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
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%