Green Thumb Industries (GTBIF) Capital Expenditures (2019 - 2026)

Green Thumb Industries (GTBIF) reported Capital Expenditures of $18.9 million for Q1 2026, down 36.81% on a YoY basis from $29.8 million in Q1 2025, and up 28.45% quarter-over-quarter from $14.7 million in Q4 2025.

Green Thumb Industries (GTBIF) Capital Expenditures (2019 - 2026) Analysis & Trends

Green Thumb Industries has reported Capital Expenditures for 8 years, with the latest figure at $18.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 36.81% year-over-year to $18.9 million; the trailing twelve-month figure through Mar 2026 stood at $70.1 million (down 26.47% YoY), and the FY2025 full-year result was $81.1 million, up 1.1% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $18.9 million, up from $14.7 million in the prior quarter.
  • The five-year high for Capital Expenditures was $65.0 million in Q1 2023, with the low at $14.3 million in Q2 2022.
  • Historically, Capital Expenditures has averaged $34.1 million across 5 years, with a median of $27.2 million in 2024.
  • Annual changes were most pronounced in 2023 — Capital Expenditures jumped 350.23% — and 2024, when it sank 77.37%.
  • Green Thumb Industries' Capital Expenditures stood at $59.6 million in 2022, then sank by 38.89% to $36.4 million in 2023, then retreated by 25.37% to $27.2 million in 2024, then slumped by 46.02% to $14.7 million in 2025, then increased by 28.45% to $18.9 million in 2026.
  • The last three Capital Expenditures figures came in at $18.9 million (Q1 2026), $14.7 million (Q4 2025), and $17.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 168.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 110.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 100.80 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn -
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 9.10 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 51.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 4.09 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 2.04 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 8.83 Mn
10 Green Thumb Industries - - 143.65 Mn 18.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.86 Mn
Mar 31, 2026 18.86 Mn
Dec 31, 2025 14.68 Mn
Dec 31, 2025 14.68 Mn
Sep 30, 2025 17.55 Mn
Sep 30, 2025 17.55 Mn
Jun 30, 2025 19.00 Mn
Jun 30, 2025 19.00 Mn
Mar 31, 2025 29.84 Mn
Mar 31, 2025 29.84 Mn
Dec 31, 2024 27.20 Mn
Dec 31, 2024 27.20 Mn
Sep 30, 2024 18.03 Mn
Sep 30, 2024 18.03 Mn
Jun 30, 2024 20.25 Mn
Jun 30, 2024 20.25 Mn
Mar 31, 2024 14.71 Mn
Mar 31, 2024 14.71 Mn
Dec 31, 2023 36.44 Mn
Dec 31, 2023 36.44 Mn