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Side-by-side financial comparison of SMITH & WESSON BRANDS, INC. (SWBI) and VIEMED HEALTHCARE, INC. (VMD). 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 $76.2M, roughly 1.6× VIEMED HEALTHCARE, INC.). VIEMED HEALTHCARE, INC. runs the higher net margin — 7.4% vs 1.5%, a 5.9% gap on every dollar of revenue. On growth, VIEMED HEALTHCARE, INC. posted the faster year-over-year revenue change (25.5% vs -3.9%). SMITH & WESSON BRANDS, INC. produced more free cash flow last quarter ($16.3M vs $9.7M). Over the past eight quarters, VIEMED HEALTHCARE, INC.'s revenue compounded faster (22.7% CAGR vs -4.8%).

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

Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.

SWBI vs VMD — Head-to-Head

Bigger by revenue
SWBI
SWBI
1.6× larger
SWBI
$124.7M
$76.2M
VMD
Growing faster (revenue YoY)
VMD
VMD
+29.4% gap
VMD
25.5%
-3.9%
SWBI
Higher net margin
VMD
VMD
5.9% more per $
VMD
7.4%
1.5%
SWBI
More free cash flow
SWBI
SWBI
$6.6M more FCF
SWBI
$16.3M
$9.7M
VMD
Faster 2-yr revenue CAGR
VMD
VMD
Annualised
VMD
22.7%
-4.8%
SWBI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
SWBI
SWBI
VMD
VMD
Revenue
$124.7M
$76.2M
Net Profit
$1.9M
$5.6M
Gross Margin
24.3%
57.9%
Operating Margin
3.3%
11.0%
Net Margin
1.5%
7.4%
Revenue YoY
-3.9%
25.5%
Net Profit YoY
-53.6%
30.7%
EPS (diluted)
$0.04
$0.14

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
VMD
VMD
Q4 25
$124.7M
$76.2M
Q3 25
$85.1M
$71.9M
Q2 25
$140.8M
$63.1M
Q1 25
$115.9M
$59.1M
Q4 24
$129.7M
$60.7M
Q3 24
$88.3M
$58.0M
Q2 24
$159.1M
$55.0M
Q1 24
$137.5M
$50.6M
Net Profit
SWBI
SWBI
VMD
VMD
Q4 25
$1.9M
$5.6M
Q3 25
$-3.4M
$3.5M
Q2 25
$8.6M
$3.2M
Q1 25
$2.1M
$2.6M
Q4 24
$4.5M
$4.3M
Q3 24
$-1.9M
$3.9M
Q2 24
$27.9M
$1.5M
Q1 24
$7.9M
$1.6M
Gross Margin
SWBI
SWBI
VMD
VMD
Q4 25
24.3%
57.9%
Q3 25
25.9%
57.5%
Q2 25
28.8%
58.3%
Q1 25
24.1%
56.3%
Q4 24
26.6%
59.5%
Q3 24
27.4%
59.3%
Q2 24
35.5%
59.8%
Q1 24
28.7%
58.9%
Operating Margin
SWBI
SWBI
VMD
VMD
Q4 25
3.3%
11.0%
Q3 25
-3.5%
7.8%
Q2 25
9.3%
8.1%
Q1 25
4.1%
6.5%
Q4 24
5.8%
10.6%
Q3 24
-1.7%
9.7%
Q2 24
17.4%
6.6%
Q1 24
8.2%
4.4%
Net Margin
SWBI
SWBI
VMD
VMD
Q4 25
1.5%
7.4%
Q3 25
-4.0%
4.9%
Q2 25
6.1%
5.0%
Q1 25
1.8%
4.4%
Q4 24
3.5%
7.1%
Q3 24
-2.1%
6.7%
Q2 24
17.5%
2.7%
Q1 24
5.7%
3.2%
EPS (diluted)
SWBI
SWBI
VMD
VMD
Q4 25
$0.04
$0.14
Q3 25
$-0.08
$0.09
Q2 25
$0.19
$0.08
Q1 25
$0.05
$0.06
Q4 24
$0.10
$0.10
Q3 24
$-0.04
$0.10
Q2 24
$0.60
$0.04
Q1 24
$0.17
$0.04

