Green Thumb Industries (GTBIF) Cost of Revenue (2019 - 2026)
Green Thumb Industries (GTBIF) reported Cost of Revenue of $156.5 million for Q1 2026, up 14.88% on a YoY basis from $136.3 million in Q1 2025, and down 7.8% quarter-over-quarter from $169.8 million in Q4 2025.
Green Thumb Industries (GTBIF) Cost of Revenue (2019 - 2026) Analysis & Trends
Green Thumb Industries has reported Cost of Revenue for 8 years, with the latest figure at $156.5 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 14.88% year-over-year to $156.5 million; the trailing twelve-month figure through Mar 2026 stood at $620.7 million (up 14.64% YoY), and the FY2025 full-year result was $600.4 million, up 12.01% from the prior year.
- Cost of Revenue for Q1 2026 stood at $156.5 million, down from $169.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $169.8 million in Q4 2025, with the low at $119.7 million in Q1 2022.
- Historically, Cost of Revenue has averaged $137.3 million across 5 years, with a median of $135.5 million in 2023.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 43.19% — and 2024, when it fell 1.64%.
- Green Thumb Industries' Cost of Revenue stood at $135.3 million in 2022, then climbed by 0.19% to $135.5 million in 2023, then advanced by 0.52% to $136.3 million in 2024, then gained by 24.62% to $169.8 million in 2025, then dropped by 7.8% to $156.5 million in 2026.
- The last three Cost of Revenue figures came in at $156.5 million (Q1 2026), $169.8 million (Q4 2025), and $147.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.77 Bn | 35.04 Bn | 1.97 Bn | 696.00 Mn |
| 2 | Zoetis | 34.11 Bn | 32.16 Bn | 1.62 Bn | 641.00 Mn |
| 3 | United Therapeutics | 23.68 Bn | 21.53 Bn | 648.10 Mn | 133.40 Mn |
| 4 | Aurora Cannabis | 16.48 Bn | 16.40 Bn | 33.43 Mn | 34.44 Mn |
| 5 | Neurocrine Biosciences | 16.19 Bn | 14.88 Bn | 800.70 Mn | 13.80 Mn |
| 6 | Elanco Animal Health | 11.44 Bn | 11.01 Bn | 785.00 Mn | 586.00 Mn |
| 7 | Alkermes | 7.28 Bn | 6.77 Bn | -116.06 Mn | 155.56 Mn |
| 8 | Lantheus Holdings | 6.48 Bn | 5.98 Bn | 230.92 Mn | 52.68 Mn |
| 9 | Hims & Hers Health | 6.35 Bn | 5.60 Bn | 396.79 Mn | 222.00 Mn |
| 10 | Green Thumb Industries | - | - | 143.65 Mn | 156.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |