SPORTSMAN’S WAREHOUSE HOLDINGS, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.21B | $1.20B | $1.29B | $1.40B | $1.51B | $34.6M | $886.4M | $849.1M |
| Cost of Revenue | $835.7M | $827.2M | $904.6M | $939.3M | $1.02B | $975.3M | $589.8M | $564.2M |
| Gross Profit | $373.5M | $370.5M | $383.4M | $460.2M | $490.3M | $476.5M | $296.6M | $284.9M |
| Gross Margin | 30.9% | 30.9% | 29.8% | 32.9% | 32.6% | 1,378.8% | 33.5% | 33.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $393.0M | $388.7M | $408.8M | $402.2M | $399.7M | $353.7M | $263.2M | $240.9M |
| Operating Income | $-37.4M | $-18.2M | $-25.3M | $58.1M | $90.6M | $122.7M | $33.5M | $44.0M |
| Operating Margin | -3.1% | -1.5% | -2.0% | 4.1% | 6.0% | 355.2% | 3.8% | 5.2% |
| Interest Expense | $13.7M | $12.3M | $12.9M | $4.2M | $1.4M | $3.5M | $8.0M | $13.2M |
| Pretax Income | $-51.1M | $-31.1M | $-38.2M | $53.9M | $144.2M | $121.5M | $25.5M | $30.8M |
| Income Tax Expense | $-1.1M | $1.9M | $-9.2M | $13.4M | $35.8M | $30.1M | $5.3M | $7.1M |
| Net Income | $-50.1M | $-33.1M | $-29.0M | $40.5M | $108.5M | $4.7M | $20.2M | $23.8M |
| Net Margin | -4.1% | -2.8% | -2.3% | 2.9% | 7.2% | 13.5% | 2.3% | 2.8% |
| EPS (Basic) | $-1.30 | $-0.87 | $-0.77 | $1.00 | $2.47 | $2.10 | $0.47 | $0.55 |
| EPS (Diluted) | $-1.30 | $-0.87 | $-0.77 | $1.00 | $2.44 | $2.06 | $0.46 | $0.55 |
| Shares Outstanding (Basic) | 38.4M | 37.8M | 37.5M | 40.5M | 43.8M | 43.5M | 43.2M | 42.9M |
| Shares Outstanding (Diluted) | 38.4M | 37.8M | 37.5M | 40.7M | 44.5M | 44.4M | 43.6M | 43.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |