Outdoor reported $14.5 million revenue and $7.9 million adjusted EBITDA, reversing prior-year losses amid cost cuts and higher marketplace activity.
Outdoor (NASDAQ:POWW) posted a Q1 2027 profit after revenue rose 22.1% year-over-year to $14.5 million and adjusted EBITDA surged 152% to $7.9 million. Operating cash flow turned positive at $4.4 million, compared with a $6.7 million outflow a year earlier.
Net income reached $3.6 million, reversing a $5.9 million loss in the prior-year period. GunBroker.com gross merchandise volume climbed 18.1% to $223.7 million, while firearm unit sales increased 11.6%. A new FFL transfer service contributed $0.9 million in revenue, and operating expenses fell 45% due to restructuring and lower legal costs.
Cash reserves rose to $68.8 million despite share repurchases, a preferred dividend, and debt repayment. Management indicated the stabilization phase is largely complete but does not expect Virginia-related demand to repeat next quarter.