Quarterly ResultMay 13, 2026, 04:22 PM
GrabAGun Q1 Revenue +11.1% to $25.9M; Net Loss $1.8M
AI Summary
GrabAGun Digital Holdings reported first quarter 2026 financial results, with net revenue increasing 11.1% to $25.9 million, driven by a 10.5% rise in firearms sales. Despite revenue growth, the company posted a net loss of $1.8 million and a loss from operations of $2.6 million, primarily due to increased operating expenses. Key business developments include the launch of PEW Logistics, a direct-to-consumer fulfillment solution, and the repurchase of $2.4 million in shares.
Key Highlights
- Net revenue increased 11.1% year-over-year to $25.9 million.
- Firearms sales grew 10.5% to $21.7 million, outpacing NICS background checks.
- Reported a net loss of $1.8 million, compared to net income of $0.1 million in Q1 2025.
- Loss from operations was $2.6 million, versus income of $42 thousand in Q1 2025.
- Adjusted EBITDA was a loss of $2.0 million, compared to income of $0.5 million in Q1 2025.
- Launched PEW Logistics in January 2026, onboarding two manufacturing partners.
- Executed $2.4 million in share repurchases, with $8.7 million remaining in the program.
- Cash and cash equivalents totaled $106 million as of March 31, 2026.