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GrabAGun Digital Holdings cash flow, quarter by quarter

Latest: Q2 2026 · from the cash-flow statements filed with the SEC

Free cash flow−$8.4M in Q2 2026 · −$20.2M over twelve months

Operating cash flow−$6.7M
Capital spending−$1.7M
Free cash flow−$8.4M

Analysis

In Q2 2026, GrabAGun Digital Holdings generated −$6.7M of operating cash flow and spent $1.7M on capital projects, leaving free cash flow of −$8.4M. That is $7.3M less than in Q2 2025 (−$1.1M).

Over the twelve months to Jun 30, 2026, operating cash flow was −$9.0M; the largest uses were capital spending ($11.2M), buybacks ($11.2M), operating cash flow ($9.0M); besides operations, cash came from other financing ($117M), net borrowing (+) / repaid (−) ($7.9M); the cash balance rose by $92.9M.

Operating cash flow was −$6.7M against net income of −$1.8M. The largest differences: payables −$5.2M, accrued liabilities +$868K, deferred revenue −$661K.

Free cash flow

GrabAGun Digital Holdings: free cash flow by quarterGrabAGun Digital Holdings: free cash flow by quarter$2.8MQ4 2024$1.3MQ1 2025−$1.1MQ2 2025−$3.3MQ3 2025−$5.8MQ4 2025−$2.8MQ1 2026−$8.4MQ2 2026
Operating cash flow less capital spending.
GrabAGun Digital Holdings: operating cash flow against capital spendingGrabAGun Digital Holdings: operating cash flow against capital spendingOperating cash flowCapital spending$2.8M$0Q4 2024$1.3M$7KQ1 2025−$1.1M$2KQ2 2025−$3.2M$25KQ3 2025$2.6M$8.4MQ4 2025−$1.7M$1.1MQ1 2026−$6.7M$1.7MQ2 2026
Latest (Q2 2026): Operating cash flow −$6.7M, Capital spending $1.7M.

Capital allocation, year by year

GrabAGun Digital Holdings: where the cash came from (up) and went (down), by fiscal yearGrabAGun Digital Holdings: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingAsset salesCapital spendingBuybacksFY2023: Operating cash flow $4.8M$4.8MFY2023FY2024: Operating cash flow $1.8M$1.8MFY2024FY2025: Operating cash flow −$417KFY2025: Net borrowing $6.9MFY2025: Asset sales $119MFY2025: Capital spending −$8.5MFY2025: Buybacks −$8.8M$126MFY2025
Over these 3 years operating cash flow totalled $6.1M; the largest uses were buybacks ($8.8M) and capital spending ($8.5M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$97.5M
Debt$7.7M
Net cash$89.8M
Cash runway4.8 years

GrabAGun Digital Holdings is burning cash: its operations consume cash, a free cash flow of −$20.2M a year at the current rate against $97.5M of cash and investments: a runway of about 4.8 years before any new financing.

GrabAGun Digital Holdings: debt maturities by year (FY2025)GrabAGun Digital Holdings: debt maturities by year (FY2025)$345KYear 2$345KYear 3$345KYear 4$345KYear 5$5.5MAfter year 5
Principal due in each year as disclosed in the annual report, against $97.5M of cash and investments now.

Where the cash came from and went

GrabAGun Digital Holdings: sources (+) and uses (−) of cash, Q2 2026GrabAGun Digital Holdings: sources (+) and uses (−) of cash, Q2 2026Cash drawn (+) / kept (−)$8.9MOperating cash flow−$6.7MCapital spending−$1.7MBuybacks−$328KOther investing−$209KNet borrowing (+) / repaid (−)−$8K
GrabAGun Digital Holdings: sources (+) and uses (−) of cash, TTM to Q2 2026GrabAGun Digital Holdings: sources (+) and uses (−) of cash, TTM to Q2 2026Other financing$117MCash drawn (+) / kept (−)−$92.9MCapital spending−$11.2MBuybacks−$11.2MOperating cash flow−$9.0MNet borrowing (+) / repaid (−)$7.9MOther investing−$747K

From profit to cash

GrabAGun Digital Holdings: net income to operating cash flow, Q2 2026GrabAGun Digital Holdings: net income to operating cash flow, Q2 2026Net income−$1.8MDepreciation & amortization$126KStock-based pay$486KInventory−$260KPayables−$5.2MAccrued liabilities$868KDeferred revenue−$661KPrepaid and other assets$64KOperating cash flow−$6.7M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingBuybacksNet borrowing (+) / repaid (−)Cash drawn (+) / kept (−)Free cash flow
Q2 2026−$6.7M−$1.7M−$328K−$8K$8.9M−$8.4M
Q1 2026−$1.7M−$1.1M−$2.0M$979K$4.0M−$2.8M
Q4 2025$2.6M−$8.4M——−$849K−$5.8M
Q3 2025−$3.2M−$25K−$8.8M—−$105M−$3.3M
Q2 2025−$1.1M−$2K——$2.8M−$1.1M
Q1 2025$1.3M−$7K——$469K$1.3M
Q4 2024$2.8M———−$1.6M$2.8M

GrabAGun Digital Holdings: income statement and cash flow

GrabAGun Digital Holdings, Q2 2026: revenue $23.2M (+9% year over year), operating margin -11.1%. The chart follows the revenue to costs, profit and cash.

GrabAGun Digital Holdings: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.