Green Thumb Industries (GTBIF) Tax Provisions (2019 - 2026)
Green Thumb Industries' (GTBIF) quarterly Tax Provisions came in at $12.5 million in Q2 2026, down 41.97% on a YoY basis from $21.6 million in Q2 2025, and down 73.96% quarter-over-quarter from $48.1 million in Q1 2026.
Analysis
Green Thumb Industries (GTBIF) Tax Provisions (2019 - 2026) Analysis & Trends
Green Thumb Industries (GTBIF) has reported Tax Provisions for 8 consecutive years, with $12.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions fell 41.97% year-over-year to $12.5 million; the trailing twelve-month figure through Jun 2026 stood at $155.0 million (up 27.93% YoY), and the FY2025 full-year result was $147.3 million, up 11.31% from the prior year.
- Tax Provisions declined to $12.5 million in Q2 2026 per GTBIF's latest filing, from $48.1 million in the prior quarter.
- Across five years, Tax Provisions topped out at $49.1 million in Q3 2025 and bottomed at $12.5 million in Q2 2026.
- Historically, Tax Provisions has averaged $34.2 million across 5 years, with a median of $33.3 million in 2022.
- The sharpest annual moves came in 2025 and 2026: Tax Provisions surged 58.86% in 2025, then tumbled 41.97% in 2026.
- Over 5 years, Tax Provisions stood at $40.4 million in 2022, then retreated by 3.15% to $39.1 million in 2023, then declined by 4.54% to $37.4 million in 2024, then gained by 21.2% to $45.3 million in 2025, then plunged by 72.35% to $12.5 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $12.5 million, $48.1 million, and $45.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.69 Bn | 2.60 Bn | 169.91 Mn | -38.80 Mn |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.99 Bn | 162.29 Mn | 21.97 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 12.52 Mn |
| 4 | Cronos | 1.18 Bn | 385.45 Mn | 28.45 Mn | 51,000.00 |
| 5 | Glass House Brands | 674.33 Mn | 655.78 Mn | 15.77 Mn | 3.06 Mn |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 20.00 Mn |
| 7 | Tilray Brands | 475.19 Mn | 240.56 Mn | 90.52 Mn | -21.73 Mn |
| 8 | Verano Holdings | 439.55 Mn | 354.35 Mn | 99.70 Mn | 2.93 Mn |
| 9 | Canopy Growth | 407.23 Mn | 160.22 Mn | 16.08 Mn | -93,257.36 |
| 10 | Sndl | 363.86 Mn | 231.31 Mn | 40.74 Mn | 1.22 Mn |
Historic Data
Download Data
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 | 37.37 Mn |
| Sep 30, 2024 | 30.92 Mn |
| Jun 30, 2024 | 31.90 Mn |
| Mar 31, 2024 | 32.15 Mn |
| Dec 31, 2023 | 39.15 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 | 33.95 Mn |
| Sep 30, 2021 | 37.32 Mn |