TLDR
- PMGC Q2 revenue jumps 92% sequentially to about $1.31 million in June quarter
- Total assets rise 40% from March to approximately $36.6 million by late June
- Cash climbs to a record $18.1 million as PMGC strengthens its balance sheet
- A&B Aerospace adds revenue and expands PMGC’s aerospace manufacturing reach
- Six-month revenue hits $1.99 million, more than triple full-year 2025 revenue
PMGC Holdings (ELAB) rose 2.62% to $0.9202 as the company reported stronger second-quarter revenue and balance sheet growth. Revenue increased 92% sequentially to about $1.31 million during the quarter ended June 30, 2026. Meanwhile, total assets climbed to approximately $36.6 million following acquisitions and expansion across operating subsidiaries.
PMGC Holdings Inc., ELAB
PMGC Holdings Q2 Revenue Rises 92% Sequentially
PMGC generated approximately $1.31 million in second-quarter revenue, compared with no reported revenue during the same 2025 period. Sequentially, revenue increased about 92% from approximately $682,000 recorded during the first quarter of 2026. The company benefited from contributions across its manufacturing, aerospace, bioscience, defense, and specialty packaging operations.
Six-month revenue reached approximately $1.99 million through June, showing continued expansion across PMGC’s operating businesses. That figure represented about 3.4 times the company’s entire fiscal 2025 revenue of approximately $590,000. Therefore, recently acquired businesses have started making a larger contribution to consolidated revenue during 2026.
A&B Aerospace contributed revenue for part of the second quarter after PMGC completed the acquisition on May 11. The Southern California company operates precision machining and aerospace manufacturing facilities under an AS9100D certification. Its customers include Boeing, Honeywell, and Moog across major aerospace and industrial supply chains.
PMGC Assets Climb to $36.6 Million
PMGC reported approximately $36.6 million in total assets at the end of June. That represented a 40% increase from approximately $26 million recorded at the end of March. Assets also increased 184% from approximately $12.87 million reported at the end of 2025.
Shareholders’ equity reached approximately $17.4 million, rising 38% from about $12.6 million during the previous quarter. Equity also increased 122% from year-end 2025 and approximately 92% compared with the prior-year period. The company’s capital base expanded alongside its acquisition activity and operating growth.
Cash and cash equivalents reached approximately $18.1 million at the end of the second quarter. The figure increased from approximately $14.4 million in March and $5.4 million at the end of 2025. Meanwhile, net working capital improved to approximately $6.2 million from $5.1 million in the previous quarter.
Aerospace Acquisition Expands PMGC Operating Platform
PMGC has built its current structure through acquisitions across several industrial and technology-focused businesses. The company now owns five operating businesses spanning aerospace manufacturing, specialty packaging, biosciences, defense technology, and related industrial markets. This diversified structure gives PMGC revenue exposure across several industries rather than relying on one operating segment.
A&B Aerospace generated approximately $4.5 million in trailing 12-month revenue when PMGC completed the acquisition. The business also operated with positive cash flow at closing, adding an established revenue source to PMGC’s portfolio. Its aerospace capabilities also expand PMGC’s presence within commercial and defense-related manufacturing supply chains.
PMGC plans to continue assessing acquisition opportunities across its existing markets and other industries. Management intends to target businesses that can strengthen operations and contribute long-term value across the holding company’s portfolio. The latest quarterly figures show that acquisition activity has already expanded PMGC’s revenue base and balance sheet during 2026.
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Source: https://blockonomi.com/pmgc-holdings-elab-stock-q2-revenue-jumps-92-as-assets-reach-36-6m/