| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 35.35 | 5.5% | 0.5% |
| Total Income | 35.35 | 5.5% | 0.5% |
| Expenditure | 37.63 | 5.1% | 7.2% |
| PBT | -7.39 | 1.1% | 49.4% |
| Net Profit | -14.42 | 0.8% | 23.0% |
| OPM | -6.45% | 0.39pp | 8.82pp |
| NPM | -40.80% | 1.90pp | 12.39pp |
| EPS | 0.00 |
iAnthus Reports Q2 2026 Financial Results and Secures $2.5 Million Credit Line
13 Aug 2026 · 13 Aug, 2:32 am
Summary
iAnthus Capital Holdings, Inc. reported its financial results for the second quarter ended June 30, 2026, with revenue reaching $35.3 million, a marginal increase year-over-year. The company achieved a gross profit of $16.1 million and a gross margin of 45.5%. While a net loss of $14.4 million was recorded, Adjusted EBITDA showed substantial improvement, rising to $4.4 million from $1.9 million in the prior year's second quarter. Additionally, the company secured a $2.5 million revolving line of credit to fund future growth opportunities.
Key Highlights
- 1
Revenue for the second quarter of 2026 was $35.3 million, a slight increase of $0.2 million from the same quarter in the prior year.
- 2
Gross profit for Q2 2026 was $16.1 million, with a gross margin of 45.5%.
- 3
The company reported a net loss of $14.4 million for Q2 2026, compared to a net loss of $18.7 million in the same quarter of the prior year.
- 4
Adjusted EBITDA significantly increased to $4.4 million in Q2 2026, up from $1.9 million in Q2 2025.
- 5
iAnthus obtained a revolving line of credit of up to $2,500,000 to pursue future opportunities in New York or Florida.
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