PSQ Holdings (PSQH)
NYSE:PSQH
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Earnings Data
Report Date
Aug 19, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.07Last Year’s EPS
-0.18Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strong operational and revenue turnaround: very large year-over-year growth in revenue (167%), a 417% surge in payments GMV, a 287% improvement in revenue per employee, lower operating expenses, and materially improved non-GAAP results and cash burn. The primary negatives are accounting-driven (noncash warrant/earn-out mark-to-market) that increased reported net loss, modest cash on hand that depends in part on the planned Brands sale, and expected near-term moderation in lease revenue plus credit seasonality. Overall, positives reflect meaningful execution on the fintech pivot and structural cost savings that materially outweigh the identified risks and noncash accounting impacts.Company Guidance
Record Revenue Growth
Net revenue from continuing operations grew to $8.2M from $3.1M, a 167% year-over-year increase driven by payments, loan & lease originations, and lease merchandise revenue.
Massive Payments GMV Expansion
Payments gross merchandise volume (GMV) reached $186.2M vs. $36M in Q1 2025, a 417% increase reflecting sustained merchant onboarding and deeper engagement.
Credit GMV Growth with Strong Credit Quality
Credit GMV increased 32% year-over-year to $15.1M; growth driven by improved conversion, higher approval rates and borrower reengagement while maintaining strong credit quality despite a soft firearms market.
Dramatic Improvement in Revenue per Employee
Revenue per employee rose from $44,864 to $173,583, a 287% improvement (headcount down to 47 FTEs from 68 a year earlier, a 31% reduction), cited as the company's 'North Star' metric.
Operating Expense Reduction and Operating Loss Improvement
Total operating expenses declined $2.0M or 18% year-over-year; operating loss improved 34% to $6.1M (from $9.3M) reflecting the fintech refocus and cost structure changes.
Non-GAAP Operating Leverage
Segment non-GAAP operating loss improved 70%, to $0.9M from $2.8M, excluding share-based comp, D&A and unallocated corporate costs, indicating notable operating leverage from the pivot.
Improved Cash Burn and Expected Annualized Savings
Operating cash burn improved to $4.1M from $6.4M year-over-year (36% improvement). Management expects approximately $8M of annualized cash savings from restructuring and related actions; adjusted underlying burn ~ $2.9M for the quarter after excluding one-time items.
Strategic Focus and Product Traction
Company completed a shift to a pure-play fintech (brand consolidation to credova.com), wind down of Marketplace, continued pursuit of Brands divestiture, and early traction for a payments 'giving' product with inbound demand from nonprofits and campaigns.
PSQH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PSQH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $0.82 | $0.73 | -10.58% |
Mar 17, 2026 | $0.64 | $0.77 | +20.25% |
Nov 06, 2025 | $1.94 | $1.75 | -9.79% |
Aug 12, 2025 | $1.98 | $1.69 | -14.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does PSQ Holdings (PSQH) report earnings?
PSQ Holdings (PSQH) is schdueled to report earning on Aug 19, 2026, Before Open (Confirmed).
What is PSQ Holdings (PSQH) earnings time?
PSQ Holdings (PSQH) earnings time is at Aug 19, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PSQH EPS forecast?
PSQH EPS forecast for the fiscal quarter 2026 (Q2) is -0.07.