SEC 8-K filings with transcript text
Aug 13, 2026
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Exhibit 99.1
GrabAGun Digital Holdings Reports Second Quarter 2026 Results
Second Quarter Revenues Increased 9.4% Year-Over-Year to $23.2 Million; Firearms Sales Increased 8.5% for the Same Period
Second Quarter Gross Profit Increased 39.4% and Gross Margin Expanded 290 Basis Points to 13.5% Compared to Same Period Last Year
Advancing Logistics Infrastructure with Three Manufacturing Customers Onboard to Date, Creating a Path for Long-Term Revenue Growth and Margin Expansion
Coppell, Texas – August 13, 2026 – GrabAGun Digital Holdings Inc. (“GrabAGun” or the “Company”) (NYSE:PEW), an online retailer of firearms, ammunition and related accessories, today reported second quarter 2026 financial results for the three and six months ended June 30, 2026.
Marc Nemati, Chief Executive Officer of GrabAGun, commented, “Our second-quarter results reflect continued momentum across our business, with net revenue growth of 9% year-over-year, driven by growth in average order value and a favorable shift toward higher price-point products with our firearms sales, which were up 8% year over year. We also delivered a 290-basis point improvement in gross margin compared to the prior year period. These results reflect the benefits of our evolving product mix, targeted pricing strategy, and disciplined execution across our commercial organization.
“The firearms industry continues to evolve, with recent federal policy proposals from the ATF focused on modernizing aspects of the lawful purchasing process while maintaining established compliance requirements, including background checks and other safeguards. While the timing, scope, and ultimate implementation of any regulatory changes remain uncertain, we believe GrabAGun is well positioned to support customers through this changing environment, leveraging the digital infrastructure, compliance capabilities, and regulatory expertise we have built over more than fifteen years.
Mr. Nemati continued, “That same foundation enabled us to launch PEW Logistics in January, marking an important milestone in extending the capabilities of our turnkey e-commerce platform. We are encouraged by the platform’s early momentum, including the recent addition of Backwoods Suppressors as our third manufacturing customer, further expanding our reach into a growing product category.
“As we continue to expand our network of manufacturers and product categories, we believe PEW Logistics has the potential to broaden our addressable market and create additional opportunities for recurring and profitable revenue and margin expansion. Supported by nearly $100 million in cash, a strong balance sheet, a disciplined capital structure, and a track record of innovation and execution, we remain focused on advancing our strategy, pursuing sustainable growth opportunities, and creating long-term value for our shareholders.”
Second Quarter Financial Highlights
• Net revenue was $23.2 million, up 9.4% year-over-year, compared to $21.2 million in the prior-year quarter.
o Firearms sales increased 8.5% to $19.3 million.
o Non-firearms sales increased 7.5% to $3.6 million.
o Service sales totaled $0.2 million, PEW Logistics, a wholly-owned subsidiary, did not have any revenue for the prior-year quarter.
• Net revenue for the year-to-date period was $49.1 million, up 10.3% year-over-year, compared to $44.6 million in the prior-year to date period.
o Firearm sales increased 9.5% to $41.0 million
o Non-firearm sales increased 9.0% to $7.8 million
• Gross profit margin of 13.5% for the three months ended June 30, 2026 compared with 10.6% gross profit margin in the prior year's quarter. Gross profit margin for the six months ended June 30, 2026 of 12.0% compared with gross profit margin of 10.1% in the prior year.
• Loss from operations was $2.6 million for the three months ended June 30, 2026 compared to income from operations of $0.8 million. Loss from operations was $5.2 million for the six months ended June 30, 2026 compared to income from operations of $0.8 million the prior-year, driven by stock-based compensation expense, public company expenses, and increased personnel costs associated with headcount additions.
• Net loss was $1.8 million for the three months ended June 30, 2026 compared to net income of $0.8 million in the prior-year quarter. Net loss was $3.6 million for the six months ended June 30, 2026 compared to net income of $0.9 million in the prior-year.
• Adjusted EBITDA1 totaled a loss of $1.7 million for the three months ended June 30, 2026 compared to income of $0.9 million in the prior-year. Adjusted EBITDA1 totaled a loss of $3.7 million for the six months ended June 30, 2026 compared to income of $1.5 million in the prior-year.
