PSQ Holdings (PSQH-WT) Gross Margin (2022 - 2025)
PSQ Holdings' (PSQH-WT) quarterly Gross Margin came in at 68.66% in Q2 2025, down 730.0% year-on-year from 10.9% in Q2 2024, and up 114.2% on a QoQ basis from 32.05% in Q1 2025.
PSQ Holdings (PSQH-WT) Gross Margin (2022 - 2025) Analysis & Trends
PSQ Holdings (PSQH-WT) has 4 years of Gross Margin data on file, last reported at 68.66% in Q2 2025.
- On a quarterly basis, Gross Margin fell 730.0% year-over-year to 68.66% in Q2 2025; TTM through Jun 2025 was 81.23%, a 1302.0% decrease from a year earlier, with the FY2024 full-year figure at 100.0%, changed 0.0% from the prior year.
- Gross Margin for Q2 2025 stood at 68.66%, up from 32.05% in the prior quarter.
- Over the last five years, Gross Margin for PSQH-WT reached as high as 149.56% in Q4 2024 and fell as low as 68.78% in Q3 2022.
- Historically, Gross Margin has averaged 65.77% across 4 years, with a median of 73.96% in 2023.
- Across the five-year window, Gross Margin surged 14074 bps in 2023 and plunged 6795 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 68.78% in 2022, then soared by 308 bps to 143.29% in 2023, then grew by 4 bps to 149.56% in 2024, then tumbled by 54 bps to 68.66% in 2025.
- Per Business Quant data, the three most recent Gross Margin figures were 68.66% in Q2 2025, 32.05% in Q1 2025, and 149.56% in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | PSQ Holdings | 64,968.54 | -11.58 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 68.66% |
| Mar 31, 2025 | 32.05% |
| Dec 31, 2024 | 149.56% |
| Sep 30, 2024 | 81.00% |
| Jun 30, 2024 | 75.96% |
| Mar 31, 2024 | 100.00% |
| Dec 31, 2023 | 143.29% |
| Sep 30, 2023 | 71.96% |
| Mar 31, 2023 | 3.98% |
| Sep 30, 2022 | -68.78% |