Planet Green Holdings Corp. (PLAG) Income Statement
PLAG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPLAG revenue and net income
Where PLAG's revenue goes
2025Each bar shows an amount and its share of revenue. PLAG kept −887.2% of revenue as net income.
PLAG profit margins
PLAG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −54.8% | −59.2% | −3.5% | −34.7% |
| Gross profit | −86.7% | −71.5% | −39.7% | −44.5% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | −1,621.4% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PLAG quarterly EPS vs estimates
Next report: November 13, 2026.
PLAG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0M | $6.7M | $27.1M | $44.8M | $37.8M | $3.6M | $1.1M | $6.8M | $5.1M | $79.7M |
| Cost of revenue | $2.9M | $6.0M | $25.7M | $40.4M | $33.9M | $2.4M | $464,402 | $6.5M | $5.5M | $69.2M |
| Gross profit | $100,937 | $761,592 | $1.4M | $4.4M | $3.8M | $1.3M | $642,080 | $304,659 | −$354,981 | $10.5M |
| Research & development | $70,222 | $57,080 | $269,515 | $402,729 | $808,383 | $0 | — | — | $0 | $0 |
| Sales, general & admin | $17.7M | $7.4M | $9.9M | $9.2M | $9.3M | $4.1M | $944,982 | $889,084 | $41.0M | $40.8M |
| Total operating expenses | $17.7M | $7.4M | $10.2M | $9.6M | $10.1M | $4.1M | $944,982 | $889,084 | $41.0M | $45.7M |
| Operating income | −$17.6M | −$6.7M | −$8.8M | −$5.3M | −$6.2M | −$2.8M | −$302,902 | −$584,425 | −$41.4M | −$35.2M |
| Interest income | $139 | $396 | $827 | $9,390 | $1,455 | $63 | $186 | $369 | $0 | $47,188 |
| Interest expense | $155,538 | $70,542 | $496,107 | $633,787 | $646,572 | $23,470 | $9,725 | $13 | $4.1M | $0 |
| Income before taxes | −$17.8M | −$7.5M | −$20.8M | −$15.3M | −$9.9M | −$11.2M | $8.5M | −$149,081 | −$47.2M | −$85.3M |
| Income taxes | $11,299 | $35,303 | $35,303 | $1.5M | $56,450 | $8.3M | −$8.8M | $164,384 | $161,192 | $1.9M |
| Net income | −$27.0M | −$7.3M | −$20.8M | −$25.8M | −$10.0M | −$11.1M | $2.9M | $3.4M | −$32.3M | −$136.0M |
| EBITDA | −$16.7M | −$6.4M | −$6.6M | −$13.2M | −$3.6M | −$10.7M | −$88,856 | $644,125 | −$41.0M | −$33.0M |
| EPS (diluted) | −$2.13 | $0.14 | −$0.29 | −$0.38 | −$0.38 | −$1.70 | −$0.84 | $25.16 | −$1.07 | −$60.25 |
| Gross margin | 3.3% | 11.3% | 5.3% | 9.7% | 10.2% | 34.9% | 58.0% | 4.5% | −6.9% | 13.2% |
| Operating margin | −580.3% | −99.0% | −32.3% | −11.8% | −16.5% | −76.6% | −27.4% | −8.6% | −809.3% | −44.2% |
| Net margin | −887.2% | −108.9% | −76.9% | −57.7% | −26.5% | −303.7% | 266.4% | 50.4% | −631.7% | −170.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $790,203 | $6.4M | $521,651 | $771,636 | $906,996 | $840,333 | $1.4M | $1.8M | $1.9M | $1.5M | $3.5M | $4.6M |
| Cost of revenue | $1.5M | $5.0M | $512,418 | $799,401 | $898,438 | $785,480 | $1.2M | $1.7M | $1.9M | $1.2M | $3.4M | $4.5M |
| Gross profit | −$703,264 | $1.3M | $9,233 | −$27,765 | $8,558 | $54,853 | $215,407 | $116,075 | $67,305 | $352,913 | $132,761 | $42,654 |
| Research & development | $836 | $12,382 | $16,334 | $17,420 | $20,130 | $16,338 | $52,698 | $31,793 | $32,287 | $16,132 | $61,985 | $65,188 |
| Sales, general & admin | $456,401 | $951,095 | $13.1M | $3.4M | $676,694 | $755,343 | $3.7M | $1.2M | $1.3M | $918,436 | $1.4M | $1.2M |
