Glass House Brands (GLAS) Interest Expenses (2018 - 2026)
Glass House Brands (GLAS) recorded Interest Expenses of $630,000 in Q2 2026, down 65.2% from $1.81 million a year earlier and down 48.3% from the prior quarter.
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Analysis
Glass House Brands (GLAS) Interest Expenses (2018 - 2026) Analysis & Trends
On a TTM basis, Glass House Brands' Interest Expenses came in at $4.58 million as of Jun 30, 2026, down 44.5% year-over-year; for FY2025, it was $6.79 million, down 24.0% from FY2024.
- Annual Interest Expenses has a five-year compound annual growth rate of -92.1% (FY2020 to FY2025).
- Across earlier years, Interest Expenses came in at $8.93 million in FY2024 (-7.6%), $9.66 million in FY2023 (+27.2%), $7.59 million in FY2022 (+177.5%) and $2.74 million in FY2021 (-100.0%).
- The Q2 2026 figure is the lowest quarterly Interest Expenses since Q1 2024.
- On a year-over-year basis, Interest Expenses has declined for five consecutive quarters, with an average decline of 34.5% over the last seven quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 298.5% in Q4 2022, against a decline of 100.0% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.22 million (Q1 2026), $985,000 (Q4 2025) and $1.75 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 12.76 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 6.10 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 7.80 Mn |
| 10 | Glass House Brands | 458.84 Mn | 384.40 Mn | 15.77 Mn | 630,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 630,000.00 |
| Mar 31, 2026 | 1.22 Mn |
| Dec 31, 2025 | 985,000.00 |
| Sep 30, 2025 | 1.75 Mn |
| Jun 30, 2025 | 1.81 Mn |
| Mar 31, 2025 | 2.21 Mn |
| Dec 31, 2024 | 2.06 Mn |
| Sep 30, 2024 | 2.19 Mn |
| Jun 30, 2024 | 2.53 Mn |
| Mar 31, 2024 | -58,000.00 |
| 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 | 544,000.00 |
| Sep 30, 2021 | 12,000.00 |
| Jun 30, 2021 | 1.17 Mn |
| Mar 31, 2021 | 1.01 Mn |
API Access
Glass House Brands Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=GLAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "GLAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=GLAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();