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Side-by-side financial comparison of Autohome Inc. (ATHM) and SPORTSMAN'S WAREHOUSE HOLDINGS, INC. (SPWH). Click either name above to swap in a different company.

SPORTSMAN'S WAREHOUSE HOLDINGS, INC. is the larger business by last-quarter revenue ($331.3M vs $249.8M, roughly 1.3× Autohome Inc.). Autohome Inc. runs the higher net margin — 23.8% vs 0.0%, a 23.8% gap on every dollar of revenue. Over the past eight quarters, Autohome Inc.'s revenue compounded faster (-0.6% CAGR vs -5.4%).

Autohome Inc. is a leading online destination for automobile consumers in China. Through its websites and mobile apps, it provides professionally produced content, user-generated content, comprehensive vehicle listings, and a suite of services for dealers, automakers, and car buyers, including new and used car listings, financing, insurance, and online transactions.

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.

ATHM vs SPWH — Head-to-Head

Bigger by revenue
SPWH
SPWH
1.3× larger
SPWH
$331.3M
$249.8M
ATHM
Higher net margin
ATHM
ATHM
23.8% more per $
ATHM
23.8%
0.0%
SPWH
Faster 2-yr revenue CAGR
ATHM
ATHM
Annualised
ATHM
-0.6%
-5.4%
SPWH

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
ATHM
ATHM
SPWH
SPWH
Revenue
$249.8M
$331.3M
Net Profit
$59.4M
$8.0K
Gross Margin
63.7%
32.8%
Operating Margin
8.3%
1.3%
Net Margin
23.8%
0.0%
Revenue YoY
2.2%
Net Profit YoY
-97.8%
EPS (diluted)
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATHM
ATHM
SPWH
SPWH
Q4 25
$331.3M
Q3 25
$249.8M
$293.9M
Q2 25
$245.4M
$249.1M
Q1 25
$244.3M
$340.4M
Q4 24
$324.3M
Q3 24
$252.9M
$288.7M
Q2 24
$257.7M
$244.2M
Q1 24
$222.9M
$370.4M
Net Profit
ATHM
ATHM
SPWH
SPWH
Q4 25
$8.0K
Q3 25
$59.4M
$-7.1M
Q2 25
$56.0M
$-21.3M
Q1 25
$-8.7M
Q4 24
$-364.0K
Q3 24
$61.0M
$-5.9M
Q2 24
$69.3M
$-18.1M
Q1 24
$52.4M
$-8.7M
Gross Margin
ATHM
ATHM
SPWH
SPWH
Q4 25
32.8%
Q3 25
63.7%
32.0%
Q2 25
71.4%
30.4%
Q1 25
30.4%
Q4 24
31.8%
Q3 24
77.0%
31.2%
Q2 24
81.5%
30.2%
Q1 24
81.3%
26.8%
Operating Margin
ATHM
ATHM
SPWH
SPWH
Q4 25
1.3%
Q3 25
8.3%
-1.1%
Q2 25
16.9%
-7.9%
Q1 25
13.0%
1.1%
Q4 24
1.0%
Q3 24
4.7%
-1.5%
Q2 24
22.0%
-8.4%
Q1 24
17.2%
-2.1%
Net Margin
ATHM
ATHM
SPWH
SPWH
Q4 25
0.0%
Q3 25
23.8%
-2.4%
Q2 25
22.8%
-8.5%
Q1 25
-2.6%
Q4 24
-0.1%
Q3 24
24.1%
-2.0%
Q2 24
26.9%
-7.4%
Q1 24
23.5%
-2.4%
EPS (diluted)
ATHM
ATHM
SPWH
SPWH
Q4 25
$0.00
Q3 25
$-0.18
Q2 25
$-0.56
Q1 25
$-0.22
Q4 24
$-0.01
Q3 24
$-0.16
Q2 24
$-0.48
Q1 24
$-0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATHM
ATHM
SPWH
SPWH
Cash + ST InvestmentsLiquidity on hand
$2.2M
Total DebtLower is stronger
$44.0M
Stockholders' EquityBook value
$209.5M
Total Assets
$913.9M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATHM
ATHM
SPWH
SPWH
Q4 25
$2.2M
Q3 25
$1.8M
Q2 25
$3.6M
Q1 25
$2.8M
Q4 24
$2.7M
Q3 24
$2.6M
Q2 24
$2.2M
Q1 24
$3.1M
Total Debt
ATHM
ATHM
SPWH
SPWH
Q4 25
$44.0M
Q3 25
$43.9M
Q2 25
$24.1M
Q1 25
$24.1M
Q4 24
$24.0M
Q3 24
$24.0M
Q2 24
Q1 24
Stockholders' Equity
ATHM
ATHM
SPWH
SPWH
Q4 25
$209.5M
Q3 25
$208.9M
Q2 25
$215.1M
Q1 25
$235.7M
Q4 24
$243.6M
Q3 24
$243.0M
Q2 24
$247.5M
Q1 24
$264.6M
Total Assets
ATHM
ATHM
SPWH
SPWH
Q4 25
$913.9M
Q3 25
$948.9M
Q2 25
$929.7M
Q1 25
$852.1M
Q4 24
$967.7M
Q3 24
$901.9M
Q2 24
$930.4M
Q1 24
$886.2M
Debt / Equity
ATHM
ATHM
SPWH
SPWH
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.11×
Q1 25
0.10×
Q4 24
0.10×
Q3 24
0.10×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATHM
ATHM
SPWH
SPWH
Operating Cash FlowLast quarter
$16.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
2.6%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
2038.00×
TTM Free Cash FlowTrailing 4 quarters
$-39.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATHM
ATHM
SPWH
SPWH
Q4 25
$16.3M
Q3 25
$-26.6M
Q2 25
$-60.2M
Q1 25
$52.8M
Q4 24
$-2.5M
Q3 24
$18.5M
Q2 24
$-34.6M
Q1 24
$68.9M
Free Cash Flow
ATHM
ATHM
SPWH
SPWH
Q4 25
$8.7M
Q3 25
$-33.9M
Q2 25
$-64.0M
Q1 25
$49.6M
Q4 24
$-6.2M
Q3 24
$14.1M
Q2 24
$-38.0M
Q1 24
$60.2M
FCF Margin
ATHM
ATHM
SPWH
SPWH
Q4 25
2.6%
Q3 25
-11.5%
Q2 25
-25.7%
Q1 25
14.6%
Q4 24
-1.9%
Q3 24
4.9%
Q2 24
-15.5%
Q1 24
16.2%
Capex Intensity
ATHM
ATHM
SPWH
SPWH
Q4 25
2.3%
Q3 25
2.5%
Q2 25
1.5%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
1.5%
Q2 24
1.4%
Q1 24
2.4%
Cash Conversion
ATHM
ATHM
SPWH
SPWH
Q4 25
2038.00×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATHM
ATHM

Online marketplace and others$114.7M46%
Leads generation services$93.2M37%
Media services$41.9M17%

SPWH
SPWH

Segment breakdown not available.

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