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Side-by-side financial comparison of Sabra Health Care REIT, Inc. (SBRA) 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 $221.8M, roughly 1.5× Sabra Health Care REIT, Inc.). Sabra Health Care REIT, Inc. runs the higher net margin — 18.4% vs 0.0%, a 18.4% gap on every dollar of revenue. On growth, Sabra Health Care REIT, Inc. posted the faster year-over-year revenue change (20.8% vs 2.2%). Over the past eight quarters, Sabra Health Care REIT, Inc.'s revenue compounded faster (12.2% CAGR vs -5.4%).

Sabra Health Care REIT, Inc. is a specialized real estate investment trust that owns, manages, and invests in a diverse portfolio of healthcare real estate assets. Its core holdings include senior housing facilities, skilled nursing centers, specialty hospital properties, and medical office buildings across the United States, serving key segments of the growing senior care and healthcare delivery markets.

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.

SBRA vs SPWH — Head-to-Head

Bigger by revenue
SPWH
SPWH
1.5× larger
SPWH
$331.3M
$221.8M
SBRA
Growing faster (revenue YoY)
SBRA
SBRA
+18.6% gap
SBRA
20.8%
2.2%
SPWH
Higher net margin
SBRA
SBRA
18.4% more per $
SBRA
18.4%
0.0%
SPWH
Faster 2-yr revenue CAGR
SBRA
SBRA
Annualised
SBRA
12.2%
-5.4%
SPWH

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
SBRA
SBRA
SPWH
SPWH
Revenue
$221.8M
$331.3M
Net Profit
$40.8M
$8.0K
Gross Margin
32.8%
Operating Margin
1.3%
Net Margin
18.4%
0.0%
Revenue YoY
20.8%
2.2%
Net Profit YoY
1.3%
-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
SBRA
SBRA
SPWH
SPWH
Q1 26
$221.8M
Q4 25
$211.9M
$331.3M
Q3 25
$190.0M
$293.9M
Q2 25
$189.2M
$249.1M
Q1 25
$183.5M
$340.4M
Q4 24
$182.3M
$324.3M
Q3 24
$178.0M
$288.7M
Q2 24
$176.1M
$244.2M
Net Profit
SBRA
SBRA
SPWH
SPWH
Q1 26
$40.8M
Q4 25
$27.2M
$8.0K
Q3 25
$22.5M
$-7.1M
Q2 25
$65.5M
$-21.3M
Q1 25
$40.3M
$-8.7M
Q4 24
$46.7M
$-364.0K
Q3 24
$29.8M
$-5.9M
Q2 24
$24.0M
$-18.1M
Gross Margin
SBRA
SBRA
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
SBRA
SBRA
SPWH
SPWH
Q1 26
Q4 25
12.3%
1.3%
Q3 25
11.4%
-1.1%
Q2 25
34.5%
-7.9%
Q1 25
22.1%
1.1%
Q4 24
25.9%
1.0%
Q3 24
16.5%
-1.5%
Q2 24
13.8%
-8.4%
Net Margin
SBRA
SBRA
SPWH
SPWH
Q1 26
18.4%
Q4 25
12.8%
0.0%
Q3 25
11.9%
-2.4%
Q2 25
34.7%
-8.5%
Q1 25
22.0%
-2.6%
Q4 24
25.6%
-0.1%
Q3 24
16.7%
-2.0%
Q2 24
13.6%
-7.4%
EPS (diluted)
SBRA
SBRA
SPWH
SPWH
Q1 26
Q4 25
$0.11
$0.00
Q3 25
$0.09
$-0.18
Q2 25
$0.27
$-0.56
Q1 25
$0.17
$-0.22
Q4 24
$0.20
$-0.01
Q3 24
$0.13
$-0.16
Q2 24
$0.10
$-0.48

Balance Sheet & Financial Strength

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

Metric
SBRA
SBRA
SPWH
SPWH
Cash + ST InvestmentsLiquidity on hand
$116.5M
$2.2M
Total DebtLower is stronger
$44.0M
Stockholders' EquityBook value
$2.8B
$209.5M
Total Assets
$5.6B
$913.9M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SBRA
SBRA
SPWH
SPWH
Q1 26
$116.5M
Q4 25
$71.5M
$2.2M
Q3 25
$200.6M
$1.8M
Q2 25
$95.2M
$3.6M
Q1 25
$22.7M
$2.8M
Q4 24
$60.5M
$2.7M
Q3 24
$63.0M
$2.6M
Q2 24
$36.4M
$2.2M
Total Debt
SBRA
SBRA
SPWH
SPWH
Q1 26
Q4 25
$2.5B
$44.0M
Q3 25
$2.6B
$43.9M
Q2 25
$2.5B
$24.1M
Q1 25
$2.4B
$24.1M
Q4 24
$2.4B
$24.0M
Q3 24
$2.5B
$24.0M
Q2 24
$2.4B
Stockholders' Equity
SBRA
SBRA
SPWH
SPWH
Q1 26
$2.8B
Q4 25
$2.8B
$209.5M
Q3 25
$2.8B
$208.9M
Q2 25
$2.7B
$215.1M
Q1 25
$2.7B
$235.7M
Q4 24
$2.7B
$243.6M
Q3 24
$2.7B
$243.0M
Q2 24
$2.8B
$247.5M
Total Assets
SBRA
SBRA
SPWH
SPWH
Q1 26
$5.6B
Q4 25
$5.5B
$913.9M
Q3 25
$5.6B
$948.9M
Q2 25
$5.3B
$929.7M
Q1 25
$5.2B
$852.1M
Q4 24
$5.3B
$967.7M
Q3 24
$5.4B
$901.9M
Q2 24
$5.4B
$930.4M
Debt / Equity
SBRA
SBRA
SPWH
SPWH
Q1 26
Q4 25
0.90×
0.21×
Q3 25
0.92×
0.21×
Q2 25
0.91×
0.11×
Q1 25
0.89×
0.10×
Q4 24
0.88×
0.10×
Q3 24
0.90×
0.10×
Q2 24
0.89×

Cash Flow & Capital Efficiency

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

Metric
SBRA
SBRA
SPWH
SPWH
Operating Cash FlowLast quarter
$98.4M
$16.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
2.6%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
2.41×
2038.00×
TTM Free Cash FlowTrailing 4 quarters
$-39.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SBRA
SBRA
SPWH
SPWH
Q1 26
$98.4M
Q4 25
$348.6M
$16.3M
Q3 25
$100.0M
$-26.6M
Q2 25
$81.0M
$-60.2M
Q1 25
$80.3M
$52.8M
Q4 24
$310.5M
$-2.5M
Q3 24
$97.7M
$18.5M
Q2 24
$80.1M
$-34.6M
Free Cash Flow
SBRA
SBRA
SPWH
SPWH
Q1 26
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
FCF Margin
SBRA
SBRA
SPWH
SPWH
Q1 26
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%
Capex Intensity
SBRA
SBRA
SPWH
SPWH
Q1 26
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%
Cash Conversion
SBRA
SBRA
SPWH
SPWH
Q1 26
2.41×
Q4 25
12.80×
2038.00×
Q3 25
4.44×
Q2 25
1.24×
Q1 25
1.99×
Q4 24
6.65×
Q3 24
3.28×
Q2 24
3.34×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SBRA
SBRA

Resident fees and services$116.7M53%
Rental and related revenues (1)$95.0M43%
Other$10.0M5%

SPWH
SPWH

Segment breakdown not available.

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