Substantial Revenue Growth
PSQ Holdings, Inc. reported a 95% year-over-year increase in revenue for Q1 2025, reaching $6.75 million compared to $3.47 million in Q1 2024.
Operating Expense Reduction
Operating expenses decreased by 10% year over year, from $16 million in Q1 2024 to $14 million in Q1 2025.
Gross Margin Expansion
Gross margin increased from 43% in Q1 2024 to 58% in Q1 2025.
Customer Acquisition Cost Reduction
Sales and marketing expenses decreased by 48% year over year, with customer acquisition costs expected to remain near zero.
Significant Merchant Onboarding
PSQ Holdings, Inc. onboarded a large number of merchants for their payment processing services, with a strong focus on the shooting sports industry.
Introduction of New Shopify Integration
Successfully launched a Shopify integration, enabling PSQ to serve over 80% of its marketplace e-commerce merchants.
EveryLife Brand Growth
The EveryLife brand experienced over 40% year-over-year revenue growth, with 68% of Q1 revenue from subscription orders.
Largest Bulk Order in EveryLife's History
Received a $2 million bulk order from a Pregnancy Resource Center coalition, expected to recur annually.