AMMO, Inc. (POWW) Income Statement
POWW FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsPOWW revenue and net income
Where POWW's revenue goes
FY2026Each bar shows an amount and its share of revenue. POWW kept −6.9% of revenue as net income.
POWW profit margins
POWW growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +3.5% | −6.8% | −3.9% | — |
| Gross profit | −29.6% | −17.6% | +21.5% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
POWW quarterly EPS vs estimates
AMMO beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 16, 2026 (estimate $0.00).
POWW income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $51.1M | $49.4M | $53.9M | $63.1M | $240.3M | $62.5M | $14.8M | $4.6M | $1.2M | $0 |
| Cost of revenue | $20.9M | $6.5M | $7.7M | $9.1M | $151.6M | $51.1M | $18.5M | $4.8M | $1.2M | $11,040 |
| Gross profit | $30.2M | $42.9M | $46.3M | $54.0M | $88.7M | $11.4M | −$3.7M | −$230,000 | −$8,725 | $0 |
| Sales, general & admin | $23.2M | $89.1M | $39.7M | $39.0M | $46.5M | $14.1M | $8.6M | $8.7M | $4.0M | $136,274 |
| Total operating expenses | $31.0M | $102.6M | $52.7M | $51.7M | $60.2M | $16.8M | $10.2M | $8.8M | $4.0M | $136,274 |
| Operating income | −$820,056 | −$59.7M | −$6.4M | $2.4M | $28.5M | −$5.4M | −$13.8M | −$9.0M | −$5.1M | −$11,040 |
| Interest income | — | — | $318,984 | — | — | — | — | — | — | — |
| Interest expense | $1.8M | $82,173 | $446,473 | $632,062 | $637,797 | $3.0M | $719,187 | $610,600 | $532,752 | $14,094 |
| Income before taxes | −$4.9M | −$58.9M | −$6.3M | $2.3M | $27.9M | −$7.8M | −$14.6M | −$11.7M | −$1.8M | −$155,000 |
| Income taxes | $49,537 | $6.3M | −$948,292 | −$1.3M | $2.0M | $3.6M | $719,187 | $2.7M | $1.8M | $308,354 |
| Net income | −$3.5M | −$130.8M | −$16.6M | −$8.8M | $25.9M | −$7.8M | −$14.6M | −$11.7M | −$5.1M | −$333,000 |
| EBITDA | $13.6M | −$45.3M | $7.2M | $15.1M | $46.0M | $73,556 | −$9.4M | −$10.5M | −$4.9M | $409,096 |
| EPS (diluted) | −$0.07 | −$0.16 | −$0.03 | $2.91 | $0.32 | −$0.17 | −$0.42 | −$0.22 | −$0.29 | −$0.21 |
| Gross margin | 59.1% | 86.9% | 85.8% | 85.6% | 36.9% | 18.2% | −24.9% | −5.0% | −0.8% | — |
| Operating margin | −1.6% | −120.9% | −11.9% | 3.7% | 11.9% | −8.6% | −93.6% | −196.7% | −438.0% | — |
| Net margin | −6.9% | −264.8% | −30.8% | −13.9% | 10.8% | −12.5% | −98.5% | −256.4% | −435.5% | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.5M | $13.9M | $13.4M | $12.0M | $11.9M | $0 | $12.5M | $12.0M | $12.3M | $40.4M | $36.0M | $34.4M |
| Cost of revenue | $2.2M | $1.7M | $5.4M | $1.5M | $1.5M | −$60.3M | $1.6M | $1.6M | $1.7M | $31.0M | $25.1M | $26.1M |
| Gross profit | $12.2M | $12.2M | $8.0M | $10.4M | $10.3M | $18.1M | $11.0M | $10.4M | $10.5M | $9.4M | $10.9M | $8.3M |
| Sales, general & admin | $2.9M | $4.3M | $3.2M | $2.9M | $12.8M | $26.1M | $28.1M | $13.1M | $13.4M | $12.1M | $10.1M | $13.9M |
| Total operating expenses | $8.9M | $15.1M | $5.5M | $9.7M | $16.3M | $28.9M | $33.0M | $18.0M | $16.8M | $15.6M | $13.5M | $17.3M |
