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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |