Green Thumb Industries (GTBIF) Change in Taxes (2019 - 2026)
Green Thumb Industries' (GTBIF) quarterly Change in Taxes came in at $2.1 million in Q2 2026, down 70.03% on a YoY basis from $7.0 million in Q2 2025, and down 95.71% quarter-over-quarter from $48.7 million in Q1 2026.
Analysis
Green Thumb Industries (GTBIF) Change in Taxes (2019 - 2026) Analysis & Trends
Green Thumb Industries (GTBIF) has reported Change in Taxes for 8 consecutive years, with $2.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Taxes fell 70.03% year-over-year to $2.1 million; the trailing twelve-month figure through Jun 2026 stood at -$14.9 million (down 182.55% YoY), and the FY2025 full-year result was -$27.4 million, down 202.49% from the prior year.
- Change in Taxes declined to $2.1 million in Q2 2026 per GTBIF's latest filing, from $48.7 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.
- Historically, Change in Taxes has averaged $1.3 million across 5 years, with a median of $2.3 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Change in Taxes plunged 804350.0% in 2024, then surged 1112.72% in 2025.
- Over 5 years, 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 soared by 101.95% to $2.1 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered $2.1 million, $48.7 million, and -$107.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 18.83 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | -604,000.00 |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 2.09 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 2.22 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -24,000.00 |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | - |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | - |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | -11.31 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | - |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.09 Mn |
| Mar 31, 2026 | 48.67 Mn |
| Dec 31, 2025 | -107.36 Mn |
| Sep 30, 2025 | 41.72 Mn |
| Jun 30, 2025 | 6.97 Mn |
| Mar 31, 2025 | 31.26 Mn |
| Dec 31, 2024 | -16.09 Mn |
| Sep 30, 2024 | -4.12 Mn |
| Jun 30, 2024 | -20.93 Mn |
| Mar 31, 2024 | 32.07 Mn |
| Dec 31, 2023 | 2,000.00 |
| Sep 30, 2023 | 6.26 Mn |
| Jun 30, 2023 | -26.16 Mn |
| Mar 31, 2023 | 33.71 Mn |
| Dec 31, 2022 | -12.68 Mn |
| Sep 30, 2022 | 2.47 Mn |
| Jun 30, 2022 | -26.33 Mn |
| Mar 31, 2022 | 31.30 Mn |
| Dec 31, 2021 | 1.27 Mn |
| Sep 30, 2021 | -267,000.00 |