Planet 13 Q2 FY26 net loss narrows 58% to USD 5.59 million; revenue drops 14.9% to USD 22.86 million
PLNH•Q2 FY26 results
Planet 13 posted Q2 net revenue of USD 22.86 million, down 14.9% year over year.
- Net loss narrowed to USD 5.59 million; loss per share improved to USD 0.02.
- Gross margin rose 10.5 percentage points to 53.9%.
- Operating loss narrowed to USD 2.88 million; total expenses fell 17.7% to USD 15.21 million.
- Florida revenue rose 17.1% sequentially; the California exit drove much of the year-over-year revenue decline.
