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NFA Checks Explode 167% as $0 Tax Stamps Reshape the Market

Talyn

Emissary
Founding Member
The $0 NFA tax stamp is doing exactly what you'd expect it to do.

February's NSSF-adjusted NICS data is out, and the headline number is fine: 1,265,320 background checks, up 3.5 percent year-over-year. Steady market, no drama. But the number buried further in the release is the one worth paying attention to. NFA checks (Form 1 and Form 4) hit 209,023 in February 2026, a 167 percent increase over February 2025's 78,295.

That's not a typo. 167 percent.


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The $0 NFA tax stamp is doing exactly what you'd expect it to do.

February's NSSF-adjusted NICS data is out, and the headline number is fine: 1,265,320 background checks, up 3.5 percent year-over-year. Steady market, no drama. But the number buried further in the release is the one worth paying attention to. NFA checks (Form 1 and Form 4) hit 209,023 in February 2026, a 167 percent increase over February 2025's 78,295.

That's not a typo. 167 percent.


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View attachment 105977

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It was only a matter of time before the numbers proved what we all knew, the $200 tax was never about safety, it was just a paywall for our constitutional rights. While it is great to finally see suppressors and SBRs becoming accessible to the average person without the government bribe, the real concern now is whether the eForms system can actually handle this volume without collapsing. We are already seeing some guys get approvals in two days while others are stuck in the new year rush for weeks, so the consensus is clear, buy your cans and file your Form 1s now before the backlog turns into the multi month nightmare of 2024 all over again
 
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