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

Sportsman'S Warehouse Holdings' Gross Margin history runs 14 years deep, the most recent figure standing at 28.43% for Q1 2026.

• On a quarterly basis, Gross Margin fell 199.0% year-over-year to 28.43% in Q1 2026; TTM through Jan 2026 was 30.89%, a 4.0% decrease from a year earlier, with the FY2026 full-year figure at 30.89%, down 4.0% from the prior year.
• Gross Margin eased to 28.43% in Q1 2026 per SPWH's latest filing, from 32.81% in the prior quarter.
• Across five years, Gross Margin topped out at 33.59% in Q4 2022 and bottomed at 26.83% in Q1 2024.
• The 5-year median for Gross Margin is 31.79% (2024), against an average of 31.24%.
• Across the five-year window, Gross Margin tumbled 555 bps in 2024 and jumped 360 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 33.59% in 2022, then dropped by 10 bps to 30.3% in 2023, then advanced by 5 bps to 31.79% in 2024, then gained by 3 bps to 32.81% in 2025, then fell by 13 bps to 28.43% in 2026.
• Per Business Quant, the three latest SPWH Gross Margin figures stand at 28.43% (Q1 2026), 32.81% (Q4 2025), and 31.97% (Q3 2025).