Planet 13 Holdings (PLNH) Gross Margin (2021 - 2026)
Planet 13 Holdings (PLNH) recorded Gross Margin of 53.91% in Q2 2026, up 10.50 percentage points from 43.41% a year earlier and up 9.28 percentage points from the prior quarter.
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Analysis
Planet 13 Holdings (PLNH) Gross Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Planet 13 Holdings' Gross Margin came in at 41.05% as of Jun 30, 2026, down 4.51 percentage points year-over-year; for FY2025, it was 38.57%, down 9.63 percentage points from FY2024.
- Annual Gross Margin has a four-year change of -16.67 percentage points (FY2021 to FY2025).
- Across earlier years, Gross Margin came in at 48.20% in FY2024 (+2.70 pp), 45.50% in FY2023 (-0.37 pp), 45.88% in FY2022 (-9.36 pp) and 55.24% in FY2021.
- The Q2 2026 figure is the highest quarterly Gross Margin since Q4 2021.
- On a year-over-year basis, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of -3.10 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 10.50 percentage points in Q2 2026, against a drop of 30.61 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 44.63% (Q1 2026), 44.59% (Q4 2025) and 21.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 62.51% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 49.96% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 35.41% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 59.90% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 44.96% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 40.30% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 65.55% |
| 10 | Planet 13 Holdings | 43.59 Mn | 8.50 Mn | 12.32 Mn | 53.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.91% |
| Mar 31, 2026 | 44.63% |
| Dec 31, 2025 | 44.59% |
| Sep 30, 2025 | 21.31% |
| Jun 30, 2025 | 43.41% |
| Mar 31, 2025 | 42.84% |
| Dec 31, 2024 | 43.23% |
| Sep 30, 2024 | 51.92% |
| Jun 30, 2024 | 50.94% |
| Mar 31, 2024 | 45.83% |
| Dec 31, 2023 | 47.83% |
| Sep 30, 2023 | 44.67% |
| Jun 30, 2023 | 46.00% |
| Mar 31, 2023 | 43.68% |
| Dec 31, 2022 | 43.03% |
| Sep 30, 2022 | 41.21% |
| Jun 30, 2022 | 48.66% |
| Mar 31, 2022 | 50.21% |
| Dec 31, 2021 | 54.29% |
| Sep 30, 2021 | 53.85% |
API Access
Planet 13 Holdings Gross Margin 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=gross-margin&ticker=PLNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=PLNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();