NYSE$CWH

Camping World Holdings Inc. · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Camping World reported Q2 2025 revenue of $1.98B, net income of $30.2M, diluted EPS of $0.48.

For Q2 2025, Camping World reported Revenue was $1.98B, net income was $30.2M, diluted EPS was $0.48. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $1.98B for Q2 2025.
  • Net income $30.2M.
  • Diluted EPS $0.48.

Headline financials

Total Revenue

$1.98B

Previous: $1.81B+9.4%
EPS (adj)

$0.48

Previous: $0.38+26.3%
New Vehicle Unit Sales

26.7K

Previous: 22.1K+20.9%
Used Vehicle Unit Sales

18.9K

Previous: 15.7K+20.4%
Combined Unit Sales

45.6K

Previous: 37.8K+20.7%
New Vehicle Avg Price

$34.3K

Previous: $38.4K-10.6%
Used Vehicle Avg Price

$30.3K

Previous: $30.6K-1.2%
SS New Unit Growth

22.2%

No prior period
SS Used Unit Growth

20.8%

No prior period
Total SS Unit Growth

21.6%

No prior period
New Vehicle Gross Margin

13.8%

Previous: 15.3%-9.8%
Used Vehicle Gross Margin

20.5%

Previous: 19.0%+7.9%
PSO Gross Margin

47.8%

Previous: 43.7%+9.4%
Total Gross Margin

30.0%

Previous: 30.3%-1.0%
Total Store Locations

201

Previous: 215-6.5%
Active Customers

4.2M

Previous: 4.8M-11.4%
Good Sam Club Members

1.7M

Previous: 1.9M-11.6%
Service Bays

2.8K

Previous: 2.9K-2.4%
F&I % of Vehicle Revenue

13.5%

No prior period
Total SS Revenue Growth

10.1%

No prior period
Net Income

$30.2M

Previous: $9.77M+209.2%
Operating Income

$130M

Previous: $95.4M+36.6%
Gross Profit

$592M

Previous: $548M+8.1%

Revenue & EPS history

Camping World · Revenue · Quarterly

$1.98B

Q2 2025+9.4%vs Q2 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Camping World · $1.73B total across 6 segments · Q3 2023

  • New Vehicles
    $679M
  • Used Vehicles
    $590M
  • Products, Service and Other
    $236M
  • Finance and Insurance, net
    $164M
  • Good Sam Services and Plans
    $49.9M
  • Good Sam Club
    $11.1M

Forward guidance

Consumer-facing operators emphasize traffic, pricing, and transaction or booking volumes.

Tailwinds

  • Brand reinvestment and loyalty program engagement.
  • International expansion and new unit growth.

Headwinds

  • Macro pressure on discretionary spending.
  • Labor, marketing, and competitive pricing.

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 2025

Historical avgQ2 2025

-1.4%

Avg return

Earnings day

-2.6%

Avg return

5 days after

-0.3%

Avg return

30 days after

44%

17 / 39 earnings

Positive

+34.7%

Q1 2020

Best reaction

-24.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+18.2%+6.5%+5.8%
Q4 2025-16.5%-25.5%-36.3%
Q3 2025-24.9%-23.3%-33.5%
Q2 2025-15.3%-15.9%-0.7%
Q1 2025+9.9%+15.2%+34.8%
Q4 2024-0.2%-10.2%-21.2%
Q3 2024+8.6%-4.1%+16.5%
Q2 2024-4.1%-12.6%-4.2%
Q1 2024-0.7%+1.6%-0.8%
Q4 2023-1.9%-1.0%-1.5%
Q3 2023+11.1%+13.3%+32.7%
Q2 2023-14.5%-14.4%-22.8%
Q1 2023+8.3%+10.2%+18.0%
Q4 2022-9.5%-9.8%-26.1%
Q3 2022-8.0%-6.9%-2.0%
Q2 2022+7.7%+4.8%+7.1%
Q1 2022+14.1%+9.9%-1.6%
Q4 2021-10.4%-6.2%-7.1%
Q3 2021+13.0%+7.4%+7.9%
Q2 2021+6.8%+6.1%+0.8%
Q1 2021+3.9%+5.3%-6.7%
Q4 2020-15.8%-12.9%-3.0%
Q3 2020+11.0%+7.1%+16.4%
Q2 2020-15.5%-17.7%-22.0%
Q1 2020+34.7%+42.6%+112.8%
Q4 2019-5.9%-12.9%-53.4%
Q3 2019+8.3%+14.4%+39.0%
Q2 2019-19.9%-22.3%-27.8%
Q1 2019-16.7%-21.3%-17.2%
Q4 2018+1.1%+6.3%+13.3%
Q3 2018-4.9%-10.9%-12.0%
Q2 2018-11.6%-8.6%-7.6%
Q1 2018-18.3%-20.9%-17.3%
Q4 2017-2.9%-0.6%-22.1%
Q3 2017-5.8%-4.6%+5.8%
Q2 2017+7.0%+9.7%+19.1%
Q1 2017+2.1%-2.2%-12.2%
Q4 2016-5.4%-5.4%-18.8%
Q3 2016+9.7%+9.3%+37.9%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015

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