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Side-by-side financial comparison of SIMMONS FIRST NATIONAL CORP (SFNC) 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 $197.3M, roughly 1.7× SIMMONS FIRST NATIONAL CORP). On growth, SIMMONS FIRST NATIONAL CORP posted the faster year-over-year revenue change (19.6% vs 2.2%). SIMMONS FIRST NATIONAL CORP produced more free cash flow last quarter ($411.4M vs $8.7M). Over the past eight quarters, SIMMONS FIRST NATIONAL CORP's revenue compounded faster (0.6% CAGR vs -5.4%).

Simmons Bank is a bank with operations in Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. It is the primary subsidiary of Simmons First National Corporation, a bank holding company.

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.

SFNC vs SPWH — Head-to-Head

Bigger by revenue
SPWH
SPWH
1.7× larger
SPWH
$331.3M
$197.3M
SFNC
Growing faster (revenue YoY)
SFNC
SFNC
+17.4% gap
SFNC
19.6%
2.2%
SPWH
More free cash flow
SFNC
SFNC
$402.6M more FCF
SFNC
$411.4M
$8.7M
SPWH
Faster 2-yr revenue CAGR
SFNC
SFNC
Annualised
SFNC
0.6%
-5.4%
SPWH

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
SFNC
SFNC
SPWH
SPWH
Revenue
$197.3M
$331.3M
Net Profit
$8.0K
Gross Margin
32.8%
Operating Margin
1.3%
Net Margin
0.0%
Revenue YoY
19.6%
2.2%
Net Profit YoY
-97.8%
EPS (diluted)
$0.36
$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
SFNC
SFNC
SPWH
SPWH
Q4 25
$197.3M
$331.3M
Q3 25
$186.7M
$293.9M
Q2 25
$214.2M
$249.1M
Q1 25
$209.6M
$340.4M
Q4 24
$208.5M
$324.3M
Q3 24
$174.8M
$288.7M
Q2 24
$197.2M
$244.2M
Q1 24
$195.1M
$370.4M
Net Profit
SFNC
SFNC
SPWH
SPWH
Q4 25
$8.0K
Q3 25
$-562.8M
$-7.1M
Q2 25
$54.8M
$-21.3M
Q1 25
$32.4M
$-8.7M
Q4 24
$-364.0K
Q3 24
$24.7M
$-5.9M
Q2 24
$40.8M
$-18.1M
Q1 24
$38.9M
$-8.7M
Gross Margin
SFNC
SFNC
SPWH
SPWH
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%
Q1 24
26.8%
Operating Margin
SFNC
SFNC
SPWH
SPWH
Q4 25
1.3%
Q3 25
-1.1%
Q2 25
-7.9%
Q1 25
1.1%
Q4 24
1.0%
Q3 24
-1.5%
Q2 24
-8.4%
Q1 24
-2.1%
Net Margin
SFNC
SFNC
SPWH
SPWH
Q4 25
0.0%
Q3 25
-301.5%
-2.4%
Q2 25
25.6%
-8.5%
Q1 25
15.5%
-2.6%
Q4 24
-0.1%
Q3 24
14.1%
-2.0%
Q2 24
20.7%
-7.4%
Q1 24
19.9%
-2.4%
EPS (diluted)
SFNC
SFNC
SPWH
SPWH
Q4 25
$0.36
$0.00
Q3 25
$-4.00
$-0.18
Q2 25
$0.43
$-0.56
Q1 25
$0.26
$-0.22
Q4 24
$0.38
$-0.01
Q3 24
$0.20
$-0.16
Q2 24
$0.32
$-0.48
Q1 24
$0.31
$-0.22

