Glass House Brands GLAS
NYSE GLAS
$8.23 -0.13 (-1.56%)
As of: Sep 9, 2026 · 1:47 PM EDT

Glass House Brands (GLAS) Operating Expenses (2018 - 2026)

Glass House Brands' (GLAS) quarterly Operating Expenses came in at $18.8 million in Q2 2026, up 18.84% year-over-year from $15.8 million in Q2 2025, and up 0.85% quarter-over-quarter from $18.6 million in Q1 2026.

Analysis

Glass House Brands (GLAS) Operating Expenses (2018 - 2026) Analysis & Trends

Glass House Brands (GLAS) has reported Operating Expenses for 9 consecutive years, with $18.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 18.84% year-over-year to $18.8 million in Q2 2026; TTM through Jun 2026 was $86.4 million, a 0.93% increase from a year earlier, with the FY2025 full-year figure at $93.5 million, up 2.0% from the prior year.
  • Operating Expenses was $18.8 million for Q2 2026 at Glass House Brands, up from $18.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $51.2 million in Q4 2023 and troughed at $3.4 million in Q1 2023.
  • A 5-year average of $21.0 million and a median of $21.1 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses sank 77.95% in 2023 and jumped 258.47% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $25.7 million in 2022, then jumped by 98.93% to $51.2 million in 2023, then slumped by 59.6% to $20.7 million in 2024, then rose by 25.22% to $25.9 million in 2025, then slipped by 27.52% to $18.8 million in 2026.
  • The last three Operating Expenses figures came in at $18.8 million (Q2 2026), $18.6 million (Q1 2026), and $25.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Curaleaf Holdings 2.69 Bn 2.60 Bn 169.91 Mn 165.69 Mn
2 Trulieve Cannabis 2.31 Bn 1.99 Bn 162.29 Mn 532.81 Mn
3 Green Thumb Industries 1.72 Bn 1.43 Bn 137.87 Mn 117.91 Mn
4 Cronos 1.18 Bn 385.45 Mn 28.45 Mn 21.05 Mn
5 Glass House Brands 674.33 Mn 655.78 Mn 15.77 Mn 18.76 Mn
6 Vireo Growth 550.06 Mn 407.76 Mn 95.30 Mn 101.60 Mn
7 Tilray Brands 475.19 Mn 240.56 Mn 90.52 Mn 106.98 Mn
8 Verano Holdings 439.55 Mn 354.35 Mn 99.70 Mn 96.56 Mn
9 Canopy Growth 407.23 Mn 160.22 Mn 16.08 Mn 32.06 Mn
10 Sndl 363.86 Mn 231.31 Mn 40.74 Mn 31.60 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.76 Mn
Mar 31, 2026 18.61 Mn
Dec 31, 2025 25.89 Mn
Sep 30, 2025 23.14 Mn
Jun 30, 2025 15.79 Mn
Mar 31, 2025 23.18 Mn
Dec 31, 2024 20.68 Mn
Sep 30, 2024 25.97 Mn
Jun 30, 2024 23.63 Mn
Mar 31, 2024 6.47 Mn
Dec 31, 2023 51.18 Mn
Sep 30, 2023 21.12 Mn
Jun 30, 2023 21.15 Mn
Mar 31, 2023 3.41 Mn
Dec 31, 2022 25.73 Mn
Jun 30, 2022 17.28 Mn
Mar 31, 2022 15.47 Mn
Dec 31, 2021 19.31 Mn
Sep 30, 2021 11.87 Mn
Jun 30, 2021 9.58 Mn