Green Thumb Industries (GTBIF) Interest Expenses (2019 - 2026)
Green Thumb Industries' Interest Expenses was $6.1 million in Q2 2026, up 20.8% from $5.05 million a year earlier and up 18.0% from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) Interest Expenses (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Green Thumb Industries' Interest Expenses was $21.37 million through Jun 30, 2026, up 3.3% year-over-year; for FY2025, it was $20.02 million, down 17.5% from FY2024.
- Interest Expenses shows a five-year compound annual growth rate of 1.4% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $24.27 million in FY2024 (+27.2%), $19.07 million in FY2023 (-10.0%), $21.2 million in FY2022 (-3.5%) and $21.98 million in FY2021 (+17.7%).
- The Q2 2026 figure marks the highest quarterly Interest Expenses since Q1 2024.
- Compared with a year earlier, Interest Expenses was higher in three of the last eight quarters, with an average decline of 6.4%.
- The best year-over-year quarter for Interest Expenses over five years was Q2 2024 (growth of 108.5%); the worst was Q2 2023 (a decline of 46.9%).
- Per Business Quant data, GTBIF's Interest Expenses in the three quarters before Q2 2026 was $5.17 million (Q1 2026), $4.88 million (Q4 2025) and $5.23 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 307.33 Bn | 286.97 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 128.97 Bn | 105.33 Bn | - | - |
| 3 | Altria | 123.30 Bn | 109.46 Bn | 3.82 Bn | - |
| 4 | Trulieve Cannabis | 2.12 Bn | 741.64 Mn | 162.29 Mn | 12.76 Mn |
| 5 | Curaleaf Holdings | 2.12 Bn | 1.72 Bn | 169.91 Mn | - |
| 6 | RLX Technology | 2.06 Bn | -1.70 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.43 Bn | 279.53 Mn | 137.87 Mn | 6.10 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 389.03 Mn | 93.70 Mn | 7.80 Mn |
| 9 | Cronos | 1.27 Bn | -2.01 Bn | 28.45 Mn | - |
| 10 | Vireo Growth | 400.82 Mn | -103.73 Mn | 95.30 Mn | 7.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.10 Mn |
| Mar 31, 2026 | 5.17 Mn |
| Dec 31, 2025 | 4.88 Mn |
| Sep 30, 2025 | 5.23 Mn |
| Jun 30, 2025 | 5.05 Mn |
| Mar 31, 2025 | 4.87 Mn |
| Dec 31, 2024 | 5.48 Mn |
| Sep 30, 2024 | 5.30 Mn |
| Jun 30, 2024 | 5.98 Mn |
| Mar 31, 2024 | 7.51 Mn |
| Dec 31, 2023 | 7.75 Mn |
| Sep 30, 2023 | 4.64 Mn |
| Jun 30, 2023 | 2.87 Mn |
| Mar 31, 2023 | 3.82 Mn |
| Dec 31, 2022 | 5.09 Mn |
| Sep 30, 2022 | 4.64 Mn |
| Jun 30, 2022 | 5.40 Mn |
| Mar 31, 2022 | 6.07 Mn |
| Dec 31, 2021 | 5.56 Mn |
| Sep 30, 2021 | 7.62 Mn |
API Access
Green Thumb Industries Interest Expenses 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=interest-expenses&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();