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Midas Edge

Camping World Holdings, Inc.

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

CWH$4.38-6.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Consolidated Statements of Stockholders’ Equity

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​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Non- · ​ · ​ · ​
​ · ​ · Class A Common Stock · ​ · Class B Common Stock · ​ · Class C Common Stock · ​ · Paid-In · ​ · Treasury Stock · ​ · Retained · ​ · Controlling · ​ · ​ · ​
​ · ​ · Shares · ​ · Amounts · ​ · Shares · ​ · Amounts · ​ · Shares · ​ · Amounts · ​ · Capital · ​ · Shares · ​ · Amounts · ​ · Earnings · ​ · Interest · ​ · Total
Balance at January 1, 2023​47,571​$476​41,466​$4​—​$—​$146,920​(5,130)​$(179,732)​$229,086​$99,856​$296,610
Stock-based compensation​—​​—​—​​—​—​​—​​9,458​—​​—​​—​​11,391​​20,849
Exercise of stock options​—​​—​—​​—​—​​—​​(238)​18​​627​​—​​—​​389
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options​—​​—​—​​—​—​​—​​(485)​—​​—​​—​​161​​(324)
Vesting of restricted stock units​—​​—​—​​—​—​​—​​(25,080)​844​​29,542​​—​​(4,024)​​438
Repurchases of Class A common stock for withholding taxes on vested RSUs​—​​—​—​​—​—​​—​​3,016​(283)​​(9,877)​​—​​—​​(6,861)
Redemption of LLC common units for Class A common stock​2,000​​20​(2,000)​​—​—​​—​​1,169​—​​—​​—​​(4,739)​​(3,550)
Distributions to holders of LLC common units​—​​—​—​​—​—​​—​​—​—​​—​​—​​(31,510)​​(31,510)
Dividends(1)​—​​—​—​​—​—​​—​​—​—​​—​​(66,831)​​—​​(66,831)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability​—​​—​—​​—​—​​—​​(4,164)​—​​—​​—​​—​​(4,164)
Non-controlling interest adjustment​—​​—​—​​—​—​​—​​1,069​—​​—​​—​​(1,069)​​—
Net income​—​​—​—​​—​—​​—​​—​—​​—​​33,372​​19,557​​52,929
Balance at December 31, 2023​49,571​$496​39,466​$4​—​$—​$131,665​(4,551)​$(159,440)​$195,627​$89,623​$257,975
Public offering of Class A common stock, net of underwriting discounts and commissions​12,601​​126​—​​—​—​​—​​185,080​4,229​​148,150​​—​​—​​333,356
Offering costs related to public offering of Class A common stock​—​​—​—​​—​—​​—​​(980)​—​​—​​—​​—​​(980)
Non-controlling interest adjustment for capital contribution of proceeds from the public offering of Class A common stock​—​​—​—​​—​—​​—​​(118,798)​—​​—​​—​​118,798​​—
Stock-based compensation​—​​—​—​​—​—​​—​​11,764​—​​—​​—​​9,842​​21,606
Exercise of stock options​—​​—​—​​—​—​​—​​(345)​25​​894​​—​​—​​549
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options​—​​—​—​​—​—​​—​​(239)​—​​—​​—​​239​​—
Vesting of restricted stock units​280​​3​—​​—​—​​—​​(13,097)​437​​15,320​​—​​(2,226)​​—
Repurchases of Class A common stock for withholding taxes on vested RSUs​(99)​​(1)​—​​—​—​​—​​(487)​(140)​​(4,924)​​—​​—​​(5,412)
Redemption of LLC common units for Class A common stock​149​​1​—​​—​—​​—​​1,531​—​​—​​—​​(682)​​850
Distributions to holders of LLC common units​—​​—​—​​—​—​​—​​—​—​​—​​—​​(18,682)​​(18,682)
Dividends(1)​—​​—​—​​—​—​​—​​—​—​​—​​(24,749)​​—​​(24,749)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability​—​​—​—​​—​—​​—​​(684)​—​​—​​—​​—​​(684)
Non-controlling interest adjustment​—​​—​—​​—​—​​—​​(1,718)​—​​—​​—​​1,718​​—
Net income​—​​—​—​​—​—​​—​​—​—​​—​​(38,637)​​(40,243)​​(78,880)
Balance at December 31, 2024​62,502​$625​39,466​$4​—​$—​$193,692​—​$—​$132,241​$158,387​$484,949
Stock-based compensation​—​​—​—​​—​—​​—​​23,404​—​​—​​—​​14,874​​38,278
Vesting of restricted stock units​1,263​​12​—​​—​—​​—​​3,713​—​​—​​—​​(3,725)​​—
Repurchases of Class A common stock for withholding taxes on vested RSUs​(460)​​(4)​—​​—​—​​—​​(6,032)​—​​—​​—​​—​​(6,036)
Stock award to employee​217​​2​—​​—​—​​—​​564​—​​—​​—​​(566)​​—
Repurchases of Class A common stock for withholding taxes on stock award to employee​(85)​​(1)​—​​—​—​​—​​(854)​—​​—​​—​​—​​(855)
Distributions to holders of LLC common units​—​​—​—​​—​—​​—​​—​—​​—​​—​​(7,465)​​(7,465)
Dividends(1)​—​​—​—​​—​—​​—​​—​—​​—​​(31,434)​​—​​(31,434)
Non-controlling interest adjustment​—​​—​—​​—​—​​—​​2,457​—​​—​​—​​(2,457)​​—
Net (loss) income​—​​—​—​​—​—​​—​​—​—​​—​​(89,799)​​(15,839)​​(105,638)
Balance at December 31, 2025​63,437​$634​39,466​$4​—​$—​$216,944​—​$—​$11,008​$143,209​$371,799
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(1)The Company declared dividends per share of Class A common stock of $0.50, $0.50 and $1.50 per share in 2025, 2024, and 2023, respectively.
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.