NASDAQ$SPWH

Sportsman's Warehouse Holdings Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

SPWH Q2 2026 — $5.2M revenue

While we believe that our assumptions are reasonable, we caution that predicting the impact of known factors is very difficult, and we cannot anticipate all factors that could affect our actual result. Sportsman's Warehouse Holdings Inc reported Q2 2026 results. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $5.2M.
  • Operating income: $1.1.
  • Gross profit: $94K.

Headline financials

Total Revenue

$294M

No prior period
EPS (adj)

-$0.12

No prior period
Capital Expenditures

-$11.2M

No prior period
Free Cash Flow

-$18.3M

No prior period
Net Income

-$7.08M

No prior period
Operating Income

-$3.22M

No prior period
Gross Profit

$93.9M

No prior period

Revenue & EPS history

Sportsman's Warehouse · Revenue · Quarterly

$294M

Q2 2026
Beat estimate in 1 of 14 quarters(7%)
ActualEstimate

Forward guidance

The company raised its FY25 sales outlook to flat-to-3.5% growth and reaffirmed its adjusted EBITDA guidance of $33M to $45M, expecting debt and inventory levels to decline in the second half of the year.

Tailwinds

  • Full-year sales guidance raised to flat to 3.5% growth.
  • Adjusted EBITDA guidance reaffirmed at $33M–$45M.
  • Inventory expected to decline in H2 2025 after strategic build.
  • EBITDA improvement anticipated in back half of year.
  • New store opening scheduled for November in Arizona.

Headwinds

  • Net loss widened to $7.1M from $5.9M YoY.
  • SG&A expenses rose 3% due to reinvestments.
  • Interest expense increased by over half a million YoY.
  • Cash position declined to just $1.8M.
  • Operating margin remains negative at -1.1%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+4.8%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+4.1%

Avg return

30 days after

60%

29 / 48 earnings

Positive

+97.9%

Q4 2024

Best reaction

-31.0%

Q3 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+74.1%-7.8%+4.3%
Q3 2026-31.0%-33.9%-40.4%
Q2 2026+13.1%-3.0%-4.3%
Q1 2025+6.3%+11.8%-1.2%
Q4 2024+97.9%+69.9%+83.4%
Q3 2024+23.5%+12.6%-3.0%
Q2 2024+6.2%+13.8%+27.6%
Q1 2024-20.1%-26.3%-49.5%
Q4 2023+32.1%+28.6%+11.8%
Q3 2023-17.8%-16.0%-11.6%
Q2 2023-25.2%-25.2%-8.3%
Q1 2023-18.2%-13.5%+0.7%
Q4 2022-17.5%-24.7%-27.8%
Q3 2022+1.0%-4.3%+1.1%
Q2 2022+9.5%+13.2%+4.3%
Q1 2022-8.7%-8.0%+0.0%
Q4 2021-1.5%-6.3%-13.1%
Q3 2021-6.4%-10.0%-6.2%
Q2 2021+0.3%+0.2%-0.2%
Q1 2021+0.2%+0.1%-0.7%
Q4 2020+1.0%+1.3%+1.6%
Q3 2020-8.2%-9.3%+22.6%
Q2 2020-16.4%-23.0%-11.9%
Q4 2019+5.9%+9.4%+16.7%
Q3 2019+12.6%+11.3%+7.0%
Q2 2019+10.6%+14.4%+40.7%
Q1 2019-6.1%-5.1%-3.6%
Q4 2018-11.6%-9.6%-14.2%
Q3 2018-0.4%-4.0%-10.8%
Q2 2018+13.1%+6.1%+12.8%
Q1 2018+9.6%+12.1%+22.3%
Q4 2017+7.1%+4.7%+34.6%
Q3 2017+18.2%+16.2%+47.2%
Q2 2017+21.2%+14.0%+23.5%
Q1 2017+17.5%+11.8%+16.7%
Q4 2016-0.4%-5.6%-4.1%
Q3 2016+4.8%+11.6%+17.5%
Q2 2016+3.8%+5.7%-7.3%
Q1 2016-12.8%-12.1%-19.4%
Q4 2015-12.5%
Q3 2015+18.8%
Q2 2015+7.8%
Q1 2015+3.1%
Q4 2013+8.0%
Q4 2014+9.0%
Q3 2014-8.6%
Q2 2014+19.6%
Q1 2014-1.6%
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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