GrabAGun Digital Holdings Inc.
PEW NYSE Retail-Miscellaneous Shopping Goods Stores Financials FY2023–FY2025
Last close · Oct 23, 2026
$1.92
1.0%
Revenue
Total sales reported in the income statement.
$96.4M
3.6%
vs prior year
Operating margin
Operating income as a share of revenue.
−4.5%
8.9 pts
Net income
Profit after all expenses, interest and tax.
−$2.5M
155.6%
Free cash flow
Cash from operations minus capital spending.
−$8.9M
605.7%
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
−84.2%
Market cap
Last close times the latest diluted share count, so it is approximate.
$56.3M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On −$0.34 EPS (TTM)
What GrabAGun Digital Holdings Inc. does
No business description yet.
- Legal name
- GrabAGun Digital Holdings Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 12, 2026
- Accession · CIK
- 0001193125-26-104172
0002051380
Revenue and margins
GrabAGun Digital Holdings Inc. had $96.4M of revenue in fiscal 2025, up 3.6% on the year before.
FY23
Revenue —
FY24
Revenue $93.1M
FY25
Revenue $96.4M
Q1 '24
Revenue —
Q2 '24
Revenue —
Q3 '24
Revenue $20.2M
Q4 '24
Revenue $26.0M
Q1 '25
Revenue $23.3M
Q2 '25
Revenue $21.2M
Q3 '25
Revenue $22.3M
Q4 '25
Revenue $29.6M
Q1 '26
Revenue $25.9M
Q2 '26
Revenue $23.2M
FY23
Gross —
Operating —
Net —
FCF —
FY24
Gross 10.4%
Operating 4.4%
Net 4.8%
FCF 1.9%
FY25
Gross 11.7%
Operating −4.5%
Net −2.6%
FCF −9.2%
Gross
Operating
Net
FCF
Q1 '24
Gross —
Operating —
Net —
FCF —
Q2 '24
Gross —
Operating —
Net —
FCF —
Q3 '24
Gross 8.6%
Operating 2.1%
Net 2.3%
FCF —
Q4 '24
Gross 13.0%
Operating 7.2%
Net 7.6%
FCF 10.8%
Q1 '25
Gross 9.6%
Operating 0.2%
Net 0.4%
FCF 5.5%
Q2 '25
Gross 10.6%
Operating 3.7%
Net 3.9%
FCF −5.1%
Q3 '25
Gross 9.6%
Operating −21.4%
Net −17.2%
FCF −14.7%
Q4 '25
Gross 15.9%
Operating −1.4%
Net 1.4%
FCF −19.6%
Q1 '26
Gross 10.7%
Operating −10.2%
Net −7.1%
FCF −10.6%
Q2 '26
Gross 13.5%
Operating −11.1%
Net −7.8%
FCF −36.1%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY23
Net income $4.5M
FY24
Net income $4.5M
FY25
Net income −$2.5M
Q1 '24
Net income $1.1M
Q2 '24
Net income $1.0M
Q3 '24
Net income $0.5M
Q4 '24
Net income $2.0M
Q1 '25
Net income $0.1M
Q2 '25
Net income $0.8M
Q3 '25
Net income −$3.8M
Q4 '25
Net income $0.4M
Q1 '26
Net income −$1.8M
Q2 '26
Net income −$1.8M
FY23
Diluted EPS $0.45
FY24
Diluted EPS $0.45
FY25
Diluted EPS −$0.13
Q1 '24
Diluted EPS $0.11
Q2 '24
Diluted EPS $0.10
Q3 '24
Diluted EPS $0.05
Q4 '24
Diluted EPS $0.19
Q1 '25
Diluted EPS $0.01
Q2 '25
Diluted EPS $0.08
Q3 '25
Diluted EPS −$0.14
Q4 '25
Diluted EPS −$0.08
Q1 '26
Diluted EPS −$0.06
Q2 '26
Diluted EPS −$0.06
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY23
Return on capital —
Return on equity 347.3%
Return on assets 28.0%
FY24
Return on capital —
Return on equity 335.1%
Return on assets 30.2%
FY25
Return on capital −84.2%
Return on equity −4.6%
Return on assets −3.5%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was −$8.9M in fiscal 2025, −9.2% of revenue. Cash from operations minus capital spending.
FY23
Free cash flow —
FY24
Free cash flow $1.8M
FY25
Free cash flow −$8.9M
Q1 '24
Free cash flow —
Q2 '24
Free cash flow —
Q3 '24
Free cash flow —
Q4 '24
Free cash flow $2.8M
Q1 '25
Free cash flow $1.3M
Q2 '25
Free cash flow −$1.1M
Q3 '25
Free cash flow −$3.3M
Q4 '25
Free cash flow −$5.8M
Q1 '26
Free cash flow −$2.8M
Q2 '26
Free cash flow −$8.4M
FY23
Cash from operations $4.8M
Capital spending —
FY24
Cash from operations $1.8M
Capital spending $0.0M
FY25
Cash from operations −$0.4M
Capital spending $8.5M
Cash from operations
Capital spending
Q1 '24
Cash from operations −$1.6M
Capital spending —
Q2 '24
Cash from operations —
Capital spending —
Q3 '24
Cash from operations —
Capital spending —
Q4 '24
Cash from operations $2.8M
Capital spending $0.0M
Q1 '25
Cash from operations $1.3M
Capital spending $0.0M
Q2 '25
Cash from operations −$1.1M
Capital spending $0.0M
Q3 '25
Cash from operations −$3.3M
Capital spending $0.0M
Q4 '25
Cash from operations $2.6M
Capital spending $8.4M
Q1 '26
Cash from operations −$1.7M
Capital spending $1.1M
Q2 '26
Cash from operations −$6.7M
Capital spending $1.7M
Cash from operations
Capital spending
Dividends, buybacks and share count
GrabAGun Digital Holdings Inc. returned — to shareholders in fiscal 2025. The diluted share count rose 95.3%.
