GrabAGun Q4 revenue $29.6M (+14.1%); FY net loss $2.5M vs prior-year income $4.5M

• Net revenue was $96.4 million, up 3.6% year-over-year, compared to $93.1 million in FY 2024. o Firearms sales increased 9.7% to $81.2 million reflecting volume growth of 3.4%. o Non-firearms sales declined 20.1% to $15.2 million, reflecting 38.8% lower unit volume. • Gross profit margin of 11.7% compared with 10.4% gross profit margin in the prior year. • Loss from operations was $4.4 million compared to income from operations of $4.1 million in the prior year, driven by stock-based compensation expense and higher public company expenses following the Business Combination, including certain transaction-related expenses. • Net loss was $2.5 million compared to net income of $4.5 million in the prior year.

• Net revenue was $29.6 million, up 14.1% year-over-year, compared to $26.0 million in the prior-year quarter. o Firearms sales increased 19.1% to $25.7 million, reflecting volume growth of 11.5%. o Non-firearms sales declined 10.3% to $3.9 million, reflecting 34.7% lower unit volume. • Gross profit margin of 15.9% compared with 13.0% gross profit margin in the prior year quarter. • Loss from operations was $0.4 million compared to income from operations of $1.9 million in the prior year quarter, driven by stock-based compensation expense and public company expenses. • Net income was $0.4 million compared to net income of $2.0 million in the prior-year quarter.