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

Sportsman'S Warehouse Holdings' Operating Margin history runs 14 years deep, the most recent figure standing at 5.61% for Q1 2026.

• On a quarterly basis, Operating Margin fell 667.0% year-over-year to 5.61% in Q1 2026; TTM through Jan 2026 was 3.09%, a 157.0% decrease from a year earlier, with the FY2026 full-year figure at 3.09%, down 157.0% from the prior year.
• Operating Margin slipped to 5.61% in Q1 2026 per SPWH's latest filing, from 1.29% in the prior quarter.
• Across five years, Operating Margin topped out at 5.84% in Q3 2022 and bottomed at 8.45% in Q2 2024.
• The 5-year median for Operating Margin is 0.9% (2023), against an average of 0.49%.
• Across the five-year window, Operating Margin plunged 806 bps in 2023 and surged 320 bps in 2025, its largest moves.
• Year by year, Operating Margin stood at 5.14% in 2022, then slumped by 82 bps to 0.9% in 2023, then gained by 6 bps to 0.96% in 2024, then surged by 34 bps to 1.29% in 2025, then tumbled by 536 bps to 5.61% in 2026.
• Per Business Quant, the three latest SPWH Operating Margin figures stand at 5.61% (Q1 2026), 1.29% (Q4 2025), and 1.09% (Q3 2025).