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
DateValue
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