Balance Sheet & Financial Strength

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

Metric
SFNC
SFNC
SPWH
SPWH
Cash + ST InvestmentsLiquidity on hand
$2.2M
Total DebtLower is stronger
$620.0M
$44.0M
Stockholders' EquityBook value
$3.4B
$209.5M
Total Assets
$24.5B
$913.9M
Debt / EquityLower = less leverage
0.18×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SFNC
SFNC
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
SFNC
SFNC
SPWH
SPWH
Q4 25
$620.0M
$44.0M
Q3 25
$667.8M
$43.9M
Q2 25
$1.0B
$24.1M
Q1 25
$1.3B
$24.1M
Q4 24
$1.1B
$24.0M
Q3 24
$1.4B
$24.0M
Q2 24
$1.7B
Q1 24
$1.2B
Stockholders' Equity
SFNC
SFNC
SPWH
SPWH
Q4 25
$3.4B
$209.5M
Q3 25
$3.4B
$208.9M
Q2 25
$3.5B
$215.1M
Q1 25
$3.5B
$235.7M
Q4 24
$3.5B
$243.6M
Q3 24
$3.5B
$243.0M
Q2 24
$3.5B
$247.5M
Q1 24
$3.4B
$264.6M
Total Assets
SFNC
SFNC
SPWH
SPWH
Q4 25
$24.5B
$913.9M
Q3 25
$24.2B
$948.9M
Q2 25
$26.7B
$929.7M
Q1 25
$26.8B
$852.1M
Q4 24
$26.9B
$967.7M
Q3 24
$27.3B
$901.9M
Q2 24
$27.4B
$930.4M
Q1 24
$27.4B
$886.2M
Debt / Equity
SFNC
SFNC
SPWH
SPWH
Q4 25
0.18×
0.21×
Q3 25
0.20×
0.21×
Q2 25
0.28×
0.11×
Q1 25
0.35×
0.10×
Q4 24
0.32×
0.10×
Q3 24
0.40×
0.10×
Q2 24
0.50×
Q1 24
0.36×

Cash Flow & Capital Efficiency

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

Metric
SFNC
SFNC
SPWH
SPWH
Operating Cash FlowLast quarter
$449.5M
$16.3M
Free Cash FlowOCF − Capex
$411.4M
$8.7M
FCF MarginFCF / Revenue
208.5%
2.6%
Capex IntensityCapex / Revenue
19.3%
2.3%
Cash ConversionOCF / Net Profit
2038.00×
TTM Free Cash FlowTrailing 4 quarters
$717.0M
$-39.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SFNC
SFNC
SPWH
SPWH
Q4 25
$449.5M
$16.3M
Q3 25
$223.4M
$-26.6M
Q2 25
$77.6M
$-60.2M
Q1 25
$32.8M
$52.8M
Q4 24
$425.9M
$-2.5M
Q3 24
$199.4M
$18.5M
Q2 24
$86.1M
$-34.6M
Q1 24
$57.6M
$68.9M
Free Cash Flow
SFNC
SFNC
SPWH
SPWH
Q4 25
$411.4M
$8.7M
Q3 25
$216.7M
$-33.9M
Q2 25
$66.3M
$-64.0M
Q1 25
$22.6M
$49.6M
Q4 24
$380.4M
$-6.2M
Q3 24
$187.7M
$14.1M
Q2 24
$72.7M
$-38.0M
Q1 24
$47.7M
$60.2M
FCF Margin
SFNC
SFNC
SPWH
SPWH
Q4 25
208.5%
2.6%
Q3 25
116.1%
-11.5%
Q2 25
31.0%
-25.7%
Q1 25
10.8%
14.6%
Q4 24
182.5%
-1.9%
Q3 24
107.4%
4.9%
Q2 24
36.9%
-15.5%
Q1 24
24.5%
16.2%
Capex Intensity
SFNC
SFNC
SPWH
SPWH
Q4 25
19.3%
2.3%
Q3 25
3.6%
2.5%
Q2 25
5.3%
1.5%
Q1 25
4.8%
1.0%
Q4 24
21.8%
1.1%
Q3 24
6.7%
1.5%
Q2 24
6.8%
1.4%
Q1 24
5.0%
2.4%
Cash Conversion
SFNC
SFNC
SPWH
SPWH
Q4 25
2038.00×
Q3 25
Q2 25
1.42×
Q1 25
1.01×
Q4 24
Q3 24
8.06×
Q2 24
2.11×
Q1 24
1.48×

Financial Flow Comparison

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

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