Sportsman's Warehouse Holdings, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-50.1M | $-33.1M | $-29.0M | $40.5M | $108.5M | $4.7M | $20.2M | $23.8M |
| Depreciation & Amortization | $39.1M | $40.5M | $39.0M | $31.8M | — | — | — | — |
| Depreciation | $39.0M | $40.4M | $38.9M | $31.7M | $26.2M | $21.8M | $19.3M | $18.0M |
| Amortization | $56.0K | $60.0K | $62.0K | $66.0K | $26.0K | $28.0K | $26.0K | $289.0K |
| Stock-Based Compensation | $3.1M | $4.2M | $4.2M | $4.7M | $3.3M | $3.3M | $2.1M | $2.8M |
| Net Cash from Operating Activities | $31.3M | $34.1M | $52.3M | $46.8M | $-21.6M | $238.8M | $77.9M | $32.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $22.4M | $14.6M | $79.9M | $63.5M | $53.5M | $19.8M | $30.4M | $17.9M |
| Business Acquisitions | — | — | — | — | — | $6.5M | $28.5M | — |
| Net Cash from Investing Activities | $-22.4M | $-14.5M | $-79.9M | $-60.6M | $-53.5M | $-26.2M | $-49.1M | $-16.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-10.1M | $-20.0M | $28.4M | $-40.8M | $66.6M | $-148.7M | $-28.7M | $-16.1M |
| Net Change in Cash | $-1.2M | $-309.0K | $752.0K | $-54.6M | $-8.5M | $63.8M | $138.0K | $-222.0K |
| Free Cash Flow | $8.9M | $19.6M | $-27.6M | $-16.7M | $-75.1M | $219.1M | $47.5M | $14.2M |