Q4 2026 FFL Market Forecast: What the Data Says Now

August splits the market in two: adjusted firearms checks up 2.2 percent, NFA checks up 201.6 percent. Here is what the data says about FFL inventory, transfer revenue and the next 90 days.

By Mark Edwards •

Ayoob: Should You Always Get Off the X?

Editor’s Note: Be aware of your local and state as well as federal laws and how they apply to carrying firearms and self-defense. This article does not represent training advice/guidance. Please seek training from a professional firearms trainer for your self-defense needs. You’re facing...

By Massad Ayoob •

Suppressor Boom: Where FFL Margin Actually Comes From

The August NFA check surge proves demand for suppressors is real. The margin, though, is no longer in the paperwork fee or the can itself - it is in the bundle, the service, and an intake process that knows which customer is on which legal path.

By Gary Stone •

Trump Orders Open Two Monuments to Hunting, Back Lead Ammo

President Trump signed a pair of Executive Orders on Thursday, September 17, that hand hunters new ground to chase game, protect their right to run traditional lead ammo and tackle, and take aim at the saltwater regulations anglers have long griped about. Trump laid out the moves during a Rose Ga...

By James Chen •

Black and Gold - The Deluxe Auto-Ordnance Thompson T1ABTG

Meet the T1ABTG, a .45 ACP semi-auto carbine built on the classic 1927A-1 platform, now flashed out in black steel and polished titanium gold. This is the gun Capone would've wanted: menacing matte black on the body, gold glinting off every piece that matters. Front sight. Rear battle sight....

By Eric B •

Week in Review: NFA Limbo and a NICS Warning for FFLs

Washington spent five days widening the gap between what gun law now allows and what ATF has told dealers to do. The FFL news digest for the week of September 21, and the decisions you should not make yet.

By Fred Thompson •

Two Federal Moves Just Widened the Handgun Market

In four days, DOJ stopped enforcing the under-21 handgun sales ban and the Fifth Circuit struck the interstate handgun purchase ban. Here is what the wider buyer pool does to FFL revenue and how to model it for Q4.

By Mark Edwards •

FFL News: DOJ Won't Appeal NFA Ruling; Virginia Dealer Unit

The administration won't appeal the Texas NFA ruling, but the injunction covers members and customers of the plaintiffs, not the general public — 4473, NICS and Section 922(b)(4) all still apply. Plus Virginia's new FAIR enforcement unit, the FBI's NICS Monitoring confirmation, and the state-level split on registration.

By Fred Thompson •
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