Glass House Brands (GLAS) Profit After Tax (2018 - 2026)
Glass House Brands' (GLAS) quarterly Profit After Tax came in at -$6.7 million in Q2 2026, down 176.43% year-over-year from $8.7 million in Q2 2025, and up 60.7% quarter-over-quarter from -$17.0 million in Q1 2026.
Analysis
Glass House Brands (GLAS) Profit After Tax (2018 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Profit After Tax for 9 consecutive years, with -$6.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Profit After Tax fell 176.43% year-over-year to -$6.7 million in Q2 2026; TTM through Jun 2026 was -$51.4 million, a 768.36% decrease from a year earlier, with the FY2025 full-year figure at -$29.0 million, down 4115.53% from the prior year.
- Profit After Tax was -$6.7 million for Q2 2026 at Glass House Brands, up from -$17.0 million in the prior quarter.
- Over five years, Profit After Tax peaked at $12.2 million in Q4 2024 and troughed at -$38.1 million in Q4 2023.
- A 5-year average of -$11.5 million and a median of -$13.9 million in 2022 frame the typical range for Profit After Tax.
- The widest YoY moves for Profit After Tax: up 140.31% in 2024, down 1427.62% in 2024.
- Over 5 years, Profit After Tax stood at -$13.9 million in 2022, then plunged by 173.98% to -$38.1 million in 2023, then soared by 131.9% to $12.2 million in 2024, then slumped by 227.48% to -$15.5 million in 2025, then surged by 56.88% to -$6.7 million in 2026.
- The last three Profit After Tax figures came in at -$6.7 million (Q2 2026), -$17.0 million (Q1 2026), and -$15.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 12.51 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | -406.06 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 4.88 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 35.66 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -6.68 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | -100,000.00 |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | -49.61 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | -13.41 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -10.54 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | -5.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.68 Mn |
| Mar 31, 2026 | -17.01 Mn |
| Dec 31, 2025 | -15.50 Mn |
| Sep 30, 2025 | -12.19 Mn |
| Jun 30, 2025 | 8.74 Mn |
| Mar 31, 2025 | -10.01 Mn |
| Dec 31, 2024 | 12.16 Mn |
| Sep 30, 2024 | -3.21 Mn |
| Jun 30, 2024 | 10.04 Mn |
| Mar 31, 2024 | -17.44 Mn |
| Dec 31, 2023 | -38.12 Mn |
| Sep 30, 2023 | -210,000.00 |
| Jun 30, 2023 | -24.91 Mn |
| Mar 31, 2023 | -32.41 Mn |
| Dec 31, 2022 | -13.91 Mn |
| Jun 30, 2022 | -14.19 Mn |
| Mar 31, 2022 | -20.41 Mn |
| Dec 31, 2021 | -18.77 Mn |
| Sep 30, 2021 | -7.73 Mn |
| Jun 30, 2021 | -4.72 Mn |