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National Presto Industries vs Smith & Wesson Brands: revenue, profit, margins and growth compared

National Presto Industries brought in $503.5M of revenue in fiscal 2025, Smith & Wesson Brands $523.8M in fiscal 2026. Revenue changed by +29.7% at National Presto Industries and +10.4% at Smith & Wesson Brands on the year before, so National Presto Industries grew faster. National Presto Industries kept 6.6% of its revenue as net profit, Smith & Wesson Brands 3.5%. Free cash flow was -$36.2M at National Presto Industries and $90.4M at Smith & Wesson Brands.

Side by side, latest fiscal year

NPKSWBI
Fiscal year endedFY2025 (December 31, 2025)FY2026 (April 30, 2026)
Revenue$503.5M$523.8M
Revenue growth+29.7%+10.4%
Net income$33.1M$18.5M
Net margin6.6%3.5%
Free cash flow-$36.2M$90.4M
Free cash flow margin-7.2%17.3%
Earnings per share (diluted)$4.63$0.41
Cash$3.3M$28.2M
Debtn/an/a
Price to earnings31.234.8
Market value$1B$639.4M
Dividend yieldn/a3.65%
Rank by revenue in sector#320 of 451 · Industrials#316 of 451 · Industrials

Over the years

Revenue
NPK FY2018: $323.3MNPK FY2019: $308.5MNPK FY2020: $352.6MNPK FY2021: $355.8MNPK FY2022: $321.6MNPK FY2023: $340.9MNPK FY2024: $388.2MNPK FY2025: $503.5MSWBI FY2019: $481.3MSWBI FY2020: $529.6MSWBI FY2021: $1.1BSWBI FY2022: $864.1MSWBI FY2023: $479.2MSWBI FY2024: $535.8MSWBI FY2025: $474.7MSWBI FY2026: $523.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
NPK $503.5MSWBI $523.8M
Net income
NPK FY2018: $39.9MNPK FY2019: $42.2MNPK FY2020: $47MNPK FY2021: $25.7MNPK FY2022: $20.7MNPK FY2023: $34.6MNPK FY2024: $41.5MNPK FY2025: $33.1MSWBI FY2019: $18.4MSWBI FY2020: -$61.2MSWBI FY2021: $252MSWBI FY2022: $194.5MSWBI FY2023: $36.9MSWBI FY2024: $41.4MSWBI FY2025: $13.4MSWBI FY2026: $18.5MFY18FY19FY20FY21FY22FY23FY24FY25FY26
NPK $33.1MSWBI $18.5M
Net margin
NPK FY2018: 12.4%NPK FY2019: 13.7%NPK FY2020: 13.3%NPK FY2021: 7.2%NPK FY2022: 6.4%NPK FY2023: 10.1%NPK FY2024: 10.7%NPK FY2025: 6.6%SWBI FY2019: 3.8%SWBI FY2020: -11.6%SWBI FY2021: 23.8%SWBI FY2022: 22.5%SWBI FY2023: 7.7%SWBI FY2024: 7.7%SWBI FY2025: 2.8%SWBI FY2026: 3.5%FY18FY19FY20FY21FY22FY23FY24FY25FY26
NPK 6.6%SWBI 3.5%
Revenue growth
NPK FY2019: -4.6%NPK FY2020: +14.3%NPK FY2021: +0.9%NPK FY2022: -9.6%NPK FY2023: +6.0%NPK FY2024: +13.9%NPK FY2025: +29.7%SWBI FY2020: +10.0%SWBI FY2021: +100.0%SWBI FY2022: -18.4%SWBI FY2023: -44.5%SWBI FY2024: +11.8%SWBI FY2025: -11.4%SWBI FY2026: +10.4%FY19FY20FY21FY22FY23FY24FY25FY26
NPK +29.7%SWBI +10.4%
Free cash flow
NPK FY2018: $67.6MNPK FY2019: $6.4MNPK FY2020: $38.4MNPK FY2021: $31.8MNPK FY2022: $7.7MNPK FY2023: $43.5MNPK FY2024: -$61MNPK FY2025: -$36.2MSWBI FY2019: $26.2MSWBI FY2020: $82.3MSWBI FY2021: $293.3MSWBI FY2022: $113.8MSWBI FY2023: -$72.8MSWBI FY2024: $16MSWBI FY2025: -$28.8MSWBI FY2026: $90.4MFY18FY19FY20FY21FY22FY23FY24FY25FY26
NPK -$36.2MSWBI $90.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about National Presto Industries and Smith & Wesson Brands

Which is bigger by revenue, National Presto Industries or Smith & Wesson Brands?

Smith & Wesson Brands is bigger by revenue: $523.8M in fiscal 2026, against $503.5M for National Presto Industries in fiscal 2025.

Which keeps more of its revenue as profit, National Presto Industries or Smith & Wesson Brands?

National Presto Industries had a net margin of 6.6% in fiscal 2025; Smith & Wesson Brands had 3.5% in fiscal 2026.

Which grew revenue faster, National Presto Industries or Smith & Wesson Brands?

In their latest fiscal years revenue changed by +29.7% at National Presto Industries and +10.4% at Smith & Wesson Brands.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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