[Discussion] Smith & Wesson Bodyguard 38 2.0 Compact .38 Special +P Revolver With Optional Laser

Release announced

Smith & Wesson Brands, Inc. announced on April 14, 2026, the release of the Bodyguard 38 2.0, a revised small-frame revolver intended for personal-protection and everyday-carry use. The company, listed on the NASDAQ Global Select Market under ticker SWBI, said the model was developed as a compact, lightweight platform with a focus on straightforward operation.

Caliber and operating system

The Bodyguard 38 2.0 is chambered in .38 S&W Special +P. It uses a double-action-only trigger system and a 5-shot cylinder, a configuration commonly associated with simplified defensive carry revolvers. Smith & Wesson said the revolver is built around a 1.875-inch stainless-steel barrel and a one-piece aluminum-alloy upper frame, combining corrosion-resistant steel in the barrel assembly with reduced overall weight from the alloy frame construction.

Size and carry profile

According to the company, the revolver measures 4.6 inches in height and 1.35 inches in width, with an unloaded weight of 14.2 ounces. Those dimensions place it in the compact carry category, where low weight and minimal bulk are typically prioritized for waistband, pocket, or off-body carry. Smith & Wesson described the model as designed to balance durability with portability for routine concealed-carry use.

Controls and sighting setup

A notable design change is the ambidextrous, center-mounted cylinder release, which the company said is intended to allow operation with either hand. Smith & Wesson positioned the feature as useful for both right- and left-handed shooters and as part of the revolver’s emphasis on intuitive handling.

The sight system consists of a machined U-notch rear sight and an orange partridge-style front sight. The company said this combination is intended to support faster target acquisition under varied lighting conditions. The revolver ships with a polymer boot-style grip, which Smith & Wesson said is intended to improve control and shootability while keeping the overall profile compact.

Laser option and pricing

Smith & Wesson said buyers will also have the option to purchase a version equipped from the factory with an integrated Crimson Trace red laser. The standard Bodyguard 38 2.0 has an MSRP of $449, while the laser-equipped version carries an MSRP of $549.

Product positioning

In its release, Smith & Wesson presented the Bodyguard 38 2.0 as an updated defensive revolver centered on compact dimensions, low weight, and a simple manual of arms. The package combines a small-frame .38 Special +P chambering, double-action-only operation, ambidextrous controls, fixed sights, and an optional factory-installed laser, placing it squarely in the market segment for discreet personal-defense handguns.

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