PSQ Holdings (PSQH) Operating Expenses (2021 - 2026)

PSQ Holdings (PSQH) reported Operating Expenses of $14.3 million for Q1 2026, up 15.57% year-over-year from $12.4 million in Q1 2025, and down 5.22% quarter-over-quarter from $15.1 million in Q4 2025.

PSQ Holdings (PSQH) Operating Expenses (2021 - 2026) Analysis & Trends

PSQ Holdings (PSQH) has 6 years of Operating Expenses data on file, last reported at $14.3 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $14.3 million, up 15.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $58.6 million (changed 0.22% YoY), and the FY2025 annual result was $50.2 million, down 3.06% from the prior year.
  • Operating Expenses eased to $14.3 million in Q1 2026 per PSQH's latest filing, from $15.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $20.0 million in Q2 2024 and troughed at $248757.0 in Q2 2022.
  • A 5-year average of $11.0 million and a median of $13.5 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 29136.0% in 2022, then tumbled 32.7% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $2.6 million in 2022, then jumped by 528.77% to $16.4 million in 2023, then slipped by 21.35% to $12.9 million in 2024, then grew by 16.99% to $15.1 million in 2025, then dropped by 5.22% to $14.3 million in 2026.
  • Business Quant data shows PSQH's Operating Expenses at $14.3 million in Q1 2026, $15.1 million in Q4 2025, and $14.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 PSQ Holdings 2.44 Mn -9.25 Mn 6.55 Mn 14.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.29 Mn
Dec 31, 2025 15.08 Mn
Sep 30, 2025 14.10 Mn
Jun 30, 2025 15.14 Mn
Mar 31, 2025 12.37 Mn
Dec 31, 2024 12.89 Mn
Sep 30, 2024 13.47 Mn
Jun 30, 2024 20.02 Mn
Mar 31, 2024 18.37 Mn
Dec 31, 2023 16.39 Mn
Sep 30, 2023 15.01 Mn
Jun 30, 2023 7.72 Mn
Mar 31, 2023 5.91 Mn
Dec 31, 2022 2.61 Mn
Sep 30, 2022 2.25 Mn
Jun 30, 2022 248,757.00
Mar 31, 2022 292,360.00
Dec 31, 2021 436,729.00
Sep 30, 2021 331,519.00
Jun 30, 2021 82,927.00