PMGC Holdings Sees 92% Revenue Surge Amid Aerospace Acquisition
PMGC Holdings Inc., ticker symbol ELAB, reported a significant increase in revenue and assets for its second quarter ended June 30, 2026. The company's Q2 revenue jumped 92% sequentially to approximately $1.31 million, compared to $682,000 in the previous quarter.
The six-month revenue reached about $1.99 million through June, more than triple the full-year 2025 revenue of approximately $590,000. This expansion is attributed to contributions from its manufacturing, aerospace, bioscience, defense, and specialty packaging operations.
PMGC's total assets climbed to around $36.6 million by late June, representing a 40% increase from March. The company's cash reserves reached a record high of approximately $18.1 million at the end of the second quarter.
The acquisition of A&B Aerospace on May 11 contributed to PMGC's growth, bringing in revenue and expanding its aerospace manufacturing capabilities. As of June, A&B Aerospace had generated around $4.5 million in trailing 12-month revenue with positive cash flow.