 1.5%, a 0.5% gap on every dollar of revenue. On growth, RE/MAX Holdings, Inc. posted the faster year-over-year revenue change (-1.8% vs -3.9%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $16.3M). Over the past eight quarters, RE/MAX Holdings, Inc.'s revenue compounded faster (-4.7% CAGR vs -4.8%).
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
RMAX vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $71.1M | $124.7M |
| Net Profit | $1.4M | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | 13.1% | 3.3% |
| Net Margin | 2.0% | 1.5% |
| Revenue YoY | -1.8% | -3.9% |
| Net Profit YoY | -75.2% | -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.
| Q4 25 | $71.1M | $124.7M | ||
| Q3 25 | $73.2M | $85.1M | ||
| Q2 25 | $72.8M | $140.8M | ||
| Q1 25 | $74.5M | $115.9M | ||
| Q4 24 | $72.5M | $129.7M | ||
| Q3 24 | $78.5M | $88.3M | ||
| Q2 24 | $78.5M | $159.1M | ||
| Q1 24 | $78.3M | $137.5M |
| Q4 25 | $1.4M | $1.9M | ||
| Q3 25 | $4.0M | $-3.4M | ||
| Q2 25 | $4.7M | $8.6M | ||
| Q1 25 | $-2.0M | $2.1M | ||
| Q4 24 | $5.8M | $4.5M | ||
| Q3 24 | $966.0K | $-1.9M | ||
| Q2 24 | $3.7M | $27.9M | ||
| Q1 24 | $-3.4M | $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 | 13.1% | 3.3% | ||
| Q3 25 | 25.0% | -3.5% | ||
| Q2 25 | 19.3% | 9.3% | ||
| Q1 25 | 7.2% | 4.1% | ||
| Q4 24 | 5.9% | 5.8% | ||
| Q3 24 | 19.4% | -1.7% | ||
| Q2 24 | 20.6% | 17.4% | ||
| Q1 24 | 5.8% | 8.2% |
| Q4 25 | 2.0% | 1.5% | ||
| Q3 25 | 5.4% | -4.0% | ||
| Q2 25 | 6.4% | 6.1% | ||
| Q1 25 | -2.6% | 1.8% | ||
| Q4 24 | 8.0% | 3.5% | ||
| Q3 24 | 1.2% | -2.1% | ||
| Q2 24 | 4.7% | 17.5% | ||
| Q1 24 | -4.3% | 5.7% |
| Q4 25 | — | $0.04 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | — | $0.19 | ||
| Q1 25 | — | $0.05 | ||
| Q4 24 | — | $0.10 | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | $0.60 | ||
| Q1 24 | — | $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 | $118.7M | $22.4M |
| Total DebtLower is stronger | $432.2M | — |
| Stockholders' EquityBook value | $452.4M | $363.2M |
| Total Assets | $582.5M | $548.6M |
| Debt / EquityLower = less leverage | 0.96× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $118.7M | $22.4M | ||
| Q3 25 | $107.5M | $18.0M | ||
| Q2 25 | $94.3M | $25.2M | ||
| Q1 25 | $89.1M | $26.7M | ||
| Q4 24 | $96.6M | $39.1M | ||
| Q3 24 | $83.8M | $35.5M | ||
| Q2 24 | $66.1M | $60.8M | ||
| Q1 24 | $82.1M | $47.4M |
| Q4 25 | $432.2M | — | ||
| Q3 25 | $433.3M | — | ||
| Q2 25 | $434.4M | — | ||
| Q1 25 | $435.3M | — | ||
| Q4 24 | $436.2M | — | ||
| Q3 24 | $437.2M | — | ||
| Q2 24 | $438.1M | — | ||
| Q1 24 | $439.0M | — |
| Q4 25 | $452.4M | $363.2M | ||
| Q3 25 | $448.1M | $364.4M | ||
| Q2 25 | $442.4M | $372.5M | ||
| Q1 25 | $433.5M | $366.9M | ||
| Q4 24 | $429.5M | $371.5M | ||
| Q3 24 | $423.1M | $380.0M | ||
| Q2 24 | $418.4M | $399.9M | ||
| Q1 24 | $412.0M | $376.4M |
| Q4 25 | $582.5M | $548.6M | ||
| Q3 25 | $582.2M | $554.6M | ||
| Q2 25 | $574.8M | $559.6M | ||
| Q1 25 | $571.4M | $578.9M | ||
| Q4 24 | $581.6M | $587.4M | ||
| Q3 24 | $578.6M | $571.3M | ||
| Q2 24 | $571.4M | $577.4M | ||
| Q1 24 | $566.7M | $570.6M |
| Q4 25 | 0.96× | — | ||
| Q3 25 | 0.97× | — | ||
| Q2 25 | 0.98× | — | ||
| Q1 25 | 1.00× | — | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 1.03× | — | ||
| Q2 24 | 1.05× | — | ||
| Q1 24 | 1.07× | — |
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 | $40.9M | $27.3M |
| Free Cash FlowOCF − Capex | $33.5M | $16.3M |
| FCF MarginFCF / Revenue | 47.1% | 13.1% |
| Capex IntensityCapex / Revenue | 10.4% | 8.8% |
| Cash ConversionOCF / Net Profit | 28.39× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $56.8M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.9M | $27.3M | ||
| Q3 25 | $17.7M | $-8.1M | ||
| Q2 25 | $4.6M | $40.8M | ||
| Q1 25 | $5.7M | $-9.8M | ||
| Q4 24 | $59.7M | $-7.4M | ||
| Q3 24 | $17.6M | $-30.8M | ||
| Q2 24 | $15.9M | $43.7M | ||
| Q1 24 | $9.4M | $25.2M |
| Q4 25 | $33.5M | $16.3M | ||
| Q3 25 | $16.4M | $-12.4M | ||
| Q2 25 | $2.9M | $33.5M | ||
| Q1 25 | $4.0M | $-16.1M | ||
| Q4 24 | $53.0M | $-10.7M | ||
| Q3 24 | $16.3M | $-35.5M | ||
| Q2 24 | $14.0M | $38.2M | ||
| Q1 24 | $6.8M | $7.0M |
| Q4 25 | 47.1% | 13.1% | ||
| Q3 25 | 22.4% | -14.6% | ||
| Q2 25 | 4.0% | 23.8% | ||
| Q1 25 | 5.3% | -13.9% | ||
| Q4 24 | 73.2% | -8.3% | ||
| Q3 24 | 20.8% | -40.2% | ||
| Q2 24 | 17.8% | 24.0% | ||
| Q1 24 | 8.6% | 5.1% |
| Q4 25 | 10.4% | 8.8% | ||
| Q3 25 | 1.8% | 5.0% | ||
| Q2 25 | 2.2% | 5.2% | ||
| Q1 25 | 2.3% | 5.4% | ||
| Q4 24 | 9.1% | 2.5% | ||
| Q3 24 | 1.7% | 5.3% | ||
| Q2 24 | 2.4% | 3.5% | ||
| Q1 24 | 3.3% | 13.2% |
| Q4 25 | 28.39× | 14.22× | ||
| Q3 25 | 4.45× | — | ||
| Q2 25 | 0.97× | 4.73× | ||
| Q1 25 | — | -4.68× | ||
| Q4 24 | 10.28× | -1.63× | ||
| Q3 24 | 18.22× | — | ||
| Q2 24 | 4.29× | 1.57× | ||
| Q1 24 | — | 3.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
SWBI
Segment breakdown not available.
