---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-196031"
form_type: "8-K"
ticker: "SWBI"
cik: "0001092796"
company_name: "SMITH & WESSON BRANDS, INC."
filed_at: "2025-09-04T23:59:59+00:00"
generated_at: "2026-05-17T08:12:43.024579+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Smith & Wesson Q1 net loss $0.08/share; sales down 3.7% YoY; Q2 guidance below prior year

## Summary
- Net sales $85.1M, down 3.7% YoY; GAAP net loss $3.4M ($0.08/diluted share) vs loss of $1.9M ($0.04) last year.
- Non-GAAP net loss $0.08/share; Adjusted EBITDAS $8.0M (9.5% of sales) vs $10.2M (11.8%) last year.
- Q2 fiscal 2026 sales expected to grow sequentially but be 3-5% below Q2 FY2025.
- Board declares $0.13 per share quarterly dividend; payable Oct 2, 2025 to holders of record Sep 18, 2025.
- Distributor inventory down over 10% QoQ and over 13% YoY; new products 37.3% of Q1 sales.

## SEC filing metadata
- accession: 0001193125-25-196031
- form_type: 8-K
- ticker: SWBI
- cik: 0001092796
- company_name: SMITH & WESSON BRANDS, INC.
- filed_at: 2025-09-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092796/000119312525196031/0001193125-25-196031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092796/000119312525196031/d24388d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-196031
- JSON: https://secwatch.observer/filing/0001193125-25-196031.json
- Plain text: https://secwatch.observer/filing/0001193125-25-196031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.