Growth Metrics

Sportsman'S Warehouse Holdings (SPWH) Gross Margin (2016 - 2026)

Sportsman'S Warehouse Holdings has reported Gross Margin over the past 14 years, most recently at 28.43% for Q1 2026.

  • Quarterly results put Gross Margin at 28.43% for Q1 2026, down 199.0% from a year ago — trailing twelve months through Jan 2026 was 30.89% (down 4.0% YoY), and the annual figure for FY2026 was 30.89%, down 4.0%.
  • Gross Margin for Q1 2026 was 28.43% at Sportsman'S Warehouse Holdings, down from 32.81% in the prior quarter.
  • Over the last five years, Gross Margin for SPWH hit a ceiling of 33.59% in Q4 2022 and a floor of 26.83% in Q1 2024.
  • Median Gross Margin over the past 5 years was 31.79% (2024), compared with a mean of 31.24%.
  • Biggest five-year swings in Gross Margin: crashed -555bps in 2024 and later skyrocketed 360bps in 2025.
  • Sportsman'S Warehouse Holdings' Gross Margin stood at 33.59% in 2022, then decreased by -10bps to 30.3% in 2023, then rose by 5bps to 31.79% in 2024, then increased by 3bps to 32.81% in 2025, then dropped by -13bps to 28.43% in 2026.
  • The last three reported values for Gross Margin were 28.43% (Q1 2026), 32.81% (Q4 2025), and 31.97% (Q3 2025) per Business Quant data.