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Side-by-side financial comparison of COMMUNITY FINANCIAL SYSTEM, INC. (CBU) 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 $214.5M, roughly 1.5× COMMUNITY FINANCIAL SYSTEM, INC.). COMMUNITY FINANCIAL SYSTEM, INC. runs the higher net margin — 26.7% vs 0.0%, a 26.7% gap on every dollar of revenue. On growth, COMMUNITY FINANCIAL SYSTEM, INC. posted the faster year-over-year revenue change (8.7% vs 2.2%). Over the past eight quarters, COMMUNITY FINANCIAL SYSTEM, INC.'s revenue compounded faster (7.9% CAGR vs -5.4%).

Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities. In 2014, CHS had around 200 hospitals, but the number had declined to around 85 in 2021.

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.

CBU vs SPWH — Head-to-Head

Bigger by revenue
SPWH
SPWH
1.5× larger
SPWH
$331.3M
$214.5M
CBU
Growing faster (revenue YoY)
CBU
CBU
+6.5% gap
CBU
8.7%
2.2%
SPWH
Higher net margin
CBU
CBU
26.7% more per $
CBU
26.7%
0.0%
SPWH
Faster 2-yr revenue CAGR
CBU
CBU
Annualised
CBU
7.9%
-5.4%
SPWH

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CBU
CBU
SPWH
SPWH
Revenue
$214.5M
$331.3M
Net Profit
$57.2M
$8.0K
Gross Margin
32.8%
Operating Margin
1.3%
Net Margin
26.7%
0.0%
Revenue YoY
8.7%
2.2%
Net Profit YoY
15.3%
-97.8%
EPS (diluted)
$1.15
$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
CBU
CBU
SPWH
SPWH
Q1 26
$214.5M
Q4 25
$217.0M
$331.3M
Q3 25
$208.1M
$293.9M
Q2 25
$200.5M
$249.1M
Q1 25
$197.3M
$340.4M
Q4 24
$197.4M
$324.3M
Q3 24
$190.3M
$288.7M
Q2 24
$184.3M
$244.2M
Net Profit
CBU
CBU
SPWH
SPWH
Q1 26
$57.2M
Q4 25
$54.4M
$8.0K
Q3 25
$55.1M
$-7.1M
Q2 25
$51.3M
$-21.3M
Q1 25
$49.6M
$-8.7M
Q4 24
$49.8M
$-364.0K
Q3 24
$43.9M
$-5.9M
Q2 24
$47.9M
$-18.1M
Gross Margin
CBU
CBU
SPWH
SPWH
Q1 26
Q4 25
32.8%
Q3 25
32.0%
Q2 25
30.4%
Q1 25
30.4%
Q4 24
31.8%
Q3 24
31.2%
Q2 24
30.2%
Operating Margin
CBU
CBU
SPWH
SPWH
Q1 26
Q4 25
33.1%
1.3%
Q3 25
35.2%
-1.1%
Q2 25
32.9%
-7.9%
Q1 25
32.6%
1.1%
Q4 24
32.7%
1.0%
Q3 24
30.0%
-1.5%
Q2 24
33.7%
-8.4%
Net Margin
CBU
CBU
SPWH
SPWH
Q1 26
26.7%
Q4 25
25.1%
0.0%
Q3 25
26.5%
-2.4%
Q2 25
25.6%
-8.5%
Q1 25
25.1%
-2.6%
Q4 24
25.2%
-0.1%
Q3 24
23.1%
-2.0%
Q2 24
26.0%
-7.4%
EPS (diluted)
CBU
CBU
SPWH
SPWH
Q1 26
$1.15
Q4 25
$1.03
$0.00
Q3 25
$1.04
$-0.18
Q2 25
$0.97
$-0.56
Q1 25
$0.93
$-0.22
Q4 24
$0.94
$-0.01
Q3 24
$0.83
$-0.16
Q2 24
$0.91
$-0.48

