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| 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% |