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

Green Thumb Industries (GTBIF) reported Tax Rate of 76.17% for Q1 2026, down 268.0% on a YoY basis from 45.34% in Q1 2025, and up 268.12% quarter-over-quarter from 20.69% in Q4 2025.

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

Green Thumb Industries has reported Tax Rate for 8 years, with the latest figure at 76.17% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 268.0% year-over-year to 76.17%; the trailing twelve-month figure through Mar 2026 stood at 50.69% (down 2388.0% YoY), and the FY2025 full-year result was 48.82%, down 1730.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 76.17%, up from 20.69% in the prior quarter.
  • The five-year high for Tax Rate was 96.72% in Q2 2025, with the low at 13.08% in Q4 2022.
  • Historically, Tax Rate has averaged 66.0% across 5 years, with a median of 76.16% in 2023.
  • Annual changes were most pronounced in 2023 — Tax Rate soared 7445 bps — and 2025, when it tumbled 6400 bps.
  • Green Thumb Industries' Tax Rate stood at 13.08% in 2022, then jumped by 569 bps to 87.54% in 2023, then declined by 3 bps to 84.69% in 2024, then slumped by 76 bps to 20.69% in 2025, then surged by 268 bps to 76.17% in 2026.
  • The last three Tax Rate figures came in at 76.17% (Q1 2026), 20.69% (Q4 2025), and 67.36% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 15.33%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 20.71%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 13.63%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -20.44%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 19.81%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 34.48%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -7.43%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 9.29%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 24.29%
10 Green Thumb Industries - - 143.65 Mn 76.17%

Historic Data

Download Data
DateValue
Mar 31, 2026 76.17%
Mar 31, 2026 76.17%
Dec 31, 2025 20.69%
Dec 31, 2025 20.69%
Sep 30, 2025 67.36%
Sep 30, 2025 67.36%
Jun 30, 2025 96.72%
Jun 30, 2025 96.72%
Mar 31, 2025 78.85%
Mar 31, 2025 78.85%
Dec 31, 2024 84.69%
Dec 31, 2024 84.69%
Sep 30, 2024 77.88%
Sep 30, 2024 77.88%
Jun 30, 2024 60.40%
Jun 30, 2024 60.40%
Mar 31, 2024 50.63%
Mar 31, 2024 50.63%
Dec 31, 2023 87.54%
Dec 31, 2023 87.54%