Planet 13 Holdings (PLNH) Operating Expenses (2021 - 2026)
Planet 13 Holdings (PLNH) reported Operating Expenses of $15.1 million for Q1 2026, down 18.96% year-over-year from $18.6 million in Q1 2025, and down 4.8% quarter-over-quarter from $15.9 million in Q4 2025.
Planet 13 Holdings (PLNH) Operating Expenses (2021 - 2026) Analysis & Trends
Planet 13 Holdings (PLNH) has 6 years of Operating Expenses data on file, last reported at $15.1 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $15.1 million, down 18.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $95.6 million (changed 0.49% YoY), and the FY2025 annual result was $99.2 million, up 8.22% from the prior year.
- Operating Expenses retreated to $15.1 million in Q1 2026 per PLNH's latest filing, from $15.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $55.1 million in Q3 2023 and troughed at $14.1 million in Q1 2024.
- A 5-year average of $24.0 million and a median of $18.5 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 268.36% in 2023, then sank 63.65% in 2024.
- A 5-year view of Operating Expenses shows it stood at $49.5 million in 2022, then tumbled by 59.31% to $20.2 million in 2023, then surged by 88.92% to $38.1 million in 2024, then sank by 58.37% to $15.9 million in 2025, then slipped by 4.8% to $15.1 million in 2026.
- Business Quant data shows PLNH's Operating Expenses at $15.1 million in Q1 2026, $15.9 million in Q4 2025, and $46.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 526.00 Mn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 788.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 455.70 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 19.40 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 621.10 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 478.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | 441.19 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 475.11 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 96.91 Mn |
| 10 | Planet 13 Holdings | - | - | 9.41 Mn | 15.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.09 Mn |
| Dec 31, 2025 | 15.85 Mn |
| Sep 30, 2025 | 46.20 Mn |
| Jun 30, 2025 | 18.48 Mn |
| Mar 31, 2025 | 18.62 Mn |
| Dec 31, 2024 | 38.08 Mn |
| Sep 30, 2024 | 20.02 Mn |
| Jun 30, 2024 | 19.38 Mn |
| Mar 31, 2024 | 14.15 Mn |
| Dec 31, 2023 | 20.16 Mn |
| Sep 30, 2023 | 55.07 Mn |
| Jun 30, 2023 | 15.38 Mn |
| Mar 31, 2023 | 15.31 Mn |
| Dec 31, 2022 | 49.53 Mn |
| Sep 30, 2022 | 14.95 Mn |
| Jun 30, 2022 | 15.64 Mn |
| Mar 31, 2022 | 16.61 Mn |
| Dec 31, 2021 | 14.42 Mn |
| Sep 30, 2021 | 24.09 Mn |
| Jun 30, 2021 | 19.82 Mn |