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

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

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

Green Thumb Industries has reported Change in Taxes for 8 years, with the latest figure at $48.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Taxes rose 55.7% year-over-year to $48.7 million; the trailing twelve-month figure through Mar 2026 stood at -$10.0 million (down 1.25% YoY), and the FY2025 full-year result was -$27.4 million, down 202.49% from the prior year.
  • Change in Taxes for Q1 2026 stood at $48.7 million, up from -$107.4 million in the prior quarter.
  • The five-year high for Change in Taxes was $48.7 million in Q1 2026, with the low at -$107.4 million in Q4 2025.
  • Historically, Change in Taxes has averaged $1.2 million across 5 years, with a median of $2.5 million in 2022.
  • Annual changes were most pronounced in 2024 — Change in Taxes tumbled 804350.0% — and 2025, when it jumped 1112.72%.
  • Green Thumb Industries' Change in Taxes 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn -
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 73.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn -
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 119.80 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn -
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn -
10 Green Thumb Industries - - 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