• Cash and cash equivalents of $97.5 million, or $3.31 per share, with minimal debt, as of June 30, 2026.
Business Highlights
• Overall Customer Lifetime Value2 increased by 4.1% for both the three and six months end
May 13, 2026
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Exhibit 99.1
GrabAGun Digital Holdings Reports First Quarter 2026 Results
First Quarter Revenues Increased 11.1% to $25.9 million
Firearms Sales Increased 10.5%, Well Ahead of the 1.6% Increase in Adjusted NICS Background Checks
Launched PEW Logistics; Investing in Logistics Infrastructure to Drive Next Phase of Growth with Two Manufacturing Partners Onboard to Date
Coppell, Texas – May 13, 2026 – GrabAGun Digital Holdings Inc. (“GrabAGun” or the “Company”) (NYSE:PEW), an online retailer of firearms, ammunition and related accessories, today reported first quarter 2026 financial results for the three months ended March 31, 2026.
Marc Nemati, Chief Executive Officer of GrabAGun, commented, “We delivered a solid start to fiscal 2026 with firearms sales increasing 10.5% year-over-year, well above the 1.6% increase in Adjusted NICS background checks1 during the first quarter. These results reflect continued market share gains as well as the strength of our technology-driven platform and the loyalty of our growing customer base.
“Importantly, we launched PEW Logistics, our white-label direct-to-consumer fulfillment solution for firearms manufacturers, in January 2026. This marked a major milestone in GrabAGun's journey as we continue to expand our B2B offerings and open new revenue streams for the Company. We are proud of the early success we have seen with partners Derya Arms and KelTec® Weapons which have validated PEW Logistics' value proposition and look forward to continuing to grow this business alongside our direct-to-consumer platform. Looking ahead, we remain well-positioned to execute on our growth strategy with over $106 million in cash, minimal debt, and a proven track record of outperforming and leading innovation in our industry.
The ATF has proposed amendments that could allow remote firearm transfers with secure identity verification and direct-to-home delivery under an approved framework, and we believe GrabAGun is uniquely positioned to capitalize on this potential opportunity. For over 15 years, we have invested in building the digital infrastructure, compliance systems, and regulatory expertise required to operate in this complex regulatory environment at scale. Few companies have spent that long building the operational foundation that this kind of regulatory evolution would demand."
First Quarter Financial Highlights
• Net revenue was $25.9 million, up 11.1% year-over-year, compared to $23.3 million in the prior-year quarter.
o Firearms sales increased 10.5% to $21.7 million.
o Non-firearms sales increased 10.4% to $4.1 million.
o 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.
1Adjusted NICS background checks refer to data from the National Instant Criminal Background Check System (NICS) that has been modified by the National Shooting Sports Foundation (NSSF) to exclude checks related to concealed carry permits and permit rechecks. This adjusted data is often used to provide a clearer picture of the firearms market, as the NICS system includes a significant number of checks for permit applications that do not directly correspond to a new firearm sale.
• 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.
Business Highlights
• Overall Customer Lifetime Value3 increased by 4.2% to $906.
• In Q1 2026, total site traffic grew 12.6% year-over-year with Mobile Sessions4 continuing to be a core driver attributing approximately 67.0% of site traffic, accounting for 70.0% of transactions, and 64.0% of net revenue, demonstrating a beneficial channel mix that aligns with the Company’s mobile-first strategy.
• For the three months ended March 31, 2026, Company net revenue increased 11.1% compared to the same period in 2025, significantly outpacing the broader industry, as the Adjusted NICS background checks increase of 1.6% during the same period, highlighting the competitive advantages of GrabAGun’s frictionless eCommerce experience.
• Launched PEW Logistics in January 2026, a wholly-owned subsidiary offering white-label direct-to-consumer fulfillment solutions for firearms manufacturers.
o Onboarded KelTec® Weapons as the platform's first implementation partner.
o Added Derya Arms as the second manufacturer partner in March 2026.
