Sportsman's Warehouse Holdings, Inc. (SPWH)

SPWH Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 1, 2025	Feb 1, 2025	Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021
Revenue	1,215	1,198	1,288	1,400	1,506	1,452
Revenue Growth (YoY)	-1.05%	-7.02%	-7.97%	-7.07%	3.74%	63.78%
Cost of Revenue	832.84	827.17	904.57	939.28	1,016	975.31
Gross Profit	381.89	370.47	383.41	460.24	490.3	476.45
Selling, General & Admin	391.15	384.96	402.08	400.85	389.95	342.43
Operating Expenses	391.74	384.96	402.08	400.85	389.95	342.43
Operating Income	-9.86	-14.5	-18.67	59.39	100.35	134.02
Interest Expense	-13.59	-12.28	-12.87	-4.2	-1.38	-3.51
Other Non Operating Income (Expenses)	-0.23	-0.61	-	-	-	-
EBT Excluding Unusual Items	-23.68	-27.39	-31.54	55.2	98.97	130.52
Merger & Restructuring Charges	-	-	-1.22	-	-9.73	-3.71
Asset Writedown	-	-	-	-	-	-1.04
Legal Settlements	-3	-1.75	-0.69	-	-	-
Other Unusual Items	-2.11	-1.99	-4.76	-1.33	55	-4.31
Pretax Income	-28.79	-31.13	-38.21	53.87	144.24	121.46
Income Tax Expense	8.27	1.93	-9.21	13.35	35.77	30.08
Net Income	-37.05	-33.06	-29	40.52	108.47	91.38
Net Income to Common	-37.05	-33.06	-29	40.52	108.47	91.38
Net Income Growth	-	-	-	-62.65%	18.70%	352.04%
Shares Outstanding (Basic)	38	38	37	40	44	44
Shares Outstanding (Diluted)	38	38	37	41	45	44
Shares Change (YoY)	1.58%	0.85%	-7.93%	-8.58%	0.25%	1.93%
EPS (Basic)	-0.97	-0.87	-0.77	1.00	2.47	2.10
EPS (Diluted)	-0.97	-0.87	-0.77	1.00	2.44	2.06
EPS Growth	-	-	-	-59.02%	18.45%	347.83%
Free Cash Flow	-39.67	19.59	-27.63	-16.72	-75.08	219.06
Free Cash Flow Per Share	-1.04	0.52	-0.74	-0.41	-1.69	4.93
Gross Margin	31.44%	30.93%	29.77%	32.89%	32.55%	32.82%
Operating Margin	-0.81%	-1.21%	-1.45%	4.24%	6.66%	9.23%
Profit Margin	-3.05%	-2.76%	-2.25%	2.90%	7.20%	6.29%
Free Cash Flow Margin	-3.27%	1.64%	-2.15%	-1.19%	-4.98%	15.09%
EBITDA	29.51	26	20.34	91.17	126.58	155.85
EBITDA Margin	2.43%	2.17%	1.58%	6.51%	8.40%	10.73%
D&A For EBITDA	39.36	40.5	39.01	31.78	26.23	21.83
EBIT	-9.86	-14.5	-18.67	59.39	100.35	134.02
EBIT Margin	-0.81%	-1.21%	-1.45%	4.24%	6.66%	9.23%
Effective Tax Rate	-	-	-	24.78%	24.80%	24.77%
Advertising Expenses	-	17.43	20.88	23.82	20.54	15.66

Updated Nov 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q