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Side-by-side financial comparison of SMITH & WESSON BRANDS, INC. (SWBI) and Bancorp, Inc. (TBBK). Click either name above to swap in a different company.

Bancorp, Inc. is the larger business by last-quarter revenue ($161.3M vs $124.7M, roughly 1.3× SMITH & WESSON BRANDS, INC.). Bancorp, Inc. runs the higher net margin — 37.2% vs 1.5%, a 35.7% gap on every dollar of revenue. On growth, SMITH & WESSON BRANDS, INC. posted the faster year-over-year revenue change (-3.9% vs -8.0%). Over the past eight quarters, Bancorp, Inc.'s revenue compounded faster (13.8% CAGR vs -4.8%).

Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

SWBI vs TBBK — Head-to-Head

Bigger by revenue
TBBK
TBBK
1.3× larger
TBBK
$161.3M
$124.7M
SWBI
Growing faster (revenue YoY)
SWBI
SWBI
+4.1% gap
SWBI
-3.9%
-8.0%
TBBK
Higher net margin
TBBK
TBBK
35.7% more per $
TBBK
37.2%
1.5%
SWBI
Faster 2-yr revenue CAGR
TBBK
TBBK
Annualised
TBBK
13.8%
-4.8%
SWBI

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
SWBI
SWBI
TBBK
TBBK
Revenue
$124.7M
$161.3M
Net Profit
$1.9M
$60.1M
Gross Margin
24.3%
Operating Margin
3.3%
Net Margin
1.5%
37.2%
Revenue YoY
-3.9%
-8.0%
Net Profit YoY
-53.6%
-1.5%
EPS (diluted)
$0.04
$1.41

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
SWBI
SWBI
TBBK
TBBK
Q1 26
$161.3M
Q4 25
$124.7M
$172.6M
Q3 25
$85.1M
$174.6M
Q2 25
$140.8M
$181.2M
Q1 25
$115.9M
$175.4M
Q4 24
$129.7M
$159.6M
Q3 24
$88.3M
$125.8M
Q2 24
$159.1M
$124.5M
Net Profit
SWBI
SWBI
TBBK
TBBK
Q1 26
$60.1M
Q4 25
$1.9M
Q3 25
$-3.4M
$54.9M
Q2 25
$8.6M
$59.8M
Q1 25
$2.1M
$57.2M
Q4 24
$4.5M
Q3 24
$-1.9M
$51.5M
Q2 24
$27.9M
$53.7M
Gross Margin
SWBI
SWBI
TBBK
TBBK
Q1 26
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%
Operating Margin
SWBI
SWBI
TBBK
TBBK
Q1 26
Q4 25
3.3%
43.4%
Q3 25
-3.5%
41.9%
Q2 25
9.3%
43.9%
Q1 25
4.1%
42.9%
Q4 24
5.8%
47.9%
Q3 24
-1.7%
54.9%
Q2 24
17.4%
57.7%
Net Margin
SWBI
SWBI
TBBK
TBBK
Q1 26
37.2%
Q4 25
1.5%
Q3 25
-4.0%
31.5%
Q2 25
6.1%
33.0%
Q1 25
1.8%
32.6%
Q4 24
3.5%
Q3 24
-2.1%
40.9%
Q2 24
17.5%
43.1%
EPS (diluted)
SWBI
SWBI
TBBK
TBBK
Q1 26
$1.41
Q4 25
$0.04
$1.28
Q3 25
$-0.08
$1.18
Q2 25
$0.19
$1.27
Q1 25
$0.05
$1.19
Q4 24
$0.10
$1.14
Q3 24
$-0.04
$1.04
Q2 24
$0.60
$1.05

