GrabAGun Reports Q4 Revenue of $29.6M
Reports Q4 revenue $29.6M vs $26M last year. Marc Nemati, Chief Executive Officer of GrabAGun, commented, "Fourth quarter results were outstanding, underscoring the power of our unique model and digitally native strategy to serve the growing community of Americans wishing to exercise their Second Amendment rights. Our strong performance was driven by increasing customer engagement and platform utilization and we continue to significantly outperform the broader industry. For the quarter, we delivered firearms sales volume growth of 11.5% versus the 3.7% decline in Adjusted NICS background checks, demonstrating the competitive advantages of our frictionless e-commerce platform that provides unmatched convenience and selection. We remain encouraged by the evolving demographics of firearms buyers and the sustained strength in our digital channels, which aligns with our long-term marketing and growth strategies."
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- Regulatory Impact: The proposed rule change by Trump's Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) could significantly benefit online retailers like GrabAGun, potentially driving substantial growth in U.S. online gun sales, highlighting the profound implications of policy shifts on the industry.
- Direct Shipping Convenience: The new rule would allow licensed dealers to ship firearms directly to in-state residents after completing online identity verification and background checks, although this change raises public safety concerns, it also presents new opportunities for GrabAGun's business expansion.
- Trump Jr.'s Stake: Donald Trump Jr. holds over 300,000 shares in GrabAGun, currently valued at more than $700,000, down from over $5 million last year, indicating his significant financial interest in the company despite the decline in value.
- Positive Market Reaction: PEW shares rose 5% in extended trading, reflecting market optimism regarding the ATF proposal, even as GrabAGun's CEO stated that the company is still analyzing the potential impact of this rule change on its $100 million revenue.
- Earnings Performance: GrabAGun Digital Holdings reported a Q1 GAAP EPS of -$0.06, beating expectations by $0.02, indicating some improvement in financial performance despite remaining in the red.
- Revenue Growth: The company achieved Q1 revenue of $25.9 million, exceeding expectations by $1.4 million, suggesting a recovery in market demand, although overall profitability still needs enhancement.
- Gross Margin Improvement: The gross profit margin increased from 9.6% in the prior year to 10.7%, reflecting some success in cost control and pricing strategies, despite ongoing operational losses.
- Net Loss Situation: The net loss was $1.8 million compared to a net income of $0.1 million in the prior year, indicating increased financial pressure due to stock-based compensation and rising personnel costs.
- Strategic Collaboration: GrabAGun's partnership with Derya Arms marks the second firearms manufacturer to join the PEW Logistics platform since its January 2026 launch, indicating growing industry recognition of GrabAGun's direct-to-consumer solutions, which is expected to enhance the company's competitive edge in the market.
- Production Capacity Boost: Derya Arms has produced over 200,000 firearms in Turkey and Jacksonville, with over 50% sold in the U.S.; by leveraging GrabAGun's logistics platform, Derya can focus on product design and manufacturing, thereby improving market responsiveness.
- Addressing Industry Challenges: The PEW Logistics platform eliminates complex compliance and logistics challenges faced by firearms manufacturers in direct-to-consumer sales, providing a compliant operational backbone that enhances return on investment and enables manufacturers to achieve high-margin revenue.
- Comprehensive Growth Platform: PEW Logistics offers not only brand-owned eCommerce storefronts but also compliance and order automation, customer experience management, and more, helping manufacturers maintain competitiveness in a rapidly changing market while expanding GrabAGun's market presence and revenue potential.

- Investor Reaction: Investors sold their shares of American Bitcoin at the first opportunity, indicating a lack of confidence in the company.
- Market Analysis: Despite the sell-off, one firm has labeled the stock as a "Buy," suggesting potential for recovery or growth.
- Executive Appointment: GrabAGun has appointed Beth Cross as Chief Revenue Officer, effective immediately, bringing over 20 years of experience in the firearms and e-commerce sectors to drive revenue growth and optimize sales operations.
- Strategic Partnerships: During her tenure as COO at GunBroker.com, Cross successfully strengthened the company's strategic direction by cultivating key partnerships and aligning cross-functional teams to drive business growth.
- Market Expansion: Cross's appointment is seen as a pivotal move for GrabAGun to enhance its market position in the rapidly evolving firearms industry, with expectations that her expertise will help the company stand out in a competitive landscape.
- Commitment to Customer Service: Cross emphasized her intention to leverage her experience in strategic marketing and brand development to drive revenue growth while maintaining the highest standards of customer service and regulatory compliance, ensuring the company's reputation in the industry.








