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 9/3/2020 to 3/6/2025 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.
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
XBRL?   [ original filing, SWBI stockholder letter ]
Total numbers found: 541
Recent share count: 44,002,703 (4's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
541
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
41

Starting from a possible score of 100, we made the following score deductions:
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 4, we canceled the penalty multiplier.
 • We deducted point upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 6's percentage was below the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • 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 (includes the impact of penalty multiplier) upon observing the 7's percentage was above the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
Benford's Law Stocks Indicator
SWBI
Low score compared to other filers, falling in the bottom quartile.
VTOL
OLPX
RDGA
RRAC.U
ANSS
OPTN
PED
RENEU
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 137 numbers that start with the digit 1. Here they are:
198,939
160,500
19,024
19,024
17,147
1,630
1,436
1,813
109,045
179,836
100,000,000
115,885
137,484
101,592
1,969
10,336
10,080
12,999
16,063
1
11,282
19,400
11
11
176
1,723
1,448
1,723
1,272
10,316
18,128
1,659
1,663
13,499
17
17
1,504
1,504
18
18
12
16,557
16,557
13,499
13,499
16
16
13
1,663
1,663
1
1,119
1,118
1,844
17,375
17,375
13,499
1,287
139
1,629
16,750
11,230
1,332
150
164
14,314
11,796
134
10,000
17,375
16,557
1,119
13,283
10,687
100.0
175.0
110.0
1.5
123,670
12,975
12,848
198,939
160,500
1,666
1,564
10.2
1,531,763
1,844,073
1,663
17
1,663
17
13,499
13,499
18,336
19,008
11,184
142,882
142,878
180,814
117,724
176,583
158,100
1,000,347
13.45
13.14
15.87
12.07
13.22
11.57
18.51
179,017
10.77
1,218,365
14.30
1,006,133
13.43
18.6
100
120.0
114.5
158.0
160.0
157.4
10
1.9
1.1
1,954
18
1,073
136
17
199
1,072
103
1,703
1,073
We found 92 numbers that start with the digit 2. Here they are:
25
26,704
2,495
298,700
287,878
243,430
252,633
2,466
2,598
25,183
26,742
26,811
214,786
20,000,000
295,348
289,994
29,833,921
247,261
275,094
27,947
2,869
29,839
2,382
2,521
23,822
28,142
2,402
2,434
29
29
286,341
29,686
287,827
29,757
283,666
29,040
214
287,827
29,757
293,362
2,002
2,002
220
2,876
2,876
295,348
289,994
29,834
218
25,680
25,680
295,348
23,860
24,291
2,521
23
23,589
232
2,668
2,877
25,468
25,712
26,704
2,564
2.7
26.7
2,742
2,559
245
26,742
26,811
21.4
219,773
2.8
25.5
29
29
259,467
20,917
285,812
281,495
25.97
2.9
2.3
2.3
24
2,056
262
2,191
2,482
2,342
2,792
We found 64 numbers that start with the digit 3. Here they are:
367,717
352,615
39,880
34,143
35,404
31,677,994
364,071
398,160
333,899
376,686
39,424
31,138
30
3,875
3,886
3,690
373,502
3
37
37
376,431
384,623
36
376,431
31,458
369,065
3
31,678
364,071
398,160
39
3,690
3,690
31,678
364,071
3,690
38,439
3,015
3,907
377
384
34,135
3,317
3,883
3,677
3,172
3,200
312,310
360
3,690
3,690
32,594
357,357
3.4
386
3,036
39
364
398
366
35
398
305
3,258
4's 5's 6's
We found 65 numbers that start with the digit 4. Here they are:
44,002,703
4,973
41,831
44,002,703
45,561,569
458,322
432,642
42,480
45,571
4,125
4,629
44,038
45,618
44,627
45,901
44,398
46,028
45,069
46,315
430,669
431,594
422,375
4,264
4,264
431,594
455,446
44
44
458,322
432,642
458,322
4,264
4,103
4,730
456
440
48,051
47,367
4,219
485
4,925
4,423
4.1
44,038
45,618
410
44,398
46,028
44,627
45,901
442
414
45,069
46,315
4.3
457,015
4.5
443,000
443
440
441
442
49
443
450
We found 46 numbers that start with the digit 5. Here they are:
5
57,442
59,071
578,857
577,996
526,896
540,660
578,857
577,996
5,484
5,349
517,682
5,477
5,477
520,050
523,184
520,050
531,000
5,723
5,723
526,896
540,660
5,724
5,724
526,896
5,724
5,471
5,132
595
50,000
53,556
5.0
50.0
54,954
56,282
5,838
50.0
50.0
5.7
54,666
58,819
599,893
533,940
50
50.0
5,527
We found 20 numbers that start with the digit 6. Here they are:
60,839
63,978
68
63
6,079
63,003
6,189
60,839
653
6.63
60.8
6,267
6,104
6,224
63,469
664,000
6.5
642
67
6,355
7's 8's 9's
We found 75 numbers that start with the digit 7. Here they are:
7,988
7,627
7,312
7,249
7,925
7,620
7,852
75,680,697
75,395,490
76
75
73
73
7,605
77,403
739
7,882
75,323
75
73
71
7,882
7,882
75,326
75
73
75,029
75
73
722
722
717
76
76
75,326
75
73
75,678
76
73
75,681
76
73
75,395
75
73
749
749
79
79
75,681
76
73
785
7,468
70,000
749
722
7,098
7,340
793,551
71,099
716,869
7,882
7,882
75,000
7.0
747
7,046
703
709
777
7,046
703
776
We found 20 numbers that start with the digit 8. Here they are:
8,614
8,987
87,938
86,638
82,192
83
825
825
8,160
85,188
82,475
825
83,337
8,033
8,817
870,000
870
899
870
828
We found 22 numbers that start with the digit 9. Here they are:
9,098
96,700
98,060
9,235
955
966
925
925
9,219
9,219
946
941
929
9,128
947
916,000
9.1
932,705
96,063
99
94
904
While the above SWBI 10Q Filed 3/6/2025 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 3/6/2025 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.

