Glass House Brands (GLAS) Gross Profit (2018 - 2026)
Glass House Brands' (GLAS) quarterly Gross Profit came in at $15.8 million in Q2 2026, down 39.52% year-over-year from $26.1 million in Q2 2025, and up 289.24% quarter-over-quarter from $4.1 million in Q1 2026.
Analysis
Glass House Brands (GLAS) Gross Profit (2018 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Gross Profit for 9 consecutive years, with $15.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Profit fell 39.52% year-over-year to $15.8 million in Q2 2026; TTM through Jun 2026 was $44.8 million, a 56.24% decrease from a year earlier, with the FY2025 full-year figure at $77.0 million, down 20.98% from the prior year.
- Gross Profit was $15.8 million for Q2 2026 at Glass House Brands, up from $4.1 million in the prior quarter.
- Over five years, Gross Profit peaked at $33.4 million in Q3 2024 and troughed at $254000.0 in Q2 2022.
- A 5-year average of $17.0 million and a median of $18.0 million in 2023 frame the typical range for Gross Profit.
- Across the five-year window, Gross Profit slumped 97.04% in 2022 and jumped 9495.28% in 2023, its largest moves.
- Over 5 years, Gross Profit stood at $9.2 million in 2022, then jumped by 95.18% to $18.0 million in 2023, then increased by 26.31% to $22.8 million in 2024, then sank by 41.95% to $13.2 million in 2025, then rose by 19.4% to $15.8 million in 2026.
- The last three Gross Profit figures came in at $15.8 million (Q2 2026), $4.1 million (Q1 2026), and $13.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.68 Bn | 2.58 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.98 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn |
| 5 | Glass House Brands | 673.51 Mn | 654.96 Mn | 15.77 Mn |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn |
| 7 | Tilray Brands | 472.92 Mn | 238.29 Mn | 90.52 Mn |
| 8 | Verano Holdings | 438.82 Mn | 353.62 Mn | 99.70 Mn |
| 9 | Canopy Growth | 405.75 Mn | 158.74 Mn | 16.08 Mn |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.77 Mn |
| Mar 31, 2026 | 4.05 Mn |
| Dec 31, 2025 | 13.21 Mn |
| Sep 30, 2025 | 11.76 Mn |
| Jun 30, 2025 | 26.07 Mn |
| Mar 31, 2025 | 20.07 Mn |
| Dec 31, 2024 | 22.75 Mn |
| Sep 30, 2024 | 33.44 Mn |
| Jun 30, 2024 | 28.67 Mn |
| Dec 31, 2023 | 18.01 Mn |
| Sep 30, 2023 | 26.01 Mn |
| Jun 30, 2023 | 24.37 Mn |
| Dec 31, 2022 | 9.23 Mn |
| Jun 30, 2022 | 254,000.00 |
| Mar 31, 2022 | 1.70 Mn |
| Dec 31, 2021 | -364,636.00 |
| Sep 30, 2021 | 2.35 Mn |
| Jun 30, 2021 | 8.59 Mn |
| Mar 31, 2021 | 5.44 Mn |
| Dec 31, 2020 | 18.74 Mn |