AMMO, Inc. Q3 2026 Earnings Recap

Outdoor Holding Company reported a strong fiscal Q3 2026 with net sales rising 7% to $13.4 million, driven by improved operating efficiency and a significant reduction in operating expenses.

Key Takeaways

• Net income reached $1.465 million, a substantial improvement from a loss of $21.1 million in the prior year.
• Adjusted EBITDA surged 54% year-over-year to $6.5 million, representing 49% of net sales.
• Gross margin remained robust at 87%, despite ongoing investments to enhance user experience.
• The company reduced operating expenses by approximately $22 million, including a significant decline in litigation-related costs.
• Cash from operations increased to nearly $4.2 million, with a current cash balance of $69.9 million, supporting potential share repurchases.