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: 41
XBRL?   [ original filing ]
Total numbers found: 541

= Typical SWBI range from 9/3/2020 to 3/6/2025
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 9/3/2020 to 3/6/2025
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: 60
XBRL?   [ original filing ]
Total numbers found: 420

= Typical SWBI range from 9/3/2020 to 3/6/2025
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: 80
XBRL?   [ original filing ]
Total numbers found: 575

= Typical SWBI range from 9/3/2020 to 3/6/2025
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 9/3/2020 to 3/6/2025
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: 94
XBRL?   [ original filing ]
Total numbers found: 991

= Typical SWBI range from 9/3/2020 to 3/6/2025
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: 72
XBRL?   [ original filing ]
Total numbers found: 530

= Typical SWBI range from 9/3/2020 to 3/6/2025
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 9/3/2020 to 3/6/2025
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 9/3/2020 to 3/6/2025
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: 67
XBRL?   [ original filing ]
Total numbers found: 398

= Typical SWBI range from 9/3/2020 to 3/6/2025
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: 87
XBRL?   [ original filing ]
Total numbers found: 587

= Typical SWBI range from 9/3/2020 to 3/6/2025
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 9/3/2020 to 3/6/2025
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: 74
XBRL?   [ original filing ]
Total numbers found: 440

= Typical SWBI range from 9/3/2020 to 3/6/2025
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 9/3/2020 to 3/6/2025
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: 68
XBRL?   [ original filing ]
Total numbers found: 579

= Typical SWBI range from 9/3/2020 to 3/6/2025
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 9/3/2020 to 3/6/2025
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 9/3/2020 to 3/6/2025
33.5
16.6
9.5
9.5
7.3
8.9
7.6
3.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 537

= Typical SWBI range from 9/3/2020 to 3/6/2025
 

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