--- title: "PSQ | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 8.158 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285543035.md" datetime: "2026-05-07T11:38:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285543035.md) - [en](https://longbridge.com/en/news/285543035.md) - [zh-HK](https://longbridge.com/zh-HK/news/285543035.md) --- # PSQ | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 8.158 M Revenue: As of FY2026 Q1, the actual value is USD 8.158 M, beating the estimate of USD 7.192 M. EPS: As of FY2026 Q1, the actual value is USD -0.12. EBIT: As of FY2026 Q1, the actual value is USD -5.534 M. ### Segment Revenue - **Net Revenue from Continuing Operations (Fintech Segment)**: PSQ Holdings, Inc. reported $8.2 million for the quarter ended March 31, 2026, marking a 167% increase compared to $3.1 million for the same period in 2025. - **Net Revenues from Discontinued Operations (Brands and Marketplace)**: The company reported $3.7 million for the quarter ended March 31, 2026, which was consistent with $3.7 million for the same period in 2025. Brands revenue constituted 98% of discontinued operations revenue in Q1 2026, an increase from 88% in Q1 2025. ### Operational Metrics - **Operating Expense**: Total operating expense decreased by $2.0 million, or 18%, for the quarter ended March 31, 2026, compared to the prior year period. - General and administrative expenses were $6,615,164 in Q1 2026, down from $8,260,744 in Q1 2025. - Sales and marketing expenses were $1,604,807 in Q1 2026, up from $1,538,462 in Q1 2025. - Research and development expenses were $624,095 in Q1 2026, down from $1,030,222 in Q1 2025. - **Operating Loss**: The operating loss for the quarter ended March 31, 2026, was -$6.1 million, an improvement of $3.2 million or 34% compared to -$9.3 million for the same period in 2025. - **Net Loss**: The net loss for the quarter ended March 31, 2026, was -$6.5 million, an increase of $2.0 million or 45%, compared to a net loss of -$4.4 million for the same period in 2025. This was primarily due to a -$7.1 million decrease in gains from changes in the fair value of warrant and earnout liabilities. - **Income/(Loss) from Discontinued Operations, Net of Tax**: The company reported an income of $26,710 for the quarter ended March 31, 2026, compared to a loss of -$2.4 million for the same period in 2025. - **Non-GAAP Operating Loss**: The non-GAAP operating loss was -$0.9 million for the quarter ended March 31, 2026, an improvement of 70% compared to -$2.8 million in the prior year period. ### Cash Flow - **Operating Cash Burn**: Operating cash burn was -$4.1 million for the quarter ended March 31, 2026, an improvement of $2.3 million or 36% compared to -$6.4 million for the same period in 2025. - **Net Cash Used in Operating Activities**: Net cash used in operating activities was -$4,128,167 for the three months ended March 31, 2026, compared to -$6,432,267 for the same period in 2025. - **Net Cash Used in Investing Activities**: Net cash used in investing activities was -$1,360,795 for the three months ended March 31, 2026, compared to -$1,807,609 for the same period in 2025. - **Net Cash Provided by/(Used in) Financing Activities**: Net cash provided by financing activities was $1,207,613 for the three months ended March 31, 2026, compared to net cash used of -$72,876 for the same period in 2025. - **Net Decrease in Cash, Cash Equivalents and Restricted Cash**: The net decrease was -$4,281,349 for the three months ended March 31, 2026, compared to -$8,312,752 for the same period in 2025. ### Unique Metrics - **Revenue per Headcount**: Revenue per headcount improved by 287%, reaching $173,583 for the quarter ended March 31, 2026, compared to $44,864 for the same period in 2025. - **Payments Gross Merchandise Volume (GMV)**: Payments GMV exceeded $186 million in Q1 2026, marking a record for the company. - **Credit GMV**: Credit GMV increased by 32% in Q1 2026. - **Headcount**: Headcount decreased from 68 to 47 full-time employees. - **Annualized Cash Savings**: Operational restructuring, including staff reductions of 41%, is expected to result in annualized cash savings of approximately $8.0 million. ### Balance Sheet & Liquidity - **Cash and Cash Equivalents and Restricted Cash**: As of March 31, 2026, PSQ Holdings, Inc. had $11.8 million in restricted cash and cash and cash equivalents, which included $0.2 million related to discontinued operations. - **Revolving Line of Credit**: The outstanding principal balance on its $10.0 million revolving line of credit was $7.4 million as of March 31, 2026. ### Outlook / Guidance PSQ Holdings, Inc. continues to pursue the sale of its Brands segment, including EveryLife, and management anticipates entering into a definitive agreement during the first half of 2026. The proceeds from this transaction are expected to be reinvested into the company’s Financial Technology operations. The company’s ongoing priorities are to grow revenue responsibly, reduce cash burn, and achieve profitability. ### Related Stocks - [PSQH.US](https://longbridge.com/en/quote/PSQH.US.md) ## Related News & Research - [PSQ (NYSE:PSQH) Insider Dusty Wunderlich Sells 17,517 Shares](https://longbridge.com/en/news/286645534.md) - [PSQ Holdings, Inc. Announces First Quarter 2026 Financial Results | PSQH Stock News](https://longbridge.com/en/news/285532196.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [INTOUCH INSIGHT ANNOUNCES Q1 2026 FINANCIAL RESULTS](https://longbridge.com/en/news/287124506.md)