Glass House Brands (GLAS) Tax Rate (2020 - 2026)

Glass House Brands (GLAS) posted quarterly Tax Rate of 21.92% for Q1 2026, up 7.35% quarter-over-quarter from 23.66% in Q4 2025.

Glass House Brands (GLAS) Tax Rate (2020 - 2026) Analysis & Trends

Glass House Brands (GLAS) has reported Tax Rate for 7 consecutive years, with 21.92% the latest figure, recorded in Q1 2026.

In Q1 2026, Tax Rate changed N/A year-over-year to 21.92%; the TTM figure through Mar 2026 stood at 50.51% (changed N/A YoY), while the FY2025 annual figure was 70.13%, down 16370.0% from the prior year.
Tax Rate grew to 21.92% in Q1 2026 per GLAS's latest filing, from 23.66% in the prior quarter.
Across five years, Tax Rate topped out at 36.24% in Q2 2025 and bottomed at 32.11% in Q4 2022.
Historically, Tax Rate has averaged 3.54% across 5 years, with a median of 0.0% in 2023.
Annual changes were most pronounced in 2022 — Tax Rate sank 2372 bps — and 2025, when it soared 3425 bps.
Glass House Brands' Tax Rate stood at 32.11% in 2022, then soared by 66 bps to 10.99% in 2023, then jumped by 118 bps to 1.98% in 2024, then plunged by 1294 bps to 23.66% in 2025, then grew by 7 bps to 21.92% in 2026.
Business Quant data shows GLAS's Tax Rate at 21.92% in Q1 2026, 23.66% in Q4 2025, and 9.63% in Q3 2025.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Haleon	43.65 Bn	42.68 Bn	-	-
2	Teva Pharmaceutical Industries	43.09 Bn	39.44 Bn	2.15 Bn	-26.59%
3	Zoetis	31.54 Bn	29.86 Bn	1.05 Bn	-
4	Takeda Pharmaceutical	28.61 Bn	22.81 Bn	5.10 Bn	-30.40%
5	United Therapeutics	22.11 Bn	19.45 Bn	683.80 Mn	10.65%
6	Viatris	18.77 Bn	17.88 Bn	1.46 Bn	-85.63%
7	Neurocrine Biosciences	15.62 Bn	15.23 Bn	935.80 Mn	10.97%
8	Elanco Animal Health	12.07 Bn	11.54 Bn	798.00 Mn	3.57%
9	Dr Reddys Laboratories	10.09 Bn	9.93 Bn	-	-
10	Glass House Brands	835.49 Mn	816.93 Mn	15.77 Mn	-202.92%

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