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
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