Camping World Holdings, Inc.
Consumer CyclicalNYSE:CWH · New York Stock Exchange
+$0.24 today
Vol 2.59M · Avg 3.06M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$6.3B of revenue converted into -$93.9M of net income for the selected period. Gross margin is 29.3% and net margin is -1.9%, showing how much revenue survives after costs and taxes. EPS is $-1.49, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.4B +4.4% | $6.1B -2.0% | $6.2B -10.6% | $7.0B +0.8% | $6.9B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $4.5B +5.1% | $4.3B -1.7% | $4.3B -7.6% | $4.7B +5.9% | $4.4B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.9B +2.8% | $1.8B -2.8% | $1.9B -17.0% | $2.3B -8.5% | $2.5B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 29.5% -0.5pp | 29.9% -0.2pp | 30.2% -2.3pp | 32.5% -3.3pp | 35.7% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $1.6B +2.1% | $1.6B +2.3% | $1.5B -4.1% | $1.6B +2.4% | $1.6B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $1.7B +1.3% | $1.7B +4.1% | $1.6B -4.9% | $1.7B +1.3% | $1.7B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $95.3M +17.4% | $81.2M +18.3% | $68.6M -4.0% | $71.5M +7.7% | $66.4M | $374.2M | $1.2B | $631.8M |
| EBITDA | $414.1M +61.9% | $255.7M -25.6% | $343.6M -48.1% | $662.3M -27.1% | $908.4M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 6.5% +2.3pp | 4.2% -1.3pp | 5.5% -4.0pp | 9.5% -3.6pp | 13.1% | 5.6% | 46.3% | 42.0% |
| Operating Income | $178.6M +20.2% | $148.6M -44.4% | $267.1M -53.0% | $568.5M -28.9% | $799.5M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 2.8% +0.4pp | 2.4% -1.9pp | 4.3% -3.9pp | 8.2% -3.4pp | 11.6% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $76.8M -67.4% | $235.6M +7.9% | $218.3M +85.4% | $117.8M +93.0% | $61.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$58.4M +75.5% | -$238.8M -9.7% | -$217.7M -83.8% | -$118.4M -81.2% | -$65.3M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $120.2M +233.1% | -$90.3M -282.7% | $49.4M -89.0% | $450.1M -38.7% | $734.2M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 1.9% +3.4pp | -1.5% -2.3pp | 0.8% -5.7pp | 6.5% -4.2pp | 10.6% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $225.8M +2084.7% | -$11.4M -222.6% | -$3.5M -103.6% | $99.1M +7.6% | $92.1M | $1.3B | -$1.6B | $745.2M |
| Net Income | -$89.8M -132.4% | -$38.6M -215.8% | $33.4M -75.6% | $136.9M -50.8% | $278.5M | $4.9B | $4.8B | $4.7B |
| Net Margin | -1.4% -0.8pp | -0.6% -1.2pp | 0.5% -1.4pp | 2.0% -2.1pp | 4.0% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$1 -78.7% | -$1 -214.3% | $1 -78.3% | $3 -47.8% | $6 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$1 -78.7% | -$1 -245.5% | $1 -82.9% | $3 -47.0% | $6 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $62.7M +30.7% | $48.0M +7.6% | $44.6M +5.3% | $42.4M -5.8% | $45.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $62.7M +30.7% | $48.0M -43.5% | $85.0M +98.3% | $42.9M -52.3% | $89.8M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Aeva Technologies, Inc.
NASDAQ:AEVA
$1.57B
Sweetgreen, Inc.
NYSE:SG
$1.08B
D-Market Elektronik Hizmetler ve Ticaret A.S.
NASDAQ:HEPS
$888.23M
Standard Motor Products, Inc.
NYSE:SMP
$877.17M
Sabre Corporation
NASDAQ:SABR
$672.03M
Hovnanian Enterprises, Inc.
NYSE:HOV
$612.25M
Cars.com Inc.
NYSE:CARS
$529.96M
ECARX Holdings, Inc.
NASDAQ:ECX
$418.87M
SES AI Corporation
NYSE:SES
$348.18M
Cango Inc.
NYSE:CANG
$111.67M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does CWH generate?
Camping World Holdings, Inc. (CWH) reported $6.37B of revenue in fiscal 2025.
Is CWH profitable?
Camping World Holdings, Inc. (CWH) reported -$89,799,000.00 of net income, with a net margin of -1.4%.
Explore More
Continue the stock analysis
Jump to another research area for this company.