Planet 13 Holdings (PLNH) Operating Margin (2021 - 2026)
Planet 13 Holdings (PLNH) posted Operating Margin of -12.62% for Q2 2026, up 12.80 percentage points from -25.42% a year earlier and up 14.30 percentage points from the prior quarter.
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Analysis
Planet 13 Holdings (PLNH) Operating Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Planet 13 Holdings was -58.86%, down 23.28 percentage points year-over-year; for FY2025, it came in at -57.35%, down 26.84 percentage points from FY2024.
- Annual Operating Margin shows a four-year change of -50.79 percentage points (FY2021 to FY2025).
- In prior years, Planet 13 Holdings' Operating Margin was -30.51% in FY2024 (+31.52 pp), -62.03% in FY2023 (-15.40 pp), -46.62% in FY2022 (-40.07 pp) and -6.56% in FY2021.
- The Q2 2026 figure stands as the highest quarterly Operating Margin since Q3 2024.
- On a year-over-year basis, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of +1.23 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q3 2024, with a gain of 167.16 percentage points; the weakest was Q3 2025, with a drop of 166.91 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -26.91% (Q1 2026), -18.25% (Q4 2025) and -177.25% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 40.48% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 51.32% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 1.24% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 12.90% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | -136.75% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 6.51% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 10.49% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 11.69% |
| 10 | Planet 13 Holdings | 43.59 Mn | 8.50 Mn | 12.32 Mn | -12.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.62% |
| Mar 31, 2026 | -26.91% |
| Dec 31, 2025 | -18.25% |
| Sep 30, 2025 | -177.25% |
| Jun 30, 2025 | -25.42% |
| Mar 31, 2025 | -23.59% |
| Dec 31, 2024 | -82.50% |
| Sep 30, 2024 | -10.34% |
| Jun 30, 2024 | -11.39% |
| Mar 31, 2024 | -16.02% |
| Dec 31, 2023 | -39.92% |
| Sep 30, 2023 | -177.50% |
| Jun 30, 2023 | -13.56% |
| Mar 31, 2023 | -17.77% |
| Dec 31, 2022 | -156.33% |
| Sep 30, 2022 | -17.14% |
| Jun 30, 2022 | -6.40% |
| Mar 31, 2022 | -14.44% |
| Dec 31, 2021 | -6.71% |
| Sep 30, 2021 | -12.54% |
API Access
Planet 13 Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=PLNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "PLNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=PLNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();