Balance Sheet & Financial Strength

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

Metric
SWBI
SWBI
VMD
VMD
Cash + ST InvestmentsLiquidity on hand
$22.4M
$13.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$363.2M
$141.5M
Total Assets
$548.6M
$199.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWBI
SWBI
VMD
VMD
Q4 25
$22.4M
$13.5M
Q3 25
$18.0M
$11.1M
Q2 25
$25.2M
$20.0M
Q1 25
$26.7M
$10.2M
Q4 24
$39.1M
$17.5M
Q3 24
$35.5M
$11.3M
Q2 24
$60.8M
$8.8M
Q1 24
$47.4M
$7.3M
Stockholders' Equity
SWBI
SWBI
VMD
VMD
Q4 25
$363.2M
$141.5M
Q3 25
$364.4M
$133.6M
Q2 25
$372.5M
$139.7M
Q1 25
$366.9M
$134.8M
Q4 24
$371.5M
$131.4M
Q3 24
$380.0M
$125.0M
Q2 24
$399.9M
$119.4M
Q1 24
$376.4M
$116.3M
Total Assets
SWBI
SWBI
VMD
VMD
Q4 25
$548.6M
$199.2M
Q3 25
$554.6M
$202.4M
Q2 25
$559.6M
$184.6M
Q1 25
$578.9M
$178.1M
Q4 24
$587.4M
$177.1M
Q3 24
$571.3M
$169.5M
Q2 24
$577.4M
$163.9M
Q1 24
$570.6M
$154.9M

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
VMD
VMD
Operating Cash FlowLast quarter
$27.3M
$18.4M
Free Cash FlowOCF − Capex
$16.3M
$9.7M
FCF MarginFCF / Revenue
13.1%
12.7%
Capex IntensityCapex / Revenue
8.8%
11.5%
Cash ConversionOCF / Net Profit
14.22×
3.27×
TTM Free Cash FlowTrailing 4 quarters
$21.3M
$11.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SWBI
SWBI
VMD
VMD
Q4 25
$27.3M
$18.4M
Q3 25
$-8.1M
$18.4M
Q2 25
$40.8M
$12.3M
Q1 25
$-9.8M
$2.9M
Q4 24
$-7.4M
$15.0M
Q3 24
$-30.8M
$12.7M
Q2 24
$43.7M
$10.2M
Q1 24
$25.2M
$1.2M
Free Cash Flow
SWBI
SWBI
VMD
VMD
Q4 25
$16.3M
$9.7M
Q3 25
$-12.4M
$10.7M
Q2 25
$33.5M
$4.1M
Q1 25
$-16.1M
$-12.6M
Q4 24
$-10.7M
$3.2M
Q3 24
$-35.5M
$1.7M
Q2 24
$38.2M
$1.2M
Q1 24
$7.0M
$-4.8M
FCF Margin
SWBI
SWBI
VMD
VMD
Q4 25
13.1%
12.7%
Q3 25
-14.6%
14.9%
Q2 25
23.8%
6.5%
Q1 25
-13.9%
-21.4%
Q4 24
-8.3%
5.2%
Q3 24
-40.2%
3.0%
Q2 24
24.0%
2.3%
Q1 24
5.1%
-9.5%
Capex Intensity
SWBI
SWBI
VMD
VMD
Q4 25
8.8%
11.5%
Q3 25
5.0%
10.6%
Q2 25
5.2%
12.9%
Q1 25
5.4%
26.2%
Q4 24
2.5%
19.5%
Q3 24
5.3%
19.0%
Q2 24
3.5%
16.3%
Q1 24
13.2%
11.9%
Cash Conversion
SWBI
SWBI
VMD
VMD
Q4 25
14.22×
3.27×
Q3 25
5.23×
Q2 25
4.73×
3.88×
Q1 25
-4.68×
1.09×
Q4 24
-1.63×
3.47×
Q3 24
3.29×
Q2 24
1.57×
6.94×
Q1 24
3.20×
0.73×

Financial Flow Comparison

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

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