Glass House Brands (GLAS) Tax Provisions (2018 - 2026)
Glass House Brands (GLAS) recorded Tax Provisions of $3.06 million in Q2 2026, down 26.4% from $4.16 million a year earlier but up 2.8% from the prior quarter.
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Analysis
Glass House Brands (GLAS) Tax Provisions (2018 - 2026) Analysis & Trends
On a TTM basis, Glass House Brands' Tax Provisions came in at $10.08 million as of Jun 30, 2026, down 39.1% year-over-year; for FY2025, it was $11.93 million, up 13.7% from FY2024.
- Annual Tax Provisions has a five-year compound annual growth rate of -92.9% (FY2020 to FY2025).
- Across earlier years, Tax Provisions came in at $10.5 million in FY2024 (+5.6%), $9.94 million in FY2023, -$4.39 million in FY2022 and $2.01 million in FY2021 (-100.0%).
- Quarterly Tax Provisions has ranged from -$6.91 million in Q4 2022 to $8.94 million in Q3 2024 over the past five years.
- On a year-over-year basis, Tax Provisions rose in three of the last five quarters, with growth averaging 77.8%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 463.9% in Q4 2025, against a decline of 96.1% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.98 million (Q1 2026), $2.97 million (Q4 2025) and $1.07 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 311.80 Bn | 291.44 Bn | 7.66 Bn | 955.00 Mn |
| 2 | British American Tobacco p.l.c | 126.62 Bn | 102.98 Bn | - | - |
| 3 | Altria | 123.11 Bn | 109.27 Bn | 3.82 Bn | 631.00 Mn |
| 4 | Curaleaf Holdings | 2.20 Bn | 1.80 Bn | 169.91 Mn | -38.80 Mn |
| 5 | RLX Technology | 2.11 Bn | -1.66 Bn | 52.74 Mn | -3.66 Mn |
| 6 | Trulieve Cannabis | 1.99 Bn | 602.89 Mn | 162.29 Mn | 21.97 Mn |
| 7 | Green Thumb Industries | 1.41 Bn | 255.21 Mn | 137.87 Mn | 12.52 Mn |
| 8 | Turning Point Brands | 1.20 Bn | 306.98 Mn | 93.70 Mn | 3.68 Mn |
| 9 | Cronos | 1.20 Bn | -2.08 Bn | 28.45 Mn | 51,000.00 |
| 10 | Glass House Brands | 306.85 Mn | 232.41 Mn | 15.77 Mn | 3.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.06 Mn |
| Mar 31, 2026 | 2.98 Mn |
| Dec 31, 2025 | 2.97 Mn |
| Sep 30, 2025 | 1.07 Mn |
| Jun 30, 2025 | 4.16 Mn |
| Mar 31, 2025 | 2.93 Mn |
| Dec 31, 2024 | 526,000.00 |
| Sep 30, 2024 | 8.94 Mn |
| Jun 30, 2024 | 203,000.00 |
| Dec 31, 2023 | -4.22 Mn |
| Sep 30, 2023 | 6.50 Mn |
| Jun 30, 2023 | 5.25 Mn |
| Dec 31, 2022 | -7.41 Mn |
| Sep 30, 2022 | 2.63 Mn |
| Jun 30, 2022 | 1.73 Mn |
| Mar 31, 2022 | -1.40 Mn |
| Dec 31, 2021 | -1.74 Mn |
| Sep 30, 2021 | 773,000.00 |
| Jun 30, 2021 | 2.49 Mn |
| Mar 31, 2021 | 1.78 Mn |
API Access
Glass House Brands Tax Provisions 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=tax-provisions&ticker=GLAS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=GLAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();