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

SEI INVESTMENTS CO is the larger business by last-quarter revenue ($622.2M vs $331.3M, roughly 1.9× SPORTSMAN'S WAREHOUSE HOLDINGS, INC.). SEI INVESTMENTS CO runs the higher net margin — 28.0% vs 0.0%, a 28.0% gap on every dollar of revenue. On growth, SEI INVESTMENTS CO posted the faster year-over-year revenue change (13.0% vs 2.2%). Over the past eight quarters, SEI INVESTMENTS CO's revenue compounded faster (9.5% CAGR vs -5.4%).

SEI Investments Company, formerly Simulated Environments Inc., is a financial services company headquartered in Oaks, Pennsylvania, United States. SEI provides products and services to institutions, private banks, investment advisors, investment managers, and private clients. Through its subsidiaries and partnerships in which the company has significant interests, SEI manages, advises or administers $1 trillion in hedge funds, private equity, mutual funds and pooled or separately managed asse...

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.

SEIC vs SPWH — Head-to-Head

Bigger by revenue
SEIC
SEIC
1.9× larger
SEIC
$622.2M
$331.3M
SPWH
Growing faster (revenue YoY)
SEIC
SEIC
+10.8% gap
SEIC
13.0%
2.2%
SPWH
Higher net margin
SEIC
SEIC
28.0% more per $
SEIC
28.0%
0.0%
SPWH
Faster 2-yr revenue CAGR
SEIC
SEIC
Annualised
SEIC
9.5%
-5.4%
SPWH

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
SEIC
SEIC
SPWH
SPWH
Revenue
$622.2M
$331.3M
Net Profit
$174.5M
$8.0K
Gross Margin
32.8%
Operating Margin
30.5%
1.3%
Net Margin
28.0%
0.0%
Revenue YoY
13.0%
2.2%
Net Profit YoY
15.0%
-97.8%
EPS (diluted)
$1.40
$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
SEIC
SEIC
SPWH
SPWH
Q1 26
$622.2M
Q4 25
$607.9M
$331.3M
Q3 25
$578.5M
$293.9M
Q2 25
$559.6M
$249.1M
Q1 25
$551.3M
$340.4M
Q4 24
$557.2M
$324.3M
Q3 24
$537.4M
$288.7M
Q2 24
$519.0M
$244.2M
Net Profit
SEIC
SEIC
SPWH
SPWH
Q1 26
$174.5M
Q4 25
$172.5M
$8.0K
Q3 25
$164.2M
$-7.1M
Q2 25
$227.1M
$-21.3M
Q1 25
$151.5M
$-8.7M
Q4 24
$155.8M
$-364.0K
Q3 24
$154.9M
$-5.9M
Q2 24
$139.1M
$-18.1M
Gross Margin
SEIC
SEIC
SPWH
SPWH
Q1 26
Q4 25
36.8%
32.8%
Q3 25
35.0%
32.0%
Q2 25
33.8%
30.4%
Q1 25
34.9%
30.4%
Q4 24
33.1%
31.8%
Q3 24
33.8%
31.2%
Q2 24
32.7%
30.2%
Operating Margin
SEIC
SEIC
SPWH
SPWH
Q1 26
30.5%
Q4 25
26.6%
1.3%
Q3 25
27.7%
-1.1%
Q2 25
26.6%
-7.9%
Q1 25
28.5%
1.1%
Q4 24
26.1%
1.0%
Q3 24
26.8%
-1.5%
Q2 24
26.3%
-8.4%
Net Margin
SEIC
SEIC
SPWH
SPWH
Q1 26
28.0%
Q4 25
28.4%
0.0%
Q3 25
28.4%
-2.4%
Q2 25
40.6%
-8.5%
Q1 25
27.5%
-2.6%
Q4 24
28.0%
-0.1%
Q3 24
28.8%
-2.0%
Q2 24
26.8%
-7.4%
EPS (diluted)
SEIC
SEIC
SPWH
SPWH
Q1 26
$1.40
Q4 25
$1.38
$0.00
Q3 25
$1.30
$-0.18
Q2 25
$1.78
$-0.56
Q1 25
$1.17
$-0.22
Q4 24
$1.18
$-0.01
Q3 24
$1.19
$-0.16
Q2 24
$1.05
$-0.48

