Green Thumb Industries (GTBIF) Tax Rate (2019 - 2026)
Green Thumb Industries (GTBIF) posted Tax Rate of 76.17% for Q1 2026, up 211.32% on a QoQ basis from 68.42% in Q4 2025, and down 268.0% year-over-year from 45.34% in Q1 2025.
Green Thumb Industries (GTBIF) Tax Rate (2019 - 2026) Analysis & Trends
Green Thumb Industries' Tax Rate history runs 8 years deep, the most recent figure standing at 76.17% for Q1 2026.
- Quarterly Tax Rate fell 268.0% year-over-year to 76.17% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.79% (down 49.0% YoY) and the FY2025 annual result came in at 5.37%, down 498.0% from the prior year.
- Tax Rate was 76.17% for Q1 2026 at Green Thumb Industries, up from 68.42% in the prior quarter.
- Across five years, Tax Rate topped out at 96.72% in Q2 2025 and bottomed at 216.72% in Q4 2023.
- A 5-year average of 23.15% and a median of 65.3% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 12551 bps — and 2023, when it slumped 14771 bps.
- Green Thumb Industries' Tax Rate stood at 69.01% in 2022, then tumbled by 214 bps to 216.72% in 2023, then gained by 22 bps to 168.29% in 2024, then soared by 59 bps to 68.42% in 2025, then jumped by 211 bps to 76.17% in 2026.
- Business Quant data shows GTBIF's Tax Rate at 76.17% in Q1 2026, 68.42% in Q4 2025, and 67.36% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 15.33% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 20.71% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | -23.33% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 13.63% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 171.33% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 19.81% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 34.48% |
| 10 | Green Thumb Industries | 1.63 Bn | 1.29 Bn | 143.65 Mn | 76.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 76.17% |
| Mar 31, 2026 | 76.17% |
| Mar 31, 2026 | 76.17% |
| Dec 31, 2025 | -68.42% |
| Dec 31, 2025 | -68.42% |
| Dec 31, 2025 | -68.42% |
| Sep 30, 2025 | 67.36% |
| Sep 30, 2025 | 67.36% |
| Sep 30, 2025 | 67.36% |
| Jun 30, 2025 | 96.72% |
| Jun 30, 2025 | 96.72% |
| Jun 30, 2025 | 96.72% |
| Mar 31, 2025 | 78.85% |
| Mar 31, 2025 | 78.85% |
| Mar 31, 2025 | 78.85% |
| Dec 31, 2024 | -168.29% |
| Dec 31, 2024 | -168.29% |
| Dec 31, 2024 | -168.29% |
| Sep 30, 2024 | 77.88% |
| Sep 30, 2024 | 77.88% |