Sportsman'S Warehouse Holdings (SPWH) Gross Margin (2013 - 2026)

Sportsman'S Warehouse Holdings (SPWH) has reported Gross Margin for 14 consecutive years, with 28.43% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin fell 199.0% year-over-year to 28.43%; the TTM figure through Jan 2026 stood at 30.89% (down 4.0% YoY), while the FY2026 annual figure was 30.89%, down 4.0% from the prior year.
• Gross Margin came in at 28.43% for Q1 2026 at Sportsman'S Warehouse Holdings, down from 32.81% in the prior quarter.
• The five-year high for Gross Margin was 33.59% in Q4 2022, with the low at 26.83% in Q1 2024.
• Average Gross Margin over 5 years is 31.24%, with a median of 31.79% recorded in 2024.
• Across the five-year window, Gross Margin plunged 555 bps in 2024 and surged 360 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 33.59% in 2022, then retreated by 10 bps to 30.3% in 2023, then increased by 5 bps to 31.79% in 2024, then grew by 3 bps to 32.81% in 2025, then slipped by 13 bps to 28.43% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 28.43%, 32.81%, and 31.97% for Q1 2026, Q4 2025, and Q3 2025 respectively.