Green Thumb Industries (GTBIF) EBITDA (2019 - 2026)
Green Thumb Industries' EBITDA came in at $53.14 million for Q2 2026, down 23.1% from $69.1 million a year earlier and down 27.3% from the prior quarter.
Powered by 
Analysis
Green Thumb Industries (GTBIF) EBITDA (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Green Thumb Industries reported EBITDA of $268.44 million, down 10.0% year-over-year; for FY2025, it was $283.15 million, down 16.1% from FY2024.
- EBITDA carries a five-year compound annual growth rate of 12.3% (FY2020 to FY2025).
- Going back by year, EBITDA was $337.64 million in FY2024 (+18.3%), $285.42 million in FY2023 (+31.1%), $217.73 million in FY2022 (-23.1%) and $283.3 million in FY2021 (+78.6%).
- The Q2 2026 figure represents the lowest quarterly EBITDA since Q4 2022.
- Year-over-year, EBITDA increased in two of the last eight quarters, with an average decline of 9.6%.
- The fastest year-over-year change in EBITDA over five years came in Q3 2021 (growth of 54.4%), and the weakest in Q1 2025 (a decline of 27.0%).
- Business Quant data shows GTBIF's EBITDA at $73.15 million (Q1 2026), $75.33 million (Q4 2025) and $66.82 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 313.55 Bn | 293.19 Bn | 7.66 Bn | 5.04 Bn |
| 2 | British American Tobacco p.l.c | 128.08 Bn | 104.45 Bn | - | - |
| 3 | Altria | 123.78 Bn | 109.94 Bn | 3.82 Bn | 3.19 Bn |
| 4 | RLX Technology | 2.10 Bn | -1.67 Bn | 52.74 Mn | - |
| 5 | Curaleaf Holdings | 2.04 Bn | 1.65 Bn | 169.91 Mn | 52.83 Mn |
| 6 | Trulieve Cannabis | 1.98 Bn | 596.14 Mn | 162.29 Mn | -344.80 Mn |
| 7 | Green Thumb Industries | 1.37 Bn | 215.43 Mn | 137.87 Mn | 66.86 Mn |
| 8 | Turning Point Brands | 1.23 Bn | 335.27 Mn | 93.70 Mn | - |
| 9 | Cronos | 1.21 Bn | -2.06 Bn | 28.45 Mn | 10.78 Mn |
| 10 | Vireo Growth | 409.39 Mn | -95.17 Mn | 95.30 Mn | 4.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.86 Mn |
| Mar 31, 2026 | 86.60 Mn |
| Dec 31, 2025 | 88.38 Mn |
| Sep 30, 2025 | 79.77 Mn |
| Jun 30, 2025 | 81.91 Mn |
| Mar 31, 2025 | 84.66 Mn |
| Dec 31, 2024 | 98.83 Mn |
| Sep 30, 2024 | 88.06 Mn |
| Jun 30, 2024 | 94.43 Mn |
| Mar 31, 2024 | 110.70 Mn |
| Dec 31, 2023 | 90.00 Mn |
| Sep 30, 2023 | 86.28 Mn |
| Jun 30, 2023 | 77.44 Mn |
| Mar 31, 2023 | 79.93 Mn |
| Dec 31, 2022 | -7.48 Mn |
| Sep 30, 2022 | 85.16 Mn |
| Jun 30, 2022 | 96.66 Mn |
| Mar 31, 2022 | 87.36 Mn |
| Dec 31, 2021 | 84.97 Mn |
| Sep 30, 2021 | 83.97 Mn |
API Access
Green Thumb Industries EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "GTBIF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();