Filing Flows › GrabAGun Digital Holdings (PEW) › Q1 2026
GrabAGun Digital Holdings (PEW) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 13, 2026
GrabAGun Digital Holdings (PEW) reported revenue of $25.9M for the first quarter 2026 (Q1 2026), +11% from a year earlier and -12% from the quarter before. Operating margin was -10.2%, net loss $1.8M (7.1% of revenue).
GrabAGun Digital Holdings, Q1 2026: revenue $25.9M (+11% year over year), operating margin -10.2%, net loss $1.8M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $25.9M | -12% | +11% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$1.8M | -543% | — |
| Operating cash flow | −$1.7M | -163% | — |
What changed
Revenue was $25.9M in Q1 2026, up 11% year over year and down 12% from the previous quarter. Firearm Sales was the largest line at 84% of revenue. Firearm Sales added $2.1M year over year (up 10%), 79% of the total change.
Gross margin was 10.7%, up 1.1 points from a year earlier. Operating costs exceeded revenue by $2.6M, an operating margin of -10.2%. Operating expenses grew 146% against revenue growth of 11%. The fastest-growing cost line was General & admin (+162%). The quarter ended with a net loss of $1.8M, after a profit of $414K the previous quarter. Non-operating items added $806K, -44% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.7M. Non-cash charges added back $92K of depreciation and amortization and $503K of share-based compensation. Working capital and other items used $420K. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$2.8M.
Questions
What was GrabAGun Digital Holdings' revenue in the first quarter 2026?
GrabAGun Digital Holdings (PEW) reported revenue of $25.9M for the first quarter 2026 (Q1 2026), +11% from a year earlier and -12% from the quarter before.
Was GrabAGun Digital Holdings profitable in the first quarter 2026?
Operating loss was $2.6M (-10.2% of revenue) and net loss $1.8M.