Filing Flows › GrabAGun Digital Holdings (PEW) › Q2 2026
GrabAGun Digital Holdings (PEW) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
GrabAGun Digital Holdings (PEW) reported revenue of $23.2M for the second quarter 2026 (Q2 2026), +9% from a year earlier and -10% from the quarter before. Operating margin was -11.1%, net loss $1.8M (7.8% of revenue).
GrabAGun Digital Holdings, Q2 2026: revenue $23.2M (+9% year over year), operating margin -11.1%, net loss $1.8M, operating cash flow −$6.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.2M | -10% | +9% |
| Operating profit | −$2.6M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | −$6.7M | — | — |
What changed
Revenue was $23.2M in Q2 2026, up 9% year over year and down 10% from the previous quarter. Firearm Sales was the largest line at 83% of revenue. Firearm Sales added $1.5M year over year (up 8%), 76% of the total change.
Gross margin was 13.5%, up 2.9 points from Q2 2025. Operating costs exceeded revenue by $2.6M, an operating margin of -11.1%. Operating expenses grew 290% against revenue growth of 9%. The fastest-growing cost line was General & admin (+342%). The quarter ended with a net loss of $1.8M, narrower than the previous quarter's $1.8M loss. Non-operating items added $766K, -42% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$6.7M. Non-cash charges added back $126K of depreciation and amortization and $486K of share-based compensation. Working capital and other items used $5.5M. Capital expenditures of $1.7M exceeded it, leaving free cash flow of −$8.4M.
Questions
What was GrabAGun Digital Holdings' revenue in the second quarter 2026?
GrabAGun Digital Holdings (PEW) reported revenue of $23.2M for the second quarter 2026 (Q2 2026), +9% from a year earlier and -10% from the quarter before.
Was GrabAGun Digital Holdings profitable in the second quarter 2026?
Operating loss was $2.6M (-11.1% of revenue) and net loss $1.8M.