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Side-by-side financial comparison of SMITH & WESSON BRANDS, INC. (SWBI) and VICOR CORP (VICR). 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 $113.0M, roughly 1.1× VICOR CORP). VICOR CORP runs the higher net margin — 18.3% vs 1.5%, a 16.8% gap on every dollar of revenue. On growth, VICOR CORP posted the faster year-over-year revenue change (20.2% vs -3.9%). Over the past eight quarters, VICOR CORP's revenue compounded faster (14.7% CAGR vs -4.8%).
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.
SWBI vs VICR — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $124.7M | $113.0M |
| Net Profit | $1.9M | $20.7M |
| Gross Margin | 24.3% | — |
| Operating Margin | 3.3% | — |
| Net Margin | 1.5% | 18.3% |
| Revenue YoY | -3.9% | 20.2% |
| Net Profit YoY | -53.6% | 713.9% |
| EPS (diluted) | $0.04 | $0.44 |
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.
| Q1 26 | — | $113.0M | ||
| Q4 25 | $124.7M | $107.3M | ||
| Q3 25 | $85.1M | $110.4M | ||
| Q2 25 | $140.8M | $96.0M | ||
| Q1 25 | $115.9M | $94.0M | ||
| Q4 24 | $129.7M | $96.2M | ||
| Q3 24 | $88.3M | $93.2M | ||
| Q2 24 | $159.1M | $85.9M |
| Q1 26 | — | $20.7M | ||
| Q4 25 | $1.9M | $46.5M | ||
| Q3 25 | $-3.4M | $28.3M | ||
| Q2 25 | $8.6M | $41.2M | ||
| Q1 25 | $2.1M | $2.5M | ||
| Q4 24 | $4.5M | $10.2M | ||
| Q3 24 | $-1.9M | $11.6M | ||
| Q2 24 | $27.9M | $-1.2M |
| Q1 26 | — | — | ||
| Q4 25 | 24.3% | 55.4% | ||
| Q3 25 | 25.9% | 57.5% | ||
| Q2 25 | 28.8% | 95.9% | ||
| Q1 25 | 24.1% | 47.2% | ||
| Q4 24 | 26.6% | 52.4% | ||
| Q3 24 | 27.4% | 49.1% | ||
| Q2 24 | 35.5% | 49.8% |
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | 14.6% | ||
| Q3 25 | -3.5% | 18.9% | ||
| Q2 25 | 9.3% | 47.3% | ||
| Q1 25 | 4.1% | -0.2% | ||
| Q4 24 | 5.8% | 9.6% | ||
| Q3 24 | -1.7% | 5.8% | ||
| Q2 24 | 17.4% | 0.2% |
| Q1 26 | — | 18.3% | ||
| Q4 25 | 1.5% | 43.4% | ||
| Q3 25 | -4.0% | 25.6% | ||
| Q2 25 | 6.1% | 42.9% | ||
| Q1 25 | 1.8% | 2.7% | ||
| Q4 24 | 3.5% | 10.7% | ||
| Q3 24 | -2.1% | 12.4% | ||
| Q2 24 | 17.5% | -1.4% |
| Q1 26 | — | $0.44 | ||
| Q4 25 | $0.04 | $1.01 | ||
| Q3 25 | $-0.08 | $0.63 | ||
| Q2 25 | $0.19 | $0.91 | ||
| Q1 25 | $0.05 | $0.06 | ||
| Q4 24 | $0.10 | $0.24 | ||
| Q3 24 | $-0.04 | $0.26 | ||
| Q2 24 | $0.60 | $-0.03 |
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 | $404.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $363.2M | $754.1M |
| Total Assets | $548.6M | $804.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $404.2M | ||
| Q4 25 | $22.4M | $402.8M | ||
| Q3 25 | $18.0M | $362.4M | ||
| Q2 25 | $25.2M | $338.5M | ||
| Q1 25 | $26.7M | $296.1M | ||
| Q4 24 | $39.1M | $277.3M | ||
| Q3 24 | $35.5M | $267.6M | ||
| Q2 24 | $60.8M | $251.9M |
| Q1 26 | — | $754.1M | ||
| Q4 25 | $363.2M | $711.6M | ||
| Q3 25 | $364.4M | $630.1M | ||
| Q2 25 | $372.5M | $608.6M | ||
| Q1 25 | $366.9M | $580.3M | ||
| Q4 24 | $371.5M | $570.1M | ||
| Q3 24 | $380.0M | $554.6M | ||
| Q2 24 | $399.9M | $537.2M |
| Q1 26 | — | $804.9M | ||
| Q4 25 | $548.6M | $785.8M | ||
| Q3 25 | $554.6M | $710.2M | ||
| Q2 25 | $559.6M | $693.5M | ||
| Q1 25 | $578.9M | $665.0M | ||
| Q4 24 | $587.4M | $641.1M | ||
| Q3 24 | $571.3M | $632.8M | ||
| Q2 24 | $577.4M | $613.2M |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $27.3M | $15.7M | ||
| Q3 25 | $-8.1M | $38.5M | ||
| Q2 25 | $40.8M | $65.2M | ||
| Q1 25 | $-9.8M | $20.1M | ||
| Q4 24 | $-7.4M | $10.1M | ||
| Q3 24 | $-30.8M | $22.6M | ||
| Q2 24 | $43.7M | $15.6M |
| Q1 26 | — | — | ||
| Q4 25 | $16.3M | $10.2M | ||
| Q3 25 | $-12.4M | $34.5M | ||
| Q2 25 | $33.5M | $59.0M | ||
| Q1 25 | $-16.1M | $15.6M | ||
| Q4 24 | $-10.7M | $8.4M | ||
| Q3 24 | $-35.5M | $14.1M | ||
| Q2 24 | $38.2M | $9.4M |
| Q1 26 | — | — | ||
| Q4 25 | 13.1% | 9.5% | ||
| Q3 25 | -14.6% | 31.2% | ||
| Q2 25 | 23.8% | 61.5% | ||
| Q1 25 | -13.9% | 16.6% | ||
| Q4 24 | -8.3% | 8.7% | ||
| Q3 24 | -40.2% | 15.2% | ||
| Q2 24 | 24.0% | 11.0% |
| Q1 26 | — | — | ||
| Q4 25 | 8.8% | 5.2% | ||
| Q3 25 | 5.0% | 3.6% | ||
| Q2 25 | 5.2% | 6.5% | ||
| Q1 25 | 5.4% | 4.8% | ||
| Q4 24 | 2.5% | 1.8% | ||
| Q3 24 | 5.3% | 9.1% | ||
| Q2 24 | 3.5% | 7.2% |
| Q1 26 | — | — | ||
| Q4 25 | 14.22× | 0.34× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | 4.73× | 1.58× | ||
| Q1 25 | -4.68× | 7.93× | ||
| Q4 24 | -1.63× | 0.99× | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | 1.57× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SWBI
Segment breakdown not available.
VICR
| Product revenue | $98.0M | 87% |
| Royalty revenue | $15.0M | 13% |
