Glass House Brands (GLAS) Tax Rate (2018 - 2026)
Glass House Brands' (GLAS) quarterly Tax Rate came in at 202.92% in Q2 2026, down 23769.0% year-over-year from N/an in Q2 2025, and down 849.76% quarter-over-quarter from 21.37% in Q1 2026.
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Glass House Brands (GLAS) Tax Rate (2018 - 2026) Analysis & Trends
Glass House Brands (GLAS) has reported Tax Rate for 9 consecutive years, with 202.92% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 23769.0% year-over-year to 202.92% in Q2 2026; TTM through Jun 2026 was 25.77%, a 9682.0% decrease from a year earlier, with the FY2025 full-year figure at 70.13%, down 16370.0% from the prior year.
- Tax Rate was 202.92% for Q2 2026 at Glass House Brands, down from 21.37% in the prior quarter.
- Over five years, Tax Rate peaked at 156.02% in Q3 2024 and troughed at 202.92% in Q2 2026.
- A 5-year average of 0.79% and a median of 1.98% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 9772 bps in 2022 and plunged 23769 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 34.76% in 2022, then sank by 71 bps to 9.96% in 2023, then plunged by 58 bps to 4.15% in 2024, then slumped by 671 bps to 23.66% in 2025, then sank by 758 bps to 202.92% in 2026.
- The last three Tax Rate figures came in at 202.92% (Q2 2026), 21.37% (Q1 2026), and 23.66% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.68 Bn | 2.58 Bn | 169.91 Mn | 147.48% |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.98 Bn | 162.29 Mn | -5.73% |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 78.51% |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 0.14% |
| 5 | Glass House Brands | 673.51 Mn | 654.96 Mn | 15.77 Mn | -202.92% |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 140.85% |
| 7 | Tilray Brands | 472.92 Mn | 238.29 Mn | 90.52 Mn | 42.30% |
| 8 | Verano Holdings | 438.82 Mn | 353.62 Mn | 99.70 Mn | -27.89% |
| 9 | Canopy Growth | 405.75 Mn | 158.74 Mn | 16.08 Mn | 0.88% |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | -17.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -202.92% |
| Mar 31, 2026 | -21.37% |
| Dec 31, 2025 | -23.66% |
| Sep 30, 2025 | -9.63% |
| Jun 30, 2025 | 34.77% |
| Mar 31, 2025 | -41.36% |
| Dec 31, 2024 | 4.15% |
| Sep 30, 2024 | 156.02% |
| Jun 30, 2024 | 1.98% |
| Dec 31, 2023 | 9.96% |
| Sep 30, 2023 | 103.35% |
| Jun 30, 2023 | -26.68% |
| Dec 31, 2022 | 34.76% |
| Jun 30, 2022 | -13.91% |
| Mar 31, 2022 | 6.41% |
| Dec 31, 2021 | 8.48% |
| Sep 30, 2021 | -11.11% |
| Jun 30, 2021 | -111.63% |
| Mar 31, 2021 | -15.61% |
| Dec 31, 2020 | -62.68% |