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Side-by-side financial comparison of SMITH & WESSON BRANDS, INC. (SWBI) and ThredUp Inc. (TDUP). 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 $79.7M, roughly 1.6× ThredUp Inc.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -7.0%, a 8.5% gap on every dollar of revenue. On growth, ThredUp Inc. posted the faster year-over-year revenue change (18.5% vs -3.9%). SMITH & WESSON BRANDS, INC. produced more free cash flow last quarter ($16.3M vs $-3.2M). Over the past eight quarters, ThredUp Inc.'s revenue compounded faster (11.1% CAGR vs -4.8%).
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
ThredUp Inc. is an American company that operates an online resale platform specializing in the sale of second-hand clothing, footwear, and accessories. Founded in 2009 and headquartered in Oakland, California, it has established itself as one of the leading resale fashion marketplaces.
SWBI vs TDUP — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $124.7M | $79.7M |
| Net Profit | $1.9M | $-5.6M |
| Gross Margin | 24.3% | 79.6% |
| Operating Margin | 3.3% | -8.4% |
| Net Margin | 1.5% | -7.0% |
| Revenue YoY | -3.9% | 18.5% |
| Net Profit YoY | -53.6% | 74.3% |
| EPS (diluted) | $0.04 | $-0.06 |
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 | $79.7M | ||
| Q3 25 | $85.1M | $82.2M | ||
| Q2 25 | $140.8M | $77.7M | ||
| Q1 25 | $115.9M | $71.3M | ||
| Q4 24 | $129.7M | $67.3M | ||
| Q3 24 | $88.3M | $61.5M | ||
| Q2 24 | $159.1M | $66.7M | ||
| Q1 24 | $137.5M | $64.5M |
| Q4 25 | $1.9M | $-5.6M | ||
| Q3 25 | $-3.4M | $-4.2M | ||
| Q2 25 | $8.6M | $-5.2M | ||
| Q1 25 | $2.1M | $-5.2M | ||
| Q4 24 | $4.5M | $-21.7M | ||
| Q3 24 | $-1.9M | $-24.8M | ||
| Q2 24 | $27.9M | $-14.0M | ||
| Q1 24 | $7.9M | $-16.6M |
| Q4 25 | 24.3% | 79.6% | ||
| Q3 25 | 25.9% | 79.4% | ||
| Q2 25 | 28.8% | 79.5% | ||
| Q1 25 | 24.1% | 79.1% | ||
| Q4 24 | 26.6% | 80.4% | ||
| Q3 24 | 27.4% | 79.3% | ||
| Q2 24 | 35.5% | 78.8% | ||
| Q1 24 | 28.7% | 80.1% |
| Q4 25 | 3.3% | -8.4% | ||
| Q3 25 | -3.5% | -5.3% | ||
| Q2 25 | 9.3% | -6.8% | ||
| Q1 25 | 4.1% | -7.6% | ||
| Q4 24 | 5.8% | -12.1% | ||
| Q3 24 | -1.7% | -17.0% | ||
| Q2 24 | 17.4% | -14.4% | ||
| Q1 24 | 8.2% | -19.2% |
| Q4 25 | 1.5% | -7.0% | ||
| Q3 25 | -4.0% | -5.2% | ||
| Q2 25 | 6.1% | -6.7% | ||
| Q1 25 | 1.8% | -7.3% | ||
| Q4 24 | 3.5% | -32.3% | ||
| Q3 24 | -2.1% | -40.3% | ||
| Q2 24 | 17.5% | -20.9% | ||
| Q1 24 | 5.7% | -25.7% |
| Q4 25 | $0.04 | $-0.06 | ||
| Q3 25 | $-0.08 | $-0.03 | ||
| Q2 25 | $0.19 | $-0.04 | ||
| Q1 25 | $0.05 | $-0.04 | ||
