iAnthus Reports Fiscal Third Quarter 2026 Financial Results and Change in Auditor
Key Highlights
- ➤Revenue $38.4 million, up $3.0 million sequentially and year over year
- ➤Adjusted EBITDA $5.2 million, versus $4.4 million in Q2 2026
- ➤Net loss $13.2 million, versus $12.5 million in Q3 2025
- ➤Gross margin 43.5%, down 209 basis points sequentially
- ➤MGO appointed auditor after PKF O’Connor Davies resigned November 12, 2026
Expert Statements
Jason Ware, Chief Financial Officer of iAnthus Capital Holdings, Inc.
“Jason Ware”
NEW YORK and TORONTO, Nov. 12, 2026 (GLOBE NEWSWIRE) -- iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN, OTCID: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, today reported its financial results for the third quarter ended September 30, 2026. The Company’s Quarterly Report on Form 10-Q (the “Quarterly Report”), which includes its unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2026 and the related management’s discussion and analysis of financial condition and results of operations, can be accessed on the Securities and Exchange Commission’s (“SEC’s”) website at www.sec.gov, on the System for Electronic Document Analysis and Retrieval's (SEDAR+) website at www.sedarplus.com, and on the Company’s website at www.iAnthus.com. The Company’s financial statements are reported in accordance with U.S. generally accepted accounting principles (“GAAP”). All currency is expressed in U.S. dollars.
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