Filing Flows › Camping World Holdings (CWH) › Q2 2026
Camping World Holdings (CWH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Camping World Holdings (CWH) reported revenue of $1.9B for the second quarter 2026 (Q2 2026), -2% from a year earlier and +43% from the quarter before. Operating margin was 4.7%, net earnings $26.9M (1.4% of revenue).
Camping World Holdings, Q2 2026: revenue $1.9B (-2% year over year), operating margin 4.7%, net earnings $26.9M, operating cash flow $399M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +43% | -2% |
| Operating profit | $91.8M | +316% | -29% |
| Net earnings | $26.9M | — | -11% |
| Operating cash flow | $399M | — | +112% |
| Free cash flow | $369M | — | +128% |
What changed
Revenue was $1.9B in Q2 2026, down 2% year over year and up 43% from the previous quarter. RV and Outdoor Retail was the largest line at 97% of revenue. RV and Outdoor Retail lost $0.04B year over year (down 2%), 101% of the total change.
Operating profit was $0.09B, a 4.7% margin (down 1.8 points year over year). Total costs fell 0% while revenue fell 2%. The fastest-growing cost line was Other operating costs (+46%). Net earnings were $0.03B, down 11% year over year. The effective tax rate was 3.0%.
Operating cash flow was $0.40B (up 112% year over year), 912% of net income including minority interests. Non-cash charges added back $0.02B of depreciation and amortization and $4.4M of share-based compensation. Working capital and other items added $0.33B. Capital expenditures of $0.03B left free cash flow of $0.37B.
Questions
What was Camping World Holdings' revenue in the second quarter 2026?
Camping World Holdings (CWH) reported revenue of $1.9B for the second quarter 2026 (Q2 2026), -2% from a year earlier and +43% from the quarter before.
Was Camping World Holdings profitable in the second quarter 2026?
Operating profit was $91.8M (4.7% of revenue) and net earnings $26.9M.