Green Thumb Industries GTBIF
OTC GTBIF
$7.78 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Green Thumb Industries' (GTBIF) quarterly Tax Rate came in at 78.51% in Q2 2026, down 1821.0% on a YoY basis from 4.56% in Q2 2025, and up 3.08% quarter-over-quarter from 76.17% in Q1 2026.

Analysis

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

Green Thumb Industries (GTBIF) has reported Tax Rate for 8 consecutive years, with 78.51% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate fell 1821.0% year-over-year to 78.51%; the trailing twelve-month figure through Jun 2026 stood at 55.28% (down 2780.0% YoY), and the FY2025 full-year result was 55.93%, down 1019.0% from the prior year.
  • Tax Rate climbed to 78.51% in Q2 2026 per GTBIF's latest filing, from 76.17% in the prior quarter.
  • Across five years, Tax Rate topped out at 138.72% in Q4 2023 and bottomed at 69.01% in Q4 2022.
  • Historically, Tax Rate has averaged 65.79% across 5 years, with a median of 76.16% in 2023.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 13629 bps in 2022, then soared 20773 bps in 2023.
  • Over 5 years, Tax Rate stood at 69.01% in 2022, then soared by 301 bps to 138.72% in 2023, then sank by 39 bps to 84.69% in 2024, then sank by 58 bps to 35.27% in 2025, then surged by 123 bps to 78.51% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 78.51%, 76.17%, and 35.27% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Curaleaf Holdings 2.65 Bn 2.56 Bn 169.91 Mn 147.48%
2 Trulieve Cannabis 2.29 Bn 1.97 Bn 162.29 Mn -5.73%
3 Green Thumb Industries 1.70 Bn 1.42 Bn 137.87 Mn 78.51%
4 Cronos 1.18 Bn 383.59 Mn 28.45 Mn 0.14%
5 Glass House Brands 669.01 Mn 650.45 Mn 15.77 Mn -202.92%
6 Vireo Growth 547.35 Mn 405.05 Mn 95.30 Mn 140.85%
7 Tilray Brands 470.70 Mn 236.07 Mn 90.52 Mn 42.30%
8 Verano Holdings 437.36 Mn 352.16 Mn 99.70 Mn -27.89%
9 Canopy Growth 406.56 Mn 159.54 Mn 16.08 Mn 0.88%
10 Sndl 361.28 Mn 228.73 Mn 40.74 Mn -17.72%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 78.51%
Mar 31, 2026 76.17%
Dec 31, 2025 35.27%
Sep 30, 2025 67.36%
Jun 30, 2025 96.72%
Mar 31, 2025 78.85%
Dec 31, 2024 84.69%
Sep 30, 2024 77.88%
Jun 30, 2024 60.40%
Mar 31, 2024 50.63%
Dec 31, 2023 138.72%
Sep 30, 2023 76.16%
Jun 30, 2023 65.30%
Mar 31, 2023 78.15%
Dec 31, 2022 -69.01%
Sep 30, 2022 76.46%
Jun 30, 2022 60.79%
Mar 31, 2022 51.19%
Dec 31, 2021 67.28%
Sep 30, 2021 63.36%