PSQ Holdings Inc (PSQH)

Name: PSQ Holdings Inc Financial Statements
Creator: Quarter Results

Technology | Software Application

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$6.7M

Net Income

-$4.4M

Operating Margin

-173.2%

Free Cash Flow

-$19.9M

Debt / Assets

77.5%

Values are in USD and rounded to the nearest whole number unless noted.

Swipe horizontally to view all columns.

Income statement quarterly history for PSQ Holdings Inc (PSQH).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	6,749,621	7,208,000	6,540,000	5,985,000
Cost of Revenue	736,245	-4,217,000	2,380,000	1,970,000
Gross Profit	6,013,376	11,426,000	4,160,000	4,015,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	12,980,877	14,159,000	16,904,000	16,084,000
Operating Expenses	17,702,714	16,502,000	18,852,000	18,047,000
Operating Income	-11,689,338	-12,079,000	-14,693,000	-14,032,000
Interest Expense	-868,457	868,456	756,760	553,303
Income Before Tax	-4,439,105	-20,738,000	-13,150,000	-11,221,000
Income Tax Expense	-8,240	2,362	-12,437	14,037
Net Income	-4,447,345	-20,738,000	-13,138,000	-11,235,000
Per Share
EPS	-0.10	-0.66	-0.41	-0.36
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for PSQ Holdings Inc (PSQH).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	18,200,000	23,199,000	5,686,000	475,175
Cost of Revenue	5,602,641	9,125,000	3,798,000	716,102
Gross Profit	12,616,828	20,780,000	1,888,000	-240,927
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	34,847,799	62,092,000	27,319,000	4,567,056
Operating Expenses	44,577,598	69,785,000	41,234,000	6,855,598
Operating Income	-31,960,770	-55,711,000	-39,346,000	-7,096,525
Interest Expense	3,509,485	2,303,000	177,444	0
Income Before Tax	-24,900,000	-57,686,000	-53,327,000	-6,977,776
Income Tax Expense	0	1,181	1,945	800
Net Income	-24,900,000	-57,687,000	-53,329,000	-6,978,576
Per Share
EPS	-0.54	-1.80	-2.43	-0.61
EPS Diluted	0.00	0.00	0.00	0.00

Balance sheet quarterly history for PSQ Holdings Inc (PSQH).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	14,644,384	36,324,354	16,446,030	2,330,405
Short Term Investments	0	3,986,997	0	0
Net Receivables	1,881,437	4,748,920	204,879	0
Inventory	0	2,663,397	1,439,182	0
Total Current Assets	31,768,255	46,837,162	21,174,667	2,619,784
Property Plant Equipment	856,618	550,142	451,377	320,243
Goodwill and Intangibles	25,504,301	26,721,415	3,557,029	1,267,673
Total Assets	59,678,408	74,893,841	25,246,619	4,215,663
Liabilities
Account Payables	5,351,651	3,503,553	1,828,508	424,065
Short Term Debt	6,498,388	3,899,866	310,911	169,275
Total Current Liabilities	15,667,466	8,624,419	4,006,120	684,488
Long Term Debt	354,286	28,613,216	16,457	129,762
Total Liabilities	46,241,502	48,043,635	14,812,577	814,250
Shareholders Equity
Retained Earnings	-156,512,096	-119,900,428	-62,213,139	-8,883,952
Total Shareholders Equity	13,436,906	26,850,206	10,434,042	3,401,413

Balance sheet annual history for PSQ Holdings Inc (PSQH).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	14,644,384	36,324,354	16,446,030	2,330,405
Short Term Investments	0	3,986,997	0	0
Net Receivables	1,881,437	4,748,920	204,879	0
Inventory	0	2,663,397	1,439,182	0
Total Current Assets	31,768,255	46,837,162	21,174,667	2,619,784
Property Plant Equipment	856,618	550,142	451,377	320,243
Goodwill and Intangibles	25,504,301	26,721,415	3,557,029	1,267,673
Total Assets	59,678,408	74,893,841	25,246,619	4,215,663
Liabilities
Account Payables	5,351,651	3,503,553	1,828,508	424,065
Short Term Debt	6,498,388	3,899,866	310,911	169,275
Total Current Liabilities	15,667,466	8,624,419	4,006,120	684,488
Long Term Debt	354,286	28,613,216	16,457	129,762
Total Liabilities	46,241,502	48,043,635	14,812,577	814,250
Shareholders Equity
Retained Earnings	-156,512,096	-119,900,428	-62,213,139	-8,883,952
Total Shareholders Equity	13,436,906	26,850,206	10,434,042	3,401,413

Cash flow quarterly history for PSQ Holdings Inc (PSQH).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-36,611,668	-57,687,289	-53,329,187	-6,978,576
Depreciation & Amortization	169,607	3,258,810	2,658,844	842,195
Stock Based Compensation	10,774,457	20,723,153	6,706,419	0
Change in Working Capital	0	-2,601,614	4,170,175	49,396
Operating Cash Flow	-19,941,398	-34,128,721	-25,764,078	-6,034,149
Investing Activities
Capital Expenditure	0	0	-3,497,871	-1,554,334
Investments	0	-3,681,123	-3,497,871	-1,554,334
Investing Cash Flow	-10,486,552	-3,019,388	-3,324,227	-1,554,334
Financing Activities
Debt Repayment	0	18,460,872	-22,499,600	0
Common Stock Issued/Repurchased	6,720,667	39,299,795	2,600,136	9,519,485
Dividends Paid	0	0	0	0
Financing Cash Flow	9,955,662	57,291,686	43,203,930	9,519,485
Summary
Free Cash Flow	-19,941,398	-34,128,721	-29,261,949	-7,588,483
Net Change in Cash	-20,472,288	20,143,577	14,115,625	1,931,002

Cash flow annual history for PSQ Holdings Inc (PSQH).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-36,611,668	-57,687,289	-53,329,187	-6,978,576
Depreciation & Amortization	169,607	3,258,810	2,658,844	842,195
Stock Based Compensation	10,774,457	20,723,153	6,706,419	0
Change in Working Capital	0	-2,601,614	4,170,175	49,396
Operating Cash Flow	-19,941,398	-34,128,721	-25,764,078	-6,034,149
Investing Activities
Capital Expenditure	0	0	-3,497,871	-1,554,334
Investments	0	-3,681,123	-3,497,871	-1,554,334
Investing Cash Flow	-10,486,552	-3,019,388	-3,324,227	-1,554,334
Financing Activities
Debt Repayment	0	18,460,872	-22,499,600	0
Common Stock Issued/Repurchased	6,720,667	39,299,795	2,600,136	9,519,485
Dividends Paid	0	0	0	0
Financing Cash Flow	9,955,662	57,291,686	43,203,930	9,519,485
Summary
Free Cash Flow	-19,941,398	-34,128,721	-29,261,949	-7,588,483
Net Change in Cash	-20,472,288	20,143,577	14,115,625	1,931,002