| Q4 24 | $0.10 | $-0.19 | ||
| Q3 24 | $-0.04 | $-0.22 | ||
| Q2 24 | $0.60 | $-0.13 | ||
| Q1 24 | $0.17 | $-0.15 |
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 | $38.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $363.2M | $59.2M |
| Total Assets | $548.6M | $167.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $38.6M | ||
| Q3 25 | $18.0M | $46.2M | ||
| Q2 25 | $25.2M | $41.0M | ||
| Q1 25 | $26.7M | $41.1M | ||
| Q4 24 | $39.1M | $31.9M | ||
| Q3 24 | $35.5M | $43.7M | ||
| Q2 24 | $60.8M | $44.8M | ||
| Q1 24 | $47.4M | $50.1M |
| Q4 25 | $363.2M | $59.2M | ||
| Q3 25 | $364.4M | $59.1M | ||
| Q2 25 | $372.5M | $60.2M | ||
| Q1 25 | $366.9M | $56.1M | ||
| Q4 24 | $371.5M | $56.3M | ||
| Q3 24 | $380.0M | $69.3M | ||
| Q2 24 | $399.9M | $86.5M | ||
| Q1 24 | $376.4M | $93.5M |
| Q4 25 | $548.6M | $167.2M | ||
| Q3 25 | $554.6M | $172.5M | ||
| Q2 25 | $559.6M | $173.6M | ||
| Q1 25 | $578.9M | $172.5M | ||
| Q4 24 | $587.4M | $171.2M | ||
| Q3 24 | $571.3M | $214.9M | ||
| Q2 24 | $577.4M | $231.2M | ||
| Q1 24 | $570.6M | $244.3M |
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 | $-1.5M |
| Free Cash FlowOCF − Capex | $16.3M | $-3.2M |
| FCF MarginFCF / Revenue | 13.1% | -4.0% |
| Capex IntensityCapex / Revenue | 8.8% | 2.2% |
| Cash ConversionOCF / Net Profit | 14.22× | — |
| TTM Free Cash FlowTrailing 4 quarters | $21.3M | $180.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.3M | $-1.5M | ||
| Q3 25 | $-8.1M | $6.0M | ||
| Q2 25 | $40.8M | $344.0K | ||
| Q1 25 | $-9.8M | $5.7M | ||
| Q4 24 | $-7.4M | $663.0K | ||
| Q3 24 | $-30.8M | $3.3M | ||
| Q2 24 | $43.7M | $-5.0M | ||
| Q1 24 | $25.2M | $1.4M |
| Q4 25 | $16.3M | $-3.2M | ||
| Q3 25 | $-12.4M | $2.4M | ||
| Q2 25 | $33.5M | $-2.9M | ||
| Q1 25 | $-16.1M | $3.9M | ||
| Q4 24 | $-10.7M | $-1.8M | ||
| Q3 24 | $-35.5M | $1.2M | ||
| Q2 24 | $38.2M | $-5.8M | ||
| Q1 24 | $7.0M | $267.0K |
| Q4 25 | 13.1% | -4.0% | ||
| Q3 25 | -14.6% | 2.9% | ||
| Q2 25 | 23.8% | -3.8% | ||
| Q1 25 | -13.9% | 5.5% | ||
| Q4 24 | -8.3% | -2.7% | ||
| Q3 24 | -40.2% | 2.0% | ||
| Q2 24 | 24.0% | -8.7% | ||
| Q1 24 | 5.1% | 0.4% |
| Q4 25 | 8.8% | 2.2% | ||
| Q3 25 | 5.0% | 4.4% | ||
| Q2 25 | 5.2% | 4.2% | ||
| Q1 25 | 5.4% | 2.5% | ||
| Q4 24 | 2.5% | 3.7% | ||
| Q3 24 | 5.3% | 3.5% | ||
| Q2 24 | 3.5% | 1.3% | ||
| Q1 24 | 13.2% | 1.7% |
| Q4 25 | 14.22× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.73× | — | ||
| Q1 25 | -4.68× | — | ||
| Q4 24 | -1.63× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.57× | — | ||
| Q1 24 | 3.20× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
