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How IANTHUS CAPITAL HOLDINGS, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$144M · 100%Cost of revenue$78.3M · 54%Gross profit$65.7M · 46%Operating income−$15.4M · −11%Income before tax−$23.2M · −16%Income tax$17M · 12%Net income−$40.2M · −28%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$144M100%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-128941 · filed Mar 27, 2026
Cost of revenue$78.3M54%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-128941 · filed Mar 27, 2026
$65.7M46%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-128941 · filed Mar 27, 2026
−$15.4M−11%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-128941 · filed Mar 27, 2026
Income before tax−$23.2M−16%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-128941 · filed Mar 27, 2026
Income tax$17M12%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-128941 · filed Mar 27, 2026
−$40.2M−28%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-128941 · filed Mar 27, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-128941 · filed Mar 27, 2026
· event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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