Glass House Brands GLAS
NYSE GLAS
$7.97 -0.06 (-0.75%)
As of: Sep 17, 2026 · 3:59 PM EDT

Glass House Brands (GLAS) Net Income (2018 - 2026)

Glass House Brands' (GLAS) quarterly Net Income came in at -$6.7 million in Q2 2026, down 176.43% year-over-year from $8.7 million in Q2 2025, and up 60.7% quarter-over-quarter from -$17.0 million in Q1 2026.

Analysis

Glass House Brands (GLAS) Net Income (2018 - 2026) Analysis & Trends

Glass House Brands (GLAS) has reported Net Income for 9 consecutive years, with -$6.7 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Income fell 176.43% year-over-year to -$6.7 million in Q2 2026; TTM through Jun 2026 was -$51.4 million, a 768.36% decrease from a year earlier, with the FY2025 full-year figure at -$29.0 million, down 4115.53% from the prior year.
  • Net Income was -$6.7 million for Q2 2026 at Glass House Brands, up from -$17.0 million in the prior quarter.
  • Over five years, Net Income peaked at $38.1 million in Q4 2023 and troughed at -$25.0 million in Q2 2023.
  • A 5-year average of $260682.7 and a median of -$3.2 million in 2024 frame the typical range for Net Income.
  • Across the five-year window, Net Income soared 270.39% in 2023 and sank 1627.62% in 2024, its largest moves.
  • Over 5 years, Net Income stood at $14.4 million in 2022, then surged by 164.38% to $38.1 million in 2023, then plunged by 68.1% to $12.2 million in 2024, then slumped by 227.48% to -$15.5 million in 2025, then surged by 56.88% to -$6.7 million in 2026.
  • The last three Net Income figures came in at -$6.7 million (Q2 2026), -$17.0 million (Q1 2026), and -$15.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Curaleaf Holdings 2.63 Bn 2.53 Bn 169.91 Mn 12.52 Mn
2 Trulieve Cannabis 2.23 Bn 1.90 Bn 162.29 Mn -406.06 Mn
3 Green Thumb Industries 1.61 Bn 1.33 Bn 137.87 Mn 3.43 Mn
4 Cronos 1.23 Bn 437.76 Mn 28.45 Mn 35.66 Mn
5 Glass House Brands 657.95 Mn 639.39 Mn 15.77 Mn -6.68 Mn
6 Vireo Growth 554.11 Mn 411.81 Mn 95.30 Mn -5.80 Mn
7 Tilray Brands 438.94 Mn 204.31 Mn 90.52 Mn -29.64 Mn
8 Verano Holdings 436.63 Mn 351.43 Mn 99.70 Mn -13.41 Mn
9 Canopy Growth 387.68 Mn 140.67 Mn 16.08 Mn -10.54 Mn
10 Sndl 358.70 Mn 226.15 Mn 40.74 Mn -8.09 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -6.68 Mn
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
Dec 31, 2024 12.16 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 210,000.00
Jun 30, 2023 -24.95 Mn
Mar 31, 2023 34.78 Mn
Dec 31, 2022 14.42 Mn
Jun 30, 2022 14.19 Mn
Mar 31, 2022 -20.41 Mn
Dec 31, 2021 -18.77 Mn
Sep 30, 2021 7.73 Mn
Jun 30, 2021 4.72 Mn