PSQ Holdings, Inc. (PSQH) Financial Statements
Industry: Advertising (Services)
In fiscal 2025, PSQ reported revenue of $18.2M, down 21.5% from $23.2M the year before. Net income was -$36.6M (a -200.9% net margin), or -$12.15 per diluted share. Gross margin was -175.4% and operating margin was -175.4%. Operating activities generated -$19.9M of cash, leaving -$19.9M of free cash flow. At fiscal year end, PSQ held $59.7M in total assets against $46.2M in total liabilities, including $14.6M of cash and equivalents.
Open the full interactive PSQ financials → Quarterly statements, key ratios, valuation history and price charts.
PSQ Key Stats
| Share Price | $3.83 |
|---|---|
| Market Cap | $13.9M |
| Revenue YoY Growth | -21.5% |
| 52-Week Range | $3.01 – $35.85 |
| Shares Outstanding | 3.6 million (basic, 2026 Q2) |
PSQ Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $0 | $5.7M | $23.2M | $18.2M |
| Cost of Goods Sold | $0 | $45.0M | $78.9M | $50.2M |
| Gross Profit | $0 | -$39.3M | -$55.7M | -$32.0M |
| Operating Income | -$1.2M | -$39.3M | -$55.7M | -$32.0M |
| Pre-Tax Income | $6.3M | -$53.3M | -$57.7M | -$24.9M |
| Income Tax | $524,777 | $1,945 | $1,181 | $0 |
| Net Income | $5.8M | -$53.3M | -$57.7M | -$36.6M |
| Diluted EPS | $4.05 | -$36.45 | -$27.00 | -$12.15 |
PSQ Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.4M | -$17,881 | $8.2M | $7.1M |
| Net Income | -$12.0M | -$11.8M | -$6.5M | -$5.6M |
| Diluted EPS | -$3.90 | -$0.26 | -$1.80 | -$1.54 |
PSQ Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | — | $16.4M | $36.3M | $14.6M |
| Current Assets | $374,725 | $21.2M | $46.8M | $31.8M |
| Total Assets | $175.3M | $25.2M | $74.9M | $59.7M |
| Current Liabilities | $1.1M | $4.0M | $8.6M | $15.7M |
| Total Long-Term Debt | — | — | $8.4M | $8.4M |
| Total Liabilities | $8.2M | $14.8M | $48.0M | $46.2M |
| Shareholders' Equity | -$5.9M | $10.4M | $26.9M | $13.4M |
PSQ Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$645,887 | -$25.8M | -$34.1M | -$19.9M |
| Cash From Investing | — | -$3.3M | -$3.0M | -$10.5M |
| Cash From Financing | — | $43.2M | $57.3M | $10.0M |
| Free Cash Flow | — | -$25.9M | -$34.1M | -$19.9M |
Figures from PSQ's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full PSQ financials page for every line item.
PSQ Company Profile
| Ticker | PSQH |
|---|---|
| Exchange | NYSE |
| Industry | Advertising (Services) |
| Headquarters | Bozeman, Montana |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001847064 |
Frequently Asked Questions
What was PSQ's revenue in fiscal 2025?
PSQ (PSQH) reported revenue of $18.2M for fiscal 2025.
What is PSQ's annual revenue history?
PSQ's annual revenue by fiscal year: 2022: $0; 2023: $5.7M; 2024: $23.2M; 2025: $18.2M.
What was PSQ's net income in fiscal 2025?
PSQ reported net income of -$36.6M for fiscal 2025.
What was PSQ's earnings per share (EPS) in fiscal 2025?
PSQ's diluted EPS was -$12.15 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did PSQ generate in fiscal 2025?
PSQ generated -$19.9M of free cash flow in fiscal 2025.
What was PSQ's revenue last quarter?
In its most recent reported quarter (2026 Q2), PSQ reported revenue of $7.1M.
How much debt does PSQ have?
PSQ reported $8.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of PSQ are outstanding?
PSQ reported a weighted average of 3.6 million basic shares outstanding in 2026 Q2.
What is PSQ's market cap?
Based on its latest closing price, PSQ (PSQH) has a market capitalization of about $13.9M.
When does PSQ's fiscal year end?
PSQ's fiscal year end, as registered with the SEC, is December 31.
Where is PSQ headquartered?
PSQ lists its business address in Bozeman, Montana in its SEC filings.