| Operating income | $3.3M | −$3.0M | $2.5M | $707,024 | −$6.0M | −$10.7M | −$20.5M | −$6.0M | −$6.2M | −$6.2M | −$2.6M | −$9.0M |
| Interest expense | $244,363 | $245,865 | $245,865 | $929,596 | $348,330 | $452,614 | $45,480 | $45,444 | $45,478 | $163,088 | $193,046 | $212,314 |
| Income before taxes | $3.6M | −$2.7M | $2.2M | $1.4M | −$5.9M | −$10.0M | −$20.4M | −$5.9M | −$6.0M | −$6.7M | −$2.8M | −$9.5M |
| Income taxes | $36,715 | $49,537 | $765,625 | $748,611 | $1.4M | $1.9M | — | — | $6.0M | −$1.4M | −$359,189 | −$1.9M |
| Net income | $2.8M | −$714,392 | $2.2M | $1.4M | −$6.5M | −$77.5M | −$26.1M | −$12.4M | −$14.8M | −$5.3M | −$2.4M | −$7.7M |
| EBITDA | $7.6M | $1.3M | $6.1M | $5.9M | −$2.0M | −$7.1M | — | — | −$2.6M | −$2.1M | $2.2M | −$4.6M |
| EPS (diluted) | $0.02 | −$0.03 | $0.01 | $0.01 | −$0.06 | −$0.11 | −$0.05 | −$0.01 | $0.01 | −$0.05 | $0.04 | −$0.07 |
| Gross margin | 84.5% | 87.6% | 60.0% | 87.1% | 87.2% | — | 87.4% | 86.9% | 85.8% | 23.3% | 30.3% | 24.1% |
| Operating margin | 22.8% | −21.3% | 18.6% | 5.9% | −50.7% | — | −163.8% | −50.3% | −50.8% | −15.2% | −7.2% | −26.2% |
| Net margin | 19.4% | −5.1% | 16.7% | 11.7% | −54.5% | — | −208.7% | −103.7% | −120.2% | −13.2% | −6.7% | −22.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in POWW's financial statements (latest annual report filed June 22, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
POWW financial results
In fiscal year 2026 (ended March 31, 2026), AMMO reported revenue of $51.1 million, up 3.5% from the year before. It had a net loss of $3.5 million, a net profit margin of −6.9%. Diluted earnings per share came to −$0.07. Over five years revenue grew at an average rate of −3.9% a year.
See the POWW stock overview for the latest quote and news, or the POWW chart for price history and technical indicators.
POWW income statement FAQ
What is AMMO's annual revenue?
AMMO reported total revenue of $51.1 million for fiscal year 2026, which ended on March 31, 2026. That was up 3.5% from $49.4 million the previous year.
Is AMMO profitable?
No. AMMO reported a net loss of $3.5 million in fiscal 2026, a net profit margin of −6.9%; its operating margin was −1.6%.
What is AMMO's gross margin?
AMMO's gross margin was 59.1% in fiscal 2026: for every $100 of revenue, AMMO kept $59 after the direct cost of its products and services.
How fast is AMMO growing?
Revenue grew −3.9% a year on average over the last five fiscal years, from $62.5 million to $51.1 million.
What are AMMO's earnings per share?
AMMO earned $-0.07 per diluted share in fiscal 2026, compared with $-0.16 a year earlier.
When will AMMO report its next earnings?
AMMO is expected to report results for the quarter ending September 30, 2026 on November 16, 2026 before the market opens.
When does AMMO's fiscal year end?
AMMO's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on June 22, 2026.