Glass House Brands (GLAS) Interest Expenses (2018 - 2026)
Glass House Brands' (GLAS) quarterly Interest Expenses came in at $628000.0 in Q2 2026, down 66.63% year-over-year from $1.9 million in Q2 2025, and down 50.55% quarter-over-quarter from $1.3 million in Q1 2026.
Analysis
Glass House Brands (GLAS) Interest Expenses (2018 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Interest Expenses for 9 consecutive years, with $628000.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expenses fell 66.63% year-over-year to $628000.0 in Q2 2026; TTM through Jun 2026 was $4.8 million, a 44.27% decrease from a year earlier, with the FY2025 full-year figure at $7.1 million, down 23.15% from the prior year.
- Interest Expenses was $628000.0 for Q2 2026 at Glass House Brands, down from $1.3 million in the prior quarter.
- Over five years, Interest Expenses peaked at $3.0 million in Q4 2023 and troughed at $628000.0 in Q2 2026.
- A 5-year average of $1.9 million and a median of $2.1 million in 2024 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses jumped 298.88% in 2022 and sank 66.63% in 2026, its largest moves.
- Over 5 years, Interest Expenses stood at $2.2 million in 2022, then jumped by 39.9% to $3.0 million in 2023, then slipped by 29.77% to $2.1 million in 2024, then plunged by 50.99% to $1.0 million in 2025, then tumbled by 39.85% to $628000.0 in 2026.
- The last three Interest Expenses figures came in at $628000.0 (Q2 2026), $1.3 million (Q1 2026), and $1.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (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 | 12.76 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 6.44 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 | 628,000.00 |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 7.60 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 | 9.16 Mn |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 628,000.00 |
| Mar 31, 2026 | 1.27 Mn |
| Dec 31, 2025 | 1.04 Mn |
| Sep 30, 2025 | 1.82 Mn |
| Jun 30, 2025 | 1.88 Mn |
| Mar 31, 2025 | 2.28 Mn |
| Dec 31, 2024 | 2.13 Mn |
| Sep 30, 2024 | 2.26 Mn |
| Jun 30, 2024 | 2.59 Mn |
| Dec 31, 2023 | 3.03 Mn |
| Sep 30, 2023 | 2.16 Mn |
| Jun 30, 2023 | 2.55 Mn |
| Dec 31, 2022 | 2.17 Mn |
| Jun 30, 2022 | 1.57 Mn |
| Mar 31, 2022 | 1.20 Mn |
| Dec 31, 2021 | 543,500.00 |
| Sep 30, 2021 | 12,000.00 |
| Jun 30, 2021 | 1.17 Mn |
| Mar 31, 2021 | 1.01 Mn |
| Dec 31, 2020 | 2,179.14 Bn |