Planet 13 Holdings Inc. (PLNH) reported third-quarter 2026 revenue of $23.1 million and a net loss of $6.4 million for the three months ended September 30, 2026. Revenue declined 0.8% from $23.3 million a year earlier but rose 1.0% sequentially from $22.9 million in the second quarter.
Gross profit was $13.0 million, or 56.2% of revenue, compared with $5.0 million, or 21.3%, in the prior-year quarter. The company reported a basic and diluted loss per share of $0.02.
- Florida revenue increased 15.1% sequentially and 45% year over year.
- Adjusted EBITDA loss was $0.2 million, compared with a $4.1 million loss a year earlier.
- Cash and restricted cash totaled $15.7 million at September 30, 2026.
- Planet 13 said stockholders are scheduled to vote December 10, 2026, on its proposed merger with Vireo Growth.
$PLNH Hedge Fund Activity
We have seen 0 institutional investors add shares of $PLNH stock to their portfolio, and 1 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MASSMUTUAL PRIVATE WEALTH & TRUST, FSB removed 20 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2
- RHUMBLINE ADVISERS added 0 shares (+0.0%) to their portfolio in Q3 2026, for an estimated $0
- FRONT ROW ADVISORS LLC added 0 shares (+0.0%) to their portfolio in Q2 2026, for an estimated $0
- LEO H. EVART, INC. added 0 shares (+0.0%) to their portfolio in Q2 2026, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
