PSQ (NYSE:PSQH – Get Free Report) posted its earnings results on Wednesday. The company reported ($1.44) EPS for the quarter, Zacks reports. PSQ had a negative net margin of 143.15% and a negative return on equity of 217.16%.
Here are the key takeaways from PSQ’s conference call:
- Revenue more than doubled year over year in Q2, up 108%, while normalized operating expenses declined about 12%, headcount fell roughly 50%, and operating cash burn decreased 52% to $2.3 million.
- Payments volume increased 153% year over year to $172.5 million, while Credova credit GMV rose 32% to $14.1 million; management said credit quality, losses, and delinquencies remain within expectations.
- PSQ agreed to sell EveryLife for $5.5 million in cash, with proceeds expected to strengthen the balance sheet and allow management to focus more fully on its core payments and credit businesses.
- Management reaffirmed approximately $32 million in 2026 revenue, expects positive full-year non-GAAP operating income, and forecast a transition to positive operating cash flow around the second or third quarter of 2027.
- Management expects continued strong growth but acknowledged it may moderate from triple-digit levels to above 50%; results are also seasonal, with the second and third quarters typically slower and the fourth quarter strongest.
PSQ Trading Down 6.8%
PSQH stock traded down $0.25 during trading on Wednesday, hitting $3.45. The company had a trading volume of 94,473 shares, compared to its average volume of 78,704. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 3.42. The business has a 50-day moving average of $6.53 and a 200-day moving average of $9.39. PSQ has a one year low of $2.95 and a one year high of $42.60. The stock has a market cap of $11.21 million, a PE ratio of -0.28 and a beta of 0.44.
Wall Street Analyst Weigh In
Get Our Latest Analysis on PSQ
Hedge Funds Weigh In On PSQ
A number of large investors have recently made changes to their positions in the stock. Centiva Capital LP bought a new stake in shares of PSQ during the 3rd quarter valued at about $34,000. Shay Capital LLC grew its stake in PSQ by 46.1% in the 2nd quarter. Shay Capital LLC now owns 28,516 shares of the company’s stock worth $58,000 after buying an additional 9,001 shares in the last quarter. Bridgeway Capital Management LLC increased its holdings in shares of PSQ by 45.5% in the 3rd quarter. Bridgeway Capital Management LLC now owns 32,000 shares of the company’s stock worth $61,000 after buying an additional 10,000 shares during the last quarter. HRT Financial LP purchased a new stake in shares of PSQ during the 4th quarter valued at $45,000. Finally, Corient Private Wealth LLC bought a new stake in shares of PSQ during the 2nd quarter worth $107,000. 17.32% of the stock is owned by institutional investors.
PSQ Company Profile
PSQ Holdings, Inc, together with its subsidiaries, operates an online marketplace through advertising and eCommerce in the United States. It operates through two segments, Marketplace and Brands segments. The PSQ platform is accessible through its mobile application and website. The company also sells diapers and wipes to mothers online under the EveryLife brand name. PSQ Holdings, Inc is headquartered in West Palm Beach, Florida.
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