PSQ (NYSE:PSQH) Posts Quarterly Earnings Results

PSQ (NYSE:PSQH) posted its earnings results on Wednesday. The company reported ($1.44) EPS for the quarter, Zacks reports. PSQ had a negative return on equity of 217.16% and a negative net margin of 143.15%.

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 Stock Down 10.0%

PSQH traded down $0.37 during midday trading on Wednesday, hitting $3.33. The company had a trading volume of 84,322 shares, compared to its average volume of 78,642. The company has a market capitalization of $10.82 million, a price-to-earnings ratio of -0.27 and a beta of 0.44. The stock’s 50 day moving average price is $6.53 and its 200 day moving average price is $9.39. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 3.42. PSQ has a 52 week low of $2.95 and a 52 week high of $42.60.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Shay Capital LLC increased its holdings in shares of PSQ by 46.1% during the second quarter. Shay Capital LLC now owns 28,516 shares of the company’s stock valued at $58,000 after acquiring an additional 9,001 shares in the last quarter. Bridgeway Capital Management LLC raised its holdings in PSQ by 45.5% during the third 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. Harvest Investment Services LLC lifted its stake in shares of PSQ by 1.8% in the third quarter. Harvest Investment Services LLC now owns 652,294 shares of the company’s stock valued at $1,246,000 after buying an additional 11,412 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings in shares of PSQ by 0.6% during the third quarter. Alyeska Investment Group L.P. now owns 2,368,764 shares of the company’s stock valued at $4,524,000 after buying an additional 14,525 shares during the last quarter. Finally, Centiva Capital LP bought a new stake in shares of PSQ during the third quarter worth about $34,000. 17.32% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PSQH. Weiss Ratings restated a “sell (e+)” rating on shares of PSQ in a report on Friday, July 17th. Wall Street Zen upgraded shares of PSQ to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $52.50.

About PSQ

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.