PSQ Holdings (PSQH) Gross Margin (2022 - 2026)

PSQ Holdings (PSQH) reported Gross Margin of 80.33% for Q1 2026, up 3076.0% year-over-year from 2.53% in Q1 2025, and down 1.99% quarter-over-quarter from 81.96% in Q4 2025.

PSQ Holdings (PSQH) Gross Margin (2022 - 2026) Analysis & Trends

PSQ Holdings (PSQH) has 5 years of Gross Margin data on file, last reported at 80.33% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 80.33%, up 3076.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 72.94% (up 4345.0% YoY), and the FY2025 annual result was 67.26%, up 4953.0% from the prior year.
  • Gross Margin declined to 80.33% in Q1 2026 per PSQH's latest filing, from 81.96% in the prior quarter.
  • Over five years, Gross Margin peaked at 81.96% in Q4 2025 and troughed at 474.9% in Q4 2022.
  • A 5-year average of 64.46% and a median of 14.95% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 1194 bps in 2023, then soared 36856 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 474.9% in 2022, then surged by 37 bps to 296.99% in 2023, then jumped by 107 bps to 21.98% in 2024, then jumped by 273 bps to 81.96% in 2025, then slipped by 2 bps to 80.33% in 2026.
  • Business Quant data shows PSQH's Gross Margin at 80.33% in Q1 2026, 81.96% in Q4 2025, and 64.48% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 89.96%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 48.77%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 76.92%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 85.65%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 75.07%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 48.28%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 89.20%
10 PSQ Holdings 2.44 Mn -9.25 Mn 6.55 Mn 80.33%

Historic Data

Download Data
DateValue
Mar 31, 2026 80.33%
Dec 31, 2025 81.96%
Sep 30, 2025 64.48%
Jun 30, 2025 60.37%
Mar 31, 2025 49.57%
Dec 31, 2024 21.98%
Sep 30, 2024 45.75%
Jun 30, 2024 14.95%
Mar 31, 2024 -35.11%
Dec 31, 2023 -296.99%
Sep 30, 2023 -80.72%
Jun 30, 2023 -353.61%
Mar 31, 2023 -76.19%
Dec 31, 2022 -474.90%
Sep 30, 2022 -68.78%