| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 38.37 | 8.5% | 8.4% |
| Total Income | 38.37 | 8.5% | 8.4% |
| Expenditure | 40.00 | 6.3% | 0.9% |
| PBT | -6.18 | 16.4% | 31.9% |
| Net Profit | -13.20 | 8.5% | 5.2% |
| OPM | -4.25% | 2.20pp | 7.75pp |
| NPM | -34.40% | 6.41pp | 1.05pp |
| EPS | 0.00 |
iAnthus Reports Q3 2026 Financial Results and Change in Auditor
13 Nov 2026 · 2h ago
Summary
iAnthus Capital Holdings, Inc. reported its financial results for the third quarter ended September 30, 2026. Revenue reached $38.4 million, showing an increase from both the previous quarter and the prior year's same quarter. While gross margin saw a slight decrease year-over-year to 43.5%, gross profit increased to $16.7 million. The company reported a net loss of $13.2 million for the quarter, and Adjusted EBITDA showed significant improvement, rising to $5.2 million from $2.5 million in Q3 2025. The company also announced a change in its independent registered public accounting firm.
Key Highlights
- 1
Revenue for the third quarter ended September 30, 2026, was $38.4 million, a sequential increase of $3.0 million from Q2 2026 and an increase of $3.0 million from the same quarter in the prior year.
- 2
Gross profit for Q3 2026 was $16.7 million, an increase of $1.1 million from the same quarter in the prior year.
- 3
Gross margin was 43.5% in Q3 2026, a decrease of 58 basis points from the same quarter in the prior year.
- 4
The company reported a net loss of $13.2 million for Q3 2026, compared to a net loss of $12.5 million in the same quarter of the prior year.
- 5
Adjusted EBITDA for Q3 2026 was $5.2 million, an increase from $2.5 million in the same quarter of the prior year.
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