Green Thumb Industries (GTBIF) Capital Expenditures (2019 - 2026)
Green Thumb Industries (GTBIF) recorded Capital Expenditures of $20.22 million in Q2 2026, up 6.4% from $19 million a year earlier and up 7.2% from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) Capital Expenditures (2019 - 2026) Analysis & Trends
On a TTM basis, Green Thumb Industries' Capital Expenditures came in at $71.3 million as of Jun 30, 2026, down 24.2% year-over-year; for FY2025, it came in at $81.07 million, up 1.1% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 6.3% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $80.19 million in FY2024 (-63.6%), $220.04 million in FY2023 (+22.6%), $179.5 million in FY2022 (-4.4%) and $187.85 million in FY2021 (+214.1%).
- The Q2 2026 figure is the highest quarterly Capital Expenditures since Q1 2025.
- On a year-over-year basis, Capital Expenditures rose in two of the last eight quarters, with an average decline of 9.3%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 568.4% in Q4 2021, against a decline of 77.4% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $18.86 million (Q1 2026), $14.68 million (Q4 2025) and $17.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 380.00 Mn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 57.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 49.90 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 21.01 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 20.22 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 1.74 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 88,000.00 |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 11.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.22 Mn |
| Mar 31, 2026 | 18.86 Mn |
| Dec 31, 2025 | 14.68 Mn |
| Sep 30, 2025 | 17.55 Mn |
| Jun 30, 2025 | 19.00 Mn |
| Mar 31, 2025 | 29.84 Mn |
| Dec 31, 2024 | 27.20 Mn |
| Sep 30, 2024 | 18.03 Mn |
| Jun 30, 2024 | 20.25 Mn |
| Mar 31, 2024 | 14.71 Mn |
| Dec 31, 2023 | 36.44 Mn |
| Sep 30, 2023 | 54.20 Mn |
| Jun 30, 2023 | 64.38 Mn |
| Mar 31, 2023 | 65.01 Mn |
| Dec 31, 2022 | 59.63 Mn |
| Sep 30, 2022 | 48.74 Mn |
| Jun 30, 2022 | 14.30 Mn |
| Mar 31, 2022 | 56.83 Mn |
| Dec 31, 2021 | 70.69 Mn |
| Sep 30, 2021 | 73.00 Mn |
API Access
Green Thumb Industries Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "GTBIF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();