Balance Sheet & Financial Strength

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

Metric
SWBI
SWBI
TBBK
TBBK
Cash + ST InvestmentsLiquidity on hand
$22.4M
Total DebtLower is stronger
$483.7M
Stockholders' EquityBook value
$363.2M
$697.0M
Total Assets
$548.6M
$9.9B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWBI
SWBI
TBBK
TBBK
Q1 26
Q4 25
$22.4M
$112.6M
Q3 25
$18.0M
$84.7M
Q2 25
$25.2M
$340.3M
Q1 25
$26.7M
$1.0B
Q4 24
$39.1M
$570.1M
Q3 24
$35.5M
$55.8M
Q2 24
$60.8M
$405.6M
Total Debt
SWBI
SWBI
TBBK
TBBK
Q1 26
$483.7M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$14.1M
Q3 24
Q2 24
Stockholders' Equity
SWBI
SWBI
TBBK
TBBK
Q1 26
$697.0M
Q4 25
$363.2M
$689.8M
Q3 25
$364.4M
$778.2M
Q2 25
$372.5M
$860.3M
Q1 25
$366.9M
$829.7M
Q4 24
$371.5M
$789.8M
Q3 24
$380.0M
$815.3M
Q2 24
$399.9M
$777.0M
Total Assets
SWBI
SWBI
TBBK
TBBK
Q1 26
$9.9B
Q4 25
$548.6M
$9.4B
Q3 25
$554.6M
$8.6B
Q2 25
$559.6M
$8.8B
Q1 25
$578.9M
$9.4B
Q4 24
$587.4M
$8.7B
Q3 24
$571.3M
$8.1B
Q2 24
$577.4M
$8.1B
Debt / Equity
SWBI
SWBI
TBBK
TBBK
Q1 26
0.69×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.02×
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
SWBI
SWBI
TBBK
TBBK
Operating Cash FlowLast quarter
$27.3M
Free Cash FlowOCF − Capex
$16.3M
FCF MarginFCF / Revenue
13.1%
Capex IntensityCapex / Revenue
8.8%
Cash ConversionOCF / Net Profit
14.22×
TTM Free Cash FlowTrailing 4 quarters
$21.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SWBI
SWBI
TBBK
TBBK
Q1 26
Q4 25
$27.3M
$265.0M
Q3 25
$-8.1M
$78.2M
Q2 25
$40.8M
$85.9M
Q1 25
$-9.8M
$132.5M
Q4 24
$-7.4M
$209.9M
Q3 24
$-30.8M
$50.8M
Q2 24
$43.7M
$17.1M
Free Cash Flow
SWBI
SWBI
TBBK
TBBK
Q1 26
Q4 25
$16.3M
$257.9M
Q3 25
$-12.4M
$77.6M
Q2 25
$33.5M
$85.4M
Q1 25
$-16.1M
$131.7M
Q4 24
$-10.7M
$204.9M
Q3 24
$-35.5M
$49.7M
Q2 24
$38.2M
$15.5M
FCF Margin
SWBI
SWBI
TBBK
TBBK
Q1 26
Q4 25
13.1%
149.4%
Q3 25
-14.6%
44.4%
Q2 25
23.8%
47.1%
Q1 25
-13.9%
75.1%
Q4 24
-8.3%
128.4%
Q3 24
-40.2%
39.5%
Q2 24
24.0%
12.4%
Capex Intensity
SWBI
SWBI
TBBK
TBBK
Q1 26
Q4 25
8.8%
4.1%
Q3 25
5.0%
0.4%
Q2 25
5.2%
0.3%
Q1 25
5.4%
0.4%
Q4 24
2.5%
3.1%
Q3 24
5.3%
0.9%
Q2 24
3.5%
1.3%
Cash Conversion
SWBI
SWBI
TBBK
TBBK
Q1 26
Q4 25
14.22×
Q3 25
1.42×
Q2 25
4.73×
1.44×
Q1 25
-4.68×
2.32×
Q4 24
-1.63×
Q3 24
0.99×
Q2 24
1.57×
0.32×

Financial Flow Comparison

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

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