Balance Sheet & Financial Strength

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

Metric
CBU
CBU
SPWH
SPWH
Cash + ST InvestmentsLiquidity on hand
$572.2M
$2.2M
Total DebtLower is stronger
$44.0M
Stockholders' EquityBook value
$2.0B
$209.5M
Total Assets
$17.5B
$913.9M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBU
CBU
SPWH
SPWH
Q1 26
$572.2M
Q4 25
$301.8M
$2.2M
Q3 25
$245.2M
$1.8M
Q2 25
$237.2M
$3.6M
Q1 25
$518.0M
$2.8M
Q4 24
$197.0M
$2.7M
Q3 24
$346.1M
$2.6M
Q2 24
$201.5M
$2.2M
Total Debt
CBU
CBU
SPWH
SPWH
Q1 26
Q4 25
$44.0M
Q3 25
$43.9M
Q2 25
$24.1M
Q1 25
$24.1M
Q4 24
$990.2M
$24.0M
Q3 24
$24.0M
Q2 24
Stockholders' Equity
CBU
CBU
SPWH
SPWH
Q1 26
$2.0B
Q4 25
$2.0B
$209.5M
Q3 25
$1.9B
$208.9M
Q2 25
$1.9B
$215.1M
Q1 25
$1.8B
$235.7M
Q4 24
$1.8B
$243.6M
Q3 24
$1.8B
$243.0M
Q2 24
$1.7B
$247.5M
Total Assets
CBU
CBU
SPWH
SPWH
Q1 26
$17.5B
Q4 25
$17.3B
$913.9M
Q3 25
$17.0B
$948.9M
Q2 25
$16.7B
$929.7M
Q1 25
$16.8B
$852.1M
Q4 24
$16.4B
$967.7M
Q3 24
$16.4B
$901.9M
Q2 24
$15.9B
$930.4M
Debt / Equity
CBU
CBU
SPWH
SPWH
Q1 26
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.11×
Q1 25
0.10×
Q4 24
0.56×
0.10×
Q3 24
0.10×
Q2 24

Cash Flow & Capital Efficiency

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

Metric
CBU
CBU
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
CBU
CBU
SPWH
SPWH
Q1 26
Q4 25
$301.9M
$16.3M
Q3 25
$101.1M
$-26.6M
Q2 25
$53.7M
$-60.2M
Q1 25
$62.5M
$52.8M
Q4 24
$242.3M
$-2.5M
Q3 24
$56.9M
$18.5M
Q2 24
$39.8M
$-34.6M
Free Cash Flow
CBU
CBU
SPWH
SPWH
Q1 26
Q4 25
$233.3M
$8.7M
Q3 25
$83.4M
$-33.9M
Q2 25
$36.4M
$-64.0M
Q1 25
$52.0M
$49.6M
Q4 24
$221.6M
$-6.2M
Q3 24
$51.9M
$14.1M
Q2 24
$33.8M
$-38.0M
FCF Margin
CBU
CBU
SPWH
SPWH
Q1 26
Q4 25
107.5%
2.6%
Q3 25
40.1%
-11.5%
Q2 25
18.1%
-25.7%
Q1 25
26.3%
14.6%
Q4 24
112.2%
-1.9%
Q3 24
27.3%
4.9%
Q2 24
18.3%
-15.5%
Capex Intensity
CBU
CBU
SPWH
SPWH
Q1 26
Q4 25
31.6%
2.3%
Q3 25
8.5%
2.5%
Q2 25
8.6%
1.5%
Q1 25
5.3%
1.0%
Q4 24
10.5%
1.1%
Q3 24
2.6%
1.5%
Q2 24
3.3%
1.4%
Cash Conversion
CBU
CBU
SPWH
SPWH
Q1 26
Q4 25
5.55×
2038.00×
Q3 25
1.84×
Q2 25
1.05×
Q1 25
1.26×
Q4 24
4.87×
Q3 24
1.30×
Q2 24
0.83×

Financial Flow Comparison

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

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