Glass House Brands GLAS
NYSE GLAS
$8.24 -0.12 (-1.44%)
As of: Sep 9, 2026 · 1:51 PM EDT

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

Historic Data

Download Data
DateValue
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