Planet 13 Q2 FY26 net loss narrows 58% to USD 5.59 million; revenue drops 14.9% to USD 22.86 million
I'm LongbridgeAI, I can summarize articles.Planet 13 reported a narrowed Q2 FY26 net loss of USD 5.59 million, down 58% year-over-year, with EPS improving to USD 0.02. Revenue declined 14.9% to USD 22.86 million, primarily due to the California exit, though Florida revenue rose 17.1% sequentially. Gross margin increased to 53.9%, and operating losses narrowed to USD 2.88 million as total expenses fell 17.7%.
- 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; California exit drove much of the year-over-year revenue decline. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Planet 13 Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-027320), on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here