Quick Answer
SMITH & WESSON BRANDS, INC. reported R&D Expense of $9.57 million for fiscal year 2025.
SMITH & WESSON BRANDS, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $9.57M | +31.8% |
| 2024 | $7.26M | -3.9% |
| 2023 | $7.55M | +4.0% |
| 2022 | $7.26M | -2.9% |
| 2021 | $7.48M | +1.6% |
| 2020 | $7.36M | -8.0% |
| 2019 | $8.01M | -29.5% |
| 2018 | $11.36M | +11.0% |
| 2017 | $10.24M | +2.3% |
| 2016 | $10.01M | +44.1% |
| 2015 | $6.94M | +22.9% |
| 2014 | $5.65M | +17.9% |
| 2013 | $4.79M | +5.4% |
| 2012 | $4.54M | +4.1% |
| 2011 | $4.36M | +4.3% |
| 2010 | $4.18M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| January 31, 2026 | $2.41M | -15.9% | -0.9% |
| October 31, 2025 | $2.43M | +9.5% | -19.1% |
| July 31, 2025 | $3.01M | +19.6% | +4.8% |
| January 31, 2025 | $2.87M | +45.7% | +29.2% |
| October 31, 2024 | $2.22M | +28.8% | -11.7% |
| July 31, 2024 | $2.52M | +39.8% | +27.7% |
| January 31, 2024 | $1.97M | -7.7% | +14.2% |
| October 31, 2023 | $1.72M | -7.8% | -4.2% |
- SMITH & WESSON BRANDS, INC. showed an increase of +31.8% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2025 period, SMITH & WESSON BRANDS, INC.’s r&d expense has grown by 128.6% (from $4.18 million to $9.57 million).
- The most recent figure is from SMITH & WESSON BRANDS, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on June 20, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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