Glass House Brands (GLAS) Operating Leases (2020 - 2026)
Glass House Brands (GLAS) posted quarterly Operating Leases of $2.9 million for Q1 2026, down 55.15% year-over-year from $6.5 million in Q1 2025, and up 2.27% quarter-over-quarter from $2.9 million in Q4 2025.
Glass House Brands (GLAS) Operating Leases (2020 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Operating Leases for 7 consecutive years, with $2.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 55.15% year-over-year to $2.9 million; the TTM figure through Mar 2026 stood at $2.9 million (down 55.15% YoY), while the FY2025 annual figure was $2.9 million, down 58.19% from the prior year.
- Operating Leases rose to $2.9 million in Q1 2026 per GLAS's latest filing, from $2.9 million in the prior quarter.
- Across five years, Operating Leases topped out at $9.9 million in Q4 2022 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Leases soared 244.07% — and 2025, when it tumbled 58.19%.
- Glass House Brands' Operating Leases stood at $9.9 million in 2022, then fell by 21.86% to $7.7 million in 2023, then decreased by 10.96% to $6.9 million in 2024, then sank by 58.19% to $2.9 million in 2025, then advanced by 2.27% to $2.9 million in 2026.
- Business Quant data shows GLAS's Operating Leases at $2.9 million in Q1 2026, $2.9 million in Q4 2025, and $3.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 43.89 Bn | 42.93 Bn | - |
| 2 | Teva Pharmaceutical Industries | 43.01 Bn | 39.35 Bn | 2.15 Bn |
| 3 | Zoetis | 31.52 Bn | 29.84 Bn | 1.05 Bn |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn |
| 5 | United Therapeutics | 22.17 Bn | 19.51 Bn | 683.80 Mn |
| 6 | Viatris | 18.73 Bn | 17.85 Bn | 1.46 Bn |
| 7 | Neurocrine Biosciences | 15.51 Bn | 15.12 Bn | 935.80 Mn |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn |
| 9 | Dr Reddys Laboratories | 10.12 Bn | 9.96 Bn | - |
| 10 | Glass House Brands | 830.21 Mn | 811.66 Mn | 15.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |