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
DateValue
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%