Green Thumb Industries (GTBIF) Interest Expenses (2019 - 2026)
Green Thumb Industries' (GTBIF) quarterly Interest Expenses came in at $6.4 million in Q2 2026, up 14.76% on a YoY basis from $5.6 million in Q2 2025, and up 24.65% quarter-over-quarter from $5.2 million in Q1 2026.
Analysis
Green Thumb Industries (GTBIF) Interest Expenses (2019 - 2026) Analysis & Trends
Green Thumb Industries (GTBIF) has reported Interest Expenses for 8 consecutive years, with $6.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses rose 14.76% year-over-year to $6.4 million; the trailing twelve-month figure through Jun 2026 stood at $21.7 million (up 2.18% YoY), and the FY2025 full-year result was $20.0 million, down 17.51% from the prior year.
- Interest Expenses climbed to $6.4 million in Q2 2026 per GTBIF's latest filing, from $5.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $7.7 million in Q4 2023 and bottomed at $2.9 million in Q2 2023.
- Historically, Interest Expenses has averaged $5.4 million across 5 years, with a median of $5.3 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses plunged 46.86% in 2023, then surged 108.47% in 2024.
- Over 5 years, Interest Expenses stood at $5.1 million in 2022, then jumped by 52.3% to $7.7 million in 2023, then fell by 29.35% to $5.5 million in 2024, then fell by 10.89% to $4.9 million in 2025, then soared by 31.95% to $6.4 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $6.4 million, $5.2 million, and $4.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | - |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 12.76 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 6.44 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | - |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 628,000.00 |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 7.60 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | - |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | - |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 9.16 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.44 Mn |
| Mar 31, 2026 | 5.17 Mn |
| Dec 31, 2025 | 4.88 Mn |
| Sep 30, 2025 | 5.23 Mn |
| Jun 30, 2025 | 5.61 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 |