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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 5.04 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 3.19 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 52.83 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 20.64 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -344.80 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 53.14 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 10.78 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | - |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 32.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.14 Mn |
| Mar 31, 2026 | 73.15 Mn |
| Dec 31, 2025 | 75.33 Mn |
| Sep 30, 2025 | 66.82 Mn |
| Jun 30, 2025 | 69.10 Mn |
| Mar 31, 2025 | 71.89 Mn |
| Dec 31, 2024 | 86.07 Mn |
| Sep 30, 2024 | 71.12 Mn |
| Jun 30, 2024 | 82.01 Mn |
| Mar 31, 2024 | 98.45 Mn |
| Dec 31, 2023 | 77.77 Mn |
| Sep 30, 2023 | 74.66 Mn |
| Jun 30, 2023 | 65.30 Mn |
| Mar 31, 2023 | 67.70 Mn |
| Dec 31, 2022 | -19.55 Mn |
| Sep 30, 2022 | 73.28 Mn |
| Jun 30, 2022 | 86.46 Mn |
| Mar 31, 2022 | 77.54 Mn |
| Dec 31, 2021 | 75.60 Mn |
| Sep 30, 2021 | 75.24 Mn |
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_KEY
import 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();