Quarterly ResultMay 12, 2026, 04:19 PM
iAnthus Q1 Revenue $33.5M; Net Loss $14.3M
AI Summary
iAnthus Capital Holdings reported its first quarter 2026 financial results, with revenue decreasing to $33.5 million. The company recorded a net loss of $14.3 million, a significant decline from a net income of $5.2 million in the prior year's quarter. Adjusted EBITDA also saw a sequential decrease to $3.4 million.
Key Highlights
- Revenue was $33.5 million, a sequential decrease of $1.8 million from Q4 2025.
- Net loss reached $14.3 million, compared to a net income of $5.2 million in Q1 2025.
- Gross profit increased sequentially by $0.8 million to $15.9 million.
- Gross margin improved sequentially by 477 bps to 47.5%.
- Adjusted EBITDA was $3.4 million, a sequential decrease from $5.4 million in Q4 2025.
Price Impact
More from ITHUF