Planet 13 Holdings (PLNH) Gross Margin (2021 - 2026)
Planet 13 Holdings (PLNH) posted quarterly Gross Margin of 44.63% for Q1 2026, up 180.0% year-over-year from 15.94% in Q1 2025, and little changed quarter-over-quarter from 44.59% in Q4 2025.
Planet 13 Holdings (PLNH) Gross Margin (2021 - 2026) Analysis & Trends
Planet 13 Holdings (PLNH) has reported Gross Margin for 6 consecutive years, with 44.63% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 180.0% year-over-year to 44.63%; the TTM figure through Mar 2026 stood at 38.66% (down 876.0% YoY), while the FY2025 annual figure was 38.57%, down 963.0% from the prior year.
- Gross Margin steadied at 44.63% in Q1 2026 per PLNH's latest filing, from 44.59% in the prior quarter.
- Across five years, Gross Margin topped out at 51.92% in Q3 2024 and bottomed at 21.31% in Q3 2025.
- Historically, Gross Margin has averaged 44.35% across 5 years, with a median of 44.63% in 2026.
- Annual changes were most pronounced in 2022 — Gross Margin soared 5122 bps — and 2025, when it tumbled 3061 bps.
- Planet 13 Holdings' Gross Margin stood at 43.03% in 2022, then grew by 11 bps to 47.83% in 2023, then declined by 10 bps to 43.23% in 2024, then gained by 3 bps to 44.59% in 2025, then grew by 0 bps to 44.63% in 2026.
- Business Quant data shows PLNH's Gross Margin at 44.63% in Q1 2026, 44.59% in Q4 2025, and 21.31% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.83 Bn | 42.86 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 42.87 Bn | 39.22 Bn | 2.15 Bn | 51.98% |
| 3 | Zoetis | 31.41 Bn | 29.73 Bn | 1.05 Bn | 42.63% |
| 4 | Takeda Pharmaceutical | 28.55 Bn | 22.75 Bn | 5.10 Bn | 66.66% |
| 5 | United Therapeutics | 22.08 Bn | 19.42 Bn | 683.80 Mn | 87.30% |
| 6 | Viatris | 18.73 Bn | 17.84 Bn | 1.46 Bn | 38.77% |
| 7 | Neurocrine Biosciences | 15.44 Bn | 15.05 Bn | 935.80 Mn | 97.58% |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn | 58.33% |
| 9 | Dr Reddys Laboratories | 10.11 Bn | 9.94 Bn | - | - |
| 10 | Planet 13 Holdings | 50.16 Mn | 33.68 Mn | 12.32 Mn | 53.91% |
Historic Data
Download 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% |