Green Thumb Industries (GTBIF) Gross Margin (2019 - 2026)

Green Thumb Industries has reported Gross Margin for 8 years, with the latest figure at 47.85% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 340.0% year-over-year to 47.85%; the trailing twelve-month figure through Mar 2026 stood at 48.1% (down 444.0% YoY), and the FY2025 full-year result was 48.91%, down 395.0% from the prior year.
• Gross Margin for Q1 2026 stood at 47.85%, up from 45.43% in the prior quarter.
• The five-year high for Gross Margin was 53.73% in Q2 2024, with the low at 45.43% in Q4 2025.
• Historically, Gross Margin has averaged 50.19% across 5 years, with a median of 50.18% in 2023.
• Annual changes were most pronounced in 2024 — Gross Margin soared 409 bps — and 2025, when it plunged 828 bps.
• Green Thumb Industries' Gross Margin stood at 47.82% in 2022, then rose by 7 bps to 51.28% in 2023, then advanced by 5 bps to 53.71% in 2024, then dropped by 15 bps to 45.43% in 2025, then increased by 5 bps to 47.85% in 2026.
• The last three Gross Margin figures came in at 47.85% (Q1 2026), 45.43% (Q4 2025), and 49.43% (Q3 2025), per Business Quant data.