Planet Green Holdings Corp.PLAGEarnings & Financial Report
NYSE · cannabis industry
Planet 13 Holdings, Inc. is a cannabis company based in Nevada, United States. On Nov 1, 2018, the company opened its cannabis dispensary in Las Vegas which became the largest cannabis dispensary in the world at 112,000 square feet.
PLAG Q3 2025 Key Financial Metrics
Revenue
$771.6K
Gross Profit
$28.3K
Operating Profit
$-3.4M
Net Profit
$-12.1M
Gross Margin
3.7%
Operating Margin
-435.0%
Net Margin
-1574.4%
YoY Growth
-57.4%
Financial Flow
Planet Green Holdings Corp. Q3 2025 Financial Summary
Planet Green Holdings Corp. reported revenue of $771.6K for Q3 2025, with a net profit of $-12.1M (-1574.4% margin). Cost of goods sold was $743.3K, operating expenses totaled $3.4M.
Key Financial Metrics
| Total Revenue | $771.6K |
|---|---|
| Net Profit | $-12.1M |
| Gross Margin | 3.7% |
| Operating Margin | -435.0% |
| Report Period | Q3 2025 |
Planet Green Holdings Corp. Annual Revenue by Year
Planet Green Holdings Corp. annual revenue history includes year-by-year totals (for example, 2024 revenue was $6.7M).
| Year | Annual Revenue |
|---|---|
| 2024 | $6.7M |
| 2023 | $27.1M |
| 2022 | $44.8M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.8M | $1.5M | $1.9M | $1.8M | $1.4M | $840333 | $906996 | $771636 |
| YoY Growth | 41.0% | -82.1% | -57.5% | -56.7% | -85.3% | -45.1% | -53.4% | -57.4% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $42.6M | $42.9M | $42.2M | $41.9M | $25.4M | $26.1M | $28.1M | $12.3M |
| Liabilities | $23.2M | $24.6M | $25.7M | $26.4M | $13.7M | $15.2M | $18.1M | $12.9M |
| Equity | $19.4M | $18.3M | $16.5M | $15.5M | $11.7M | $11.0M | $10.1M | $-573528 |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.0M | $183614 | $-844481 | $709328 | $880183 | $-346698 | $-1.7M | $697489 |
