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PSQ Holdings vs Napc Defense: PSQH and NAPD compared
PSQ Holdings is the larger company: $7.3M of revenue in its latest quarter (Q3 2026) against $5.3M for Napc Defense (Q1 FY27). Napc Defense is more profitable, with an operating margin of 24.8% against -45.3%.
Where the money goes: PSQH and NAPD
PSQ Holdings (PSQH) · Q3 2026
PSQ Holdings, Q3 2026: revenue $7.3M (+67% year over year), operating margin -45.3%, net loss $4.1M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
Napc Defense (NAPD) · Q1 FY27
Napc Defense, Q1 FY27: revenue $5.3M, operating margin 24.8%, net earnings $776K, operating cash flow $209K. The chart follows the revenue to costs, profit and cash.
| PSQ Holdings (PSQH) | Napc Defense (NAPD) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q1 FY27 |
| Revenue | $7.3M | $5.3M |
| Revenue growth, Y/Y | +67% | — |
| Gross margin | — | 29.4% |
| Operating margin | -45.3% | 24.8% |
| Net earnings | −$4.1M | $776K |
| Net margin | -56.3% | 14.7% |
| Operating cash flow | −$1.7M | $209K |
Questions
Which is bigger, PSQ Holdings or Napc Defense?
PSQ Holdings is the larger company: $7.3M of revenue in its latest quarter (Q3 2026) against $5.3M for Napc Defense (Q1 FY27).
Is PSQ Holdings or Napc Defense growing faster?
Napc Defense is more profitable, with an operating margin of 24.8% against -45.3%.
More: PSQ Holdings earnings · how PSQ Holdings makes money · Napc Defense earnings · how Napc Defense makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Sep 21, 2026). Fiscal quarters can end on different dates. Not investment advice.