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Planet 13 Holdings vs Local Bounti: PLNH and LOCL compared
Planet 13 Holdings is the larger company: $22.9M of revenue in its latest quarter (Q2 2026) against $13.8M for Local Bounti (Q2 2026). Local Bounti is growing faster (+14% against -15% a year earlier). Planet 13 Holdings is more profitable, with an operating margin of -11.9% against -100.7%.
Where the money goes: PLNH and LOCL
Planet 13 Holdings (PLNH) · Q2 2026
Planet 13 Holdings, Q2 2026: revenue $22.9M (-15% year over year), operating margin -11.9%, net loss $5.6M, operating cash flow $602K. The chart follows the revenue to costs, profit and cash.
Local Bounti (LOCL) · Q2 2026
Local Bounti, Q2 2026: revenue $13.8M (+14% year over year), operating margin -100.7%, net loss $19.8M, operating cash flow −$7.4M. The chart follows the revenue to costs, profit and cash.
| Planet 13 Holdings (PLNH) | Local Bounti (LOCL) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $22.9M | $13.8M |
| Revenue growth, Y/Y | -15% | +14% |
| Operating margin | -11.9% | -100.7% |
| Net earnings | −$5.6M | −$19.8M |
| Net margin | -24.4% | -143.1% |
| Operating cash flow | $602K | −$7.4M |
| Free cash flow | $179K | — |
Where the revenue comes from
Planet 13 Holdings
- Retail: $22.3M (98%)
- Wholesale: $563K (2%)
Questions
Which is bigger, Planet 13 Holdings or Local Bounti?
Planet 13 Holdings is the larger company: $22.9M of revenue in its latest quarter (Q2 2026) against $13.8M for Local Bounti (Q2 2026).
Is Planet 13 Holdings or Local Bounti growing faster?
Local Bounti is growing faster (+14% against -15% a year earlier).
Which is more profitable, Planet 13 Holdings or Local Bounti?
Planet 13 Holdings is more profitable, with an operating margin of -11.9% against -100.7%.
More: Planet 13 Holdings earnings · how Planet 13 Holdings makes money · Local Bounti earnings · how Local Bounti makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 12, 2026; 10-Q filed Aug 12, 2026). Fiscal quarters can end on different dates. Not investment advice.