On this page of Benford's Law Stocks.com we present our study of SMITH & WESSON BRANDS, INC. — ticker symbol SWBI. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 12/3/2020 to 9/4/2025 for SMITH & WESSON BRANDS, INC. under CIK number 0001092796. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for SWBI, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for SMITH & WESSON BRANDS, INC. based on the past SWBI filings our system processed in the past.
Benford Chart for SWBI 10Q Filed 9/4/2025
27.5
15.7
12.1
11.8
12.1
5.0
8.9
4.4
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, SWBI stockholder letter ]
Total numbers found: 338
Recent share count: 44,309,940 (4's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
338
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 3 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for SWBI = 63
63

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 4's percentage was above the typical coverage universe range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the company's typical historical range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 9's percentage was below the company's typical historical range.
SWBI's Score Vs. Typical Stock
Benford's Law Stocks Indicator
SWBI
Low score compared to other filers, falling in the bottom quartile.
Other Stocks Ranking Near SWBI
PRLD
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SOBR
WORX
GLXZ
Check our work! We provide our SMITH & WESSON BRANDS, INC. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the SWBI filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 93 numbers that start with the digit 1. Here they are:
17,964
189,840
19,024
19,024
10,260
10,260
18,104
1,252
1,379
190,254
187,158
100,000,000
13,316
13,366
1,526
1,205
1,143
1,855
1,854
1,854
157
1
1,058
1,057
12,958
12,958
13
1,855
1,855
1,892
1,892
199
13
1,855
1,892
1,854
14,559
11,307
13,257
11,740
1,371
127
199
12,856
1,058
10,156
17,964
1,288
1,313
194
1,824
100.0
175.0
1.5
18.0
127,794
115,686
12,520
12,998
189,840
1,774
1,736
1,701
18,104
1,531,763
12.9
1,855
1,855
1.9
108,736
142,882
142,878
10,575
1,204,133
14.21
1,000,347
13.45
16.15
14.20
13.24
115,293
14.22
19.51
1,562,926
11.87
1,249,475
14.30
18.6
100
120.0
1,837
1,446
1,205
We found 53 numbers that start with the digit 2. Here they are:
25
25
25,231
203,097
275,513
277,265
239,407
242,648
2,370
2,409
21,225
26,887
24,678
20,000,000
299,175
298,075
22,074
24,186
2,515
25,032
25,712
2,958
2,264
289,994
29,834
290,790
298,075
20
20
299,175
29,315
2,781
23
21
20,000
25,324
25,231
25.2
203,097
2,564
2,306
222
233
24,678
21.4
277,258
237,694
237,691
2.8
257,937
278,557
220,525
25.97
We found 41 numbers that start with the digit 3. Here they are:
3,219
376,471
368,811
33,257
33,703
31,677,994
31,677,994
364,379
372,454
3,007
3,411
399,914
30,705
379,991
31,678
372,454
3,411
3,411
31,678
364,379
3,411
313
30,815
3,168
30,000
35,515
361
3,056
398
336,000
3.2
3.0
3.2
3,877
3,240
3,471
3,928
312,310
3,411
3,411
3.6
4's 5's 6's
We found 40 numbers that start with the digit 4. Here they are:
44,341,781
41,309
4,636
4,636
44,310,374
44,111,461
458,292
458,312
43
4,101
409
44,262
45,321
44,262
45,321
432,642
445,600
458,312
458,292
43
442
425
4,066
4,839
4,092
45
49
4,291
4,702
4,665
46
44
4,622
4,853
4.1
44,262
45,321
44,262
45,321
400,819
We found 41 numbers that start with the digit 5. Here they are:
5
5
55,868
554,633
559,612
52,906
523,420
532,615
554,633
559,612
58
542,414
5,907
5,907
534,652
532,615
5,784
5,784
523,420
58
51
5
59
526
54
58
5,000
5,855
5,886
570
5.0
50.0
58,161
55,119
5,907
50.0
50.0
514,952
543,697
50
50.0
We found 17 numbers that start with the digit 6. Here they are:
6,260
66
66,640
63,003
64,148
62
6
690
688
6,429
60,839
6.69
6,037
6,970
6,557
63,469
632
7's 8's 9's
We found 30 numbers that start with the digit 7. Here they are:
7,689
79,096
7,719
75,988,368
75,789,455
76
76
732
738
75,395
75
73
75,552
76
73
75,789
76
792
792
75,988
76
70
7,464
792
7,267
752,643
74,044
75,000
714
732
We found 15 numbers that start with the digit 8. Here they are:
883
8,059
8,006
85,077
88,334
8,752
871
8,436
8,048
84
817
8,110
8,307
85,000
870,669
We found 8 numbers that start with the digit 9. Here they are:
9,041
9,060
94,147
9,944
9,889
95.0
9.37
9.1
While the above SWBI 10Q Filed 9/4/2025 is interesting in isolation, we have found that it is also useful to take a look at older SMITH & WESSON BRANDS, INC. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 9/4/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical SWBI 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 9/4/2025
27.5
15.7
12.1
11.8
12.1
5.0
8.9
4.4
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL? ✓  [ original filing ]
Total numbers found: 338

