---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-042493"
form_type: "8-K"
ticker: "ITHUF"
cik: "0001643154"
company_name: "iANTHUS CAPITAL HOLDINGS, INC."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T11:27:49.548105+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# iAnthus Q2 revenue $38.7M, down 11% YoY; adjusted EBITDA turns negative $0.4M

## Summary
- Revenue $38.7M, up 5.2% sequentially but down 11.0% YoY from $43.5M.
- Gross margin improved to 47.5% from 45.2% YoY; gross profit $18.4M.
- Net loss $20.1M ($0.00/share); vs $18.6M loss in Q1 2023 and $373.6M loss in Q2 2022.
- Adjusted EBITDA loss of $0.4M versus positive $0.9M in Q1 2023 and $2.3M in Q2 2022.
- Non-recurring charges of $1.1M from recapitalization, strategic review, and legal disputes.

## SEC filing metadata
- accession: 0000950170-23-042493
- form_type: 8-K
- ticker: ITHUF
- cik: 0001643154
- company_name: iANTHUS CAPITAL HOLDINGS, INC.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643154/000095017023042493/0000950170-23-042493-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643154/000095017023042493/ithuf-20230814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-042493
- JSON: https://secwatch.observer/filing/0000950170-23-042493.json
- Plain text: https://secwatch.observer/filing/0000950170-23-042493.txt

## Key facts
- Earnings Releases
  iANTHUS CAPITAL HOLDINGS, INC. reported the second quarter ended June 30, 2023 results: revenue $38.7 million, net income $20.1 million, EPS $0.00 per share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $38.7 million
  - Net income: $20.1 million
  - EPS: $0.00 per share
  - Result: reported results
  source text: in accordance with U.S. generally accepted accounting principles (“GAAP”). All currency is expressed in U.S. dollars. Second Quarter 2023 Financial Highlights • Revenue of $38.7 million, a sequential increase of 5.2% from Q1 2023 and a decrease of 11.0% from the same quarter in the prior year. • Gross profit of $18.4 million, a sequential increase of 18.7% from
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643154/000095017023042493/0000950170-23-042493-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.