Green Thumb Industries (GTBIF) Shares Outstanding (Diluted) (2019 - 2026)
Green Thumb Industries' Shares Outstanding (Diluted) came in at 222.78 million for Q2 2026, down 5.5% from 235.84 million a year earlier and down 3.9% from the prior quarter.
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Analysis
Green Thumb Industries (GTBIF) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, Green Thumb Industries' Shares Outstanding (Diluted) was 236.87 million, down 2.1% from FY2024.
- Shares Outstanding (Diluted) carries a five-year compound annual growth rate of 2.2% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 241.93 million in FY2024 (+0.9%), 239.83 million in FY2023 (+0.7%), 238.08 million in FY2022 (+5.0%) and 226.76 million in FY2021 (+6.7%).
- The Q2 2026 figure represents the lowest quarterly Shares Outstanding (Diluted) since Q1 2021.
- Year-over-year, Shares Outstanding (Diluted) has declined for six consecutive quarters, with an average decline of 1.9% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in Q3 2021 (growth of 7.8%), and the weakest in Q2 2026 (a decline of 5.5%).
- Business Quant data shows GTBIF's Shares Outstanding (Diluted) at 231.83 million (Q1 2026), 236.87 million (Q4 2025) and 233.54 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.35 Bn | 274.91 Bn | 7.66 Bn | 1.56 Bn |
| 2 | British American Tobacco p.l.c | 122.95 Bn | 102.10 Bn | - | 2.20 Bn |
| 3 | Altria | 111.79 Bn | 98.00 Bn | 3.82 Bn | 1.67 Bn |
| 4 | Curaleaf Holdings | 2.72 Bn | 2.32 Bn | 169.91 Mn | 270.70 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 1.22 Bn |
| 6 | Trulieve Cannabis | 2.09 Bn | 706.80 Mn | 162.29 Mn | 192.71 Mn |
| 7 | Green Thumb Industries | 1.32 Bn | 166.97 Mn | 137.87 Mn | 222.78 Mn |
| 8 | Cronos | 1.19 Bn | -2.04 Bn | 28.45 Mn | 375.06 Mn |
| 9 | Turning Point Brands | 1.11 Bn | 241.91 Mn | 93.70 Mn | 20.16 Mn |
| 10 | Verano Holdings | 783.43 Mn | 457.05 Mn | 99.70 Mn | 73.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 222.78 Mn |
| Mar 31, 2026 | 231.83 Mn |
| Dec 31, 2025 | 236.87 Mn |
| Sep 30, 2025 | 233.54 Mn |
| Jun 30, 2025 | 235.84 Mn |
| Mar 31, 2025 | 236.82 Mn |
| Dec 31, 2024 | 241.93 Mn |
| Sep 30, 2024 | 238.30 Mn |
| Jun 30, 2024 | 240.14 Mn |
| Mar 31, 2024 | 240.56 Mn |
| Dec 31, 2023 | 239.83 Mn |
| Sep 30, 2023 | 240.29 Mn |
| Jun 30, 2023 | 238.42 Mn |
| Mar 31, 2023 | 237.69 Mn |
| Dec 31, 2022 | 238.08 Mn |
| Sep 30, 2022 | 237.80 Mn |
| Jun 30, 2022 | 237.76 Mn |
| Mar 31, 2022 | 238.23 Mn |
| Dec 31, 2021 | 226.76 Mn |
| Sep 30, 2021 | 230.88 Mn |
API Access
Green Thumb Industries Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=GTBIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();