Sportsman's Warehouse Holdings annual gross margin
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Sportsman's Warehouse Holdings Gross Margin Growth & History (SPWH)
Sportsman's Warehouse Holdings's gross margin was 30.89% for fiscal 2025.
View full Sportsman's Warehouse Holdings company overviewSportsman's Warehouse Holdings annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2026-01-31 | 30.89% | −0.04 pp |
| 2024 | 2025-02-01 | 30.93% | +1.16 pp |
| 2023 | 2024-02-03 | 29.77% | −3.12 pp |
| 2022 | 2023-01-28 | 32.89% | +0.33 pp |
| 2021 | 2022-01-29 | 32.55% | −1346.27 pp |
| 2020 | 2021-01-30 | 1,378.83% | +1345.36 pp |
| 2019 | 2020-02-01 | 33.46% | −0.09 pp |
| 2018 | 2019-02-02 | 33.56% | −0.27 pp |
| 2017 | 2018-02-03 | 33.82% | +0.07 pp |
| 2016 | 2017-01-28 | 33.75% | −0.00 pp |
| 2015 | 2016-01-30 | 33.75% | +0.12 pp |
| 2014 | 2015-01-31 | 33.63% | +1.41 pp |
| 2013 | 2014-02-01 | 32.22% | +1.36 pp |
| 2012 | 2013-02-02 | 30.86% | — |
Sportsman's Warehouse Holdings quarterly gross margin
Q1.13
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Q4.14
Q1.15
Q2.15
Q3.15
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Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
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Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q1.21
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Q4.21
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Q2.22
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-05-02 | 29.59% | −0.77 pp |
| Q4 2025 | 2026-01-31 | 28.43% | −1.99 pp |
| Q3 2025 | 2025-11-01 | 32.81% | +1.02 pp |
| Q2 2025 | 2025-08-02 | 31.97% | +0.79 pp |
| Q1 2025 | 2025-05-03 | 30.37% | +0.16 pp |
| Q4 2024 | 2025-02-01 | 30.43% | +3.60 pp |
| Q3 2024 | 2024-11-02 | 31.79% | +1.49 pp |
| Q2 2024 | 2024-08-03 | 31.18% | −1.40 pp |
| Q1 2024 | 2024-05-04 | 30.21% | +0.29 pp |
| Q4 2023 | 2024-02-03 | 26.83% | −5.55 pp |
| Q3 2023 | 2023-10-28 | 30.30% | −3.29 pp |
| Q2 2023 | 2023-07-29 | 32.57% | −0.91 pp |
| Q1 2023 | 2023-04-29 | 29.92% | −2.10 pp |
| Q4 2022 | 2023-01-28 | 32.37% | −0.43 pp |
| Q3 2022 | 2022-10-29 | 33.59% | +1.26 pp |
| Q2 2022 | 2022-07-30 | 33.48% | +0.30 pp |
| Q1 2022 | 2022-04-30 | 32.02% | +0.20 pp |
| Q4 2021 | 2022-01-29 | 32.81% | −1.04 pp |
| Q3 2021 | 2021-10-30 | 32.32% | −1.56 pp |
| Q2 2021 | 2021-07-31 | 33.18% | +2.89 pp |
| Q1 2021 | 2021-05-01 | 31.82% | −1.12 pp |
| Q3 2020 | 2020-10-31 | 33.85% | −0.88 pp |
| Q2 2020 | 2020-08-01 | 33.88% | −0.69 pp |
| Q1 2020 | 2020-05-02 | 30.29% | −0.84 pp |
| Q4 2019 | 2020-02-01 | 32.94% | +0.18 pp |
| Q3 2019 | 2019-11-02 | 34.73% | −0.04 pp |
| Q2 2019 | 2019-08-03 | 34.58% | −0.98 pp |
| Q1 2019 | 2019-05-04 | 31.13% | +0.27 pp |
| Q4 2018 | 2019-02-02 | 32.76% | −0.00 pp |
| Q3 2018 | 2018-11-03 | 34.77% | −0.51 pp |
| Q2 2018 | 2018-08-04 | 35.55% | −0.28 pp |
| Q1 2018 | 2018-05-05 | 30.86% | −0.13 pp |
| Q4 2017 | 2018-02-03 | 32.76% | −0.81 pp |
| Q3 2017 | 2017-10-28 | 35.29% | +1.09 pp |
| Q2 2017 | 2017-07-29 | 35.83% | +0.96 pp |
| Q1 2017 | 2017-04-29 | 30.99% | −0.99 pp |
| Q4 2016 | 2017-01-28 | 33.57% | −0.39 pp |
| Q3 2016 | 2016-10-29 | 34.20% | −0.45 pp |
| Q2 2016 | 2016-07-30 | 34.87% | +0.12 pp |
| Q1 2016 | 2016-04-30 | 31.97% | +0.96 pp |
| Q4 2015 | 2016-01-30 | 33.95% | −3.28 pp |
| Q3 2015 | 2015-10-31 | 34.65% | +1.42 pp |
| Q2 2015 | 2015-08-01 | 34.75% | +1.62 pp |
| Q1 2015 | 2015-05-02 | 31.01% | +0.71 pp |
| Q4 2014 | 2015-01-31 | 37.23% | +4.86 pp |
| Q3 2014 | 2014-11-01 | 33.23% | +1.68 pp |
| Q2 2014 | 2014-08-02 | 33.13% | −0.36 pp |
| Q1 2014 | 2014-05-03 | 30.30% | −1.14 pp |
| Q4 2013 | 2014-02-01 | 32.37% | — |
| Q3 2013 | 2013-11-02 | 31.55% | — |
| Q2 2013 | 2013-08-03 | 33.49% | — |
| Q1 2013 | 2013-05-04 | 31.45% | — |
Sportsman's Warehouse Holdings gross margin trends
Over the last five reported fiscal years, Sportsman's Warehouse Holdings's gross margin decreased from 1,378.83% to 30.89%, a change of −1347.94 percentage points. The latest reported quarter, Q1 2026, shows 29.59%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Sportsman's Warehouse Holdings filings at SEC.gov ↗