Glass House Brands (GLAS) Change in Taxes (2020 - 2026)
Glass House Brands' (GLAS) quarterly Change in Taxes came in at $25000.0 in Q1 2026, down 7.41% year-on-year from $27000.0 in Q1 2025, and up 101.01% on a QoQ basis from -$2.5 million in Q4 2025.
Glass House Brands (GLAS) Change in Taxes (2020 - 2026) Analysis & Trends
Glass House Brands (GLAS) has 7 years of Change in Taxes data on file, last reported at $25000.0 in Q1 2026.
- On a quarterly basis, Change in Taxes fell 7.41% year-over-year to $25000.0 in Q1 2026; TTM through Mar 2026 was -$2.4 million, a 58.11% increase from a year earlier, with the FY2025 full-year figure at -$2.4 million, up 55.99% from the prior year.
- Change in Taxes for Q1 2026 stood at $25000.0, up from -$2.5 million in the prior quarter.
- Over the last five years, Change in Taxes for GLAS reached as high as $5.9 million in Q3 2023 and fell as low as -$12.8 million in Q4 2023.
- Historically, Change in Taxes has averaged $227.24 across 5 years, with a median of $309000.0 in 2024.
- Across the five-year window, Change in Taxes tumbled 530.22% in 2023 and jumped 371.01% in 2025, its largest moves.
- Year by year, Change in Taxes stood at $3.0 million in 2022, then tumbled by 530.22% to -$12.8 million in 2023, then soared by 84.51% to -$2.0 million in 2024, then retreated by 24.24% to -$2.5 million in 2025, then surged by 101.01% to $25000.0 in 2026.
- Per Business Quant data, the three most recent Change in Taxes figures were $25000.0 in Q1 2026, -$2.5 million in Q4 2025, and -$1.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 89.28 Bn | 87.42 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 35.97 Bn | 32.23 Bn | 1.97 Bn | - |
| 3 | Zoetis | 32.42 Bn | 30.48 Bn | 1.62 Bn | 73.00 Mn |
| 4 | Takeda Pharmaceutical | 27.48 Bn | 23.42 Bn | 4.39 Bn | -411.14 Mn |
| 5 | United Therapeutics | 22.89 Bn | 20.73 Bn | 648.10 Mn | - |
| 6 | RedHill Biopharma | 22.11 Bn | 22.11 Bn | - | - |
| 7 | Viatris | 20.44 Bn | 18.64 Bn | 1.16 Bn | -463.40 Mn |
| 8 | Neurocrine Biosciences | 17.76 Bn | 16.44 Bn | 800.70 Mn | 119.80 Mn |
| 9 | Elanco Animal Health | 12.62 Bn | 12.19 Bn | 785.00 Mn | - |
| 10 | Glass House Brands | 873.84 Mn | 845.91 Mn | 10.02 Mn | 25,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25,000.00 |
| Mar 31, 2026 | 25,000.00 |
| Dec 31, 2025 | -2.47 Mn |
| Dec 31, 2025 | -2.47 Mn |
| Sep 30, 2025 | -1.26 Mn |
| Sep 30, 2025 | -1.26 Mn |
| Jun 30, 2025 | 1.29 Mn |
| Jun 30, 2025 | 1.29 Mn |
| Mar 31, 2025 | 27,000.00 |
| Mar 31, 2025 | 27,000.00 |
| Dec 31, 2024 | -1.98 Mn |
| Dec 31, 2024 | -1.98 Mn |
| Sep 30, 2024 | -3.32 Mn |
| Sep 30, 2024 | -3.32 Mn |
| Jun 30, 2024 | -476,000.00 |
| Jun 30, 2024 | -476,000.00 |
| Mar 31, 2024 | 309,000.00 |
| Mar 31, 2024 | 309,000.00 |
| Dec 31, 2023 | -12.81 Mn |
| Dec 31, 2023 | -12.81 Mn |