Glass House Brands GLAS
NYSE GLAS
$8.22 -0.14 (-1.67%)
As of: Sep 9, 2026 · 2:23 PM EDT

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

Historic Data

Download Data
DateValue
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