Planet 13 Holdings (PLNH) Gross Margin (2021 - 2026)
Planet 13 Holdings' (PLNH) quarterly Gross Margin came in at 44.63% in Q1 2026, up 180.0% year-on-year from 15.94% in Q1 2025, and little changed on a QoQ basis from 44.59% in Q4 2025.
Planet 13 Holdings (PLNH) Gross Margin (2021 - 2026) Analysis & Trends
Planet 13 Holdings (PLNH) has 6 years of Gross Margin data on file, last reported at 44.63% in Q1 2026.
- On a quarterly basis, Gross Margin rose 180.0% year-over-year to 44.63% in Q1 2026; TTM through Mar 2026 was 38.66%, a 876.0% decrease from a year earlier, with the FY2025 full-year figure at 38.57%, down 963.0% from the prior year.
- Gross Margin for Q1 2026 stood at 44.63%, roughly flat from 44.59% in the prior quarter.
- Over the last five years, Gross Margin for PLNH reached as high as 51.92% in Q3 2024 and fell as low as 21.31% in Q3 2025.
- Historically, Gross Margin has averaged 44.35% across 5 years, with a median of 44.63% in 2026.
- Across the five-year window, Gross Margin jumped 5122 bps in 2022 and sank 3061 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 43.03% in 2022, then rose by 11 bps to 47.83% in 2023, then retreated by 10 bps to 43.23% in 2024, then climbed by 3 bps to 44.59% in 2025, then rose by 0 bps to 44.63% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 44.63% in Q1 2026, 44.59% in Q4 2025, and 21.31% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 49.52% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 71.66% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 62.93% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 82.93% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 32.97% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 98.31% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 57.26% |
| 10 | Planet 13 Holdings | 39.35 Mn | 23.09 Mn | 9.41 Mn | 44.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -2.56% |