Glass House Brands (GLAS) Cost of Revenue (2018 - 2026)
Glass House Brands (GLAS) posted Cost of Revenue of $31.25 million for Q2 2026, up 45.1% from $21.54 million a year earlier and up 27.2% from the prior quarter.
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Analysis
Glass House Brands (GLAS) Cost of Revenue (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Glass House Brands was $108.14 million, up 1.1% year-over-year; for FY2025, it was $105.02 million, up 1.5% from FY2024.
- Annual Cost of Revenue has increased for five consecutive years, with a five-year compound annual growth rate of 28.9% (FY2020 to FY2025).
- In prior years, Glass House Brands' Cost of Revenue was $103.51 million in FY2024 (+29.6%), $79.87 million in FY2023 (+24.5%), $64.16 million in FY2022 (+35.4%) and $47.39 million in FY2021 (+60.6%).
- The Q2 2026 figure stands as the highest quarterly Cost of Revenue since Q4 2019.
- On a year-over-year basis, Cost of Revenue increased in three of the last seven quarters, with growth averaging 10.6%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q3 2021, with growth of 77.3%; the weakest was Q4 2021, with a decline of 36.6%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $24.56 million (Q1 2026), $25.65 million (Q4 2025) and $26.69 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 3.53 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 1.54 Bn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 170.19 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 82.40 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 108.66 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 168.81 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 42.15 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 49.26 Mn |
| 10 | Glass House Brands | 447.37 Mn | 372.93 Mn | 15.77 Mn | 31.25 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 |
API Access
Glass House Brands Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GLAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "GLAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GLAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();