Green Thumb Industries (GTBIF) Change in Taxes (2019 - 2026)

Green Thumb Industries (GTBIF) posted Change in Taxes of $48.7 million for Q1 2026, up 145.33% on a QoQ basis from -$107.4 million in Q4 2025, and up 55.7% year-over-year from $31.3 million in Q1 2025.

Green Thumb Industries (GTBIF) Change in Taxes (2019 - 2026) Analysis & Trends

Green Thumb Industries' Change in Taxes history runs 8 years deep, the most recent figure standing at $48.7 million for Q1 2026.

  • Quarterly Change in Taxes rose 55.7% year-over-year to $48.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$10.0 million (down 1.25% YoY) and the FY2025 annual result came in at -$27.4 million, down 202.49% from the prior year.
  • Change in Taxes was $48.7 million for Q1 2026 at Green Thumb Industries, up from -$107.4 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $48.7 million in Q1 2026 and bottomed at -$107.4 million in Q4 2025.
  • A 5-year average of $1.2 million and a median of $2.5 million in 2022 frame the typical range for Change in Taxes.
  • Annual changes were most pronounced in 2024 — Change in Taxes slumped 804350.0% — and 2025, when it jumped 1112.72%.
  • Green Thumb Industries' Change in Taxes stood at -$12.7 million in 2022, then soared by 100.02% to $2000.0 in 2023, then slumped by 804350.0% to -$16.1 million in 2024, then plunged by 567.47% to -$107.4 million in 2025, then surged by 145.33% to $48.7 million in 2026.
  • Business Quant data shows GTBIF's Change in Taxes at $48.7 million in Q1 2026, -$107.4 million in Q4 2025, and $41.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 73.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -411.14 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn -
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn -463.40 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 119.80 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn -
10 Green Thumb Industries 1.63 Bn 1.29 Bn 143.65 Mn 48.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.67 Mn
Mar 31, 2026 48.67 Mn
Dec 31, 2025 -107.36 Mn
Dec 31, 2025 -107.36 Mn
Sep 30, 2025 41.72 Mn
Sep 30, 2025 41.72 Mn
Jun 30, 2025 6.97 Mn
Jun 30, 2025 6.97 Mn
Mar 31, 2025 31.26 Mn
Mar 31, 2025 31.26 Mn
Dec 31, 2024 -16.09 Mn
Dec 31, 2024 -16.09 Mn
Sep 30, 2024 -4.12 Mn
Sep 30, 2024 -4.12 Mn
Jun 30, 2024 -20.93 Mn
Jun 30, 2024 -20.93 Mn
Mar 31, 2024 32.07 Mn
Mar 31, 2024 32.07 Mn
Dec 31, 2023 2,000.00
Dec 31, 2023 2,000.00