Balance Sheet & Financial Strength

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

Metric
SEIC
SEIC
SPWH
SPWH
Cash + ST InvestmentsLiquidity on hand
$363.1M
$2.2M
Total DebtLower is stronger
$32.4M
$44.0M
Stockholders' EquityBook value
$2.5B
$209.5M
Total Assets
$3.3B
$913.9M
Debt / EquityLower = less leverage
0.01×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SEIC
SEIC
SPWH
SPWH
Q1 26
$363.1M
Q4 25
$399.8M
$2.2M
Q3 25
$1.8M
Q2 25
$3.6M
Q1 25
$710.7M
$2.8M
Q4 24
$839.9M
$2.7M
Q3 24
$901.1M
$2.6M
Q2 24
$768.3M
$2.2M
Total Debt
SEIC
SEIC
SPWH
SPWH
Q1 26
$32.4M
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
Stockholders' Equity
SEIC
SEIC
SPWH
SPWH
Q1 26
$2.5B
Q4 25
$2.4B
$209.5M
Q3 25
$2.4B
$208.9M
Q2 25
$2.3B
$215.1M
Q1 25
$2.3B
$235.7M
Q4 24
$2.3B
$243.6M
Q3 24
$2.4B
$243.0M
Q2 24
$2.2B
$247.5M
Total Assets
SEIC
SEIC
SPWH
SPWH
Q1 26
$3.3B
Q4 25
$913.9M
Q3 25
$948.9M
Q2 25
$2.6B
$929.7M
Q1 25
$2.6B
$852.1M
Q4 24
$2.7B
$967.7M
Q3 24
$2.7B
$901.9M
Q2 24
$2.5B
$930.4M
Debt / Equity
SEIC
SEIC
SPWH
SPWH
Q1 26
0.01×
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

Cash Flow & Capital Efficiency

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

Metric
SEIC
SEIC
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
SEIC
SEIC
SPWH
SPWH
Q1 26
Q4 25
$126.4M
$16.3M
Q3 25
$238.3M
$-26.6M
Q2 25
$96.5M
$-60.2M
Q1 25
$146.5M
$52.8M
Q4 24
$195.3M
$-2.5M
Q3 24
$200.0M
$18.5M
Q2 24
$114.7M
$-34.6M
Free Cash Flow
SEIC
SEIC
SPWH
SPWH
Q1 26
Q4 25
$124.8M
$8.7M
Q3 25
$229.6M
$-33.9M
Q2 25
$92.7M
$-64.0M
Q1 25
$137.8M
$49.6M
Q4 24
$190.2M
$-6.2M
Q3 24
$193.7M
$14.1M
Q2 24
$107.0M
$-38.0M
FCF Margin
SEIC
SEIC
SPWH
SPWH
Q1 26
Q4 25
20.5%
2.6%
Q3 25
39.7%
-11.5%
Q2 25
16.6%
-25.7%
Q1 25
25.0%
14.6%
Q4 24
34.1%
-1.9%
Q3 24
36.0%
4.9%
Q2 24
20.6%
-15.5%
Capex Intensity
SEIC
SEIC
SPWH
SPWH
Q1 26
Q4 25
0.3%
2.3%
Q3 25
1.5%
2.5%
Q2 25
0.7%
1.5%
Q1 25
1.6%
1.0%
Q4 24
0.9%
1.1%
Q3 24
1.2%
1.5%
Q2 24
1.5%
1.4%
Cash Conversion
SEIC
SEIC
SPWH
SPWH
Q1 26
Q4 25
0.73×
2038.00×
Q3 25
1.45×
Q2 25
0.43×
Q1 25
0.97×
Q4 24
1.25×
Q3 24
1.29×
Q2 24
0.82×

Financial Flow Comparison

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

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