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Side-by-side financial comparison of SMITH & WESSON BRANDS, INC. (SWBI) and Twin Hospitality Group Inc. (TWNP). 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 $82.3M, roughly 1.5× Twin Hospitality Group Inc.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -29.7%, a 31.3% gap on every dollar of revenue. SMITH & WESSON BRANDS, INC. produced more free cash flow last quarter ($16.3M vs $-7.4M).
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
SWBI vs TWNP — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $124.7M | $82.3M |
| Net Profit | $1.9M | $-24.5M |
| Gross Margin | 24.3% | — |
| Operating Margin | 3.3% | -16.2% |
| Net Margin | 1.5% | -29.7% |
| Revenue YoY | -3.9% | — |
| Net Profit YoY | -53.6% | — |
| EPS (diluted) | $0.04 | $-0.43 |
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 | $85.1M | $82.3M | ||
| Q2 25 | $140.8M | $87.8M | ||
| Q1 25 | $115.9M | $87.1M | ||
| Q4 24 | $129.7M | — | ||
| Q3 24 | $88.3M | — | ||
| Q2 24 | $159.1M | — | ||
| Q1 24 | $137.5M | — |
| Q4 25 | $1.9M | — | ||
| Q3 25 | $-3.4M | $-24.5M | ||
| Q2 25 | $8.6M | $-20.8M | ||
| Q1 25 | $2.1M | $-12.1M | ||
| Q4 24 | $4.5M | — | ||
| Q3 24 | $-1.9M | — | ||
| Q2 24 | $27.9M | — | ||
| Q1 24 | $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 | -3.5% | -16.2% | ||
| Q2 25 | 9.3% | -13.2% | ||
| Q1 25 | 4.1% | -1.2% | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | -1.7% | — | ||
| Q2 24 | 17.4% | — | ||
| Q1 24 | 8.2% | — |
| Q4 25 | 1.5% | — | ||
| Q3 25 | -4.0% | -29.7% | ||
| Q2 25 | 6.1% | -23.7% | ||
| Q1 25 | 1.8% | -13.9% | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | -2.1% | — | ||
| Q2 24 | 17.5% | — | ||
| Q1 24 | 5.7% | — |
| Q4 25 | $0.04 | — | ||
| Q3 25 | $-0.08 | $-0.43 | ||
| Q2 25 | $0.19 | $-0.38 | ||
| Q1 25 | $0.05 | $-0.26 | ||
| 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 | $22.4M | — |
| Total DebtLower is stronger | — | $402.8M |
| Stockholders' EquityBook value | $363.2M | $-92.1M |
| Total Assets | $548.6M | $516.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | — | ||
| Q3 25 | $18.0M | — | ||
| Q2 25 | $25.2M | — | ||
| Q1 25 | $26.7M | — | ||
| Q4 24 | $39.1M | — | ||
| Q3 24 | $35.5M | — | ||
| Q2 24 | $60.8M | — | ||
| Q1 24 | $47.4M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $402.8M | ||
| Q2 25 | — | $411.3M | ||
| Q1 25 | — | $413.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $363.2M | — | ||
| Q3 25 | $364.4M | $-92.1M | ||
| Q2 25 | $372.5M | $-78.6M | ||
| Q1 25 | $366.9M | $-101.9M | ||
| Q4 24 | $371.5M | — | ||
| Q3 24 | $380.0M | — | ||
| Q2 24 | $399.9M | — | ||
| Q1 24 | $376.4M | — |
| Q4 25 | $548.6M | — | ||
| Q3 25 | $554.6M | $516.8M | ||
| Q2 25 | $559.6M | $535.1M | ||
| Q1 25 | $578.9M | $544.2M | ||
| Q4 24 | $587.4M | — | ||
| Q3 24 | $571.3M | — | ||
| Q2 24 | $577.4M | — | ||
| Q1 24 | $570.6M | — |
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 | $-5.9M |
| Free Cash FlowOCF − Capex | $16.3M | $-7.4M |
| FCF MarginFCF / Revenue | 13.1% | -9.0% |
| Capex IntensityCapex / Revenue | 8.8% | 1.9% |
| Cash ConversionOCF / Net Profit | 14.22× | — |
| TTM Free Cash FlowTrailing 4 quarters | $21.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.3M | — | ||
| Q3 25 | $-8.1M | $-5.9M | ||
| Q2 25 | $40.8M | $-8.8M | ||
| Q1 25 | $-9.8M | $-5.7M | ||
| Q4 24 | $-7.4M | — | ||
| Q3 24 | $-30.8M | — | ||
| Q2 24 | $43.7M | — | ||
| Q1 24 | $25.2M | — |
| Q4 25 | $16.3M | — | ||
| Q3 25 | $-12.4M | $-7.4M | ||
| Q2 25 | $33.5M | $-10.6M | ||
| Q1 25 | $-16.1M | $-9.7M | ||
| Q4 24 | $-10.7M | — | ||
| Q3 24 | $-35.5M | — | ||
| Q2 24 | $38.2M | — | ||
| Q1 24 | $7.0M | — |
| Q4 25 | 13.1% | — | ||
| Q3 25 | -14.6% | -9.0% | ||
| Q2 25 | 23.8% | -12.1% | ||
| Q1 25 | -13.9% | -11.2% | ||
| Q4 24 | -8.3% | — | ||
| Q3 24 | -40.2% | — | ||
| Q2 24 | 24.0% | — | ||
| Q1 24 | 5.1% | — |
| Q4 25 | 8.8% | — | ||
| Q3 25 | 5.0% | 1.9% | ||
| Q2 25 | 5.2% | 2.1% | ||
| Q1 25 | 5.4% | 4.6% | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 5.3% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 13.2% | — |
| 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.