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Side-by-side financial comparison of SMITH & WESSON BRANDS, INC. (SWBI) and Weave Communications, Inc. (WEAV). 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 $63.4M, roughly 2.0× Weave Communications, Inc.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -2.9%, a 4.5% gap on every dollar of revenue. On growth, Weave Communications, Inc. posted the faster year-over-year revenue change (17.0% vs -3.9%). SMITH & WESSON BRANDS, INC. produced more free cash flow last quarter ($16.3M vs $5.1M). Over the past eight quarters, Weave Communications, Inc.'s revenue compounded faster (15.9% CAGR vs -4.8%).

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

Weave Communications, Inc. develops integrated all-in-one customer engagement and communication platforms tailored for small and medium-sized businesses. Its product suite includes cloud-based phone systems, appointment scheduling, payment processing, review management and text messaging tools, primarily serving local service sectors like dental clinics, healthcare practices and fitness studios across the U.S. and Canada.

SWBI vs WEAV — Head-to-Head

Bigger by revenue
SWBI
SWBI
2.0× larger
SWBI
$124.7M
$63.4M
WEAV
Growing faster (revenue YoY)
WEAV
WEAV
+20.9% gap
WEAV
17.0%
-3.9%
SWBI
Higher net margin
SWBI
SWBI
4.5% more per $
SWBI
1.5%
-2.9%
WEAV
More free cash flow
SWBI
SWBI
$11.2M more FCF
SWBI
$16.3M
$5.1M
WEAV
Faster 2-yr revenue CAGR
WEAV
WEAV
Annualised
WEAV
15.9%
-4.8%
SWBI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
SWBI
SWBI
WEAV
WEAV
Revenue
$124.7M
$63.4M
Net Profit
$1.9M
$-1.8M
Gross Margin
24.3%
72.7%
Operating Margin
3.3%
-3.4%
Net Margin
1.5%
-2.9%
Revenue YoY
-3.9%
17.0%
Net Profit YoY
-53.6%
72.5%
EPS (diluted)
$0.04
$-0.03

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
WEAV
WEAV
Q4 25
$124.7M
$63.4M
Q3 25
$85.1M
$61.3M
Q2 25
$140.8M
$58.5M
Q1 25
$115.9M
$55.8M
Q4 24
$129.7M
$54.2M
Q3 24
$88.3M
$52.4M
Q2 24
$159.1M
$50.6M
Q1 24
$137.5M
$47.2M
Net Profit
SWBI
SWBI
WEAV
WEAV
Q4 25
$1.9M
$-1.8M
Q3 25
$-3.4M
$-8.7M
Q2 25
$8.6M
$-8.7M
Q1 25
$2.1M
$-8.8M
Q4 24
$4.5M
$-6.7M
Q3 24
$-1.9M
$-5.9M
Q2 24
$27.9M
$-8.6M
Q1 24
$7.9M
$-7.2M
Gross Margin
SWBI
SWBI
WEAV
WEAV
Q4 25
24.3%
72.7%
Q3 25
25.9%
72.3%
Q2 25
28.8%
71.7%
Q1 25
24.1%
71.6%
Q4 24
26.6%
72.1%
Q3 24
27.4%
72.0%
Q2 24
35.5%
71.4%
Q1 24
28.7%
69.9%
Operating Margin
SWBI
SWBI
WEAV
WEAV
Q4 25
3.3%
-3.4%
Q3 25
-3.5%
-14.6%
Q2 25
9.3%
-17.4%
Q1 25
4.1%
-16.7%
Q4 24
5.8%
-13.6%
Q3 24
-1.7%
-12.7%
Q2 24
17.4%
-18.3%
Q1 24
8.2%
-17.3%
Net Margin
SWBI
SWBI
WEAV
WEAV
Q4 25
1.5%
-2.9%
Q3 25
-4.0%
-14.1%
Q2 25
6.1%
-14.9%
Q1 25
1.8%
-15.8%
Q4 24
3.5%
-12.4%
Q3 24
-2.1%
-11.2%
Q2 24
17.5%
-16.9%
Q1 24
5.7%
-15.3%
EPS (diluted)
SWBI
SWBI
WEAV
WEAV
Q4 25
$0.04
$-0.03
Q3 25
$-0.08
$-0.11
Q2 25
$0.19
$-0.11
Q1 25
$0.05
$-0.12
Q4 24
$0.10
$-0.10
Q3 24
$-0.04
$-0.08
Q2 24
$0.60
$-0.12
Q1 24
$0.17
$-0.10

