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HandgunLast updated November 11, 2026

.40 S&W Ammo Prices — From $0.26/rd

The law enforcement caliber in transition. Compare FMJ range ammo and JHP defense loads across every major retailer.

Typical$0.375/rd practice · $0.974/rd premium
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Observed 30-day price distribution

IronScout provides observed price and availability data for .40 S&W ammo prices ammunition across tracked online retailers. Data reflects historical price observations and does not include purchase recommendations.

Observed 30-Day Price Range (Per Round): median: $0.620, lowest: $0.259, 95th-percentile high: $1.750, sample size: 10418.

Lowest observed price in the trailing 7-day window: $0.260.

Prices last updated November 11, 2026 · 457 listings tracked across 31 retailers · 31 days with data in the 30-day window

How we calculate this

SQL PERCENTILE_CONT over daily-best per-product-per-day observed in-stock prices

  • Daily-best is MIN(price_per_round) per (caliber, product, UTC day).
  • Only in-stock observations included.
  • Coverage varies by retailer and source.

As of November 11, 2026, .40 S&W ammunition shows a median observed price of $0.620 per round across 31 tracked retailers, with most in-stock listings between $0.403 and $1.75 per round (30-day window, 10,418 daily-best observations across 457 products). By purpose, range/practice (FMJ-class) ammunition has a median of $0.375 per round and premium/defensive (JHP, hunting, match) has a median of $0.974 per round.

Historical price observations from tracked retailers. How we measure this.

Price tools & guides

Compare .40 S&W against every tracked caliber on the ammo price index.

Which .40 S&W Product Lines Are Most Common?

Current observed prices are in the 30-day price summary at the top of this page, recomputed from tracked retailer listings. The table below lists common product lines by type, grain, and use.

Product LineTypeGrainUse Case
Blazer Brass .40FMJ180grRange / Training
Federal American Eagle .40FMJ180grRange / Training
Winchester White Box .40FMJ180grRange / Training
Federal HST .40JHP180grSelf-Defense
Speer Gold Dot .40JHP180grSelf-Defense / LE
Hornady Critical Duty .40FlexLock175grSelf-Defense / LE

What .40 S&W Ammo Types Are Available?

How Much Does .40 S&W Ammo Cost Per Round in 2026?

The .40 S&W was developed in 1990 as a compromise between 9mm and .45 ACP for law enforcement, and its pricing reflects an interesting market position: it's often cheaper than you'd expect because declining demand has created buyer-favorable conditions.

As of November 11, 2026, .40 S&W ammunition shows a median observed price of $0.620 per round across 31 tracked retailers, with most in-stock listings between $0.403 and $1.75 per round (30-day window, 10,418 daily-best observations across 457 products). By purpose, range/practice (FMJ-class) ammunition has a median of $0.375 per round and premium/defensive (JHP, hunting, match) has a median of $0.974 per round. FMJ range ammo typically costs somewhat more per round than 9mm. The standard range load is 180gr FMJ, though 165gr options exist. Blazer Brass and Federal American Eagle are the most common training options.

JHP defense loads: Federal HST and Speer Gold Dot in .40 S&W are common defensive hollow point lines in this caliber.

The .40 S&W market shift: Since the FBI's 2014 decision to return to 9mm, most law enforcement agencies have followed suit. This has created an unusual buyer's market for .40 S&W: used duty pistols (Glock 22, Glock 23, S&W M&P 40) are available at significant discounts, and ammunition manufacturers occasionally run promotions to move .40 S&W inventory. For budget-conscious shooters willing to accept sharper recoil and lower capacity, the .40 S&W platform offers genuine value.

.40 S&W Market Trends

The .40 S&W is in a slow, structural decline. New gun sales in the caliber decrease each year as 9mm dominates. However, the caliber is far from dead — millions of .40 S&W pistols are in circulation, and all major manufacturers continue full product lines. Pricing has actually improved for buyers as production capacity exceeds demand.

Caliber Comparisons

  • 9mm vs .40 S&W — The FBI transition, surplus market, and why .40 still has value

Related Calibers — 9mm, .45 ACP, 10mm Auto

  • 9mm — Lower recoil, higher capacity, lower cost, dominant market position
  • .45 ACP — Larger bore, subsonic by default, classic big-bore handgun
  • 10mm Auto — The .40 S&W's parent cartridge, significantly more powerful. Compared head to head in .40 S&W vs 10mm Auto.
  • .380 ACP — Compact carry alternative with much lower recoil
  • .357 SIG — Often swappable via barrel change on the same frame. Higher velocity, higher pressure.

.40 S&W Ammo Brands — Federal, CCI, Winchester & More

  • Federal — American Eagle range ammo and HST duty loads. Extensive LE track record.
  • CCI — Blazer Brass .40. Budget brass-cased range option.
  • Winchester — White Box FMJ and Ranger duty loads.
  • Speer — Gold Dot .40. The standard LE duty round for decades.
  • Hornady — Critical Duty FlexLock. Barrier-blind defensive loads.

Where to Buy .40 S&W Ammo Online

.40 S&W quick facts

Category
Handgun
Cheapest (7-day low)
$0.26/rd
Lower quartile (25th pct)
$0.40/rd
Range / practice median
$0.37/rd
Defensive / premium median
$0.97/rd
Observed price range
$0.26–$3.03/rd
Typical price
$0.62/rd
Retailers tracked
31
Products tracked
457
Common bullet types
FMJ, JHP, FlexLock
Common grain weights
180gr, 175gr

Prices are observed daily-best CPR across tracked retailers · 31 days with data in the 30-day window · Updated November 11, 2026

IronScout Price Trend

Observed range / practice median cost-per-round for .40 S&W across tracked online retailers. Each point is a valid observed level. Lines appear only between adjacent frozen months whose tracked-retailer sets were verified as comparable; other pairs are shown unconnected. The rolling window is unconnected because it has no frozen-month overlap certificate.

May 26Jun 26Jul 26Aug 26Sep 26Oct 26Last 30 days
.40 S&W observed price trend by month
PeriodObserved lowRange / practice medianPremium / defensive medianObserved high
May 26—$0.440$1.30—
Jun 26—$0.400$1.25—
Jul 26—$0.380$1.00—
Aug 26$0.260$0.385$0.844$2.70
Sep 26$0.260$0.386$0.950$3.03
Oct 26$0.257$0.380$0.974$3.03
Last 30 days$0.259$0.375$0.974$3.03

Monthly values are frozen archive snapshots; the “Last 30 days” row reflects the rolling observed window. Data covers tracked online retailers only — not the entire market. 5 adjacent monthly pairs were explicitly withheld by the comparability gate.

Frequently asked questions

What is the current price of .40 S&W ammo per round?
As of November 2026, .40 S&W ammo ranges from $0.259/rd (lowest observed) to $3.03/rd, with a median of $0.620/rd across 31 tracked retailers and 457+ listings. A quarter of observed listings price at or below $0.403/rd. IronScout updates these prices daily from in-stock online listings.
Is .40 S&W being discontinued?
No. Law enforcement agencies including the FBI have switched to 9mm, but manufacturers continue to produce .40 S&W ammunition.
.40 S&W vs 9mm — how do they compare?
9mm offers lower recoil, higher capacity, lower-priced ammo, and — with modern JHP designs — comparable terminal performance. The FBI returned to 9mm in 2014 citing advances in bullet technology. .40 S&W delivers more energy per round but at the cost of capacity, recoil, and ammunition cost.

Tracked brands

Brand-specific .40 S&W price pages, each built from that brand's own observed listings.

Related calibers

Reference library