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

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

  • In Q1 2026, Change in Inventory fell 15.53% year-over-year to -$111.1 million; the TTM figure through Jan 2026 stood at -$29.1 million (down 128.2% YoY), while the FY2026 annual figure was -$29.1 million, down 128.2% from the prior year.
  • Change in Inventory was -$111.1 million for Q1 2026 at Sportsman'S Warehouse Holdings, down from -$19.5 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $74.7 million in Q4 2024 to a low of -$111.1 million in Q1 2026.
  • Historically, Change in Inventory has averaged -$6.8 million across 5 years, with a median of -$10.8 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Change in Inventory slumped 1406.04% in 2023, then soared 789.38% in 2024.
  • A 5-year view of Change in Inventory shows it stood at $47.8 million in 2022, then plunged by 122.68% to -$10.8 million in 2023, then jumped by 789.38% to $74.7 million in 2024, then slumped by 126.15% to -$19.5 million in 2025, then slumped by 468.89% to -$111.1 million in 2026.
  • The last three Change in Inventory figures came in at -$111.1 million (Q1 2026), -$19.5 million (Q4 2025), and $31.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Inventory (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn -9.52 Mn
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn -70.19 Mn
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn -566.88 Mn
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn -752.33 Mn
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 499.52 Mn
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 367.00 Mn
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn -265.65 Mn
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn -
10 Sportsman'S Warehouse Holdings 49.90 Mn 48.24 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