Glass House Brands (GLAS) Preferred Shares (2020 - 2024)
Glass House Brands' Preferred Shares was $77.5 million in Q2 2026, down 15.6% from $91.79 million a year earlier and down 16.2% from the prior quarter.
Glass House Brands (GLAS) Preferred Shares (2020 - 2024) Analysis & Trends
At the end of FY2025, Preferred Shares at Glass House Brands came in at $92.5 million, up 42.1% from FY2024.
- Preferred Shares has now increased for three consecutive years, with a five-year compound annual growth rate of 13.7% (FY2020 to FY2025).
- In earlier years, Preferred Shares was $65.08 million in FY2024 (+13.1%), $57.55 million in FY2023 (+11.1%) and $51.77 million in FY2022.
- The Q2 2026 figure marks the lowest quarterly Preferred Shares since Q4 2024.
- Compared with a year earlier, Preferred Shares was higher in six of the last seven quarters, with growth averaging 11.1%.
- The best year-over-year quarter for Preferred Shares over five years was Q4 2025 (growth of 42.1%); the worst was Q2 2026 (a decline of 15.6%).
- Per Business Quant data, GLAS's Preferred Shares in the three quarters before Q2 2026 was $92.5 million (Q1 2026), $92.5 million (Q4 2025) and $92.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Preferred Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.71 Bn | 279.71 Bn | 7.85 Bn | - |
| 2 | British American Tobacco p.l.c | 132.02 Bn | 108.39 Bn | - | - |
| 3 | Altria | 126.24 Bn | 113.17 Bn | 3.94 Bn | - |
| 4 | Curaleaf Holdings | 2.41 Bn | 2.02 Bn | 170.48 Mn | - |
| 5 | Trulieve Cannabis | 2.09 Bn | 709.65 Mn | 162.29 Mn | - |
| 6 | RLX Technology | 1.96 Bn | -1.81 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.43 Bn | 200.91 Mn | 146.79 Mn | - |
| 8 | Cronos | 1.36 Bn | -1.92 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.29 Bn | 394.40 Mn | 93.70 Mn | - |
| 10 | Glass House Brands | 159.37 Mn | 84.93 Mn | 15.77 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 65.08 Mn |
| Dec 31, 2023 | 57.55 Mn |
| Dec 31, 2022 | 51.77 Mn |
| Mar 31, 2021 | 48.69 Mn |
| Dec 31, 2020 | 48.69 Mn |
Glass House Brands Preferred Shares API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=preferred-shares&ticker=GLAS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "preferred-shares", "ticker": "GLAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=preferred-shares&ticker=GLAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();