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