vs
Side-by-side financial comparison of SMITH & WESSON BRANDS, INC. (SWBI) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). 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 $103.6M, roughly 1.2× TACTILE SYSTEMS TECHNOLOGY INC). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs 1.5%, a 8.7% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs -3.9%). TACTILE SYSTEMS TECHNOLOGY INC produced more free cash flow last quarter ($16.8M vs $16.3M). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% CAGR vs -4.8%).
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
SWBI vs TCMD — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $124.7M | $103.6M |
| Net Profit | $1.9M | $10.6M |
| Gross Margin | 24.3% | 78.2% |
| Operating Margin | 3.3% | 18.1% |
| Net Margin | 1.5% | 10.3% |
| Revenue YoY | -3.9% | 21.0% |
| Net Profit YoY | -53.6% | 9.4% |
| EPS (diluted) | $0.04 | $0.45 |
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 | $103.6M | ||
| Q3 25 | $85.1M | $85.8M | ||
| Q2 25 | $140.8M | $78.9M | ||
| Q1 25 | $115.9M | $61.3M | ||
| Q4 24 | $129.7M | $85.6M | ||
| Q3 24 | $88.3M | $73.1M | ||
| Q2 24 | $159.1M | $73.2M | ||
| Q1 24 | $137.5M | $61.1M |
| Q4 25 | $1.9M | $10.6M | ||
| Q3 25 | $-3.4M | $8.2M | ||
| Q2 25 | $8.6M | $3.2M | ||
| Q1 25 | $2.1M | $-3.0M | ||
| Q4 24 | $4.5M | $9.7M | ||
| Q3 24 | $-1.9M | $5.2M | ||
| Q2 24 | $27.9M | $4.3M | ||
| Q1 24 | $7.9M | $-2.2M |
| Q4 25 | 24.3% | 78.2% | ||
| Q3 25 | 25.9% | 75.8% | ||
| Q2 25 | 28.8% | 74.5% | ||
| Q1 25 | 24.1% | 74.0% | ||
| Q4 24 | 26.6% | 75.2% | ||
| Q3 24 | 27.4% | 75.0% | ||
| Q2 24 | 35.5% | 73.9% | ||
| Q1 24 | 28.7% | 71.1% |
| Q4 25 | 3.3% | 18.1% | ||
| Q3 25 | -3.5% | 12.8% | ||
| Q2 25 | 9.3% | 5.2% | ||
| Q1 25 | 4.1% | -7.4% | ||
| Q4 24 | 5.8% | 14.6% | ||
| Q3 24 | -1.7% | 9.3% | ||
| Q2 24 | 17.4% | 8.0% | ||
| Q1 24 | 8.2% | -4.9% |
| Q4 25 | 1.5% | 10.3% | ||
| Q3 25 | -4.0% | 9.6% | ||
| Q2 25 | 6.1% | 4.1% | ||
| Q1 25 | 1.8% | -4.9% | ||
| Q4 24 | 3.5% | 11.4% | ||
| Q3 24 | -2.1% | 7.1% | ||
| Q2 24 | 17.5% | 5.9% | ||
| Q1 24 | 5.7% | -3.6% |
| Q4 25 | $0.04 | $0.45 | ||
| Q3 25 | $-0.08 | $0.36 | ||
| Q2 25 | $0.19 | $0.14 | ||
| Q1 25 | $0.05 | $-0.13 | ||
| Q4 24 | $0.10 | $0.40 | ||
| Q3 24 | $-0.04 | $0.21 | ||
| Q2 24 | $0.60 | $0.18 | ||
| Q1 24 | $0.17 | $-0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $22.4M | $83.4M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $363.2M | $218.9M |
| Total Assets | $548.6M | $273.9M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $83.4M | ||
