PSQ Holdings, Inc. (PSQH) Reports Q2 Loss, Misses Revenue Estimates

PSQ Holdings, Inc. (PSQH) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 tm2621856d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 PSQ Holdings Announces Second Quarter 2026 Financial Results Revenue Growth of 108% GAAP Operating Loss Improves to $4.8 Million Positive Non-GAAP Operating Income of $0.4 Million Revenue Per Headcount Improves 316% BOZEM

PSQ Holdings Inc (NYSE:PSQH) reported Q2 2026 revenue up 108% year over year, and 136% for the first half. Operating expenses fell 12% and headcount was cut about half, reducing operating cash burn 52%. Non-GAAP operating income was $0.4M versus a $2.7M loss a year ago. The company divested Every Life for $5.5M and expects growth to soften, with positive operating cash flow targeted for 2027.

PSQ Holdings (PSQH) reported Q1 2026 revenue of $8.2 million, up 167% year over year, driven by payments and loan origination growth. Operating expenses fell 18% after restructuring, improving operating loss 34% to $6.1 million. Payments GMV rose 417% to $186.2 million; credit GMV rose 32% to $15.1 million. Cash burn fell 36% to $4.1 million; cash totaled $11.8 million. Management said AI helped efficiency and that Brands is being marketed for sale.

Eaton (NYSE:ETN) said the U.S. Air Force Research Laboratory awarded it a $7 million, 24-month contract to use quantum computing, machine learning, and advanced visualization to improve power grid resilience and protection. The work, with Infleqtion and Penn State, targets detection and response to multiple concurrent physical and cyber threats, addressing NERC N-2 contingency requirements.

ExxonMobil Moçambique Limitada issued McDermott Energy Solutions (UK) a letter of intent for limited engineering and procurement work on Rovuma LNG Phase 1 midstream development. The award supports planning ahead of a final investment decision expected in 2026. Rovuma LNG targets 12 modular trains totaling 18.6 mtpa, with start-up in 2031. ExxonMobil says the 30-year project could generate about $150B in revenues for Mozambique’s government.

Serbia President Aleksandar Vucic said Serbia will open a joint UAV factory with Elbit Systems, with inauguration expected Sept 15-20. Elbit will hold 51% and Serbia’s state arms firm SDPR 49%. The factory relates to a five-year contract covering precision rockets and unmanned systems, plus ISTAR, digitization and upgrades.