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Side-by-side financial comparison of PETMED EXPRESS INC (PETS) and GrabAGun Digital Holdings Inc. (PEW). Click either name above to swap in a different company.

PETMED EXPRESS INC is the larger business by last-quarter revenue ($40.7M vs $22.3M, roughly 1.8× GrabAGun Digital Holdings Inc.). GrabAGun Digital Holdings Inc. runs the higher net margin — -17.2% vs -26.0%, a 8.7% gap on every dollar of revenue. GrabAGun Digital Holdings Inc. produced more free cash flow last quarter ($-3.1M vs $-9.2M).

PetMed Express, Inc., also known as PetMeds, is an online pet pharmacy based in the United States. It is publicly traded and sells prescription and non-prescription pet medication.

GrabAGun Digital Holdings Inc operates a leading U.S. e-commerce platform selling legal firearms, ammunition, shooting accessories, and outdoor gear. It serves individual customers, licensed firearms dealers, and law enforcement across the U.S., complying with all local, state, and federal firearm sales regulations.

PETS vs PEW — Head-to-Head

Bigger by revenue
PETS
PETS
1.8× larger
PETS
$40.7M
$22.3M
PEW
Higher net margin
PEW
PEW
8.7% more per $
PEW
-17.2%
-26.0%
PETS
More free cash flow
PEW
PEW
$6.1M more FCF
PEW
$-3.1M
$-9.2M
PETS

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
PETS
PETS
PEW
PEW
Revenue
$40.7M
$22.3M
Net Profit
$-10.6M
$-3.8M
Gross Margin
23.3%
9.6%
Operating Margin
-25.7%
-21.4%
Net Margin
-26.0%
-17.2%
Revenue YoY
-23.3%
Net Profit YoY
-1392.6%
EPS (diluted)
$-0.50
$-0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PETS
PETS
PEW
PEW
Q4 25
$40.7M
Q3 25
$44.4M
$22.3M
Q2 25
$51.2M
Q1 25
$50.8M
Q4 24
$52.0M
Q3 24
$58.0M
Q2 24
$66.2M
Q1 24
$65.1M
Net Profit
PETS
PETS
PEW
PEW
Q4 25
$-10.6M
Q3 25
$-8.5M
$-3.8M
Q2 25
$-34.2M
Q1 25
$-11.6M
Q4 24
$-707.0K
Q3 24
$2.3M
Q2 24
$3.8M
Q1 24
$-5.0M
Gross Margin
PETS
PETS
PEW
PEW
Q4 25
23.3%
Q3 25
28.0%
9.6%
Q2 25
28.1%
Q1 25
29.9%
Q4 24
31.0%
Q3 24
32.3%
Q2 24
28.8%
Q1 24
29.3%
Operating Margin
PETS
PETS
PEW
PEW
Q4 25
-25.7%
Q3 25
-18.9%
-21.4%
Q2 25
-66.7%
Q1 25
-11.9%
Q4 24
-0.9%
Q3 24
1.0%
Q2 24
6.6%
Q1 24
-5.9%
Net Margin
PETS
PETS
PEW
PEW
Q4 25
-26.0%
Q3 25
-19.2%
-17.2%
Q2 25
-66.7%
Q1 25
-22.9%
Q4 24
-1.4%
Q3 24
4.0%
Q2 24
5.7%
Q1 24
-7.7%
EPS (diluted)
PETS
PETS
PEW
PEW
Q4 25
$-0.50
Q3 25
$-0.41
$-0.14
Q2 25
$-1.65
Q1 25
$-0.56
Q4 24
$-0.03
Q3 24
$0.11
Q2 24
$0.18
Q1 24
$-0.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PETS
PETS
PEW
PEW
Cash + ST InvestmentsLiquidity on hand
$26.9M
$109.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$32.8M
$106.6M
Total Assets
$88.0M
$119.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PETS
PETS
PEW
PEW
Q4 25
$26.9M
Q3 25
$36.1M
$109.5M
Q2 25
$41.1M
Q1 25
$54.7M
Q4 24
$50.1M
Q3 24
$52.0M
Q2 24
$46.0M
Q1 24
$55.3M
Stockholders' Equity
PETS
PETS
PEW
PEW
Q4 25
$32.8M
Q3 25
$43.1M
$106.6M
Q2 25
$51.5M
Q1 25
$85.1M
Q4 24
$96.2M
Q3 24
$96.4M
Q2 24
$93.5M
Q1 24
$96.7M
Total Assets
PETS
PETS
PEW
PEW
Q4 25
$88.0M
Q3 25
$100.3M
$119.8M
Q2 25
$109.8M
Q1 25
$148.7M
Q4 24
$144.8M
Q3 24
$146.0M
Q2 24
$152.7M
Q1 24
$169.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PETS
PETS
PEW
PEW
Operating Cash FlowLast quarter
$-9.2M
$-3.1M
Free Cash FlowOCF − Capex
$-9.2M
$-3.1M
FCF MarginFCF / Revenue
-22.7%
-13.9%
Capex IntensityCapex / Revenue
0.1%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PETS
PETS
PEW
PEW
Q4 25
$-9.2M
Q3 25
$-2.2M
$-3.1M
Q2 25
$-12.3M
Q1 25
$7.0M
Q4 24
$-1.2M
Q3 24
$7.4M
Q2 24
$-8.5M
Q1 24
$7.1M
Free Cash Flow
PETS
PETS
PEW
PEW
Q4 25
$-9.2M
Q3 25
$-4.8M
$-3.1M
Q2 25
$-13.6M
Q1 25
$4.6M
Q4 24
$-1.9M
Q3 24
$6.1M
Q2 24
$-9.2M
Q1 24
$5.9M
FCF Margin
PETS
PETS
PEW
PEW
Q4 25
-22.7%
Q3 25
-10.8%
-13.9%
Q2 25
-26.5%
Q1 25
9.1%
Q4 24
-3.7%
Q3 24
10.6%
Q2 24
-13.9%
Q1 24
9.0%
Capex Intensity
PETS
PETS
PEW
PEW
Q4 25
0.1%
Q3 25
5.9%
0.2%
Q2 25
2.5%
Q1 25
4.7%
Q4 24
1.5%
Q3 24
2.2%
Q2 24
1.0%
Q1 24
1.9%
Cash Conversion
PETS
PETS
PEW
PEW
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
3.18×
Q2 24
-2.27×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PETS
PETS

Reorder$34.0M84%
New Order$5.0M12%
Membership Fees$1.6M4%

PEW
PEW

Firearm Sales$18.1M81%
Non-Firearm Sales$4.2M19%

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