Glass House Brands (GLAS) Operating Expenses (2020 - 2026)

Glass House Brands' (GLAS) quarterly Operating Expenses came in at $24.4 million in Q1 2026, down 5.89% on a QoQ basis from $25.9 million in Q4 2025.

Glass House Brands (GLAS) Operating Expenses (2020 - 2026) Analysis & Trends

Glass House Brands (GLAS) has 7 years of Operating Expenses data on file, last reported at $24.4 million in Q1 2026.

  • On a quarterly basis, Operating Expenses changed N/A year-over-year to $24.4 million in Q1 2026; TTM through Mar 2026 was $94.7 million, a 300.68% increase from a year earlier, with the FY2025 full-year figure at $93.5 million, up 2.0% from the prior year.
  • Operating Expenses for Q1 2026 stood at $24.4 million, down from $25.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for GLAS reached as high as $31.8 million in Q4 2023 and fell as low as $6.5 million in Q1 2024.
  • Historically, Operating Expenses has averaged $21.1 million across 5 years, with a median of $21.3 million in 2025.
  • Across the five-year window, Operating Expenses jumped 80.33% in 2022 and slumped 67.13% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $25.7 million in 2022, then advanced by 23.66% to $31.8 million in 2023, then slipped by 25.73% to $23.6 million in 2024, then rose by 9.56% to $25.9 million in 2025, then decreased by 5.89% to $24.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $24.4 million in Q1 2026, $25.9 million in Q4 2025, and $23.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Haleon 89.28 Bn 87.42 Bn - -
2 Teva Pharmaceutical Industries 35.97 Bn 32.23 Bn 1.97 Bn 1.00 Bn
3 Zoetis 32.42 Bn 30.48 Bn 1.62 Bn 788.00 Mn
4 Takeda Pharmaceutical 27.48 Bn 23.42 Bn 4.39 Bn 12.58 Bn
5 United Therapeutics 22.89 Bn 20.73 Bn 648.10 Mn 455.70 Mn
6 RedHill Biopharma 22.11 Bn 22.11 Bn - -
7 Viatris 20.44 Bn 18.64 Bn 1.16 Bn 1.24 Bn
8 Neurocrine Biosciences 17.76 Bn 16.44 Bn 800.70 Mn 621.10 Mn
9 Elanco Animal Health 12.62 Bn 12.19 Bn 785.00 Mn 494.00 Mn
10 Glass House Brands 873.84 Mn 845.91 Mn 10.02 Mn 24.37 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 24.37 Mn
Dec 31, 2025 25.89 Mn
Sep 30, 2025 23.14 Mn
Jun 30, 2025 21.29 Mn
Jun 30, 2024 23.63 Mn
Mar 31, 2024 6.47 Mn
Dec 31, 2023 31.82 Mn
Jun 30, 2023 21.15 Mn
Mar 31, 2023 19.67 Mn
Dec 31, 2022 25.73 Mn
Sep 30, 2022 18.63 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
Mar 31, 2021 10.40 Mn
Dec 31, 2020 6,857.70 Bn
Sep 30, 2020 6.09 Mn
Mar 31, 2020 5.64 Mn