Green Thumb Industries (GTBIF) Tax Provisions (2019 - 2026)
Green Thumb Industries' Tax Provisions was $12.52 million in Q2 2026, down 42.0% from $21.58 million a year earlier and down 74.0% from the prior quarter.
Green Thumb Industries (GTBIF) Tax Provisions (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Green Thumb Industries' Tax Provisions was $155.02 million through Jun 30, 2026, up 34.7% year-over-year; for FY2025, it came in at $147.3 million, up 16.6% from FY2024.
- Tax Provisions has now increased for three consecutive years, with a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $126.29 million in FY2024 (+6.5%), $118.63 million in FY2023 (+25.2%), $94.78 million in FY2022 (-23.9%) and $124.61 million in FY2021 (+48.6%).
- The Q2 2026 figure marks the lowest quarterly Tax Provisions since Q4 2022.
- Compared with a year earlier, Tax Provisions was higher in four of the last eight quarters, with growth averaging 12.1%.
- The best year-over-year quarter for Tax Provisions over five years was Q3 2025 (growth of 58.9%); the worst was Q2 2026 (a decline of 42.0%).
- Per Business Quant data, GTBIF's Tax Provisions in the three quarters before Q2 2026 was $48.09 million (Q1 2026), $45.29 million (Q4 2025) and $49.12 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 955.00 Mn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 631.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | -38.80 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -3.66 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 21.97 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 12.52 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 51,000.00 |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 3.68 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 2.93 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.52 Mn |
| Mar 31, 2026 | 48.09 Mn |
| Dec 31, 2025 | 45.29 Mn |
| Sep 30, 2025 | 49.12 Mn |
| Jun 30, 2025 | 21.58 Mn |
| Mar 31, 2025 | 31.32 Mn |
| Dec 31, 2024 | 31.32 Mn |
| Sep 30, 2024 | 30.92 Mn |
| Jun 30, 2024 | 31.90 Mn |
| Mar 31, 2024 | 32.15 Mn |
| Dec 31, 2023 | 24.70 Mn |
| Sep 30, 2023 | 34.53 Mn |
| Jun 30, 2023 | 25.77 Mn |
| Mar 31, 2023 | 33.64 Mn |
| Dec 31, 2022 | -7.66 Mn |
| Sep 30, 2022 | 32.97 Mn |
| Jun 30, 2022 | 38.34 Mn |
| Mar 31, 2022 | 31.13 Mn |
| Dec 31, 2021 | 26.41 Mn |
| Sep 30, 2021 | 37.32 Mn |
Green Thumb Industries Tax Provisions 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=tax-provisions&ticker=GTBIF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=GTBIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();