Earnings Releases·Nov 12, 2026, 4:10 PM ET

GrabAGun Digital Holdings — Third Quarter 2026 Earnings Summary

Q3 2026 net revenue declined 4.7% year-over-year to $21.2 million, while gross profit surged 44% to $3.1 million, expanding gross margin 480 basis points to 14.4%; however, net loss narrowed to $3.0 million from $3.8 million in the prior year, and Adjusted EBITDA loss widened to $2.1 million from $0.9 million.
The Company completed the acquisition of Camfour post-quarter end using cash on hand, with management citing this deal and PEW Logistics expansion (onboarding KelTec, Derya Arms, Backwoods Suppressors, SAR USA) as key drivers to stimulate growth and improve purchasing economics.
Nine-month 2026 net revenue rose 5.3% to $70.4 million, though net loss widened to $6.7 million from $2.9 million in the prior period; capital expenditures increased significantly to $5.2 million for the nine months, and stock repurchases totaled $2.4 million.
Management affirmed ample cash ($96.0 million) and minimal debt following the Camfour acquisition, committing to disciplined investment to scale PEW Logistics and strengthen the technology platform to create a durable competitive advantage.