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.PSQ Holdings, Inc. operates as a single reportable segment, Financial Technology (“FinTech”), which includes Credova, PSQ Payments, and PSQ Impact .<h4>Segment Revenue</h4>For the three months ended March 31, 2026, total revenues, net were $8,158,417, an increase of 167% from $3,050,785 for the same period in 2025 . Within the FinTech segment, direct revenue was $680,046 for Q1 2026 compared to $715,767 for Q1 2025 . Interest income on loans increased to $818,978 for Q1 2026 from $588,496 for Q1 2025 . Loan and lease contracts sold, net, rose to $2,093,706 for Q1 2026 from $1,062,374 for Q1 2025 . Lease merchandise, net, significantly increased to $904,073 for Q1 2026 from $112,804 for Q1 2025 . Payment processing revenues (including PSQ Payments and PSQ Impact) saw substantial growth, reaching $3,661,614 for Q1 2026 compared to $571,344 for Q1 2025 .<h4>Operational Metrics</h4>Net loss for Q1 2026 was - $6,454,937, an increase from - $4,447,345 for Q1 2025 . Loss from continuing operations was - $6,481,647 for Q1 2026 compared to - $2,050,854 for Q1 2025 . Income from discontinued operations, net of tax, was $26,710 for Q1 2026 compared to - $2,396,491 for Q1 2025, as the Brands and Marketplace segments are presented as discontinued operations . Total costs and expenses increased by 16% to $14,292,065 for Q1 2026 from $12,366,261 for Q1 2025 . Cost of revenue (exclusive of depreciation and amortization) surged by 471% to $3,599,955 for Q1 2026 from $630,009 for Q1 2025 . General and administrative expenses decreased by -20% to $6,615,164 for Q1 2026, primarily due to a $1.7 million reduction in share-based compensation expense . Sales and marketing expenses increased by 4% to $1,604,807 for Q1 2026 . Research and development expenses decreased by -39% to $624,095 for Q1 2026, mainly due to a $0.4 million decrease in share-based compensation expense . Depreciation and amortization increased by 104% to $1,848,044 for Q1 2026 . Operating loss decreased by -34% to - $6,133,648 for Q1 2026 from - $9,315,476 for Q1 2025 . Segment non-GAAP Gross Profit was $4,560,138 for Q1 2026 compared to $2,444,247 for Q1 2025 . Segment non-GAAP operating loss was - $856,070 for Q1 2026 compared to - $2,814,435 for Q1 2025 .<h4>Cash Flow</h4>Net cash used in operating activities was - $4,128,167 for Q1 2026 compared to - $6,432,267 for Q1 2025 . Net cash used in investing activities was - $1,360,795 for Q1 2026 compared to - $1,807,609 for Q1 2025 . Net cash provided by financing activities was $1,207,613 for Q1 2026 compared to - $72,876 for Q1 2025 . Unrestricted cash and cash equivalents were $10.1 million as of March 31, 2026, down from $14.6 million as of December 31, 2025 .<h4>Unique Metrics</h4>GMV - Credit increased by 32% to $15,072,530 for Q1 2026 from $11,398,052 for Q1 2025, with the top five merchants and platform partners representing approximately 56% of total GMV - Credit . GMV - PSQ Payments increased by 417% to $186,221,940 for Q1 2026 from $36,032,985 for Q1 2025, where the top three merchants accounted for approximately 73% of total GMV – PSQ Payments . Revenue per headcount rose to $173,583 for Q1 2026 from $44,864 for Q1 2025, driven by a 167% increase in revenue growth and a 31% decrease in headcount .<h4>Future Outlook and Strategy</h4>PSQ Holdings, Inc. is strategically repositioning to focus exclusively on its FinTech operations, aiming to improve its cash position and operating efficiency through initiatives like discontinuing the Brands and Marketplace segments, reducing corporate operating expenses, and a 41% staff reduction . These reductions are expected to result in annualized cash savings of approximately $8.0 million . The company anticipates that existing cash, along with proceeds from the planned sale of the Brands segment, will cover operating and capital needs for at least the next twelve months .

PSQ | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 8.158 M