Balance Sheet & Financial Strength

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

Metric
SWBI
SWBI
WEAV
WEAV
Cash + ST InvestmentsLiquidity on hand
$22.4M
$55.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$363.2M
$82.4M
Total Assets
$548.6M
$208.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWBI
SWBI
WEAV
WEAV
Q4 25
$22.4M
$55.0M
Q3 25
$18.0M
$64.4M
Q2 25
$25.2M
$44.7M
Q1 25
$26.7M
$53.4M
Q4 24
$39.1M
$51.6M
Q3 24
$35.5M
$51.1M
Q2 24
$60.8M
$51.7M
Q1 24
$47.4M
$30.6M
Stockholders' Equity
SWBI
SWBI
WEAV
WEAV
Q4 25
$363.2M
$82.4M
Q3 25
$364.4M
$78.6M
Q2 25
$372.5M
$78.9M
Q1 25
$366.9M
$68.6M
Q4 24
$371.5M
$67.0M
Q3 24
$380.0M
$68.8M
Q2 24
$399.9M
$69.8M
Q1 24
$376.4M
$73.4M
Total Assets
SWBI
SWBI
WEAV
WEAV
Q4 25
$548.6M
$208.0M
Q3 25
$554.6M
$206.5M
Q2 25
$559.6M
$204.3M
Q1 25
$578.9M
$188.3M
Q4 24
$587.4M
$188.9M
Q3 24
$571.3M
$192.0M
Q2 24
$577.4M
$191.2M
Q1 24
$570.6M
$190.2M

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
WEAV
WEAV
Operating Cash FlowLast quarter
$27.3M
$6.2M
Free Cash FlowOCF − Capex
$16.3M
$5.1M
FCF MarginFCF / Revenue
13.1%
8.1%
Capex IntensityCapex / Revenue
8.8%
1.8%
Cash ConversionOCF / Net Profit
14.22×
TTM Free Cash FlowTrailing 4 quarters
$21.3M
$15.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SWBI
SWBI
WEAV
WEAV
Q4 25
$27.3M
$6.2M
Q3 25
$-8.1M
$6.1M
Q2 25
$40.8M
$5.4M
Q1 25
$-9.8M
$-219.0K
Q4 24
$-7.4M
$6.7M
Q3 24
$-30.8M
$4.5M
Q2 24
$43.7M
$22.7M
Q1 24
$25.2M
$-19.7M
Free Cash Flow
SWBI
SWBI
WEAV
WEAV
Q4 25
$16.3M
$5.1M
Q3 25
$-12.4M
$5.8M
Q2 25
$33.5M
$4.9M
Q1 25
$-16.1M
$-663.0K
Q4 24
$-10.7M
$6.3M
Q3 24
$-35.5M
$4.0M
Q2 24
$38.2M
$21.9M
Q1 24
$7.0M
$-20.2M
FCF Margin
SWBI
SWBI
WEAV
WEAV
Q4 25
13.1%
8.1%
Q3 25
-14.6%
9.4%
Q2 25
23.8%
8.4%
Q1 25
-13.9%
-1.2%
Q4 24
-8.3%
11.6%
Q3 24
-40.2%
7.5%
Q2 24
24.0%
43.4%
Q1 24
5.1%
-42.9%
Capex Intensity
SWBI
SWBI
WEAV
WEAV
Q4 25
8.8%
1.8%
Q3 25
5.0%
0.5%
Q2 25
5.2%
0.9%
Q1 25
5.4%
0.8%
Q4 24
2.5%
0.7%
Q3 24
5.3%
1.0%
Q2 24
3.5%
1.5%
Q1 24
13.2%
1.1%
Cash Conversion
SWBI
SWBI
WEAV
WEAV
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.

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