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

Sportsman'S Warehouse Holdings (SPWH) recorded quarterly Net Margin of 6.49% in Q1 2026, down 268883.07% quarter-over-quarter from 0.0% in Q4 2025, and down 393.0% on a YoY basis from 2.21% in Q1 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 6.49% for Q1 2026.

  • In Q1 2026, Net Margin fell 393.0% year-over-year to 6.49%; the TTM figure through Jan 2026 stood at 4.14% (down 138.0% YoY), while the FY2026 annual figure was 4.14%, down 138.0% from the prior year.
  • Net Margin was 6.49% for Q1 2026 at Sportsman'S Warehouse Holdings, down from 0.0% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 15.32% in Q1 2022 to a low of 8.53% in Q2 2025.
  • Historically, Net Margin has averaged 0.68% across 5 years, with a median of 1.06% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Net Margin soared 857 bps in 2022, then slumped 1142 bps in 2023.
  • A 5-year view of Net Margin shows it stood at 3.58% in 2022, then sank 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 plunged by 268883 bps to 6.49% in 2026.
  • The last three Net Margin figures came in at 6.49% (Q1 2026), 0.0% (Q4 2025), and 2.41% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 3.32%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 15.61%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 9.19%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 2.06%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 4.58%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 3.09%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 13.78%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 2.83%
10 Sportsman'S Warehouse Holdings 49.90 Mn 48.24 Mn 95.21 Mn -6.49%

Historic Data

Download Data
DateValue
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 3.90%
Oct 29, 2022 3.58%
Jul 30, 2022 4.16%
Apr 30, 2022 0.65%
Jan 29, 2022 15.32%
Oct 30, 2021 5.45%
Jul 31, 2021 4.90%
May 1, 2021 3.20%