Green Thumb Industries (GTBIF) Tax Provisions (2019 - 2026)

Green Thumb Industries (GTBIF) posted Tax Provisions of $48.1 million for Q1 2026, up 154.74% on a QoQ basis from -$87.9 million in Q4 2025, and up 53.57% year-over-year from $31.3 million in Q1 2025.

Green Thumb Industries (GTBIF) Tax Provisions (2019 - 2026) Analysis & Trends

Green Thumb Industries' Tax Provisions history runs 8 years deep, the most recent figure standing at $48.1 million for Q1 2026.

  • Quarterly Tax Provisions rose 53.57% year-over-year to $48.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $30.9 million (up 55.56% YoY) and the FY2025 annual result came in at $14.2 million, down 31.68% from the prior year.
  • Tax Provisions was $48.1 million for Q1 2026 at Green Thumb Industries, up from -$87.9 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $49.1 million in Q3 2025 and bottomed at -$87.9 million in Q4 2025.
  • A 5-year average of $15.2 million and a median of $31.9 million in 2024 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2022 — Tax Provisions soared 141.18% — and 2023, when it tumbled 251.3%.
  • Green Thumb Industries' Tax Provisions stood at $40.4 million in 2022, then tumbled by 251.3% to -$61.2 million in 2023, then decreased by 21.41% to -$74.3 million in 2024, then fell by 18.33% to -$87.9 million in 2025, then surged by 154.74% to $48.1 million in 2026.
  • Business Quant data shows GTBIF's Tax Provisions at $48.1 million in Q1 2026, -$87.9 million in Q4 2025, and $49.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 67.00 Mn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 157.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 676.90 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 43.40 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn -423.70 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 48.90 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 30.00 Mn
10 Green Thumb Industries 1.63 Bn 1.29 Bn 143.65 Mn 48.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.09 Mn
Dec 31, 2025 -87.86 Mn
Sep 30, 2025 49.12 Mn
Jun 30, 2025 21.58 Mn
Mar 31, 2025 31.32 Mn
Dec 31, 2024 -74.25 Mn
Sep 30, 2024 30.92 Mn
Jun 30, 2024 31.90 Mn
Mar 31, 2024 32.15 Mn
Dec 31, 2023 -61.16 Mn
Sep 30, 2023 34.53 Mn
Jun 30, 2023 25.77 Mn
Mar 31, 2023 33.64 Mn
Dec 31, 2022 40.42 Mn
Sep 30, 2022 32.97 Mn
Jun 30, 2022 38.34 Mn
Mar 31, 2022 31.13 Mn
Dec 31, 2021 -98.15 Mn
Sep 30, 2021 37.32 Mn
Jun 30, 2021 30.03 Mn