Filing Flows › PSQ Holdings (PSQH) › Q2 2025
PSQ Holdings (PSQH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 12, 2025
PSQ Holdings (PSQH) reported revenue of $7.1M for the second quarter 2025 (Q2 2025), +18% from a year earlier and +5% from the quarter before. Operating margin was -113.7%, net loss $8.4M (118.1% of revenue).
PSQ Holdings, Q2 2025: revenue $7.1M (+18% year over year), operating margin -113.7%, net loss $8.4M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.1M | +5% | +18% |
| Operating profit | −$8.1M | — | — |
| Net earnings | −$8.4M | — | — |
| Operating cash flow | −$4.9M | — | — |
What changed
Revenue was $7.1M in Q2 2025, up 18% year over year and up 5% from the previous quarter.
Operating costs exceeded revenue by $8.1M, an operating margin of -113.7%. The fastest-growing cost line was Other operating costs (+443%). The quarter ended with a net loss of $8.4M, wider than the previous quarter's $4.4M loss.
Operating cash flow was −$4.9M. Non-cash charges added back $1.7M of depreciation and amortization. Working capital and other items added $1.8M.
Questions
What was PSQ Holdings' revenue in the second quarter 2025?
PSQ Holdings (PSQH) reported revenue of $7.1M for the second quarter 2025 (Q2 2025), +18% from a year earlier and +5% from the quarter before.
Was PSQ Holdings profitable in the second quarter 2025?
Operating loss was $8.1M (-113.7% of revenue) and net loss $8.4M.
Source: PSQ Holdings 10-Q on SEC EDGAR.