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Side-by-side financial comparison of SMITH & WESSON BRANDS, INC. (SWBI) and Yatsen Holding Ltd (YSG). Click either name above to swap in a different company.

Yatsen Holding Ltd is the larger business by last-quarter revenue ($164.2M vs $124.7M, roughly 1.3× SMITH & WESSON BRANDS, INC.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -0.5%, a 2.0% gap on every dollar of revenue. Over the past eight quarters, Yatsen Holding Ltd's revenue compounded faster (24.5% CAGR vs -4.8%).

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

Yatsen Holding Ltd is a leading China-based beauty and personal care group. It develops and sells cosmetics, skincare products and fragrances under brands including Perfect Diary, Little Ondine and Abby's Choice, with core markets in mainland China, Southeast Asia, targeting Gen Z and young adult consumers.

SWBI vs YSG — Head-to-Head

Bigger by revenue
YSG
YSG
1.3× larger
YSG
$164.2M
$124.7M
SWBI
Higher net margin
SWBI
SWBI
2.0% more per $
SWBI
1.5%
-0.5%
YSG
Faster 2-yr revenue CAGR
YSG
YSG
Annualised
YSG
24.5%
-4.8%
SWBI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
SWBI
SWBI
YSG
YSG
Revenue
$124.7M
$164.2M
Net Profit
$1.9M
$-776.5K
Gross Margin
24.3%
77.8%
Operating Margin
3.3%
-34.0%
Net Margin
1.5%
-0.5%
Revenue YoY
-3.9%
Net Profit YoY
-53.6%
EPS (diluted)
$0.04

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
YSG
YSG
Q4 25
$124.7M
$164.2M
Q3 25
$85.1M
$95.1M
Q2 25
$140.8M
$110.9M
Q1 25
$115.9M
$106.6M
Q4 24
$129.7M
$147.0M
Q3 24
$88.3M
$102.3M
Q2 24
$159.1M
$118.1M
Q1 24
$137.5M
$106.0M
Net Profit
SWBI
SWBI
YSG
YSG
Q4 25
$1.9M
$-776.5K
Q3 25
$-3.4M
$-17.0M
Q2 25
$8.6M
$-11.9M
Q1 25
$2.1M
$-17.2M
Q4 24
$4.5M
$-67.7M
Q3 24
$-1.9M
$-28.2M
Q2 24
$27.9M
$-14.9M
Q1 24
$7.9M
$7.0M
Gross Margin
SWBI
SWBI
YSG
YSG
Q4 25
24.3%
77.8%
Q3 25
25.9%
75.9%
Q2 25
28.8%
76.7%
Q1 25
24.1%
77.7%
Q4 24
26.6%
73.7%
Q3 24
27.4%
71.4%
Q2 24
35.5%
74.7%
Q1 24
28.7%
74.3%
Operating Margin
SWBI
SWBI
YSG
YSG
Q4 25
3.3%
-34.0%
Q3 25
-3.5%
-20.9%
Q2 25
9.3%
-17.0%
Q1 25
4.1%
-20.4%
Q4 24
5.8%
-50.3%
Q3 24
-1.7%
-32.2%
Q2 24
17.4%
-15.7%
Q1 24
8.2%
-0.9%
Net Margin
SWBI
SWBI
YSG
YSG
Q4 25
1.5%
-0.5%
Q3 25
-4.0%
-17.9%
Q2 25
6.1%
-10.8%
Q1 25
1.8%
-16.1%
Q4 24
3.5%
-46.1%
Q3 24
-2.1%
-27.6%
Q2 24
17.5%
-12.6%
Q1 24
5.7%
6.6%
EPS (diluted)
SWBI
SWBI
YSG
YSG
Q4 25
$0.04
Q3 25
$-0.08
Q2 25
$0.19
Q1 25
$0.05
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
SWBI
SWBI
YSG
YSG
Cash + ST InvestmentsLiquidity on hand
$22.4M
$109.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$363.2M
$428.9M
Total Assets
$548.6M
$550.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SWBI
SWBI
YSG
YSG
Q4 25
$22.4M
$109.4M
Q3 25
$18.0M
$97.0M
Q2 25
$25.2M
$133.1M
Q1 25
$26.7M
$92.3M
Q4 24
$39.1M
$112.0M
Q3 24
$35.5M
$71.7M
Q2 24
$60.8M
$109.6M
Q1 24
$47.4M
$179.9M
Stockholders' Equity
SWBI
SWBI
YSG
YSG
Q4 25
$363.2M
$428.9M
Q3 25
$364.4M
$423.1M
Q2 25
$372.5M
$431.5M
Q1 25
$366.9M
$422.2M
Q4 24
$371.5M
$418.1M
Q3 24
$380.0M
$516.0M
Q2 24
$399.9M
$519.4M
Q1 24
$376.4M
$551.6M
Total Assets
SWBI
SWBI
YSG
YSG
Q4 25
$548.6M
$550.1M
Q3 25
$554.6M
$564.8M
Q2 25
$559.6M
$564.4M
Q1 25
$578.9M
$534.3M
Q4 24
$587.4M
$544.0M
Q3 24
$571.3M
$635.6M
Q2 24
$577.4M
$635.8M
Q1 24
$570.6M
$662.1M

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
YSG
YSG
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.

Operating Cash Flow
SWBI
SWBI
YSG
YSG
Q4 25
$27.3M
Q3 25
$-8.1M
Q2 25
$40.8M
Q1 25
$-9.8M
Q4 24
$-7.4M
Q3 24
$-30.8M
Q2 24
$43.7M
Q1 24
$25.2M
Free Cash Flow
SWBI
SWBI
YSG
YSG
Q4 25
$16.3M
Q3 25
$-12.4M
Q2 25
$33.5M
Q1 25
$-16.1M
Q4 24
$-10.7M
Q3 24
$-35.5M
Q2 24
$38.2M
Q1 24
$7.0M
FCF Margin
SWBI
SWBI
YSG
YSG
Q4 25
13.1%
Q3 25
-14.6%
Q2 25
23.8%
Q1 25
-13.9%
Q4 24
-8.3%
Q3 24
-40.2%
Q2 24
24.0%
Q1 24
5.1%
Capex Intensity
SWBI
SWBI
YSG
YSG
Q4 25
8.8%
Q3 25
5.0%
Q2 25
5.2%
Q1 25
5.4%
Q4 24
2.5%
Q3 24
5.3%
Q2 24
3.5%
Q1 24
13.2%
Cash Conversion
SWBI
SWBI
YSG
YSG
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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