Glass House Brands (GLAS) Prepaid Assets (2020 - 2026)
Glass House Brands (GLAS) reported Prepaid Assets of $7.81 million for Q2 2026, down 47.4% from $14.84 million a year earlier and down 25.3% from the prior quarter.
Glass House Brands (GLAS) Prepaid Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, Glass House Brands posted Prepaid Assets of $14.95 million, up 92.2% from FY2024.
- Prepaid Assets has a five-year compound annual growth rate of 69.1% (FY2020 to FY2025).
- By year, Prepaid Assets came in at $7.78 million in FY2024 (+100.7%), $3.87 million in FY2023 (-50.1%), $7.76 million in FY2022 (+39.4%) and $5.56 million in FY2021 (+415.2%).
- The Q2 2026 figure ranks as the lowest quarterly Prepaid Assets since Q4 2024.
- Year over year, Prepaid Assets gained in seven of the last eight quarters, with growth averaging 107.4%.
- The high point for year-over-year Prepaid Assets in five years was Q4 2021 (growth of 415.2%); the low point was Q4 2023 (a decline of 50.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $10.46 million (Q1 2026), $14.95 million (Q4 2025) and $20.68 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
|---|---|
| Jun 30, 2026 | 7.81 Mn |
| Mar 31, 2026 | 10.46 Mn |
| Dec 31, 2025 | 15.66 Mn |
| Sep 30, 2025 | 20.68 Mn |
| Jun 30, 2025 | 14.84 Mn |
| Mar 31, 2025 | 9.61 Mn |
| Dec 31, 2024 | 7.78 Mn |
| Sep 30, 2024 | 6.30 Mn |
| Jun 30, 2024 | 4.37 Mn |
| Mar 31, 2024 | 3.46 Mn |
| Dec 31, 2023 | 3.87 Mn |
| Sep 30, 2023 | 3.97 Mn |
| Jun 30, 2023 | 4.32 Mn |
| Mar 31, 2023 | 4.39 Mn |
| Dec 31, 2022 | 7.76 Mn |
| Sep 30, 2022 | 7.59 Mn |
| Jun 30, 2022 | 5.33 Mn |
| Mar 31, 2022 | 7.61 Mn |
| Dec 31, 2021 | 5.56 Mn |
| Sep 30, 2021 | 7.62 Mn |
Glass House Brands Prepaid Assets 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=prepaid-assets&ticker=GLAS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=GLAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();