--- title: "Grabagun Digital | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 25.93 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286312286.md" datetime: "2026-05-13T20:24:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286312286.md) - [en](https://longbridge.com/en/news/286312286.md) - [zh-HK](https://longbridge.com/zh-HK/news/286312286.md) --- # Grabagun Digital | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 25.93 M Revenue: As of FY2026 Q1, the actual value is USD 25.93 M, beating the estimate of USD 24.5 M. EPS: As of FY2026 Q1, the actual value is USD -0.06. EBIT: As of FY2026 Q1, the actual value is USD -3.443 M. GrabAGun Digital Holdings Inc. operates as a single segment, disaggregating its revenue by category . #### Segment Revenue - **Net Revenues**: For the three months ended March 31, 2026, net revenues were $25,928 thousand, an 11.1% increase from $23,331 thousand for the three months ended March 31, 2025 . - **Firearm Sales**: Increased by $2,100 thousand, or 10%, to $21,659 thousand for the three months ended March 31, 2026, compared to $19,602 thousand for the same period in 2025, driven by an 8% increase in average sales price and a 2% increase in sales volumes . - **Non-Firearm Sales**: Increased by $400 thousand, or 10%, to $4,116 thousand for the three months ended March 31, 2026, compared to $3,729 thousand for the same period in 2025, primarily due to a 23% increase in average sales price, partially offset by a 10% decrease in sales volumes . - **Service Sales**: Totaled $153 thousand for the three months ended March 31, 2026, as PEW Logistics began generating revenue during this quarter . #### Operational Metrics - **Gross Profit**: Increased by $500 thousand, or 23%, to $2,766 thousand for the three months ended March 31, 2026, compared to $2,240 thousand for the same period in 2025, primarily due to an increase in firearm sales . - **Gross Profit Percentage**: Was 11% for the three months ended March 31, 2026, up from 10% for the same period in 2025 . - **Cost of Goods Sold**: Increased by $2,100 thousand, or 10%, to $23,162 thousand for the three months ended March 31, 2026, compared to $21,091 thousand for the same period in 2025, primarily due to the increase in net revenues . - **Sales and Marketing Expense**: Increased by $41 thousand, or 17%, to $280 thousand for the three months ended March 31, 2026, compared to $239 thousand for the same period in 2025, due to increased marketing activities . - **General and Administrative Expense**: Increased by $3,200 thousand, or 162%, to $5,127 thousand for the three months ended March 31, 2026, compared to $1,959 thousand for the same period in 2025, mainly due to increased employee and director-related expenses, stock-based compensation, and professional services related to public company costs . - **Total Operating Expenses**: Were $5,407 thousand for the three months ended March 31, 2026, compared to $2,198 thousand for the same period in 2025 . - **Income (Loss) from Operations**: Was - $2,641 thousand for the three months ended March 31, 2026, a decrease from $42 thousand for the same period in 2025 . - **Net Income (Loss)**: Was - $1,835 thousand for the three months ended March 31, 2026, compared to $95 thousand for the same period in 2025 . - **Interest Income, Net**: Increased by $700 thousand, or 1,413%, to $802 thousand for the three months ended March 31, 2026, compared to $53 thousand for the same period in 2025, due to an increase in daily cash sweep balances . #### Cash Flow - **Net Cash Provided by (Used in) Operating Activities**: Was - $1,660 thousand for the three months ended March 31, 2026, compared to $1,280 thousand provided by operating activities for the same period in 2025 . - **Net Cash Used in Investing Activities**: Was - $1,251 thousand for the three months ended March 31, 2026, compared to - $82 thousand for the same period in 2025, primarily for property and equipment purchases and capitalized software additions . - **Net Cash Used in Financing Activities**: Was - $1,056 thousand for the three months ended March 31, 2026, compared to - $1,667 thousand for the same period in 2025, mainly due to stock repurchases, partially offset by borrowings . - **Cash and Cash Equivalents (End of Period)**: Totaled $106,428 thousand as of March 31, 2026, compared to $7,418 thousand as of March 31, 2025 . #### Unique Metrics (Non-GAAP) - **Adjusted EBITDA**: Was - $2,042 thousand for the three months ended March 31, 2026, compared to $546 thousand for the same period in 2025 . - **Adjusted EBITDA Margin**: Was -8% for the three months ended March 31, 2026, compared to 2% for the same period in 2025 . #### Future Outlook and Strategy GrabAGun Digital Holdings Inc. plans to accelerate growth and consolidate the firearms, ammunition, and related accessories industry by leveraging its tech-forward approach . The company aims to optimize procurement and order fulfillment through proprietary software to reduce costs, scale operations nationwide, and potentially acquire related businesses . Management anticipates that operating expenses and cost of goods sold as a percentage of net revenues will decrease over time as the business grows and scales, with existing cash resources expected to fund operations for at least the next 12 months . ### Related Stocks - [PEW.US](https://longbridge.com/en/quote/PEW.US.md) ## Related News & Research - [GrabAGun Digital Holdings Reports First Quarter 2026 Results | PEW Stock News](https://longbridge.com/en/news/286309925.md) - [BUZZ-Trump Jr.-backed GrabAGun rises on proposed firearm rule change](https://longbridge.com/en/news/291796796.md) - [Bluegem agrees to sell majority stake in Beaba-Suavinex to Portobello Capital](https://longbridge.com/en/news/294341413.md) - [Digita Global Marketing Marks a Decade of Growth and Innovation Across the Caribbean](https://longbridge.com/en/news/294407391.md) - [UniCredit S.p.A. reports Q2 results; updates FY2026 outlook](https://longbridge.com/en/news/293581489.md)