NASDAQ$POWW
Ammo Inc · Q1 2026 earnings
Q1 2026 earnings · · After market close · Investor relations
Briefing
Delivered nearly $11.9M in revenue with expanded gross margin and a narrower net loss as the company pivoted to a marketplace-only model.
Outdoor Holding Company (formerly AMMO, Inc.) reported Q1 FY26 net revenues of $11,857,376, gross margin of 87.2%, and a net loss attributable to common shareholders of $7,232,459; Adjusted EPS was $0.02 as the business transitioned to a focused GunBroker.com marketplace strategy.
- Revenue was $11,857,376 with cost of revenues of $1,522,398, driving gross profit of $10,334,978 and an 87.2% gross margin.
- Loss from operations narrowed to $6,010,675 and net loss from continuing operations to $5,862,693; total diluted EPS was -$0.06.
- Adjusted EBITDA reached $3,138,115 and Adjusted EPS was $0.02, reflecting improved mix and cost controls.
- Liquidity strengthened with $63,363,812 in cash and cash equivalents at quarter-end.
Headline financials
Revenue & EPS history
Ammo · Revenue · Quarterly
$11.9M
Forward guidance
Management is focused on scaling the GunBroker.com marketplace, reducing SG&A via restructuring, and launching universal payment processing, while acknowledging macro headwinds and elevated legal/compliance costs expected to abate over the next 12–18 months.
Tailwinds
- Singular focus on scaling the GunBroker.com marketplace following ammunition divestiture.
- Planned universal payment processing to increase GMV and high-margin revenue.
- Restructuring initiatives aimed at lowering SG&A and improving cash flow.
- Platform enhancements in search, seller tools, and personalization to lift conversion and AOV.
- Strong liquidity with over $63M in cash to reinvest in growth.
Headwinds
- Broader macro softness in firearms-related consumer demand.
- Elevated legal, compliance, and investigation-related costs near term.
- Winding down residual costs from ammunition operations increases corporate SG&A in the short run.
- Uncertainty around timing of legal cost reductions (estimated 12–18 months).
- Revenue headwinds persist even as margin improves.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
-2.0%
Avg return
Earnings day
-3.1%
Avg return
5 days after
-4.4%
Avg return
30 days after
33%
11 / 33 earnings
Positive
+16.2%
Q3 2018
Best reaction
-28.1%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -0.5% | +5.4% | — | |
| Q3 2026 | +7.1% | +12.5% | +20.2% | |
| Q2 2026 | +5.6% | +9.8% | +27.6% | |
| Q4 2025 | -3.4% | -3.4% | -2.0% | |
| Q1 2026 | +0.9% | +12.3% | +26.3% | |
| Q2 2025 | -2.4% | -21.5% | -24.4% | |
| Q3 2025 | -5.2% | -12.6% | -27.2% | |
| Q1 2025 | -3.8% | -7.6% | -10.8% | |
| Q4 2024 | -28.1% | -24.9% | -33.3% | |
| Q3 2024 | +16.2% | +13.0% | +14.8% | |
| Q2 2024 | -17.1% | -14.8% | -23.2% | |
| Q1 2024 | +1.0% | -1.0% | +0.0% | |
| Q4 2023 | +12.4% | +9.0% | +1.9% | |
| Q3 2023 | -11.9% | -6.3% | -15.8% | |
| Q1 2023 | -20.5% | -27.1% | -39.5% | |
| Q4 2022 | -6.1% | +1.2% | +19.0% | |
| Q3 2022 | +1.7% | -10.9% | -1.5% | |
| Q2 2022 | -2.5% | -10.8% | -20.2% | |
| Q1 2022 | -0.7% | +0.0% | -10.9% | |
| Q4 2021 | +14.8% | -5.2% | -12.7% | |
| Q3 2021 | -15.7% | -17.4% | -38.4% | |
| Q2 2021 | -0.9% | -0.9% | +52.8% | |
| Q1 2021 | -10.7% | -10.7% | -12.5% | |
| Q3 2020 | +9.2% | +9.2% | +12.8% | |
| Q2 2020 | -16.4% | -6.7% | +6.7% | |
| Q1 2020 | -2.5% | +0.0% | -14.0% | |
| Q4 2019 | -0.9% | -5.0% | -9.9% | |
| Q3 2019 | -1.6% | -8.0% | -17.3% | |
| Q2 2019 | -0.6% | -11.0% | -4.8% | |
| Q1 2019 | -3.0% | -14.0% | -24.7% | |
| Q3 2018 | +16.2% | +18.2% | +20.1% | |
| Q4 2018 | +5.6% | +18.9% | +33.3% | |
| Q3 2017 | -3.3% | +8.3% | -33.3% | |
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