Sportsman's Warehouse Holdings, Inc. (SPWH) Financial Statements
Industry: Miscellaneous Shopping Goods Stores (Retail)
In fiscal 2026, Sportsman's Warehouse reported revenue of $1.21B, up 1.0% from $1.20B the year before. Net income was -$50.1M (a -4.1% net margin), or -$1.30 per diluted share. Gross margin was 30.9% and operating margin was -3.1%. Operating activities generated $31.3M of cash, leaving $8.9M of free cash flow. At fiscal year end, Sportsman's Warehouse held $762.6M in total assets against $574.0M in total liabilities, including $1.7M of cash and equivalents.
Open the full interactive Sportsman's Warehouse financials → Quarterly statements, key ratios, valuation history and price charts.
Sportsman's Warehouse Key Stats
| Share Price | $1.11 |
|---|---|
| Market Cap | $43.0M |
| Revenue YoY Growth | +1.0% |
| 52-Week Range | $1.10 – $2.98 |
| Shares Outstanding | 38.8 million (basic, 2027 Q1) |
Sportsman's Warehouse Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $1.45B | $1.51B | $1.40B | $1.29B | $1.20B | $1.21B |
| Gross Profit | $476.5M | $490.3M | $460.2M | $383.4M | $370.5M | $373.5M |
| Operating Income | $122.7M | $90.6M | $58.1M | -$25.3M | -$18.2M | -$37.4M |
| Pre-Tax Income | $121.5M | $144.2M | $53.9M | -$38.2M | -$31.1M | -$51.1M |
| Income Tax | $30.1M | $35.8M | $13.3M | -$9.2M | $1.9M | -$1.1M |
| Net Income | $91.4M | $108.5M | $40.5M | -$29.0M | -$33.1M | -$50.1M |
| Diluted EPS | $2.06 | $2.44 | $1.00 | -$0.77 | -$0.87 | -$1.30 |
Sportsman's Warehouse Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $328.2M | $249.1M | $295.6M | $256.1M |
| Net Income | -$7.9M | -$21.3M | -$4.4M | -$21.8M |
| Diluted EPS | -$0.21 | -$0.56 | -$0.11 | -$0.56 |
Sportsman's Warehouse Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $65.5M | $57.0M | $2.4M | $3.1M | $2.8M | $1.7M |
| Current Assets | $324.7M | $467.5M | $425.9M | $380.0M | $366.0M | $337.7M |
| Total Assets | $660.8M | $840.6M | $859.0M | $886.2M | $852.1M | $762.6M |
| Current Liabilities | $227.4M | $284.4M | $295.8M | $314.6M | $284.0M | $249.0M |
| Total Long-Term Debt | — | — | — | — | $24.1M | $44.2M |
| Total Liabilities | $456.2M | $526.4M | $565.8M | $621.6M | $616.4M | $574.0M |
| Shareholders' Equity | $204.7M | $314.2M | $293.1M | $264.6M | $235.7M | $188.6M |
Sportsman's Warehouse Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $238.8M | -$21.6M | $46.8M | $52.3M | $34.1M | $31.3M |
| Cash From Investing | -$26.2M | -$53.5M | -$60.6M | -$79.9M | -$14.5M | -$22.4M |
| Cash From Financing | -$148.7M | $66.6M | -$40.8M | $28.4M | -$20.0M | -$10.1M |
| Free Cash Flow | $219.1M | -$75.1M | -$16.7M | -$27.6M | $19.6M | $8.9M |
Figures from Sportsman's Warehouse's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Sportsman's Warehouse financials page for every line item.
Sportsman's Warehouse Company Profile
| Ticker | SPWH |
|---|---|
| Exchange | Nasdaq |
| Industry | Miscellaneous Shopping Goods Stores (Retail) |
| Headquarters | West Jordan, Utah |
| Incorporated in | Delaware |
| Fiscal Year End | February 1 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001132105 |
Frequently Asked Questions
What was Sportsman's Warehouse's revenue in fiscal 2026?
Sportsman's Warehouse (SPWH) reported revenue of $1.21B for fiscal 2026.
What is Sportsman's Warehouse's annual revenue history?
Sportsman's Warehouse's annual revenue by fiscal year: 2020: $1.45B; 2021: $1.51B; 2022: $1.40B; 2023: $1.29B; 2025: $1.20B; 2026: $1.21B.
What was Sportsman's Warehouse's net income in fiscal 2026?
Sportsman's Warehouse reported net income of -$50.1M for fiscal 2026.
What was Sportsman's Warehouse's earnings per share (EPS) in fiscal 2026?
Sportsman's Warehouse's diluted EPS was -$1.30 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Sportsman's Warehouse generate in fiscal 2026?
Sportsman's Warehouse generated $8.9M of free cash flow in fiscal 2026.
What was Sportsman's Warehouse's revenue last quarter?
In its most recent reported quarter (2027 Q1), Sportsman's Warehouse reported revenue of $256.1M.
How much debt does Sportsman's Warehouse have?
Sportsman's Warehouse reported $44.2M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Sportsman's Warehouse are outstanding?
Sportsman's Warehouse reported a weighted average of 38.8 million basic shares outstanding in 2027 Q1.
What is Sportsman's Warehouse's market cap?
Based on its latest closing price, Sportsman's Warehouse (SPWH) has a market capitalization of about $43.0M.
When does Sportsman's Warehouse's fiscal year end?
Sportsman's Warehouse's fiscal year end, as registered with the SEC, is February 1.
Where is Sportsman's Warehouse headquartered?
Sportsman's Warehouse lists its business address in West Jordan, Utah in its SEC filings.
Sportsman's Warehouse Competitors & Similar Companies
See all 5 Miscellaneous Shopping Goods Stores (Retail) companies →