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

Green Thumb Industries has reported Operating Margin for 8 years, with the latest figure at 13.57% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin fell 163.0% year-over-year to 13.57%; the trailing twelve-month figure through Mar 2026 stood at 11.37% (down 583.0% YoY), and the FY2025 full-year result was 4.71%, up 101.0% from the prior year.
• Operating Margin for Q1 2026 stood at 13.57%, up from 6.12% in the prior quarter.
• The five-year high for Operating Margin was 25.62% in Q1 2024, with the low at 17.17% in Q4 2022.
• Historically, Operating Margin has averaged 15.21% across 5 years, with a median of 17.78% in 2023.
• Annual changes were most pronounced in 2022 — Operating Margin slumped 3950 bps — and 2023, when it surged 3526 bps.
• Green Thumb Industries' Operating Margin stood at 17.17% in 2022, then soared by 205 bps to 18.09% in 2023, then rose by 7 bps to 19.4% in 2024, then tumbled by 68 bps to 6.12% in 2025, then jumped by 122 bps to 13.57% in 2026.
• The last three Operating Margin figures came in at 13.57% (Q1 2026), 6.12% (Q4 2025), and 12.61% (Q3 2025), per Business Quant data.