PSQ Holdings, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the SEC on November 6, 2026, reporting a net loss of $4,132,582 for the third quarter and disclosing a 1-for-15 reverse stock split that became effective July 13, 2026.

Key Highlights

  • Net loss (Q3 2026): $4,132,582, compared to $11,982,888 in Q3 2025, according to the filing.
  • Revenue (Q3 2026): $7,342,985, up from $4,404,861 in Q3 2025, as reported in the condensed consolidated statements of operations.
  • Nine-month net loss: $16,208,610 for the nine months ended September 30, 2026, versus $24,796,213 for the same period in 2025.
  • Reverse stock split: A 1-for-15 reverse split of Class A Common Stock became effective July 13, 2026, with share counts and per-share figures adjusted accordingly.
  • Total assets: $46,996,298 as of September 30, 2026, down from $59,678,408 as of December 31, 2025.
  • Shares outstanding: 4,375,527 shares of Class A Common Stock as of November 3, 2026, per the filing cover page.
  • Accumulated deficit: $172,720,706 as of September 30, 2026, compared to $156,512,096 as of December 31, 2025.

PSQ Holdings Financial Position and Operating Results for Q3 2026

According to the filing, PSQ Holdings, Inc. (NYSE:PSQH) reported revenues, net of $7,342,985 for the three months ended September 30, 2026, a year-over-year increase from $4,404,861 in the same quarter of 2025. Total costs and expenses for Q3 2026 were $10,669,665, resulting in an operating loss of $3,326,680. For the nine months ended September 30, 2026, the company reported revenues of $22,633,928 against total costs and expenses of $36,884,027, producing an operating loss of $14,250,099.

The filing disclosed that the net loss per common share, basic and diluted, was $(1.00) for Q3 2026 and $(4.29) for the nine months ended September 30, 2026, based on weighted average shares outstanding of 4,097,503 and 3,780,630, respectively. All per-share figures have been adjusted to reflect the 1-for-15 reverse stock split that became effective July 13, 2026. The company also reported a loss from discontinued operations of $99,477 for Q3 2026 and $450,553 for the nine-month period.

As of September 30, 2026, the company reported total assets of $46,996,298, including cash and cash equivalents of $3,836,995, down from $14,644,384 at December 31, 2025. Total liabilities stood at $45,295,562, which included $20,000,000 in convertible promissory notes to a related party and $8,449,500 in additional convertible promissory notes, unchanged from December 31, 2025. Total stockholders' equity declined to $1,700,736 from $13,436,906 at year-end 2025. Redeemable warrants listed on the New York Stock Exchange trade under the symbol PSQH.WS, with each whole warrant exercisable for 1/15th of one share of Class A Common Stock at an exercise price of $172.50 per share, as stated in the filing.

What Was Disclosed

PSQ Holdings filed its Q3 2026 10-Q reporting a quarterly net loss of $4,132,582, year-over-year revenue growth, a reduced accumulated deficit trajectory versus 2025, and the completion of a 1-for-15 reverse stock split effective July 13, 2026.