FY23
Dividends —
Buybacks —
FY24
Dividends —
Buybacks —
FY25
Dividends —
Buybacks —
Dividends
Buybacks
FY23
Diluted shares —
FY24
Diluted shares 0.01B
FY25
Diluted shares 0.02B
Balance sheet
Cash, debt and the ratios that show how comfortably GrabAGun Digital Holdings Inc. can carry it.
FY23
Cash $10.7M
Debt —
FY24
Cash $7.9M
Debt $0.0M
FY25
Cash $110M
Debt $6.9M
Cash
Debt
| Fiscal year end | FY23 | FY24 | FY25 |
|---|---|---|---|
| Cash and short-term investments | $10.7M | $7.9M | $110M |
| Debt incl. finance leases | — | $0.0M | $6.9M |
| Net debt / EBITDA | — | −1.8x | — |
| Debt / equity | — | 0.0x | 0.1x |
| Current ratio | — | 1.1x | 7.2x |
| Quick ratio | — | 0.7x | 6.7x |
| Total assets | $16.1M | $13.7M | $131M |
| Total liabilities | $14.8M | $12.3M | $23.7M |
| Shareholders' equity | $1.3M | $1.4M | $108M |
| Net debt (− = net cash) | — | −$7.9M | −$104M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✕ |
| Cash from operations is positive | ✓ | ✓ | ✕ |
| Return on assets rose | — | ✓ | ✕ |
| Cash from operations exceeds net income | ✓ | ✕ | ✓ |
| Debt fell relative to assets | — | — | ✕ |
| Current ratio rose | — | — | ✓ |
| Share count didn't rise | — | — | ✕ |
| Gross margin rose | — | — | ✓ |
| Revenue rose relative to assets | — | — | ✕ |
| F-score | — / 3 | — / 4 | 3 / 9 |
| Accruals ratio | −1.5% | 18.4% | −2.9% |
| Altman Z'' | — | 2.80 | 9.63 |
3 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Income statement | |||
| Revenue | — | $93.1M | $96.4M |
| Gross profit | $10.3M | $9.7M | $11.3M |
| Operating income | $4.4M | $4.1M | −$4.4M |
| Pretax income | — | $4.5M | −$2.5M |
| Income tax | $0.0M | $0.0M | $0.0M |
| Net income | $4.5M | $4.5M | −$2.5M |
| Net income to common | — | $4.5M | −$2.5M |
| Diluted EPS | $0.45 | $0.45 | −$0.13 |
| Diluted shares | — | 0.01B | 0.02B |
| Cash flow | |||
| Cash from operations | $4.8M | $1.8M | −$0.4M |
| Capital expenditure | — | $0.0M | $8.5M |
| Free cash flow | — | $1.8M | −$8.9M |
| Depreciation and amortization | — | $0.3M | $0.2M |
| Stock-based compensation | — | $0.0M | $3.8M |
| Balance sheet | |||
| Cash and short-term investments | $10.7M | $7.9M | $110M |
| Total debt | — | $0.0M | $6.9M |
| Current assets | $15.0M | $13.0M | $121M |
| Current liabilities | — | $12.3M | $16.8M |
| Inventory | $3.5M | $4.2M | $8.5M |
| Property and equipment, net | — | $0.0M | $8.6M |
| Intangible assets | — | — | $0.5M |
| Total assets | $16.1M | $13.7M | $131M |
| Total liabilities | $14.8M | $12.3M | $23.7M |
| Shareholders' equity | $1.3M | $1.4M | $108M |
| Margins | |||
| Gross margin | — | 10.4% | 11.7% |
| Operating margin | — | 4.4% | −4.5% |
| EBITDA margin | — | 4.8% | −4.3% |
| Net margin | — | 4.8% | −2.6% |
| FCF margin | — | 1.9% | −9.2% |
| Returns | |||
| Return on capital | — | — | −84.2% |
| Return on capital employed | — | 287.6% | −3.8% |
| Return on equity | 347.3% | 335.1% | −4.6% |
| Return on assets | 28.0% | 30.2% | −3.5% |
| Return on tangible equity | 347.3% | 324.4% | −2.3% |
| Growth | |||
| Revenue growth | — | — | 3.6% |
| Net income growth | — | −0.2% | −155.6% |
| EPS growth | — | 0.0% | −128.9% |
| FCF growth | — | — | −605.7% |
| Share count change | — | — | 95.3% |
| Financial health | |||
| Net debt / EBITDA | — | −1.8x | — |
| Debt / equity | — | 0.0x | 0.1x |
| Current ratio | — | 1.1x | 7.2x |
| Quick ratio | — | 0.7x | 6.7x |
| Capital allocation | |||
| Capex / revenue | — | 0.0% | 8.8% |
| Stock comp / revenue | — | 0.0% | 3.9% |
| Quality scores | |||
| Piotroski F-score | — | — | 3.0 |
| Altman Z'' | — | 2.8 | 9.6 |
| Accruals ratio | −1.5% | 18.4% | −2.9% |
Source: SEC EDGAR XBRL filings (CIK 0002051380). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.