Sportsman'S Warehouse Holdings (SPWH) Net Margin (2013 - 2026)
Sportsman'S Warehouse Holdings' Net Margin was -1.50% in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 0.91 percentage points from -2.41% a year earlier and up 7.03 percentage points from the prior quarter.
Sportsman'S Warehouse Holdings (SPWH) Net Margin (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sportsman'S Warehouse Holdings' Net Margin was -3.94% through Aug 1, 2026, down 0.84 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was -4.14%, down 1.38 percentage points from FY2025.
- Net Margin has now declined for four consecutive fiscal years, with a five-year change of -10.43 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Net Margin was -2.76% in FY2025 (-0.51 pp), -2.25% in FY2024 (-5.15 pp), 2.90% in FY2023 (-4.31 pp) and 7.20% in FY2022 (+0.91 pp).
- Quarterly Net Margin has moved between -8.53% (fiscal Q1 2026) and 14.04% (fiscal Q4 2022) over five years.
- Compared with a year earlier, Net Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.54 percentage points.
- The best year-over-year quarter for Net Margin over five years was fiscal Q4 2022 (a gain of 7.29 percentage points); the worst was fiscal Q4 2023 (a drop of 11.13 percentage points).
- Per Business Quant data, SPWH's Net Margin in the three fiscal quarters before Q2 2027 was -8.53% (Q1 2027), -6.49% (Q4 2026) and 0.00% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 31.23% |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 9.96% |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 10.01% |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | 9.24% |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 13.59% |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 7.07% |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | 14.62% |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 4.20% |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | 13.25% |
| 10 | Sportsman'S Warehouse Holdings | 45.38 Mn | 37.44 Mn | 96.01 Mn | -1.50% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | -1.50% |
| May 2, 2026 | -8.53% |
| Jan 31, 2026 | -6.49% |
| 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 | -2.36% |
| Oct 28, 2023 | -0.39% |
| Jul 29, 2023 | -1.06% |
| Apr 29, 2023 | -5.85% |
| Jan 28, 2023 | 2.91% |
| 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% |
Sportsman'S Warehouse Holdings Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SPWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SPWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SPWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();