Sportsman'S Warehouse Holdings (SPWH) Net Margin (2013 - 2026)
Sportsman'S Warehouse Holdings' (SPWH) quarterly Net Margin came in at 7.06% in Q1 2026, down 450.0% year-on-year from 2.02% in Q1 2025, and down 292431.89% quarter-over-quarter from 0.0% in Q4 2025.
Sportsman'S Warehouse Holdings (SPWH) Net Margin (2013 - 2026) Analysis & Trends
Sportsman'S Warehouse Holdings' Net Margin history runs 14 years deep, the most recent figure standing at 7.06% for Q1 2026.
- On a quarterly basis, Net Margin fell 450.0% year-over-year to 7.06% in Q1 2026; TTM through Jan 2026 was 4.3%, a 154.0% decrease from a year earlier, with the FY2026 full-year figure at 4.3%, down 154.0% from the prior year.
- Net Margin declined to 7.06% in Q1 2026 per SPWH's latest filing, from 0.0% in the prior quarter.
- Across five years, Net Margin topped out at 14.04% in Q1 2022 and bottomed at 8.53% in Q2 2025.
- The 5-year median for Net Margin is 1.06% (2023), against an average of 0.95%.
- Across the five-year window, Net Margin jumped 729 bps in 2022 and sank 1014 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 3.58% in 2022, then tumbled by 111 bps to 0.39% in 2023, then jumped by 71 bps to 0.11% in 2024, then surged by 102 bps to 0.0% in 2025, then sank by 292432 bps to 7.06% in 2026.
- Per Business Quant, the three latest SPWH Net Margin figures stand at 7.06% (Q1 2026), 0.0% (Q4 2025), and 2.41% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.43 Bn | 31.91 Bn | 1.08 Bn | 3.56% |
| 2 | NaaS Technology | 31.54 Bn | 31.54 Bn | - | - |
| 3 | Williams Sonoma | 28.17 Bn | 27.15 Bn | 1.10 Bn | 15.61% |
| 4 | Ulta Beauty | 23.05 Bn | 22.56 Bn | 1.48 Bn | 9.15% |
| 5 | Best Buy | 18.23 Bn | 16.48 Bn | 2.10 Bn | 3.09% |
| 6 | Dick'S Sporting Goods | 16.52 Bn | 15.17 Bn | 1.77 Bn | 2.06% |
| 7 | MINISO Group Holding | 15.94 Bn | 14.87 Bn | 414.86 Mn | -2.26% |
| 8 | Tractor Supply | 15.92 Bn | 15.70 Bn | 1.30 Bn | 4.58% |
| 9 | Five Below | 12.14 Bn | 11.21 Bn | 696.98 Mn | 13.78% |
| 10 | Sportsman'S Warehouse Holdings | 44.14 Mn | 42.48 Mn | 95.21 Mn | -7.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -7.06% |
| Nov 1, 2025 | 0.00% |
| Aug 2, 2025 | -2.41% |
| May 3, 2025 | -8.53% |
| Feb 1, 2025 | -2.56% |
| Nov 2, 2024 | -0.11% |
| Aug 3, 2024 | -2.05% |
| May 4, 2024 | -7.40% |
| Feb 3, 2024 | -5.07% |
| Oct 28, 2023 | -0.39% |
| Jul 29, 2023 | -1.06% |
| Apr 29, 2023 | -5.85% |
| Jan 28, 2023 | 3.90% |
| Oct 29, 2022 | 3.58% |
| Jul 30, 2022 | 4.16% |
| Apr 30, 2022 | 0.65% |
| Jan 29, 2022 | 14.04% |
| Oct 30, 2021 | 5.45% |
| Jul 31, 2021 | 4.90% |
| May 1, 2021 | 3.20% |