Glass House Brands (GLAS) Tax Provisions (2018 - 2026)
Glass House Brands' (GLAS) quarterly Tax Provisions came in at $3.1 million in Q2 2026, down 26.38% year-over-year from $4.2 million in Q2 2025, and up 2.75% quarter-over-quarter from $3.0 million in Q1 2026.
Analysis
Glass House Brands (GLAS) Tax Provisions (2018 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Tax Provisions for 9 consecutive years, with $3.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions fell 26.38% year-over-year to $3.1 million in Q2 2026; TTM through Jun 2026 was $10.1 million, a 39.09% decrease from a year earlier, with the FY2025 full-year figure at $11.9 million, up 13.68% from the prior year.
- Tax Provisions was $3.1 million for Q2 2026 at Glass House Brands, up from $3.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $8.9 million in Q3 2024 and troughed at -$7.4 million in Q4 2022.
- A 5-year average of $1.8 million and a median of $2.9 million in 2025 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions slumped 326.32% in 2022 and soared 1948.77% in 2025, its largest moves.
- Over 5 years, Tax Provisions stood at -$7.4 million in 2022, then soared by 43.09% to -$4.2 million in 2023, then soared by 112.47% to $526000.0 in 2024, then jumped by 463.88% to $3.0 million in 2025, then advanced by 3.24% to $3.1 million in 2026.
- The last three Tax Provisions figures came in at $3.1 million (Q2 2026), $3.0 million (Q1 2026), and $3.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.68 Bn | 2.58 Bn | 169.91 Mn | -38.80 Mn |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.98 Bn | 162.29 Mn | 21.97 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 12.52 Mn |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 51,000.00 |
| 5 | Glass House Brands | 673.51 Mn | 654.96 Mn | 15.77 Mn | 3.06 Mn |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 20.00 Mn |
| 7 | Tilray Brands | 472.92 Mn | 238.29 Mn | 90.52 Mn | -21.73 Mn |
| 8 | Verano Holdings | 438.82 Mn | 353.62 Mn | 99.70 Mn | 2.93 Mn |
| 9 | Canopy Growth | 405.75 Mn | 158.74 Mn | 16.08 Mn | -93,257.36 |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | 1.22 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 |
| 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 |
| Dec 31, 2020 | 6,418.53 Bn |