Camping World Holdings, Inc.CWHEarnings & Financial Report
Camping World Holdings, Inc. is an American corporation specializing in selling recreational vehicles (RVs), recreational vehicle parts, and recreational vehicle service. They also sell supplies for camping. The company has its headquarters in Lincolnshire, Illinois. In October 2016 it became a publicly traded company when it raised $251 million in an IPO. Camping World has 202 locations. In addition to its RV dealerships and accessories stores, the company sells goods through phone order and...
Revenue
$1.8B
Gross Profit
$547.7M
Operating Profit
$95.4M
Net Profit
$9.8M
Gross Margin
30.3%
Operating Margin
5.3%
Net Margin
0.5%
YoY Growth
-5.0%
Camping World Holdings, Inc. Q2 FY2024 Financial Summary
Camping World Holdings, Inc. reported revenue of $1.8B (down 5.0% YoY) for Q2 FY2024, with a net profit of $9.8M (down 66.0% YoY) (0.5% margin). Cost of goods sold was $1.3B, operating expenses totaled $452.3M.
Key Financial Metrics
| Total Revenue | $1.8B |
|---|---|
| Net Profit | $9.8M |
| Gross Margin | 30.3% |
| Operating Margin | 5.3% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Camping World Holdings, Inc. Q2 FY2024 revenue of $1.8B breaks down across 6 segments, led by New Vehicles at $847.1M (46.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| New Vehicles | $847.1M | 46.9% |
| Used Vehicles | $480.8M | 26.6% |
| Products Service And Other | $235.9M | 13.1% |
| Finance And Insurance Net | $179.0M | 9.9% |
| Good Sam Club Services And Plans | $52.5M | 2.9% |
| Good Sam Club | $11.1M | 0.6% |
Camping World Holdings, Inc. Revenue by Segment — Quarterly Trend
Camping World Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as New Vehicles and Used Vehicles) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| New Vehicles | $457.8M | $766.8M | $915.1M | $621.4M |
| Used Vehicles | $386.5M | $589.1M | $572.3M | $422.4M |
| Products Service And Other | $160.5M | $208.6M | $222.9M | $165.0M |
| Finance And Insurance Net | $111.4M | $178.3M | $201.2M | $148.7M |
Camping World Holdings, Inc. Annual Revenue by Year
Camping World Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $6.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $6.4B |
| 2024 | $6.1B |
| 2023 | $6.2B |
| 2022 | $7.0B |
Camping World Holdings, Inc. Quarterly Revenue & Net Profit History
Camping World Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.2B | -2.6% | $-109.1M | -9.3% |
| Q3 FY2025 | $1.8B | +4.7% | $-40.4M | -2.2% |
| Q2 FY2025 | $2.0B | +9.4% | $30.2M | 1.5% |
| Q1 FY2025 | $1.4B | +3.6% | $-12.3M | -0.9% |
| Q4 FY2024 | $1.2B | +8.6% | $-59.5M | -4.9% |
| Q3 FY2024 | $1.7B | -0.3% | $5.5M | 0.3% |
| Q2 FY2024 | $1.8B | -5.0% | $9.8M | 0.5% |
| Q1 FY2024 | $1.4B | -8.3% | $-22.3M | -1.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.36B | $1.81B | $1.72B | $1.20B | $1.41B | $1.98B | $1.81B | $1.17B |
| YoY Growth | -8.3% | -5.0% | -0.3% | 8.6% | 3.6% | 9.4% | 4.7% | -2.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.07B | $5.01B | $4.69B | $4.86B | $5.15B | $5.19B | $5.00B | $5.04B |
| Liabilities | $4.87B | $4.80B | $4.47B | $4.38B | $4.69B | $4.68B | $4.52B | $4.67B |
| Equity | $142.8M | $149.7M | $151.6M | $326.6M | $310.5M | $340.5M | $296.2M | $228.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-68.0M | $152.3M | $324.2M | $-163.4M | $-232.5M | $187.9M | $139.8M | $-227.2M |