Glass House Brands (GLAS) Consolidated Net Income (2020 - 2026)
Glass House Brands' (GLAS) quarterly Consolidated Net Income came in at -$17.0 million in Q1 2026, down 9.72% on a QoQ basis from -$15.5 million in Q4 2025.
Glass House Brands (GLAS) Consolidated Net Income (2020 - 2026) Analysis & Trends
Glass House Brands (GLAS) has 7 years of Consolidated Net Income data on file, last reported at -$17.0 million in Q1 2026.
- On a quarterly basis, Consolidated Net Income changed N/A year-over-year to -$17.0 million in Q1 2026; TTM through Mar 2026 was -$35.9 million, a 458.1% decrease from a year earlier, with the FY2025 full-year figure at -$29.0 million, down 4115.53% from the prior year.
- Consolidated Net Income for Q1 2026 stood at -$17.0 million, down from -$15.5 million in the prior quarter.
- Over the last five years, Consolidated Net Income for GLAS reached as high as $33.2 million in Q4 2023 and fell as low as -$20.4 million in Q1 2022.
- Historically, Consolidated Net Income has averaged $3.2 million across 5 years, with a median of $7.5 million in 2023.
- Across the five-year window, Consolidated Net Income surged 219.88% in 2023 and tumbled 63.8% in 2024, its largest moves.
- Year by year, Consolidated Net Income stood at $16.5 million in 2022, then surged by 101.02% to $33.2 million in 2023, then sank by 69.73% to $10.0 million in 2024, then tumbled by 254.4% to -$15.5 million in 2025, then fell by 9.72% to -$17.0 million in 2026.
- Per Business Quant data, the three most recent Consolidated Net Income figures were -$17.0 million in Q1 2026, -$15.5 million in Q4 2025, and -$12.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 89.28 Bn | 87.42 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 35.97 Bn | 32.23 Bn | 1.97 Bn | 370.00 Mn |
| 3 | Zoetis | 32.42 Bn | 30.48 Bn | 1.62 Bn | 601.00 Mn |
| 4 | Takeda Pharmaceutical | 27.48 Bn | 23.42 Bn | 4.39 Bn | -3.58 Bn |
| 5 | United Therapeutics | 22.89 Bn | 20.73 Bn | 648.10 Mn | 274.90 Mn |
| 6 | RedHill Biopharma | 22.11 Bn | 22.11 Bn | - | - |
| 7 | Viatris | 20.44 Bn | 18.64 Bn | 1.16 Bn | 176.40 Mn |
| 8 | Neurocrine Biosciences | 17.76 Bn | 16.44 Bn | 800.70 Mn | 197.90 Mn |
| 9 | Elanco Animal Health | 12.62 Bn | 12.19 Bn | 785.00 Mn | 57.00 Mn |
| 10 | Glass House Brands | 873.84 Mn | 845.91 Mn | 10.02 Mn | -17.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -17.01 Mn |
| Dec 31, 2025 | -15.50 Mn |
| Sep 30, 2025 | -12.19 Mn |
| Jun 30, 2025 | 8.74 Mn |
| Jun 30, 2024 | 10.04 Mn |
| Mar 31, 2024 | 8.86 Mn |
| Dec 31, 2023 | 33.17 Mn |
| Sep 30, 2023 | 6.28 Mn |
| Jun 30, 2023 | 3.22 Mn |
| Mar 31, 2023 | 24.47 Mn |
| Dec 31, 2022 | 16.50 Mn |
| Sep 30, 2022 | 15.17 Mn |
| Jun 30, 2022 | -17.03 Mn |
| Mar 31, 2022 | -20.41 Mn |
| Dec 31, 2021 | -18.99 Mn |
| Sep 30, 2021 | -6,955.68 Bn |
| Jun 30, 2021 | -13,606.55 Bn |
| Mar 31, 2021 | -13.15 Mn |
| Dec 31, 2020 | -6.04 Mn |
| Sep 30, 2020 | -1.15 Mn |