Smith & Wesson Brands, Inc. reported net sales of $523.8 million for fiscal year 2026, an increase of 10.4% from the prior year. Net income for fiscal year 2026 was $18.5 million, or $0.41 per diluted share, an improvement from $13.4 million, or $0.30 per diluted share, in fiscal year 2025. The company's gross profit increased by 10.9% to $141.1 million, with a gross margin of 26.9%, a slight increase from 26.8% in the prior year. Handgun sales saw a significant increase of 18.8% to $394.4 million, driven by new product shipments and price increases. Long gun sales decreased by 13.0% to $90.5 million, attributed to the timing of new product launches and lower consumer demand. Operating income rose by 22.3% to $29.2 million. Cash provided by operating activities was $114.2 million in fiscal year 2026, a substantial increase from $7.2 million used in fiscal year 2025. The company repaid $60.0 million on its revolving credit facility and paid $23.2 million in dividends during fiscal year 2026.