Glass House Brands (GLAS) Gross Profit (2020 - 2026)
Glass House Brands' (GLAS) quarterly Gross Profit came in at $10.0 million in Q1 2026, down 24.16% on a QoQ basis from $13.2 million in Q4 2025.
Glass House Brands (GLAS) Gross Profit (2020 - 2026) Analysis & Trends
Glass House Brands (GLAS) has 7 years of Gross Profit data on file, last reported at $10.0 million in Q1 2026.
- On a quarterly basis, Gross Profit changed N/A year-over-year to $10.0 million in Q1 2026; TTM through Mar 2026 was $66.9 million, a N/A change from a year earlier, with the FY2025 full-year figure at $77.0 million, down 20.98% from the prior year.
- Gross Profit for Q1 2026 stood at $10.0 million, down from $13.2 million in the prior quarter.
- Over the last five years, Gross Profit for GLAS reached as high as $31.9 million in Q2 2025 and fell as low as $254000.0 in Q2 2022.
- Historically, Gross Profit has averaged $14.1 million across 5 years, with a median of $10.9 million in 2025.
- Across the five-year window, Gross Profit sank 97.04% in 2022 and soared 9495.28% in 2023, its largest moves.
- Year by year, Gross Profit stood at $9.2 million in 2022, then soared by 164.11% to $24.4 million in 2023, then increased by 17.65% to $28.7 million in 2024, then plunged by 53.94% to $13.2 million in 2025, then decreased by 24.16% to $10.0 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $10.0 million in Q1 2026, $13.2 million in Q4 2025, and $11.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 89.28 Bn | 87.42 Bn | - |
| 2 | Teva Pharmaceutical Industries | 35.97 Bn | 32.23 Bn | 1.97 Bn |
| 3 | Zoetis | 32.42 Bn | 30.48 Bn | 1.62 Bn |
| 4 | Takeda Pharmaceutical | 27.48 Bn | 23.42 Bn | 4.39 Bn |
| 5 | United Therapeutics | 22.89 Bn | 20.73 Bn | 648.10 Mn |
| 6 | RedHill Biopharma | 22.11 Bn | 22.11 Bn | - |
| 7 | Viatris | 20.44 Bn | 18.64 Bn | 1.16 Bn |
| 8 | Neurocrine Biosciences | 17.76 Bn | 16.44 Bn | 800.70 Mn |
| 9 | Elanco Animal Health | 12.62 Bn | 12.19 Bn | 785.00 Mn |
| 10 | Glass House Brands | 873.84 Mn | 845.91 Mn | 10.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.02 Mn |
| Mar 31, 2026 | 10.02 Mn |
| Dec 31, 2025 | 13.21 Mn |
| Dec 31, 2025 | 13.21 Mn |
| Sep 30, 2025 | 11.76 Mn |
| Sep 30, 2025 | 11.76 Mn |
| Jun 30, 2025 | 31.93 Mn |
| Jun 30, 2025 | 31.93 Mn |
| Jun 30, 2024 | 28.67 Mn |
| Jun 30, 2024 | 28.67 Mn |
| Jun 30, 2023 | 24.37 Mn |
| Jun 30, 2023 | 24.37 Mn |
| Dec 31, 2022 | 9.23 Mn |
| Dec 31, 2022 | 9.23 Mn |
| Sep 30, 2022 | 8.73 Mn |
| Sep 30, 2022 | 8.73 Mn |
| Jun 30, 2022 | 254,000.00 |
| Jun 30, 2022 | 254,000.00 |
| Mar 31, 2022 | 2.34 Mn |
| Mar 31, 2022 | 2.34 Mn |