Planet 13 Holdings (PLNH) Operating Expenses (2021 - 2026)
Planet 13 Holdings' (PLNH) quarterly Operating Expenses came in at $15.2 million in Q2 2026, down 17.73% year-over-year from $18.5 million in Q2 2025, and up 0.78% quarter-over-quarter from $15.1 million in Q1 2026.
Analysis
Planet 13 Holdings (PLNH) Operating Expenses (2021 - 2026) Analysis & Trends
Planet 13 Holdings (PLNH) has reported Operating Expenses for 6 consecutive years, with $15.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 17.73% year-over-year to $15.2 million in Q2 2026; TTM through Jun 2026 was $92.4 million, a 2.99% decrease from a year earlier, with the FY2025 full-year figure at $99.2 million, up 8.22% from the prior year.
- Operating Expenses was $15.2 million for Q2 2026 at Planet 13 Holdings, up from $15.1 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 $23.5 million and a median of $17.5 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 268.36% in 2023 and slumped 63.65% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $49.5 million in 2022, then plunged by 59.31% to $20.2 million in 2023, then jumped by 88.92% to $38.1 million in 2024, then slumped by 58.37% to $15.9 million in 2025, then fell by 4.06% to $15.2 million in 2026.
- The last three Operating Expenses figures came in at $15.2 million (Q2 2026), $15.1 million (Q1 2026), and $15.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 165.69 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 532.81 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 117.91 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 21.05 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 18.76 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 101.60 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 106.98 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 96.56 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 32.06 Mn |
| 10 | Planet 13 Holdings | 45.53 Mn | 29.05 Mn | 12.32 Mn | 15.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.21 Mn |
| 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 | 17.62 Mn |
| Sep 30, 2021 | 26.05 Mn |