Planet 13 Holdings (PLNH) Cost of Revenue (2021 - 2026)
Planet 13 Holdings (PLNH) recorded Cost of Revenue of $10.54 million in Q2 2026, down 30.7% from $15.2 million a year earlier and down 9.8% from the prior quarter.
Planet 13 Holdings (PLNH) Cost of Revenue (2021 - 2026) Analysis & Trends
On a TTM basis, Planet 13 Holdings' Cost of Revenue came in at $54.5 million as of Jun 30, 2026, down 14.7% year-over-year; for FY2025, it came in at $63.51 million, up 5.3% from FY2024.
- Annual Cost of Revenue has a four-year compound annual growth rate of 4.4% (FY2021 to FY2025).
- Across earlier years, Cost of Revenue came in at $60.3 million in FY2024 (+12.3%), $53.68 million in FY2023 (-5.2%), $56.6 million in FY2022 (+5.8%) and $53.49 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Cost of Revenue in data going back to Q1 2021.
- On a year-over-year basis, Cost of Revenue has declined for three consecutive quarters, with growth averaging 3.4% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 43.5% in Q4 2024, against a decline of 30.7% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.68 million (Q1 2026), $13.97 million (Q4 2025) and $18.31 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 3.53 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 1.54 Bn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 170.19 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 82.40 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 108.66 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 168.81 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 42.15 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 49.26 Mn |
| 10 | Planet 13 Holdings | 36.89 Mn | 1.79 Mn | 12.32 Mn | 10.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.54 Mn |
| Mar 31, 2026 | 11.68 Mn |
| Dec 31, 2025 | 13.97 Mn |
| Sep 30, 2025 | 18.31 Mn |
| Jun 30, 2025 | 15.20 Mn |
| Mar 31, 2025 | 16.02 Mn |
| Dec 31, 2024 | 17.19 Mn |
| Sep 30, 2024 | 15.46 Mn |
| Jun 30, 2024 | 15.25 Mn |
| Mar 31, 2024 | 12.39 Mn |
| Dec 31, 2023 | 11.98 Mn |
| Sep 30, 2023 | 13.72 Mn |
| Jun 30, 2023 | 13.95 Mn |
| Mar 31, 2023 | 14.03 Mn |
| Dec 31, 2022 | 14.15 Mn |
| Sep 30, 2022 | 15.06 Mn |
| Jun 30, 2022 | 14.59 Mn |
| Mar 31, 2022 | 12.79 Mn |
| Dec 31, 2021 | 13.66 Mn |
| Sep 30, 2021 | 15.21 Mn |
Planet 13 Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PLNH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PLNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PLNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();