• Executed $2.4 million of share re
Nov 13, 2025
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GrabAGun Digital Holdings Reports Third Quarter 2025 Financial Results
GrabAGun Achieved Quarterly Revenues of $22.3 million, a 10% Increase Year-Over-Year
Firearms Sales Increased 12% Year-Over-Year to $18.1 million, Driven by 16% Volume Growth
Company Continues to Outperform Industry, Reflecting Strength of Digital Platform
Coppell, Texas – November 13, 2025 – GrabAGun Digital Holdings Inc. (“GrabAGun” or the “Company”) (NYSE:PEW), an online retailer of firearms, ammunition and related accessories, today reported third quarter 2025 financial results for the three and nine months ended September 30, 2025.
Marc Nemati, Chief Executive Officer of GrabAGun, commented, “We delivered another exceptional quarter that demonstrates the strength of our business model and our unwavering commitment to defending Americans’ Second Amendment rights. Our Q3 performance reflects not only strong operational execution but also our mission to serve the growing community of Americans who value their constitutional freedoms including lawful access to a broad assortment of high-quality firearms and accessories.”
Nemati continued, “Our third quarter strength was driven by robust customer growth year-over-year and increased average order. We continue to significantly outperform Adjusted NICS1 background checks, with our volume of firearms sales increasing 16% year-over-year compared to Adjusted NICS down 5.3%. This demonstrates the competitive advantages of our frictionless eCommerce platform that provides unmatched convenience and selection. We are also strongly encouraged by the trend towards younger demographics of firearms buyers we’re seeing, as evidenced by strength in mobile transactions and which aligns with our long-term marketing and growth strategies.”
“With over $109 million in cash and no debt, we remain well positioned heading into the fourth quarter and the holiday season. Demand across our core categories remains steady, supported by strong customer engagement on our platform. We’re continuing to invest in the business, advancing our technology, expanding our supplier relationships, and strengthening our customer experience. Our focus remains on building scale, driving operational efficiency, and creating lasting value for our shareholders.”
Third Quarter Financial Highlights
• Net revenue was $22.3 million, up 10% year-over-year, compared to $20.2 million in the prior year quarter.
o Firearms sales increased 12% to $18.1 million, reflecting volume growth of 16%.
o Non-firearms sales increased by 3% to $4.2 million compared to $4.1 million in the prior year quarter.
• Gross profit margin of 11%, an approximate 200 basis point increase compared with a 9% gross profit margin in the prior year quarter.
1 Adjusted NICS background checks refer to data from the National Instant Criminal Background Check System (NICS) that has been modified by the National Shooting Sports Foundation (NSSF) to exclude checks related to concealed carry permits and permit rechecks. This adjusted data is often used to provide a clearer picture of the firearms market, as the NICS system includes a significant number of checks for permit applications that do not directly correspond to a new firearm sale.
• Loss from operations was $4.2 million compared to income from operations of $0.5 million in the prior year quarter, primarily due to $3.2 million of stock-based compensation expense as well as other legal and accounting expenses tied to the business combination transaction that resulted in the Company’s public listing on the NYSE (the “Business Combination”).
• Net loss was $3.3 million compared to net income of $0.6 million in the prior year quarter, reflecting the aforementioned stock-based compensation and expenses related to the Company’s public listing.
• Adjusted EBITDA2 was a $0.3 million loss, a decline of $0.9 million over the prior year quarter.
• Cash and cash equivalents of $109.5 million, or $3.65 per share, as of September 30, 2025.
Third Quarter Business Highlights
• Overall Customer Lifetime Value3 increased by 11% year-over-year.
• In Q3 2025, Mobile Sessions4 grew 13% year-over-year, and accounted for 67% of transactions and 64% of revenue, respectively (compared to 65% of transactions and 63% of revenue for the prior year quarter), demonstrating a meaningful shift in channel mix that aligns with the Company’s mobile-first strategy.
• Company performance significantly outpaced industry as Adjusted NICS background checks declined 5.3% year-over-year during the third quarter, highlighting the competitive advantages of GrabAGun’s frictionless eCommerce experience.
• Executed $8.9 million of share repurchases during the third quarter, with $11.1 million remaining of the Company’s previously authorized $20.0 million share repurchase program, reflecting management’s strong conviction in the Company’s fundamentals and an efficient capital allocation strategy to maximize shar
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