PSQ Holdings Q1 revenue $8.2M, up 167% YoY; operating loss improves 34%

PSQ Holdings, Inc.

2026-Q1 EPS reported -$0.12 revenue$8,158,417

Net revenue from continuing ops $8.2M vs $3.1M YoY; operating expense down 18% to $9.0M.
GAAP operating loss improved 34% to $6.1M; Non-GAAP operating loss improved 70% to $0.9M.
Net loss $6.5M vs $4.4M YoY, driven by $7.1M decline in fair value gains on warrants/earnouts.
Operational restructuring: 41% headcount reduction, annualized cash savings ~$8M.
CFO transition: James Rinn stepped down; Michael Pena appointed CFO, Krista Wenzel CAO.

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