Glass House Brands (GLAS) Current Taxes (2020 - 2025)
Glass House Brands (GLAS) posted quarterly Current Taxes of $2.4 million for Q3 2025, down 45.17% year-over-year from $4.4 million in Q3 2024, and down 35.36% quarter-over-quarter from $3.7 million in Q2 2025.
Glass House Brands (GLAS) Current Taxes (2020 - 2025) Analysis & Trends
Glass House Brands (GLAS) has reported Current Taxes for 6 consecutive years, with $2.4 million the latest figure, recorded in Q3 2025.
- In Q3 2025, Current Taxes fell 45.17% year-over-year to $2.4 million; the TTM figure through Sep 2025 stood at $2.4 million (down 45.17% YoY), while the FY2024 annual figure was $2.4 million, down 69.44% from the prior year.
- Current Taxes slipped to $2.4 million in Q3 2025 per GLAS's latest filing, from $3.7 million in the prior quarter.
- Across five years, Current Taxes topped out at $20.6 million in Q3 2023 and bottomed at $2.4 million in Q4 2024.
- Historically, Current Taxes has averaged $7.4 million across 5 years, with a median of $7.3 million in 2022.
- Annual changes were most pronounced in 2023 — Current Taxes surged 108.43% — and 2024, when it sank 78.72%.
- Glass House Brands' Current Taxes stood at $3.8 million in 2021, then surged by 99.55% to $7.6 million in 2022, then climbed by 3.66% to $7.9 million in 2023, then tumbled by 69.44% to $2.4 million in 2024, then changed by 0.0% to $2.4 million in 2025.
- Business Quant data shows GLAS's Current Taxes at $2.4 million in Q3 2025, $3.7 million in Q2 2025, and $2.4 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 44.07 Bn | 43.10 Bn | - | -355.54 Mn |
| 2 | Teva Pharmaceutical Industries | 43.42 Bn | 39.76 Bn | 2.15 Bn | - |
| 3 | Zoetis | 31.86 Bn | 30.18 Bn | 1.05 Bn | 138.00 Mn |
| 4 | Takeda Pharmaceutical | 28.77 Bn | 22.98 Bn | 5.10 Bn | 739.89 Mn |
| 5 | United Therapeutics | 22.29 Bn | 19.63 Bn | 683.80 Mn | - |
| 6 | Viatris | 18.78 Bn | 17.89 Bn | 1.46 Bn | - |
| 7 | Neurocrine Biosciences | 15.66 Bn | 15.27 Bn | 935.80 Mn | - |
| 8 | Elanco Animal Health | 11.91 Bn | 11.38 Bn | 798.00 Mn | - |
| 9 | Dr Reddys Laboratories | 10.16 Bn | 10.00 Bn | - | 46.00 Mn |
| 10 | Glass House Brands | 828.45 Mn | 809.90 Mn | 15.77 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 2.41 Mn |
| Jun 30, 2025 | 3.73 Mn |
| Mar 31, 2025 | 2.44 Mn |
| Dec 31, 2024 | 2.41 Mn |
| Sep 30, 2024 | 4.39 Mn |
| Jun 30, 2024 | 7.71 Mn |
| Mar 31, 2024 | 8.19 Mn |
| Dec 31, 2023 | 7.88 Mn |
| Sep 30, 2023 | 20.64 Mn |
| Jun 30, 2023 | 14.74 Mn |
| Mar 31, 2023 | 9.61 Mn |
| Dec 31, 2022 | 7.60 Mn |
| Sep 30, 2022 | 11.06 Mn |
| Jun 30, 2022 | 7.07 Mn |
| Mar 31, 2022 | 5.48 Mn |
| Dec 31, 2021 | 3.81 Mn |
| Jun 30, 2021 | 7.64 Mn |
| Mar 31, 2021 | 6.43 Mn |
| Dec 31, 2020 | 4.95 Mn |