Glass House Brands (GLAS) Cost of Revenue (2018 - 2026)
Glass House Brands' (GLAS) quarterly Cost of Revenue came in at $31.2 million in Q2 2026, up 45.11% year-over-year from $21.5 million in Q2 2025, and up 27.24% quarter-over-quarter from $24.6 million in Q1 2026.
Analysis
Glass House Brands (GLAS) Cost of Revenue (2018 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Cost of Revenue for 9 consecutive years, with $31.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 45.11% year-over-year to $31.2 million in Q2 2026; TTM through Jun 2026 was $108.1 million, a 1.11% increase from a year earlier, with the FY2025 full-year figure at $105.0 million, up 1.47% from the prior year.
- Cost of Revenue was $31.2 million for Q2 2026 at Glass House Brands, up from $24.6 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $31.2 million in Q2 2026 and troughed at $10.5 million in Q1 2022.
- A 5-year average of $23.5 million and a median of $24.6 million in 2026 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue jumped 60.91% in 2022 and declined 15.32% in 2025, its largest moves.
- Over 5 years, Cost of Revenue stood at $20.7 million in 2022, then climbed by 8.25% to $22.4 million in 2023, then surged by 35.11% to $30.3 million in 2024, then fell by 15.32% to $25.6 million in 2025, then increased by 21.83% to $31.2 million in 2026.
- The last three Cost of Revenue figures came in at $31.2 million (Q2 2026), $24.6 million (Q1 2026), and $25.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.69 Bn | 2.60 Bn | 169.91 Mn | 170.19 Mn |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.99 Bn | 162.29 Mn | 108.66 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 168.81 Mn |
| 4 | Cronos | 1.18 Bn | 385.45 Mn | 28.45 Mn | 24.17 Mn |
| 5 | Glass House Brands | 674.33 Mn | 655.78 Mn | 15.77 Mn | 31.25 Mn |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 114.00 Mn |
| 7 | Tilray Brands | 475.19 Mn | 240.56 Mn | 90.52 Mn | 191.19 Mn |
| 8 | Verano Holdings | 439.55 Mn | 354.35 Mn | 99.70 Mn | 118.22 Mn |
| 9 | Canopy Growth | 407.23 Mn | 160.22 Mn | 16.08 Mn | 42.60 Mn |
| 10 | Sndl | 363.86 Mn | 231.31 Mn | 40.74 Mn | 129.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.25 Mn |
| Mar 31, 2026 | 24.56 Mn |
| Dec 31, 2025 | 25.65 Mn |
| Sep 30, 2025 | 26.69 Mn |
| Jun 30, 2025 | 21.54 Mn |
| Mar 31, 2025 | 24.75 Mn |
| Dec 31, 2024 | 30.29 Mn |
| Sep 30, 2024 | 30.38 Mn |
| Jun 30, 2024 | 25.26 Mn |
| Dec 31, 2023 | 22.42 Mn |
| Sep 30, 2023 | 22.18 Mn |
| Jun 30, 2023 | 20.29 Mn |
| Dec 31, 2022 | 20.71 Mn |
| Jun 30, 2022 | 16.22 Mn |
| Mar 31, 2022 | 10.47 Mn |
| Dec 31, 2021 | 18.73 Mn |
| Sep 30, 2021 | 14.83 Mn |
| Jun 30, 2021 | 10.08 Mn |
| Mar 31, 2021 | 9.80 Mn |
| Dec 31, 2020 | 29.52 Mn |