Green Thumb Industries GTBIF
OTC GTBIF
$7.78 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Green Thumb Industries' (GTBIF) quarterly Gross Margin came in at 44.96% in Q2 2026, down 492.0% on a YoY basis from 11.47% in Q2 2025, and down 6.05% quarter-over-quarter from 47.85% in Q1 2026.

Analysis

Green Thumb Industries (GTBIF) Gross Margin (2019 - 2026) Analysis & Trends

Green Thumb Industries (GTBIF) has reported Gross Margin for 8 consecutive years, with 44.96% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin fell 492.0% year-over-year to 44.96%; the trailing twelve-month figure through Jun 2026 stood at 46.87% (down 470.0% YoY), and the FY2025 full-year result was 48.91%, down 395.0% from the prior year.
  • Gross Margin eased to 44.96% in Q2 2026 per GTBIF's latest filing, from 47.85% in the prior quarter.
  • Across five years, Gross Margin topped out at 53.73% in Q2 2024 and bottomed at 44.96% in Q2 2026.
  • Historically, Gross Margin has averaged 49.9% across 5 years, with a median of 50.03% in 2025.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 409 bps in 2024, then sank 828 bps in 2025.
  • Over 5 years, Gross Margin stood at 47.82% in 2022, then advanced by 7 bps to 51.28% in 2023, then grew by 5 bps to 53.71% in 2024, then fell by 15 bps to 45.43% in 2025, then retreated by 1 bps to 44.96% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 44.96%, 47.85%, and 45.43% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Curaleaf Holdings 2.65 Bn 2.56 Bn 169.91 Mn 49.96%
2 Trulieve Cannabis 2.27 Bn 1.95 Bn 162.29 Mn 59.90%
3 Green Thumb Industries 1.67 Bn 1.39 Bn 137.87 Mn 44.96%
4 Cronos 1.18 Bn 381.72 Mn 28.45 Mn 40.30%
5 Glass House Brands 667.78 Mn 649.22 Mn 15.77 Mn 33.54%
6 Vireo Growth 545.10 Mn 402.80 Mn 95.30 Mn 45.53%
7 Tilray Brands 469.14 Mn 234.51 Mn 90.52 Mn 32.13%
8 Verano Holdings 432.98 Mn 347.78 Mn 99.70 Mn 45.75%
9 Canopy Growth 396.17 Mn 149.16 Mn 16.08 Mn 22.16%
10 Sndl 357.40 Mn 224.86 Mn 40.74 Mn 23.90%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 44.96%
Mar 31, 2026 47.85%
Dec 31, 2025 45.43%
Sep 30, 2025 49.43%
Jun 30, 2025 49.87%
Mar 31, 2025 51.25%
Dec 31, 2024 53.71%
Sep 30, 2024 51.45%
Jun 30, 2024 53.73%
Mar 31, 2024 52.55%
Dec 31, 2023 51.28%
Sep 30, 2023 48.59%
Jun 30, 2023 49.64%
Mar 31, 2023 50.18%
Dec 31, 2022 47.82%
Sep 30, 2022 50.25%
Jun 30, 2022 49.47%
Mar 31, 2022 50.68%
Dec 31, 2021 52.81%
Sep 30, 2021 55.43%