Filing Flows › iANTHUS Capital Holdings (ITHUF) › Q2 2026
iANTHUS Capital Holdings (ITHUF) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
iANTHUS Capital Holdings (ITHUF) reported revenue of $35.3M for the second quarter 2026 (Q2 2026), +0.5% from a year earlier and +5% from the quarter before. Operating margin was -6.4%, net loss $14.4M (40.8% of revenue).
iANTHUS Capital Holdings, Q2 2026: revenue $35.3M (+0.5% year over year), operating margin -6.4%, net loss $14.4M, operating cash flow $761K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.3M | +5% | +0.5% |
| Operating profit | −$2.3M | — | — |
| Net earnings | −$14.4M | — | — |
| Operating cash flow | $761K | -25% | -76% |
What changed
Revenue was $35.3M in Q2 2026, roughly flat year over year and up 5% from the previous quarter. Ianthus Branded Products was the largest line at 44% of revenue. Wholesale Bulk Other Products added $1.7M year over year (up 26%), 1023% of the total change. Ianthus Branded Products declined 5%.
Gross margin was 45.5%, down 0.4 points from Q2 2025. Operating costs exceeded revenue by $2.3M, an operating margin of -6.4%. Operating expenses fell 15% while revenue was flat. The quarter ended with a net loss of $14.4M, wider than the previous quarter's $14.3M loss.
Operating cash flow was $761K (down 76% year over year). Non-cash charges added back $4.7M of depreciation and amortization and $522K of share-based compensation. Working capital and other items added $10.0M. Capital expenditures of $3.6M exceeded it, leaving free cash flow of −$2.9M.
Questions
What was iANTHUS Capital Holdings' revenue in the second quarter 2026?
iANTHUS Capital Holdings (ITHUF) reported revenue of $35.3M for the second quarter 2026 (Q2 2026), +0.5% from a year earlier and +5% from the quarter before.
Was iANTHUS Capital Holdings profitable in the second quarter 2026?
Operating loss was $2.3M (-6.4% of revenue) and net loss $14.4M.