Glass House Brands GLAS
NYSE GLAS
$5.69 -1.10 (-16.19%)
As of: Sep 30, 2026 · 12:30 PM EDT

Glass House Brands Inc. (GLAS) Tax Rate (2023 - 2025)

Updated

Glass House Brands' Tax Rate was -202.92% in Q2 2026, down 237.69 percentage points from 34.77% a year earlier and down 181.55 percentage points from the prior quarter.

Analysis

Glass House Brands Inc. (GLAS) Tax Rate (2023 - 2025) Analysis & Trends

On a trailing twelve-month basis, Glass House Brands' Tax Rate was -25.77% through Jun 30, 2026, down 96.82 percentage points year-over-year; for FY2025, it was -70.13%, down 163.70 percentage points from FY2024.

  • Tax Rate shows a five-year change of -7.45 percentage points (FY2020 to FY2025).
  • In earlier years, Tax Rate was 93.57% in FY2024 (+104.86 pp), -11.28% in FY2023 (-23.02 pp), 11.74% in FY2022 (+16.62 pp) and -4.87% in FY2021 (+57.80 pp).
  • The Q2 2026 figure marks the lowest quarterly Tax Rate in data going back to Q4 2018.
  • Compared with a year earlier, Tax Rate was higher in three of the last seven quarters, with an average year-over-year change of -47.36 percentage points.
  • The best year-over-year quarter for Tax Rate over five years was Q2 2022 (a gain of 97.72 percentage points); the worst was Q2 2026 (a drop of 237.69 percentage points).
  • Per Business Quant data, GLAS's Tax Rate in the three quarters before Q2 2026 was -21.37% (Q1 2026), -23.66% (Q4 2025) and -9.63% (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2025 34.77%
Dec 31, 2024 4.15%
Sep 30, 2024 156.02%
Jun 30, 2024 1.98%
Sep 30, 2023 103.36%
API Access

Glass House Brands Inc. Tax Rate API

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