Sportsman's Warehouse Holdings annual operating margin
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Sportsman's Warehouse Holdings Operating Margin Growth & History (SPWH)
Sportsman's Warehouse Holdings's operating margin was −3.09% for fiscal 2025.
View full Sportsman's Warehouse Holdings company overviewSportsman's Warehouse Holdings annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2026-01-31 | −3.09% | −1.57 pp |
| 2024 | 2025-02-01 | −1.52% | +0.44 pp |
| 2023 | 2024-02-03 | −1.97% | −6.12 pp |
| 2022 | 2023-01-28 | 4.15% | −1.87 pp |
| 2021 | 2022-01-29 | 6.02% | −349.21 pp |
| 2020 | 2021-01-30 | 355.23% | +351.45 pp |
| 2019 | 2020-02-01 | 3.78% | −1.41 pp |
| 2018 | 2019-02-02 | 5.18% | −0.57 pp |
| 2017 | 2018-02-03 | 5.75% | −2.03 pp |
| 2016 | 2017-01-28 | 7.78% | −0.61 pp |
| 2015 | 2016-01-30 | 8.39% | +1.38 pp |
| 2014 | 2015-01-31 | 7.02% | −2.32 pp |
| 2013 | 2014-02-01 | 9.33% | −0.81 pp |
| 2012 | 2013-02-02 | 10.15% | — |
Sportsman's Warehouse Holdings quarterly operating margin
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
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
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
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Q1.23
Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-05-02 | −7.07% | +0.80 pp |
| Q4 2025 | 2026-01-31 | −5.61% | −6.67 pp |
| Q3 2025 | 2025-11-01 | 1.29% | +0.33 pp |
| Q2 2025 | 2025-08-02 | −1.09% | +0.40 pp |
| Q1 2025 | 2025-05-03 | −7.87% | +0.57 pp |
| Q4 2024 | 2025-02-01 | 1.06% | +3.20 pp |
| Q3 2024 | 2024-11-02 | 0.96% | +0.06 pp |
| Q2 2024 | 2024-08-03 | −1.50% | −1.01 pp |
| Q1 2024 | 2024-05-04 | −8.45% | −1.36 pp |
| Q4 2023 | 2024-02-03 | −2.14% | −6.37 pp |
| Q3 2023 | 2023-10-28 | 0.90% | −4.24 pp |
| Q2 2023 | 2023-07-29 | −0.49% | −6.33 pp |
| Q1 2023 | 2023-04-29 | −7.09% | −8.06 pp |
| Q4 2022 | 2023-01-28 | 4.23% | −1.33 pp |
| Q3 2022 | 2022-10-29 | 5.14% | −2.25 pp |
| Q2 2022 | 2022-07-30 | 5.84% | −0.84 pp |
| Q1 2022 | 2022-04-30 | 0.97% | −3.20 pp |
| Q4 2021 | 2022-01-29 | 5.56% | −4.37 pp |
| Q3 2021 | 2021-10-30 | 7.39% | −4.55 pp |
| Q2 2021 | 2021-07-31 | 6.68% | +6.87 pp |
| Q1 2021 | 2021-05-01 | 4.17% | −0.94 pp |
| Q3 2020 | 2020-10-31 | 9.94% | +3.39 pp |
| Q2 2020 | 2020-08-01 | 11.94% | +7.33 pp |
| Q1 2020 | 2020-05-02 | −0.18% | +2.90 pp |
| Q4 2019 | 2020-02-01 | 5.11% | −1.88 pp |
| Q3 2019 | 2019-11-02 | 6.55% | −1.30 pp |
| Q2 2019 | 2019-08-03 | 4.61% | −1.88 pp |
| Q1 2019 | 2019-05-04 | −3.08% | −1.05 pp |
| Q4 2018 | 2019-02-02 | 6.99% | +0.17 pp |
| Q3 2018 | 2018-11-03 | 7.85% | −1.10 pp |
| Q2 2018 | 2018-08-04 | 6.49% | −0.95 pp |
| Q1 2018 | 2018-05-05 | −2.03% | +0.37 pp |
| Q4 2017 | 2018-02-03 | 6.82% | −2.72 pp |
| Q3 2017 | 2017-10-28 | 8.95% | −0.51 pp |
| Q2 2017 | 2017-07-29 | 7.43% | −1.35 pp |
| Q1 2017 | 2017-04-29 | −2.40% | −3.95 pp |
| Q4 2016 | 2017-01-28 | 9.54% | −1.06 pp |
| Q3 2016 | 2016-10-29 | 9.46% | −0.52 pp |
| Q2 2016 | 2016-07-30 | 8.78% | −1.27 pp |
| Q1 2016 | 2016-04-30 | 1.55% | +0.66 pp |
| Q4 2015 | 2016-01-30 | 10.60% | +2.05 pp |
| Q3 2015 | 2015-10-31 | 9.98% | −0.23 pp |
| Q2 2015 | 2015-08-01 | 10.06% | +2.32 pp |
| Q1 2015 | 2015-05-02 | 0.90% | +1.06 pp |
| Q4 2014 | 2015-01-31 | 8.55% | −0.77 pp |
| Q3 2014 | 2014-11-01 | 10.20% | +0.50 pp |
| Q2 2014 | 2014-08-02 | 7.74% | −2.56 pp |
| Q1 2014 | 2014-05-03 | −0.17% | −7.94 pp |
| Q4 2013 | 2014-02-01 | 9.32% | — |
| Q3 2013 | 2013-11-02 | 9.70% | — |
| Q2 2013 | 2013-08-03 | 10.30% | — |
| Q1 2013 | 2013-05-04 | 7.78% | — |
Sportsman's Warehouse Holdings operating margin trends
Over the last five reported fiscal years, Sportsman's Warehouse Holdings's operating margin decreased from 355.23% to −3.09%, a change of −358.31 percentage points. The latest reported quarter, Q1 2026, shows −7.07%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