Glass House Brands GLAS
NYSE GLAS
$8.12 -0.24 (-2.87%)
As of: Sep 9, 2026 · 3:47 PM EDT

Glass House Brands (GLAS) EBIT (2018 - 2026)

Glass House Brands' (GLAS) quarterly EBIT came in at -$3.0 million in Q2 2026, down 129.14% year-over-year from $10.3 million in Q2 2025, and up 79.42% quarter-over-quarter from -$14.6 million in Q1 2026.

Analysis

Glass House Brands (GLAS) EBIT (2018 - 2026) Analysis & Trends

Glass House Brands (GLAS) has reported EBIT for 9 consecutive years, with -$3.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBIT fell 129.14% year-over-year to -$3.0 million in Q2 2026; TTM through Jun 2026 was -$41.6 million, a 348.84% decrease from a year earlier, with the FY2025 full-year figure at -$16.5 million, down 388.18% from the prior year.
  • EBIT was -$3.0 million for Q2 2026 at Glass House Brands, up from -$14.6 million in the prior quarter.
  • Over five years, EBIT peaked at $24.5 million in Q1 2023 and troughed at -$33.2 million in Q4 2023.
  • A 5-year average of -$5.0 million and a median of -$3.1 million in 2025 frame the typical range for EBIT.
  • Across the five-year window, EBIT plunged 1622.58% in 2022 and soared 277.81% in 2023, its largest moves.
  • Over 5 years, EBIT stood at -$16.5 million in 2022, then plunged by 101.02% to -$33.2 million in 2023, then surged by 106.26% to $2.1 million in 2024, then slumped by 710.98% to -$12.7 million in 2025, then soared by 76.38% to -$3.0 million in 2026.
  • The last three EBIT figures came in at -$3.0 million (Q2 2026), -$14.6 million (Q1 2026), and -$12.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Curaleaf Holdings 2.66 Bn 2.57 Bn 169.91 Mn 4.22 Mn
2 Trulieve Cannabis 2.29 Bn 1.97 Bn 162.29 Mn -370.52 Mn
3 Green Thumb Industries 1.71 Bn 1.43 Bn 137.87 Mn 19.97 Mn
4 Cronos 1.18 Bn 381.72 Mn 28.45 Mn 7.40 Mn
5 Glass House Brands 667.78 Mn 649.22 Mn 15.77 Mn -3.00 Mn
6 Vireo Growth 547.80 Mn 405.50 Mn 95.30 Mn -6.30 Mn
7 Tilray Brands 467.46 Mn 232.83 Mn 90.52 Mn -16.45 Mn
8 Verano Holdings 439.55 Mn 354.35 Mn 99.70 Mn 3.14 Mn
9 Canopy Growth 403.18 Mn 156.17 Mn 16.08 Mn -15.98 Mn
10 Sndl 365.15 Mn 232.60 Mn 40.74 Mn -5.67 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -3.00 Mn
Mar 31, 2026 -14.56 Mn
Dec 31, 2025 -12.68 Mn
Sep 30, 2025 -11.38 Mn
Jun 30, 2025 10.28 Mn
Mar 31, 2025 -3.11 Mn
Dec 31, 2024 2.08 Mn
Sep 30, 2024 7.48 Mn
Jun 30, 2024 5.04 Mn
Mar 31, 2024 -17.44 Mn
Dec 31, 2023 -33.17 Mn
Sep 30, 2023 4.89 Mn
Jun 30, 2023 3.22 Mn
Mar 31, 2023 24.47 Mn
Dec 31, 2022 -16.50 Mn
Jun 30, 2022 -17.03 Mn
Mar 31, 2022 -13.76 Mn
Dec 31, 2021 -19.67 Mn
Sep 30, 2021 -9.52 Mn
Jun 30, 2021 -988,516.00