Green Thumb Industries (GTBIF) Cost of Revenue (2019 - 2026)

Green Thumb Industries (GTBIF) posted Cost of Revenue of $156.5 million for Q1 2026, down 7.8% on a QoQ basis from $169.8 million in Q4 2025, and up 14.88% year-over-year from $136.3 million in Q1 2025.

Green Thumb Industries (GTBIF) Cost of Revenue (2019 - 2026) Analysis & Trends

Green Thumb Industries' Cost of Revenue history runs 8 years deep, the most recent figure standing at $156.5 million for Q1 2026.

  • Quarterly Cost of Revenue rose 14.88% year-over-year to $156.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $620.7 million (up 14.64% YoY) and the FY2025 annual result came in at $600.4 million, up 12.01% from the prior year.
  • Cost of Revenue was $156.5 million for Q1 2026 at Green Thumb Industries, down from $169.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $169.8 million in Q4 2025 and bottomed at $119.7 million in Q1 2022.
  • A 5-year average of $137.3 million and a median of $135.5 million in 2023 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2022 — Cost of Revenue soared 43.19% — and 2024, when it slipped 1.64%.
  • Green Thumb Industries' Cost of Revenue stood at $135.3 million in 2022, then increased by 0.19% to $135.5 million in 2023, then grew by 0.52% to $136.3 million in 2024, then climbed by 24.62% to $169.8 million in 2025, then fell by 7.8% to $156.5 million in 2026.
  • Business Quant data shows GTBIF's Cost of Revenue at $156.5 million in Q1 2026, $169.8 million in Q4 2025, and $147.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Haleon 89.28 Bn 87.42 Bn - -
2 Teva Pharmaceutical Industries 35.97 Bn 32.23 Bn 1.97 Bn 2.01 Bn
3 Zoetis 32.42 Bn 30.48 Bn 1.62 Bn 641.00 Mn
4 Takeda Pharmaceutical 27.48 Bn 23.42 Bn 4.39 Bn 2.59 Bn
5 United Therapeutics 22.89 Bn 20.73 Bn 648.10 Mn 133.40 Mn
6 RedHill Biopharma 22.11 Bn 22.11 Bn - -
7 Viatris 20.44 Bn 18.64 Bn 1.16 Bn 2.36 Bn
8 Neurocrine Biosciences 17.76 Bn 16.44 Bn 800.70 Mn 13.80 Mn
9 Elanco Animal Health 12.62 Bn 12.19 Bn 785.00 Mn 586.00 Mn
10 Green Thumb Industries 1.63 Bn 1.29 Bn 143.65 Mn 156.55 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 156.55 Mn
Mar 31, 2026 156.55 Mn
Dec 31, 2025 169.79 Mn
Dec 31, 2025 169.79 Mn
Sep 30, 2025 147.34 Mn
Sep 30, 2025 147.34 Mn
Jun 30, 2025 147.00 Mn
Jun 30, 2025 147.00 Mn
Mar 31, 2025 136.27 Mn
Mar 31, 2025 136.27 Mn
Dec 31, 2024 136.25 Mn
Dec 31, 2024 136.25 Mn
Sep 30, 2024 139.27 Mn
Sep 30, 2024 139.27 Mn
Jun 30, 2024 129.63 Mn
Jun 30, 2024 129.63 Mn
Mar 31, 2024 130.88 Mn
Mar 31, 2024 130.88 Mn
Dec 31, 2023 135.54 Mn
Dec 31, 2023 135.54 Mn