Filing Flows › Sportsman's Warehouse Holdings (SPWH) › Q4 FY25
Sportsman's Warehouse Holdings (SPWH) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Apr 2, 2025
Sportsman's Warehouse Holdings (SPWH) reported revenue of $340M for the fourth quarter fiscal 2025 (Q4 FY25), -8% from a year earlier and +5% from the quarter before. Operating margin was 1.1%, net loss $8.7M (2.6% of revenue).
Sportsman's Warehouse Holdings, Q4 FY25: revenue $340M (-8% year over year), operating margin 1.1%, net loss $8.7M, operating cash flow $52.8M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $340M | +5% | -8% |
| Operating profit | $3.6M | — | — |
| Net earnings | −$8.7M | — | — |
| Operating cash flow | $52.8M | — | -23% |
| Free cash flow | $49.6M | — | -18% |
What changed
Revenue was $340.4M in Q4 FY25, down 8% year over year and up 5% from the previous quarter.
Gross margin was 30.4%, up 3.6 points from a year earlier. Operating profit was $3.6M, a 1.1% margin (up 3.2 points year over year). Operating expenses fell 7% while revenue fell 8%. The quarter ended with a net loss of $8.7M, wider than the previous quarter's $364K loss.
Operating cash flow was $52.8M (down 23% year over year). Non-cash charges added back $10.0M of depreciation and amortization and $791K of share-based compensation. Working capital and other items added $50.8M. Capital expenditures of $3.3M left free cash flow of $49.6M.
Questions
What was Sportsman's Warehouse Holdings' revenue in the fourth quarter fiscal 2025?
Sportsman's Warehouse Holdings (SPWH) reported revenue of $340M for the fourth quarter fiscal 2025 (Q4 FY25), -8% from a year earlier and +5% from the quarter before.
Was Sportsman's Warehouse Holdings profitable in the fourth quarter fiscal 2025?
Operating profit was $3.6M (1.1% of revenue) and net loss $8.7M.