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

Glass House Brands' (GLAS) quarterly Operating Leases came in at $2.9 million in Q1 2026, down 55.15% year-on-year from $6.5 million in Q1 2025, and up 2.27% on a QoQ basis from $2.9 million in Q4 2025.

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

Glass House Brands (GLAS) has 7 years of Operating Leases data on file, last reported at $2.9 million in Q1 2026.

  • On a quarterly basis, Operating Leases fell 55.15% year-over-year to $2.9 million in Q1 2026; TTM through Mar 2026 was $2.9 million, a 55.15% decrease from a year earlier, with the FY2025 full-year figure at $2.9 million, down 58.19% from the prior year.
  • Operating Leases for Q1 2026 stood at $2.9 million, up from $2.9 million in the prior quarter.
  • Over the last five years, Operating Leases for GLAS reached as high as $9.9 million in Q4 2022 and fell as low as $2.8 million in Q1 2022.
  • Historically, Operating Leases has averaged $6.3 million across 5 years, with a median of $6.9 million in 2024.
  • Across the five-year window, Operating Leases jumped 244.07% in 2022 and sank 58.19% in 2025, its largest moves.
  • Year by year, Operating Leases stood at $9.9 million in 2022, then decreased by 21.86% to $7.7 million in 2023, then dropped by 10.96% to $6.9 million in 2024, then sank by 58.19% to $2.9 million in 2025, then grew by 2.27% to $2.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $2.9 million in Q1 2026, $2.9 million in Q4 2025, and $3.2 million in Q3 2025.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 2.93 Mn
Dec 31, 2025 2.87 Mn
Sep 30, 2025 3.16 Mn
Jun 30, 2025 3.37 Mn
Mar 31, 2025 6.54 Mn
Dec 31, 2024 6.86 Mn
Sep 30, 2024 6.83 Mn
Jun 30, 2024 7.13 Mn
Mar 31, 2024 7.42 Mn
Dec 31, 2023 7.70 Mn
Sep 30, 2023 7.99 Mn
Jun 30, 2023 9.25 Mn
Mar 31, 2023 9.56 Mn
Dec 31, 2022 9.86 Mn
Sep 30, 2022 9.16 Mn
Jun 30, 2022 3.09 Mn
Mar 31, 2022 2.79 Mn
Dec 31, 2021 2.87 Mn
Sep 30, 2021 2.76 Mn
Mar 31, 2021 2.53 Mn