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Side-by-side financial comparison of SPORTSMAN'S WAREHOUSE HOLDINGS, INC. (SPWH) and WSFS FINANCIAL CORP (WSFS). 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 $275.3M, roughly 1.2× WSFS FINANCIAL CORP). WSFS FINANCIAL CORP runs the higher net margin — 31.5% vs 0.0%, a 31.5% gap on every dollar of revenue. On growth, WSFS FINANCIAL CORP posted the faster year-over-year revenue change (7.5% vs 2.2%). Over the past eight quarters, WSFS FINANCIAL CORP's revenue compounded faster (1.7% CAGR vs -5.4%).

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.

WSFS Financial Corporation is a financial services company. Its primary subsidiary, WSFS Bank, a federal savings bank, is the largest and longest-standing locally managed bank and wealth management franchise headquartered in Delaware and the Greater Delaware Valley. WSFS operates from 115 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Virginia (1), and Nevada (1) and provides comprehensive financial services including comme...

SPWH vs WSFS — Head-to-Head

Bigger by revenue
SPWH
SPWH
1.2× larger
SPWH
$331.3M
$275.3M
WSFS
Growing faster (revenue YoY)
WSFS
WSFS
+5.3% gap
WSFS
7.5%
2.2%
SPWH
Higher net margin
WSFS
WSFS
31.5% more per $
WSFS
31.5%
0.0%
SPWH
Faster 2-yr revenue CAGR
WSFS
WSFS
Annualised
WSFS
1.7%
-5.4%
SPWH

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
SPWH
SPWH
WSFS
WSFS
Revenue
$331.3M
$275.3M
Net Profit
$8.0K
$86.8M
Gross Margin
32.8%
Operating Margin
1.3%
Net Margin
0.0%
31.5%
Revenue YoY
2.2%
7.5%
Net Profit YoY
-97.8%
31.7%
EPS (diluted)
$0.00
$1.64

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
SPWH
SPWH
WSFS
WSFS
Q1 26
$275.3M
Q4 25
$331.3M
$271.9M
Q3 25
$293.9M
$270.5M
Q2 25
$249.1M
$267.5M
Q1 25
$340.4M
$256.1M
Q4 24
$324.3M
$261.5M
Q3 24
$288.7M
$267.7M
Q2 24
$244.2M
$266.0M
Net Profit
SPWH
SPWH
WSFS
WSFS
Q1 26
$86.8M
Q4 25
$8.0K
$72.7M
Q3 25
$-7.1M
$76.4M
Q2 25
$-21.3M
$72.3M
Q1 25
$-8.7M
$65.9M
Q4 24
$-364.0K
$64.2M
Q3 24
$-5.9M
$64.4M
Q2 24
$-18.1M
$69.3M
Gross Margin
SPWH
SPWH
WSFS
WSFS
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
SPWH
SPWH
WSFS
WSFS
Q1 26
Q4 25
1.3%
35.8%
Q3 25
-1.1%
37.3%
Q2 25
-7.9%
35.7%
Q1 25
1.1%
34.0%
Q4 24
1.0%
32.3%
Q3 24
-1.5%
31.9%
Q2 24
-8.4%
34.0%
Net Margin
SPWH
SPWH
WSFS
WSFS
Q1 26
31.5%
Q4 25
0.0%
26.7%
Q3 25
-2.4%
28.3%
Q2 25
-8.5%
27.0%
Q1 25
-2.6%
25.7%
Q4 24
-0.1%
24.6%
Q3 24
-2.0%
24.1%
Q2 24
-7.4%
26.0%
EPS (diluted)
SPWH
SPWH
WSFS
WSFS
Q1 26
$1.64
Q4 25
$0.00
$1.33
Q3 25
$-0.18
$1.37
Q2 25
$-0.56
$1.27
Q1 25
$-0.22
$1.12
Q4 24
$-0.01
$1.08
Q3 24
$-0.16
$1.08
Q2 24
$-0.48
$1.16

Balance Sheet & Financial Strength

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

Metric
SPWH
SPWH
WSFS
WSFS
Cash + ST InvestmentsLiquidity on hand
$2.2M
Total DebtLower is stronger
$44.0M
Stockholders' EquityBook value
$209.5M
$2.7B
Total Assets
$913.9M
$22.1B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPWH
SPWH
WSFS
WSFS
Q1 26
Q4 25
$2.2M
$1.7B
Q3 25
$1.8M
Q2 25
$3.6M
Q1 25
$2.8M
Q4 24
$2.7M
$1.2B
Q3 24
$2.6M
Q2 24
$2.2M
Total Debt
SPWH
SPWH
WSFS
WSFS
Q1 26
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
SPWH
SPWH
WSFS
WSFS
Q1 26
$2.7B
Q4 25
$209.5M
$2.7B
Q3 25
$208.9M
$2.8B
Q2 25
$215.1M
$2.7B
Q1 25
$235.7M
$2.7B
Q4 24
$243.6M
$2.6B
Q3 24
$243.0M
$2.7B
Q2 24
$247.5M
$2.5B
Total Assets
SPWH
SPWH
WSFS
WSFS
Q1 26
$22.1B
Q4 25
$913.9M
$21.3B
Q3 25
$948.9M
$20.8B
Q2 25
$929.7M
$20.8B
Q1 25
$852.1M
$20.5B
Q4 24
$967.7M
$20.8B
Q3 24
$901.9M
$20.9B
Q2 24
$930.4M
$20.7B
Debt / Equity
SPWH
SPWH
WSFS
WSFS
Q1 26
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
SPWH
SPWH
WSFS
WSFS
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
SPWH
SPWH
WSFS
WSFS
Q1 26
Q4 25
$16.3M
$220.0M
Q3 25
$-26.6M
$121.5M
Q2 25
$-60.2M
$37.2M
Q1 25
$52.8M
$8.7M
Q4 24
$-2.5M
$219.9M
Q3 24
$18.5M
$3.1M
Q2 24
$-34.6M
$44.8M
Free Cash Flow
SPWH
SPWH
WSFS
WSFS
Q1 26
Q4 25
$8.7M
$213.6M
Q3 25
$-33.9M
$120.3M
Q2 25
$-64.0M
$35.2M
Q1 25
$49.6M
$6.3M
Q4 24
$-6.2M
$205.6M
Q3 24
$14.1M
$-489.0K
Q2 24
$-38.0M
$42.1M
FCF Margin
SPWH
SPWH
WSFS
WSFS
Q1 26
Q4 25
2.6%
78.6%
Q3 25
-11.5%
44.5%
Q2 25
-25.7%
13.2%
Q1 25
14.6%
2.5%
Q4 24
-1.9%
78.6%
Q3 24
4.9%
-0.2%
Q2 24
-15.5%
15.8%
Capex Intensity
SPWH
SPWH
WSFS
WSFS
Q1 26
Q4 25
2.3%
2.3%
Q3 25
2.5%
0.5%
Q2 25
1.5%
0.7%
Q1 25
1.0%
0.9%
Q4 24
1.1%
5.5%
Q3 24
1.5%
1.4%
Q2 24
1.4%
1.0%
Cash Conversion
SPWH
SPWH
WSFS
WSFS
Q1 26
Q4 25
2038.00×
3.03×
Q3 25
1.59×
Q2 25
0.51×
Q1 25
0.13×
Q4 24
3.43×
Q3 24
0.05×
Q2 24
0.65×

Financial Flow Comparison

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

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