| Q3 25 | $18.0M | $66.0M | ||
| Q2 25 | $25.2M | $81.5M | ||
| Q1 25 | $26.7M | $83.6M | ||
| Q4 24 | $39.1M | $94.4M | ||
| Q3 24 | $35.5M | $82.1M | ||
| Q2 24 | $60.8M | $73.6M | ||
| Q1 24 | $47.4M | $60.7M |
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $27.0M | ||
| Q2 24 | — | $27.8M | ||
| Q1 24 | — | $28.5M |
| Q4 25 | $363.2M | $218.9M | ||
| Q3 25 | $364.4M | $204.9M | ||
| Q2 25 | $372.5M | $194.9M | ||
| Q1 25 | $366.9M | $205.6M | ||
| Q4 24 | $371.5M | $216.6M | ||
| Q3 24 | $380.0M | $207.9M | ||
| Q2 24 | $399.9M | $200.7M | ||
| Q1 24 | $376.4M | $193.5M |
| Q4 25 | $548.6M | $273.9M | ||
| Q3 25 | $554.6M | $259.2M | ||
| Q2 25 | $559.6M | $273.0M | ||
| Q1 25 | $578.9M | $280.2M | ||
| Q4 24 | $587.4M | $297.9M | ||
| Q3 24 | $571.3M | $287.7M | ||
| Q2 24 | $577.4M | $278.8M | ||
| Q1 24 | $570.6M | $272.0M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.15× |
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 | $27.3M | $17.3M |
| Free Cash FlowOCF − Capex | $16.3M | $16.8M |
| FCF MarginFCF / Revenue | 13.1% | 16.2% |
| Capex IntensityCapex / Revenue | 8.8% | 0.5% |
| Cash ConversionOCF / Net Profit | 14.22× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $21.3M | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.3M | $17.3M | ||
| Q3 25 | $-8.1M | $10.3M | ||
| Q2 25 | $40.8M | $14.8M | ||
| Q1 25 | $-9.8M | $417.0K | ||
| Q4 24 | $-7.4M | $16.3M | ||
| Q3 24 | $-30.8M | $10.3M | ||
| Q2 24 | $43.7M | $13.1M | ||
| Q1 24 | $25.2M | $924.0K |
| Q4 25 | $16.3M | $16.8M | ||
| Q3 25 | $-12.4M | $9.2M | ||
| Q2 25 | $33.5M | $14.4M | ||
| Q1 25 | $-16.1M | $38.0K | ||
| Q4 24 | $-10.7M | $15.9M | ||
| Q3 24 | $-35.5M | $9.3M | ||
| Q2 24 | $38.2M | $12.6M | ||
| Q1 24 | $7.0M | $442.0K |
| Q4 25 | 13.1% | 16.2% | ||
| Q3 25 | -14.6% | 10.8% | ||
| Q2 25 | 23.8% | 18.2% | ||
| Q1 25 | -13.9% | 0.1% | ||
| Q4 24 | -8.3% | 18.5% | ||
| Q3 24 | -40.2% | 12.7% | ||
| Q2 24 | 24.0% | 17.3% | ||
| Q1 24 | 5.1% | 0.7% |
| Q4 25 | 8.8% | 0.5% | ||
| Q3 25 | 5.0% | 1.3% | ||
| Q2 25 | 5.2% | 0.5% | ||
| Q1 25 | 5.4% | 0.6% | ||
| Q4 24 | 2.5% | 0.5% | ||
| Q3 24 | 5.3% | 1.3% | ||
| Q2 24 | 3.5% | 0.7% | ||
| Q1 24 | 13.2% | 0.8% |
| Q4 25 | 14.22× | 1.63× | ||
| Q3 25 | — | 1.26× | ||
| Q2 25 | 4.73× | 4.59× | ||
| Q1 25 | -4.68× | — | ||
| Q4 24 | -1.63× | 1.68× | ||
| Q3 24 | — | 1.99× | ||
| Q2 24 | 1.57× | 3.06× | ||
| Q1 24 | 3.20× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SWBI
Segment breakdown not available.
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
