Glass House Brands (GLAS) Net Margin (2018 - 2026)
Glass House Brands' (GLAS) quarterly Net Margin came in at 14.21% in Q2 2026, down 3258.0% year-over-year from 0.45% in Q2 2025, and up 75.72% quarter-over-quarter from 58.55% in Q1 2026.
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Glass House Brands (GLAS) Net Margin (2018 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Net Margin for 9 consecutive years, with 14.21% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 3258.0% year-over-year to 14.21% in Q2 2026; TTM through Jun 2026 was 33.43%, a 3710.0% decrease from a year earlier, with the FY2025 full-year figure at 15.91%, down 1627.0% from the prior year.
- Net Margin was 14.21% for Q2 2026 at Glass House Brands, up from 58.55% in the prior quarter.
- Over five years, Net Margin peaked at 22.92% in Q4 2024 and troughed at 167.73% in Q1 2022.
- A 5-year average of 37.51% and a median of 31.7% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin sank 8142 bps in 2022 and surged 11720 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 46.47% in 2022, then tumbled by 103 bps to 94.28% in 2023, then jumped by 124 bps to 22.92% in 2024, then slumped by 274 bps to 39.89% in 2025, then jumped by 64 bps to 14.21% in 2026.
- The last three Net Margin figures came in at 14.21% (Q2 2026), 58.55% (Q1 2026), and 39.89% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 3.68% |
| 2 | Trulieve Cannabis | 2.24 Bn | 1.92 Bn | 162.29 Mn | -149.83% |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 1.12% |
| 4 | Cronos | 1.18 Bn | 381.72 Mn | 28.45 Mn | 50.52% |
| 5 | Glass House Brands | 665.74 Mn | 647.18 Mn | 15.77 Mn | -14.21% |
| 6 | Vireo Growth | 547.80 Mn | 405.50 Mn | 95.30 Mn | -2.77% |
| 7 | Tilray Brands | 470.26 Mn | 235.62 Mn | 90.52 Mn | -10.52% |
| 8 | Verano Holdings | 438.09 Mn | 352.89 Mn | 99.70 Mn | -6.15% |
| 9 | Canopy Growth | 405.29 Mn | 158.28 Mn | 16.08 Mn | -14.53% |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | -4.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.21% |
| Mar 31, 2026 | -58.55% |
| Dec 31, 2025 | -39.89% |
| Sep 30, 2025 | -31.70% |
| Jun 30, 2025 | 18.37% |
| Mar 31, 2025 | -22.33% |
| Dec 31, 2024 | 22.92% |
| Sep 30, 2024 | -5.03% |
| Jun 30, 2024 | 18.61% |
| Dec 31, 2023 | -94.28% |
| Sep 30, 2023 | -0.44% |
| Jun 30, 2023 | -55.76% |
| Dec 31, 2022 | -46.47% |
| Jun 30, 2022 | -86.16% |
| Mar 31, 2022 | -167.73% |
| Dec 31, 2021 | -102.21% |
| Sep 30, 2021 | -45.01% |
| Jun 30, 2021 | -25.26% |
| Mar 31, 2021 | -86.31% |
| Dec 31, 2020 | -34,520,546.49% |