May. 13 at 8:41 PM
$PEW
🚨🚨🚨
Net revenue was
$25.9 million, up 11.1% year-over-year, compared to
$23.3 million in the prior-year quarter
Firearms sales increased 10.5% to
$21.7 million.
Non-firearms sales increased 10.4% to
$4.1 million
Service sales totaled
$0.1 million as PEW Logistics started generating revenue during the current quarter
Gross profit margin of 10.7% compared with 9.6% gross profit margin in the prior year's quarter
Loss from operations was
$2.6 million compared to income from operations of
$42 thousand in the prior-year quarter, driven by stock-based compensation expense, public company expenses, and increased personnel costs associated with headcount additions
Net loss was
$1.8 million compared to net income of
$0.1 million in the prior-year quarter
Adjusted EBITDA2 totaled a loss of
$2.0 million for the quarter compared to income of
$0.5 million in the prior-year quarter
Cash and cash equivalents of
$106 million, or
$3.62 per share, with minimal debt, as of March 31, 2026.
