SPORTSMAN'S WAREHOUSE HOLDINGS, INC.SPWHEarnings & Financial Report
Sportsman's Warehouse is an American outdoor sporting goods retailer which operates in 29 states across the United States. Sportsman's Warehouse sells apparel, footwear, and gear which caters to sportsmen and sportswomen with interests in hunting, shooting, reloading, camping, fishing, and other outdoor recreational activities.
Revenue
$288.7M
Gross Profit
$90.0M
Operating Profit
$-4.3M
Net Profit
$-5.9M
Gross Margin
31.2%
Operating Margin
-1.5%
Net Margin
-2.0%
YoY Growth
-6.7%
EPS
$-0.16
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. Q2 FY2025 Financial Summary
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. reported revenue of $288.7M (down 6.7% YoY) for Q2 FY2025, with a net profit of $-5.9M (down 79.6% YoY) (-2.0% margin). Cost of goods sold was $198.7M, operating expenses totaled $94.3M.
Key Financial Metrics
| Total Revenue | $288.7M |
|---|---|
| Net Profit | $-5.9M |
| Gross Margin | 31.2% |
| Operating Margin | -1.5% |
| Report Period | Q2 FY2025 |
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. Annual Revenue by Year
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.2B |
| 2024 | $1.3B |
| 2023 | $1.4B |
| 2022 | $1.5B |
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. Quarterly Revenue & Net Profit History
SPORTSMAN'S WAREHOUSE 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 |
|---|---|---|---|---|
| Q3 FY2026 | $331.3M | +2.2% | $8.0K | 0.0% |
| Q2 FY2026 | $293.9M | +1.8% | $-7.1M | -2.4% |
| Q1 FY2026 | $249.1M | +2.0% | $-21.3M | -8.5% |
| Q4 FY2025 | $340.4M | -8.1% | $-8.7M | -2.6% |
| Q3 FY2025 | $324.3M | -4.8% | $-364.0K | -0.1% |
| Q2 FY2025 | $288.7M | -6.7% | $-5.9M | -2.0% |
| Q1 FY2025 | $244.2M | -8.7% | $-18.1M | -7.4% |
| Q4 FY2024 | $370.4M | -2.3% | $-8.7M | -2.4% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $370.4M | $244.2M | $288.7M | $324.3M | $340.4M | $249.1M | $293.9M | $331.3M |
| YoY Growth | -2.3% | -8.7% | -6.7% | -4.8% | -8.1% | 2.0% | 1.8% | 2.2% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $886.2M | $930.4M | $901.9M | $967.7M | $852.1M | $929.7M | $948.9M | $913.9M |
| Liabilities | $621.6M | $682.8M | $658.9M | $724.1M | $616.4M | $714.6M | $740.0M | $704.3M |
| Equity | $264.6M | $247.5M | $243.0M | $243.6M | $235.7M | $215.1M | $208.9M | $209.5M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $68.9M | $-34.6M | $18.5M | $-2.5M | $52.8M | $-60.2M | $-26.6M | $16.3M |