v3.26.1
Non-Controlling Interests
6 Months Ended
Jun. 30, 2026
Non-Controlling Interests  
Non-Controlling Interests

16. Non-Controlling Interests

The following table summarizes the CWGS, LLC common unit ownership by CWH and the Continuing Equity Owners:

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As of June 30, 2026

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As of December 31, 2025

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As of June 30, 2025

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Common Units

  ​ ​ ​

Ownership %

  ​ ​ ​

Common Units

  ​ ​ ​

Ownership %

  ​ ​ ​

Common Units

  ​ ​ ​

Ownership %

CWH

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​

63,827,952

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61.5%

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​

63,436,696

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61.4%

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62,648,648

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​

61.1%

Continuing Equity Owners

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39,895,393

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38.5%

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​

39,895,393

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38.6%

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​

39,895,393

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38.9%

Total

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103,723,345

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100.0%

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103,332,089

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100.0%

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102,544,041

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100.0%

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For the six months ended June 30, 2026 and 2025, contributions from and distributions to holders of LLC common units represented tax refunds and tax payments, respectively, made on behalf of the Continuing Equity Owners.

The following table summarizes the effects of changes in ownership in CWGS, LLC on the Company’s equity:

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Three Months Ended June 30,

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Six Months Ended June 30,

($ in thousands)

  ​ ​

2026

  ​ ​

2025

  ​ ​

2026

  ​ ​

2025

Net income attributable to Camping World Holdings, Inc.

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$

26,860

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$

30,216

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$

10,458

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$

17,936

Transfers to non-controlling interests:

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Increase in additional paid-in capital as a result of the vesting of restricted stock units

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199

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226

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​

510

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672

Decrease in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on vested RSUs

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(125)

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(304)

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(632)

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(1,175)

Increase in additional paid-in capital as a result of the stock award to employee

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589

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—

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589

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—

Decrease in additional paid-in capital as a result of repurchases of Class A common stock for withholding taxes on stock award to employee

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(884)

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—

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(884)

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—

Change from net income attributable to Camping World Holdings, Inc. and transfers to non-controlling interests

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$

26,639

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$

30,138

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$

10,041

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$

17,433

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