Glass House Brands (GLAS) EBT Margin (2018 - 2026)
Glass House Brands' EBT Margin was -3.21% in Q2 2026, down 28.33 percentage points from 25.13% a year earlier but up 45.54 percentage points from the prior quarter.
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Analysis
Glass House Brands (GLAS) EBT Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Glass House Brands' EBT Margin was -25.57% through Jun 30, 2026, down 36.70 percentage points year-over-year; for FY2025, it came in at -9.35%, down 14.94 percentage points from FY2024.
- EBT Margin shows a five-year change of +21220524.57 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 5.58% in FY2024 (+60.37 pp), -54.79% in FY2023 (-10.78 pp), -44.01% in FY2022 (+21.33 pp) and -65.34% in FY2021 (+21220468.58 pp).
- Quarterly EBT Margin has moved between -179.22% (Q1 2022) and 25.13% (Q2 2025) over five years.
- Compared with a year earlier, EBT Margin has declined for four straight quarters, with an average year-over-year change of -3.52 percentage points over the last seven quarters.
- The best year-over-year quarter for EBT Margin over five years was Q4 2021 (a gain of 21220484.11 percentage points); the worst was Q1 2022 (a drop of 104.56 percentage points).
- Per Business Quant data, GLAS's EBT Margin in the three quarters before Q2 2026 was -48.75% (Q1 2026), -32.26% (Q4 2025) and -28.92% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 312.00 Bn | 291.64 Bn | 7.66 Bn | 38.35% |
| 2 | British American Tobacco p.l.c | 129.70 Bn | 106.07 Bn | - | - |
| 3 | Altria | 124.36 Bn | 110.52 Bn | 3.82 Bn | 47.93% |
| 4 | Curaleaf Holdings | 2.08 Bn | 1.68 Bn | 169.91 Mn | -7.74% |
| 5 | RLX Technology | 2.07 Bn | -1.69 Bn | 52.74 Mn | 24.43% |
| 6 | Trulieve Cannabis | 2.07 Bn | 687.68 Mn | 162.29 Mn | -141.50% |
| 7 | Green Thumb Industries | 1.38 Bn | 233.11 Mn | 137.87 Mn | 5.20% |
| 8 | Turning Point Brands | 1.28 Bn | 387.73 Mn | 93.70 Mn | 9.78% |
| 9 | Cronos | 1.23 Bn | -2.05 Bn | 28.45 Mn | 50.59% |
| 10 | Glass House Brands | 191.73 Mn | 117.29 Mn | 15.77 Mn | -3.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.21% |
| Mar 31, 2026 | -48.75% |
| Dec 31, 2025 | -32.26% |
| Sep 30, 2025 | -28.92% |
| Jun 30, 2025 | 25.13% |
| Mar 31, 2025 | -15.80% |
| Dec 31, 2024 | 23.92% |
| Sep 30, 2024 | 8.97% |
| Jun 30, 2024 | 18.99% |
| Dec 31, 2023 | -104.71% |
| Sep 30, 2023 | 13.04% |
| Jun 30, 2023 | -44.02% |
| Dec 31, 2022 | -71.23% |
| Sep 30, 2022 | 62.99% |
| Jun 30, 2022 | -75.64% |
| Mar 31, 2022 | -179.22% |
| Dec 31, 2021 | -111.68% |
| Sep 30, 2021 | -40.51% |
| Jun 30, 2021 | -11.93% |
| Mar 31, 2021 | -74.66% |
API Access
Glass House Brands EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=GLAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "GLAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=GLAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();