Glass House Brands (GLAS) Net Income (2020 - 2026)

Glass House Brands' (GLAS) quarterly Net Income came in at -$17.0 million in Q1 2026, down 69.92% year-on-year from -$56.5 million in Q1 2025, and down 9.72% on a QoQ basis from -$15.5 million in Q4 2025.

Glass House Brands (GLAS) Net Income (2020 - 2026) Analysis & Trends

Glass House Brands (GLAS) has 7 years of Net Income data on file, last reported at -$17.0 million in Q1 2026.

  • On a quarterly basis, Net Income fell 69.92% year-over-year to -$17.0 million in Q1 2026; TTM through Mar 2026 was -$35.9 million, a 1031.57% decrease from a year earlier, with the FY2025 full-year figure at -$29.0 million, down 4115.53% from the prior year.
  • Net Income for Q1 2026 stood at -$17.0 million, down from -$15.5 million in the prior quarter.
  • Over the last five years, Net Income for GLAS reached as high as $127.6 million in Q3 2023 and fell as low as -$18.3 million in Q1 2024.
  • Historically, Net Income has averaged $14.5 million across 5 years, with a median of $12.1 million in 2022.
  • Across the five-year window, Net Income surged 703.82% in 2023 and slumped 279.93% in 2025, its largest moves.
  • Year by year, Net Income stood at $14.4 million in 2022, then soared by 164.38% to $38.1 million in 2023, then tumbled by 108.42% to -$3.2 million in 2024, then slumped by 383.17% to -$15.5 million in 2025, then fell by 9.72% to -$17.0 million in 2026.
  • Per Business Quant data, the three most recent Net Income figures were -$17.0 million in Q1 2026, -$15.5 million in Q4 2025, and -$12.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Haleon 89.28 Bn 87.42 Bn - -
2 Teva Pharmaceutical Industries 35.97 Bn 32.23 Bn 1.97 Bn 370.00 Mn
3 Zoetis 32.42 Bn 30.48 Bn 1.62 Bn 601.00 Mn
4 Takeda Pharmaceutical 27.48 Bn 23.42 Bn 4.39 Bn -3.58 Bn
5 United Therapeutics 22.89 Bn 20.73 Bn 648.10 Mn 274.90 Mn
6 RedHill Biopharma 22.11 Bn 22.11 Bn - -
7 Viatris 20.44 Bn 18.64 Bn 1.16 Bn 176.40 Mn
8 Neurocrine Biosciences 17.76 Bn 16.44 Bn 800.70 Mn 197.90 Mn
9 Elanco Animal Health 12.62 Bn 12.19 Bn 785.00 Mn 57.00 Mn
10 Glass House Brands 873.84 Mn 845.91 Mn 10.02 Mn -17.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -17.01 Mn
Dec 31, 2025 -15.50 Mn
Sep 30, 2025 -12.19 Mn
Jun 30, 2025 8.74 Mn
Mar 31, 2025 -10.01 Mn
Sep 30, 2024 -3.21 Mn
Jun 30, 2024 10.04 Mn
Mar 31, 2024 -18.27 Mn
Dec 31, 2023 38.12 Mn
Sep 30, 2023 127.59 Mn
Jun 30, 2023 24.91 Mn
Mar 31, 2023 34.78 Mn
Dec 31, 2022 14.42 Mn
Sep 30, 2022 15.87 Mn
Jun 30, 2022 14.19 Mn
Mar 31, 2022 19.83 Mn
Dec 31, 2021 -18.77 Mn
Sep 30, 2021 7.73 Mn
Jun 30, 2021 4.72 Mn
Mar 31, 2021 13.15 Mn