Filing Flows › Sportsman's Warehouse Holdings (SPWH) › Q2 FY27
Sportsman's Warehouse Holdings (SPWH) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 1, 2026
Sportsman's Warehouse Holdings (SPWH) reported revenue of $296M for the second quarter fiscal 2027 (Q2 FY27), +0.6% from a year earlier and +15% from the quarter before. Operating margin was -0.4%, net loss $4.4M (1.5% of revenue).
Sportsman's Warehouse Holdings, Q2 FY27: revenue $296M (+0.6% year over year), operating margin -0.4%, net loss $4.4M, operating cash flow −$12.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $296M | +15% | +0.6% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$4.4M | — | — |
| Operating cash flow | −$12.1M | — | — |
What changed
Revenue was $295.6M in Q2 FY27, up 1% year over year and up 15% from the previous quarter.
Gross margin was 32.5%, up 0.5 points from Q2 FY26. Operating costs exceeded revenue by $1.1M, an operating margin of -0.4%. Operating expenses fell 0% while revenue rose 1%. The quarter ended with a net loss of $4.4M, narrower than the previous quarter's $21.8M loss. Net interest and other expense of $3.3M was the main reason.
Operating cash flow was −$12.1M. Non-cash charges added back $8.6M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $17.2M. Capital expenditures of $3.5M exceeded it, leaving free cash flow of −$15.5M.
Questions
What was Sportsman's Warehouse Holdings' revenue in the second quarter fiscal 2027?
Sportsman's Warehouse Holdings (SPWH) reported revenue of $296M for the second quarter fiscal 2027 (Q2 FY27), +0.6% from a year earlier and +15% from the quarter before.
Was Sportsman's Warehouse Holdings profitable in the second quarter fiscal 2027?
Operating loss was $1.1M (-0.4% of revenue) and net loss $4.4M.