Sportsman'S Warehouse Holdings (SPWH) Change in Inventory (2013 - 2026)

Sportsman'S Warehouse Holdings' (SPWH) quarterly Change in Inventory came in at -$111.1 million in Q1 2026, down 15.53% year-on-year from -$131.5 million in Q1 2025, and down 468.89% quarter-over-quarter from -$19.5 million in Q4 2025.

Sportsman'S Warehouse Holdings (SPWH) Change in Inventory (2013 - 2026) Analysis & Trends

Sportsman'S Warehouse Holdings' Change in Inventory history runs 14 years deep, the most recent figure standing at -$111.1 million for Q1 2026.

  • On a quarterly basis, Change in Inventory fell 15.53% year-over-year to -$111.1 million in Q1 2026; TTM through Jan 2026 was -$29.1 million, a 128.2% decrease from a year earlier, with the FY2026 full-year figure at -$29.1 million, down 128.2% from the prior year.
  • Change in Inventory retreated to -$111.1 million in Q1 2026 per SPWH's latest filing, from -$19.5 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $74.7 million in Q4 2024 and bottomed at -$111.1 million in Q1 2026.
  • The 5-year median for Change in Inventory is -$10.8 million (2023), against an average of -$6.8 million.
  • Across the five-year window, Change in Inventory slumped 1406.04% in 2023 and surged 789.38% in 2024, its largest moves.
  • Year by year, Change in Inventory stood at $47.8 million in 2022, then slumped by 122.68% to -$10.8 million in 2023, then jumped by 789.38% to $74.7 million in 2024, then plunged by 126.15% to -$19.5 million in 2025, then plunged by 468.89% to -$111.1 million in 2026.
  • Per Business Quant, the three latest SPWH Change in Inventory figures stand at -$111.1 million (Q1 2026), -$19.5 million (Q4 2025), and $31.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Caseys General Stores 32.31 Bn 31.79 Bn 1.08 Bn 115.02 Mn
2 NaaS Technology 31.73 Bn 31.73 Bn - -
3 Williams Sonoma 28.06 Bn 27.04 Bn 1.10 Bn -70.19 Mn
4 Ulta Beauty 22.96 Bn 22.46 Bn 1.48 Bn -566.88 Mn
5 Best Buy 18.17 Bn 16.42 Bn 2.10 Bn 367.00 Mn
6 Dick'S Sporting Goods 16.45 Bn 15.10 Bn 1.77 Bn -752.33 Mn
7 Tractor Supply 15.91 Bn 15.69 Bn 1.30 Bn 499.52 Mn
8 MINISO Group Holding 15.82 Bn 14.75 Bn 414.86 Mn -
9 Five Below 11.79 Bn 10.86 Bn 696.98 Mn -265.65 Mn
10 Sportsman'S Warehouse Holdings 43.76 Mn 42.10 Mn 95.21 Mn -111.11 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 -111.11 Mn
Jan 31, 2026 -111.11 Mn
Nov 1, 2025 -19.53 Mn
Nov 1, 2025 -19.53 Mn
Aug 2, 2025 31.23 Mn
Aug 2, 2025 31.23 Mn
May 3, 2025 70.31 Mn
May 3, 2025 70.31 Mn
Feb 1, 2025 -96.18 Mn
Feb 1, 2025 -96.18 Mn
Nov 2, 2024 74.70 Mn
Nov 2, 2024 74.70 Mn
Aug 3, 2024 -28.21 Mn
Aug 3, 2024 -28.21 Mn
May 4, 2024 36.93 Mn
May 4, 2024 36.93 Mn
Feb 3, 2024 -91.61 Mn
Feb 3, 2024 -91.61 Mn
Oct 28, 2023 -10.84 Mn
Oct 28, 2023 -10.84 Mn