Green Thumb Industries (GTBIF) Cash from Operations (2019 - 2026)
Green Thumb Industries' Cash from Operations was $29.01 million in Q2 2026, down 48.6% from $56.45 million a year earlier and down 61.7% from the prior quarter.
Green Thumb Industries (GTBIF) Cash from Operations (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Green Thumb Industries' Cash from Operations was $269.07 million through Jun 30, 2026, up 21.4% year-over-year; for FY2025, it was $294.93 million, up 51.1% from FY2024.
- Cash from Operations shows a five-year compound annual growth rate of 25.2% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $195.18 million in FY2024 (-13.2%), $224.97 million in FY2023 (+41.9%), $158.56 million in FY2022 (+20.1%) and $132.05 million in FY2021 (+37.7%).
- The Q2 2026 figure marks the lowest quarterly Cash from Operations since Q2 2024.
- Compared with a year earlier, Cash from Operations was higher in four of the last eight quarters, with growth averaging 28.1%.
- The best year-over-year quarter for Cash from Operations over five years was Q3 2021 (growth of 219.0%); the worst was Q2 2026 (a decline of 48.6%).
- Per Business Quant data, GTBIF's Cash from Operations in the three quarters before Q2 2026 was $75.8 million (Q1 2026), $90.14 million (Q4 2025) and $74.12 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 5.49 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 719.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 29.32 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -9.32 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 53.14 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 29.01 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 24.01 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 26.33 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 30.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.01 Mn |
| Mar 31, 2026 | 75.80 Mn |
| Dec 31, 2025 | 90.14 Mn |
| Sep 30, 2025 | 74.12 Mn |
| Jun 30, 2025 | 56.45 Mn |
| Mar 31, 2025 | 74.22 Mn |
| Dec 31, 2024 | 43.34 Mn |
| Sep 30, 2024 | 47.67 Mn |
| Jun 30, 2024 | 20.15 Mn |
| Mar 31, 2024 | 84.02 Mn |
| Dec 31, 2023 | 71.10 Mn |
| Sep 30, 2023 | 60.84 Mn |
| Jun 30, 2023 | 18.32 Mn |
| Mar 31, 2023 | 74.71 Mn |
| Dec 31, 2022 | 70.34 Mn |
| Sep 30, 2022 | 48.31 Mn |
| Jun 30, 2022 | -15.46 Mn |
| Mar 31, 2022 | 55.38 Mn |
| Dec 31, 2021 | 49.28 Mn |
| Sep 30, 2021 | 34.47 Mn |
Green Thumb Industries Cash from Operations 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=cash-from-operations&ticker=GTBIF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();