Smith & Wesson Brands, Inc. R&D Expenses

R&D Expenses of SWBI for past 10 years: annual, quarterly and twelve month trailing (TTM) including R&D Expenses growth rates and interactive chart. Research and development (R&D) expenses are associated with the research and development of a company's goods or services. A company generally incurs R&D expenses in the process of finding and creating new products or services. It is an operating expense and can be deducted from a company's income taxes.


Highlights and Quick Summary

  • R&D Expenses for the quarter ending July 30, 2021 was $1.81 Million (a -7.85% decrease compared to previous quarter)
  • Year-over-year quarterly R&D Expenses decreased by -2.53%
  • Annual R&D Expenses for 2021 was $7 Million (a 0.0% decrease from previous year)
  • Annual R&D Expenses for 2020 was $7 Million (a -41.67% decrease from previous year)
  • Annual R&D Expenses for 2019 was $12 Million (a 9.09% increase from previous year)
  • Twelve month R&D Expenses ending July 30, 2021 was $7.38 Million (a -13.55% decrease compared to previous quarter)
  • Twelve month trailing R&D Expenses increased by 3.1% year-over-year
Trailing R&D Expenses for the last four month:
30 Jul '21 29 Apr '21 30 Jan '21 30 Oct '20
$7.38 Million $8.54 Million $7.11 Million $7.16 Million
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Historical R&D Expenses of Smith & Wesson Brands, Inc.

Most recent R&D Expensesof SWBI including historical data for past 10 years.

Interactive Chart of R&D Expenses of Smith & Wesson Brands, Inc.

Smith & Wesson Brands, Inc. R&D Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $1.81 $1.96 $1.76 $7.0
2020 $1.86 $2.97 $0.53 $1.81 $7.0
2019 $1.8 $3.23 $-1.35 $3.3 $12.0
2018 $3.25 $2.81 $2.68 $3.15 $11.0
2017 $2.75 $2.79 $2.62 $2.76 $10.0
2016 $2.7 $2.15 $2.39 $2.52 $10.01
2015 $2.7 $2.4 $2.11 $1.9 $6.94
2014 $1.47 $1.46 $1.53 $1.46 $5.65
2013 $1.31 $1.36 $1.4 $0.95 $4.79
2012 $1.27 $1.17 $0.97 $0.99 $4.54
2011 $1.24 $1.34 $1.18 $1.21 $4.36
2010 $0.91

Business Profile of Smith & Wesson Brands, Inc.

Sector: Industrials
Industry: Aerospace & Defense
Smith & Wesson Brands, Inc. designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles, and muzzleloaders; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, Performance Center, Thompson/Center Arms, and Gemtech brands. It also provides manufacturing services comprising forging, heat treating, rapid prototyping, tooling, finishing, plating, machining, and custom plastic injection molding to other businesses under the Smith & Wesson and Smith & Wesson Precision Components brand names; and sells parts purchased through third parties. The company sells its products to firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement, security agencies and officers, and military agencies. It markets its products through independent dealers, retailers, in-store retails, and direct to consumers; print, broadcast, and digital advertising campaigns; social and electronic media; and in-store retail merchandising strategies. The company was formerly known as American Outdoor Brands Corporation and changed its name to Smith & Wesson Brands, Inc. in August 2020. Smith & Wesson Brands, Inc. was founded in 1852 and is based in Springfield, Massachusetts.