| Total operating expenses | $457,237 | $774,219 | $13.1M | $3.3M | $696,824 | $771,681 | $4.9M | $1.2M | $1.3M | $934,568 | $1.5M | $1.3M |
| Operating income | −$1.2M | $554,324 | −$13.1M | −$3.4M | −$688,266 | −$716,828 | −$3.4M | −$1.1M | −$1.2M | −$581,655 | −$1.3M | −$1.3M |
| Interest income | $313 | $33 | $4 | $30 | $71 | $34 | $21 | $110 | $72 | $235 | $303 | $261 |
| Interest expense | $303 | $49,144 | $47,401 | $48,461 | $37,164 | $22,512 | $408,721 | $164,725 | $191,491 | $123,047 | $123,216 | $129,521 |
| Income before taxes | −$1.2M | $502,855 | −$13.1M | −$3.4M | −$727,225 | −$739,993 | −$3.1M | −$1.2M | −$2.1M | −$593,123 | −$1.5M | −$12.2M |
| Income taxes | $8,776 | $169.1M | $9 | $11,290 | — | $56.9M | — | — | −$7.80B | −$76,842 | $33,447 | $31,074 |
| Net income | −$906,159 | $311,926 | −$13.3M | −$12.1M | −$773,581 | −$796,902 | −$3.3M | −$1.2M | $5.7M | −$1.1M | −$1.3M | −$12.2M |
| EBITDA | −$1.1M | $753,388 | −$12.7M | −$3.3M | −$440,045 | −$531,985 | — | −$527,209 | −$1.4M | −$320,562 | −$763,261 | −$11.5M |
| EPS (diluted) | −$0.08 | $0.02 | −$1.46 | −$0.47 | −$0.10 | −$0.10 | −$0.46 | −$0.16 | $0.78 | −$0.01 | −$0.02 | −$0.17 |
| Gross margin | −89.0% | 20.9% | 1.8% | −3.6% | 0.9% | 6.5% | 14.9% | 6.4% | 3.5% | 23.5% | 3.8% | 0.9% |
| Operating margin | −146.9% | 8.7% | −2,505.8% | −435.0% | −75.9% | −85.3% | −237.3% | −60.4% | −62.8% | −38.7% | −38.1% | −27.3% |
| Net margin | −114.7% | 4.9% | −2,541.3% | −1,574.4% | −85.3% | −94.8% | −231.9% | −65.4% | 292.3% | −71.9% | −36.3% | −266.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PLAG's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PLAG financial results
In fiscal year 2025 (ended December 31, 2025), Planet Green reported revenue of $3.0 million, down 54.8% from the year before. It had a net loss of $27.0 million, a net profit margin of −887.2%. Diluted earnings per share came to −$2.13. Over five years revenue grew at an average rate of −3.5% a year.
See the PLAG stock overview for the latest quote and news, or the PLAG chart for price history and technical indicators.
PLAG income statement FAQ
What is Planet Green's annual revenue?
Planet Green reported total revenue of $3.0 million for fiscal year 2025, which ended on December 31, 2025. That was down 54.8% from $6.7 million the previous year.
Is Planet Green profitable?
No. Planet Green reported a net loss of $27.0 million in fiscal 2025, a net profit margin of −887.2%; its operating margin was −580.3%.
What is Planet Green's gross margin?
Planet Green's gross margin was 3.3% in fiscal 2025: for every $100 of revenue, Planet Green kept $3 after the direct cost of its products and services.
How much does Planet Green spend on research and development?
Planet Green spent $0.1 million on research and development in fiscal 2025, 2.3% of revenue.
How fast is Planet Green growing?
Revenue grew −3.5% a year on average over the last five fiscal years, from $3.6 million to $3.0 million.
What are Planet Green's earnings per share?
Planet Green earned $-2.13 per diluted share in fiscal 2025, compared with $0.14 a year earlier.
When will Planet Green report its next earnings?
Planet Green is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Planet Green's fiscal year end?
Planet Green's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.