Planet 13 Holdings (PLNH) Gross Margin (2021 - 2026)

Planet 13 Holdings (PLNH) reported 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 6 years of Gross Margin data on file, last reported at 44.63% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 44.63%, up 180.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.66% (down 876.0% YoY), and the FY2025 annual result 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.
  • Over five years, Gross Margin peaked at 51.92% in Q3 2024 and troughed at 21.31% in Q3 2025.
  • A 5-year average of 44.35% and a median of 44.63% in 2026 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin soared 5122 bps in 2022, then tumbled 3061 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 43.03% in 2022, then climbed by 11 bps to 47.83% in 2023, then dropped by 10 bps to 43.23% in 2024, then rose by 3 bps to 44.59% in 2025, then climbed 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 49.52%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 71.66%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 82.93%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 49.50%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 98.31%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 57.26%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -293.83%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 65.25%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 61.20%
10 Planet 13 Holdings - - 9.41 Mn 44.63%

Historic Data

Download Data
DateValue
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%