Green Thumb Industries (GTBIF) Change in Taxes (2019 - 2026)
Green Thumb Industries' (GTBIF) quarterly Change in Taxes came in at $48.7 million in Q1 2026, up 55.7% YoY from $31.3 million in Q1 2025, and up 145.33% on a QoQ basis from -$107.4 million in Q4 2025.
Green Thumb Industries (GTBIF) Change in Taxes (2019 - 2026) Analysis & Trends
Green Thumb Industries (GTBIF) has 8 years of Change in Taxes data on file, last reported at $48.7 million in 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 rose to $48.7 million in Q1 2026, from -$107.4 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $48.7 million in Q1 2026 to a low of -$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 tumbled 804350.0% — and 2025, when it jumped 1112.72%.
- Tracing GTBIF's Change in Taxes over 5 years: stood at -$12.7 million in 2022, then jumped by 100.02% to $2000.0 in 2023, then plunged by 804350.0% to -$16.1 million in 2024, then slumped by 567.47% to -$107.4 million in 2025, then soared by 145.33% to $48.7 million in 2026.
- The last three Change in Taxes figures came in at $48.7 million (Q1 2026), -$107.4 million (Q4 2025), and $41.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.89 Bn | 42.93 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 42.98 Bn | 39.33 Bn | 2.15 Bn | - |
| 3 | Zoetis | 31.54 Bn | 29.86 Bn | 1.05 Bn | -66.00 Mn |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn | -106.03 Mn |
| 5 | United Therapeutics | 22.15 Bn | 19.48 Bn | 683.80 Mn | - |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | 40.90 Mn |
| 7 | Neurocrine Biosciences | 15.56 Bn | 15.17 Bn | 935.80 Mn | -59.60 Mn |
| 8 | Elanco Animal Health | 11.74 Bn | 11.21 Bn | 798.00 Mn | - |
| 9 | Dr Reddys Laboratories | 10.11 Bn | 9.95 Bn | - | - |
| 10 | Green Thumb Industries | 1.65 Bn | 1.37 Bn | 137.87 Mn | 2.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.09 Mn |
| Jun 30, 2026 | 2.09 Mn |
| 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 |