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 12/5/2024
22.5
17.4
10.2
12.6
11.7
6.0
10.4
5.3
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL? ✓  [ original filing ]
Total numbers found: 530

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 3/7/2024
25.0
15.4
14.7
11.8
9.6
3.9
11.3
4.8
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL? ✓  [ original filing ]
Total numbers found: 585

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10K Filed 6/22/2023
27.6
16.1
14.0
12.2
8.7
5.0
6.7
6.7
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL? ✓  [ original filing ]
Total numbers found: 927

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 9/8/2022
29.4
15.1
17.3
11.6
8.5
3.5
9.0
2.8
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL? ✓  [ original filing ]
Total numbers found: 398

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 12/2/2021
29.6
19.6
11.9
11.1
6.8
4.3
9.0
4.4
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL? ✓  [ original filing ]
Total numbers found: 587

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 12/3/2020
29.0
19.2
9.9
10.5
8.7
6.2
8.3
4.5
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 665

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10K Filed 6/20/2025
27.8
17.1
15.1
10.4
9.9
5.0
5.9
5.2
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 911

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 9/5/2024
25.2
15.0
16.4
11.6
11.1
5.7
8.6
3.6
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL? ✓  [ original filing ]
Total numbers found: 440

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 12/7/2023
24.5
17.1
12.8
11.0
10.6
4.5
10.4
4.8
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL? ✓  [ original filing ]
Total numbers found: 584

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 3/9/2023
25.9
14.7
17.8
11.7
9.2
4.5
9.0
4.3
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL? ✓  [ original filing ]
Total numbers found: 579

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10K Filed 6/23/2022
28.0
17.8
12.4
11.9
9.1
5.8
6.9
4.7
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 931

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 9/1/2021
29.3
14.3
12.9
12.2
8.0
3.8
10.6
4.9
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL? ✓  [ original filing ]
Total numbers found: 426

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 3/6/2025
25.3
17.0
11.8
12.0
8.5
3.7
13.9
3.7
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 38
XBRL? ✓  [ original filing ]
Total numbers found: 541

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10K Filed 6/20/2024
26.1
15.8
14.7
11.4
9.8
5.0
6.2
6.8
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL? ✓  [ original filing ]
Total numbers found: 884

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 9/7/2023
26.7
16.2
18.6
9.8
9.8
2.6
8.1
4.0
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 53
XBRL? ✓  [ original filing ]
Total numbers found: 420

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 12/6/2022
26.3
17.4
13.6
12.9
10.3
2.8
9.2
3.8
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL? ✓  [ original filing ]
Total numbers found: 575

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10Q Filed 3/3/2022
29.3
19.1
14.0
9.9
7.5
6.0
8.0
3.7
2.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 598

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
10K Filed 6/17/2021
27.4
18.4
12.7
11.4
8.8
7.7
6.5
3.5
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL? ✓  [ original filing ]
Total numbers found: 991

■ = Typical SWBI range from 12/3/2020 to 9/4/2025
HTCR 10Q Filed 11/18/2025:
97
CAPS 10Q Filed 11/18/2025:
72
WTMAU 10Q Filed 11/17/2025:
75
ADTX 10Q Filed 11/17/2025:
92
EPC 10K Filed 11/17/2025:
85
OCSL 10K Filed 11/17/2025:
87
ULBI 10Q Filed 11/17/2025:
95
ZYXI 10Q Filed 11/17/2025:
73
TBH 10Q Filed 11/17/2025:
87
LOB 10Q Filed 11/17/2025:
68
BTBD 10Q Filed 11/17/2025:
55
LFMD 10Q Filed 11/17/2025:
93
AIM 10Q Filed 11/17/2025:
71
GPUS 10Q Filed 11/17/2025:
99
ISPC 10Q Filed 11/17/2025:
90
ALUR 10Q Filed 11/17/2025:
95
ENFY 10Q Filed 11/17/2025:
87
HZO 10K Filed 11/17/2025:
92
GLAD 10K Filed 11/17/2025:
93
CHPGU 10Q Filed 11/17/2025:
59
XITO 10Q Filed 11/17/2025:
0
FGBI 10Q Filed 11/17/2025:
100
BRC 10Q Filed 11/17/2025:
63
IVF 10Q Filed 11/17/2025:
93
TWST 10K Filed 11/17/2025:
85
CNTM 10Q Filed 11/17/2025:
88
CURX 10Q Filed 11/14/2025:
43
EONR 10Q Filed 11/14/2025:
88
ESHA 10Q Filed 11/14/2025:
58
NMEX 10K Filed 11/14/2025:
60
WBSR 10Q Filed 11/14/2025:
1
EBFI 10Q Filed 11/14/2025:
61
ATAO 10Q Filed 11/14/2025:
66
CETH 10Q Filed 11/14/2025:
7
RBTK 10Q Filed 11/14/2025:
75
STCB 10Q Filed 11/14/2025:
100
BTCY 10Q Filed 11/14/2025:
89
ARKB 10Q Filed 11/14/2025:
43
SOHO 10Q Filed 11/14/2025:
92
RDI 10Q Filed 11/14/2025:
100
 

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