Planet 13 Holdings (PLNH) Operating Expenses (2021 - 2026)
Planet 13 Holdings (PLNH) posted quarterly 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 reported Operating Expenses for 6 consecutive years, with $15.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 18.96% year-over-year to $15.1 million; the TTM figure through Mar 2026 stood at $95.6 million (changed 0.49% YoY), while the FY2025 annual figure was $99.2 million, up 8.22% from the prior year.
- Operating Expenses declined to $15.1 million in Q1 2026 per PLNH's latest filing, from $15.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $55.1 million in Q3 2023 and bottomed at $14.1 million in Q1 2024.
- Historically, Operating Expenses has averaged $24.0 million across 5 years, with a median of $18.5 million in 2025.
- Annual changes were most pronounced in 2023 — Operating Expenses soared 268.36% — and 2024, when it sank 63.65%.
- Planet 13 Holdings' Operating Expenses stood at $49.5 million in 2022, then plunged by 59.31% to $20.2 million in 2023, then soared by 88.92% to $38.1 million in 2024, then slumped by 58.37% to $15.9 million in 2025, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.76 Bn | 42.79 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.38 Bn | 39.73 Bn | 2.15 Bn | 1.29 Bn |
| 3 | Zoetis | 31.61 Bn | 29.93 Bn | 1.05 Bn | 215.00 Mn |
| 4 | Takeda Pharmaceutical | 28.64 Bn | 22.84 Bn | 5.10 Bn | -2.85 Bn |
| 5 | United Therapeutics | 22.20 Bn | 19.54 Bn | 683.80 Mn | 452.50 Mn |
| 6 | Viatris | 18.82 Bn | 17.93 Bn | 1.46 Bn | 1.45 Bn |
| 7 | Neurocrine Biosciences | 15.67 Bn | 15.28 Bn | 935.80 Mn | 807.50 Mn |
| 8 | Elanco Animal Health | 12.11 Bn | 11.58 Bn | 798.00 Mn | 550.00 Mn |
| 9 | Dr Reddys Laboratories | 10.10 Bn | 9.94 Bn | - | - |
| 10 | Planet 13 Holdings | 46.72 Mn | 30.24 Mn | 12.32 Mn | 15.21 Mn |
Historic Data
Download 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 | 13.74 Mn |
| Sep 30, 2021 | 24.67 Mn |