Earnings Releases·Nov 12, 2026, 5:21 PM ET

iAnthus Capital Holdings, Inc. — Q3 2026 Earnings Summary

Revenue rose $3.0 million sequentially to $38.4 million and $3.0 million year-over-year to $38.4 million, while gross margin contracted 209 basis points sequentially to 43.5% and 58 basis points year-over-year to 43.5%.
Net loss narrowed to $13.2 million from $14.4 million in Q2 2026 but widened from $12.5 million in Q3 2025; Adjusted EBITDA improved to $5.2 million from $4.4 million (Q2) and $2.5 million (Q3 2025).
The company appointed Macias Gini & O'Connell LLP as its independent registered public accounting firm effective November 12, 2026, following the resignation of PKF O'Connor Davies, LLP.
Material weaknesses were identified in the Company's Annual Form 10-K for fiscal years 2023, 2024, and 2025, though no reportable disagreements occurred with the former auditor.