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) Operating Expenses (2019 - 2026)

Green Thumb Industries' (GTBIF) quarterly Operating Expenses came in at $117.9 million in Q2 2026, up 10.38% on a YoY basis from $106.8 million in Q2 2025, and up 14.57% quarter-over-quarter from $102.9 million in Q1 2026.

Analysis

Green Thumb Industries (GTBIF) Operating Expenses (2019 - 2026) Analysis & Trends

Green Thumb Industries (GTBIF) has reported Operating Expenses for 8 consecutive years, with $117.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 10.38% year-over-year to $117.9 million; the trailing twelve-month figure through Jun 2026 stood at $450.4 million (up 8.91% YoY), and the FY2025 full-year result was $437.2 million, up 16.06% from the prior year.
  • Operating Expenses improved to $117.9 million in Q2 2026 per GTBIF's latest filing, from $102.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $168.5 million in Q4 2022 and bottomed at $63.5 million in Q2 2022.
  • Historically, Operating Expenses has averaged $97.7 million across 5 years, with a median of $98.6 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 126.93% in 2022, then slumped 45.19% in 2023.
  • Over 5 years, Operating Expenses stood at $168.5 million in 2022, then plunged by 45.19% to $92.3 million in 2023, then grew by 9.32% to $101.0 million in 2024, then rose by 21.13% to $122.3 million in 2025, then fell by 3.58% to $117.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $117.9 million, $102.9 million, and $122.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Curaleaf Holdings 2.66 Bn 2.56 Bn 169.91 Mn 165.69 Mn
2 Trulieve Cannabis 2.27 Bn 1.94 Bn 162.29 Mn 532.81 Mn
3 Green Thumb Industries 1.71 Bn 1.42 Bn 137.87 Mn 117.91 Mn
4 Cronos 1.18 Bn 379.85 Mn 28.45 Mn 21.05 Mn
5 Glass House Brands 666.14 Mn 647.59 Mn 15.77 Mn 18.76 Mn
6 Vireo Growth 545.10 Mn 402.80 Mn 95.30 Mn 101.60 Mn
7 Tilray Brands 470.81 Mn 236.18 Mn 90.52 Mn 106.98 Mn
8 Verano Holdings 434.44 Mn 349.24 Mn 99.70 Mn 96.56 Mn
9 Canopy Growth 406.26 Mn 159.25 Mn 16.08 Mn 32.06 Mn
10 Sndl 362.57 Mn 230.02 Mn 40.74 Mn 31.60 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 117.91 Mn
Mar 31, 2026 102.91 Mn
Dec 31, 2025 122.29 Mn
Sep 30, 2025 107.29 Mn
Jun 30, 2025 106.82 Mn
Mar 31, 2025 100.79 Mn
Dec 31, 2024 100.96 Mn
Sep 30, 2024 104.97 Mn
Jun 30, 2024 96.50 Mn
Mar 31, 2024 74.26 Mn
Dec 31, 2023 92.35 Mn
Sep 30, 2023 84.78 Mn
Jun 30, 2023 84.22 Mn
Mar 31, 2023 80.52 Mn
Dec 31, 2022 168.50 Mn
Sep 30, 2022 82.48 Mn
Jun 30, 2022 63.54 Mn
Mar 31, 2022 68.39 Mn
Dec 31, 2021 74.25 Mn
Sep 30, 2021 71.45 Mn