Glass House Brands (GLAS) Gross Profit (2020 - 2026)
Glass House Brands (GLAS) posted quarterly Gross Profit of $10.0 million for Q1 2026, down 24.16% quarter-over-quarter from $13.2 million in Q4 2025.
Glass House Brands (GLAS) Gross Profit (2020 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Gross Profit for 7 consecutive years, with $10.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit changed N/A year-over-year to $10.0 million; the TTM figure through Mar 2026 stood at $66.9 million (changed N/A YoY), while the FY2025 annual figure was $77.0 million, down 20.98% from the prior year.
- Gross Profit slipped to $10.0 million in Q1 2026 per GLAS's latest filing, from $13.2 million in the prior quarter.
- Across five years, Gross Profit topped out at $31.9 million in Q2 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Gross Profit plunged 100.0% — and 2023, when it surged 9495.28%.
- Glass House Brands' Gross Profit stood at $9.2 million in 2022, then jumped by 164.11% to $24.4 million in 2023, then climbed by 17.65% to $28.7 million in 2024, then plunged by 53.94% to $13.2 million in 2025, then fell by 24.16% to $10.0 million in 2026.
- Business Quant data shows GLAS's Gross Profit at $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 | 43.98 Bn | 43.02 Bn | - |
| 2 | Teva Pharmaceutical Industries | 43.28 Bn | 39.62 Bn | 2.15 Bn |
| 3 | Zoetis | 31.78 Bn | 30.11 Bn | 1.05 Bn |
| 4 | Takeda Pharmaceutical | 28.71 Bn | 22.91 Bn | 5.10 Bn |
| 5 | United Therapeutics | 22.25 Bn | 19.59 Bn | 683.80 Mn |
| 6 | Viatris | 18.72 Bn | 17.83 Bn | 1.46 Bn |
| 7 | Neurocrine Biosciences | 15.57 Bn | 15.18 Bn | 935.80 Mn |
| 8 | Elanco Animal Health | 11.87 Bn | 11.34 Bn | 798.00 Mn |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.97 Bn | - |
| 10 | Glass House Brands | 825.81 Mn | 807.26 Mn | 15.77 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 |