PSQ Holdings, Inc.
PSQH Technology Software Application
In the quarter to June 2026, revenue grew 107.8%, EPS grew 42.9%, free cash flow grew 63.3% and total debt rose 10.3%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
Follow PSQH
PSQ Holdings, Inc. (PSQH) Altman Z-score
PSQ Holdings, Inc.'s Altman Z-score for fiscal 2025 is −4.20, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | −4.20 | (2.69) |
| FY2024 | −1.52 | 1.37 |
| FY2023 | −2.89 | (79.29) |
| FY2022 | 76.40 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.27 | — | 0.32 | |
| Retained earnings / total assets | (2.62) | — | −3.67 | |
| EBIT / total assets | (0.54) | — | −1.77 | |
| Market value of equity / total liabilities | 1.01 | — | 0.61 | |
| Sales / total assets | 0.31 | — | 0.31 | |
| Altman Z-score | Distress zone | −4.20 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −10.07 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| SAGT SAGTEC GLOBAL LIMITED compare | 8.1× |
| RBTC Rubicon Technologies, Inc. compare | −0.2× |
| PSQH PSQ Holdings, Inc. | −4.2× |
| YXT YXT.COM Group Holding Limited - Unsponsored ADR compare | −9.7× |
| FUSE Fusemachines Inc. compare | −9.8× |
| MTBLY Moatable, Inc. Sponsored ADR compare | −12.6× |
| AHI Advanced Human Imaging Limited Sponsored ADR compare | −13.3× |
| SMSI Smith Micro Software, Inc. compare | — |
| RPGL Republic Power Group Limited compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets