Glass House Brands GLAS
NYSE GLAS
$7.96 -0.18 (-2.21%)
As of: Sep 10, 2026 · 3:59 PM EDT

Glass House Brands (GLAS) EBITDA Margin (2018 - 2026)

Glass House Brands' (GLAS) quarterly EBITDA Margin came in at 12.1% in Q2 2026, down 2602.0% year-over-year from 0.48% in Q2 2025, and up 182.96% quarter-over-quarter from 14.59% in Q1 2026.

Analysis

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

Glass House Brands (GLAS) has reported EBITDA Margin for 9 consecutive years, with 12.1% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBITDA Margin fell 2602.0% year-over-year to 12.1% in Q2 2026; TTM through Jun 2026 was 2.65%, a 2390.0% decrease from a year earlier, with the FY2025 full-year figure at 9.08%, down 1194.0% from the prior year.
  • EBITDA Margin was 12.1% for Q2 2026 at Glass House Brands, up from 14.59% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 59.28% in Q2 2022 and troughed at 14.59% in Q1 2026.
  • A 5-year average of 15.63% and a median of 11.38% in 2022 frame the typical range for EBITDA Margin.
  • Across the five-year window, EBITDA Margin surged 8478 bps in 2022 and plunged 5207 bps in 2023, its largest moves.
  • Over 5 years, EBITDA Margin stood at 11.38% in 2022, then retreated by 18 bps to 9.33% in 2023, then soared by 82 bps to 17.0% in 2024, then plunged by 150 bps to 8.51% in 2025, then jumped by 242 bps to 12.1% in 2026.
  • The last three EBITDA Margin figures came in at 12.1% (Q2 2026), 14.59% (Q1 2026), and 8.51% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Curaleaf Holdings 2.58 Bn 2.48 Bn 169.91 Mn 7.14%
2 Trulieve Cannabis 2.19 Bn 1.86 Bn 162.29 Mn -136.75%
3 Green Thumb Industries 1.66 Bn 1.37 Bn 137.87 Mn 6.51%
4 Cronos 1.18 Bn 383.59 Mn 28.45 Mn 10.49%
5 Glass House Brands 654.26 Mn 635.70 Mn 15.77 Mn 12.10%
6 Vireo Growth 545.55 Mn 403.25 Mn 95.30 Mn -2.20%
7 Tilray Brands 462.43 Mn 227.80 Mn 90.52 Mn -5.84%
8 Verano Holdings 429.33 Mn 344.13 Mn 99.70 Mn 1.44%
9 Canopy Growth 389.88 Mn 142.87 Mn 16.08 Mn -22.03%
10 Sndl 345.79 Mn 213.25 Mn 40.74 Mn -3.33%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.10%
Mar 31, 2026 -14.59%
Dec 31, 2025 -8.51%
Sep 30, 2025 -5.90%
Jun 30, 2025 38.12%
Mar 31, 2025 -6.94%
Dec 31, 2024 17.00%
Sep 30, 2024 31.99%
Jun 30, 2024 9.35%
Dec 31, 2023 9.33%
Sep 30, 2023 22.30%
Jun 30, 2023 7.22%
Dec 31, 2022 11.38%
Jun 30, 2022 59.28%
Mar 31, 2022 52.24%
Dec 31, 2021 49.80%
Sep 30, 2021 31.18%
Jun 30, 2021 11.65%
Mar 31, 2021 -32.54%
Dec 31, 2020 2.61%