Wholesale Biomass was the largest of Glass House Brands Inc.’s 3 reported lines in fiscal 2025, at $114.23M — 63% of $181.98M.
| Segment | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Wholesale Biomass | $105.70M | $139.09M | $114.23M |
| Retail | $39.08M | $43.82M | $48.24M |
| Cpg | $16.06M | $18.00M | $19.51M |
| Total | $160.84M | $200.90M | $181.98M |
In fiscal 2025, which ended December 31, 2025, the 3 segments Glass House Brands Inc. reported in this breakdown added up to $181.98M. That was down 9.4% from $200.90M in fiscal 2024. Wholesale Biomass was the largest segment, at $114.23M or 62.8% of the total, followed by Retail ($48.24M, 26.5%) and Cpg ($19.51M, 10.7%). Together, the two largest segments made up 89.3% of this total.
Compared with fiscal 2024, Retail grew the fastest, rising 10.1% to $48.24M. Wholesale Biomass fell the most, down 17.9% to $114.23M. Over fiscal 2023 to 2025, revenue across these segments went from $160.84M to $181.98M, a compound annual growth rate of 6.4%. Wholesale Biomass' share of the total fell from 65.7% to 62.8% over the same years.
This breakdown covers every fiscal year from 2023 to 2025, as reported in Glass House Brands Inc.'s annual filings.
Previously Reported was the largest of Glass House Brands Inc.’s 2 reported lines in fiscal 2022, at $90.89M — 107% of $84.87M.
| Revision of Prior Period | FY 2021 | FY 2022 |
|---|---|---|
| Previously Reported | $69.45M | $90.89M |
| Adjustment | — | -$6.02M |
| Total | $69.45M | $84.87M |
In fiscal 2022, which ended December 31, 2022, the 2 revenue lines Glass House Brands Inc. reported in this breakdown added up to $84.87M. The revenue lines reported changed from fiscal 2021, so the total is not directly comparable with the $69.45M reported that year. Previously Reported was the largest revenue line, at $90.89M or 107.1% of the total.
Adjustment was first reported as a separate revenue line in fiscal 2022. Figures are shown as reported, so the total is net of Adjustment, which was -$6.02M in fiscal 2022. This breakdown covers every fiscal year from 2021 to 2022, as reported in Glass House Brands Inc.'s annual filings.
Glass House Brands Inc. (GLAS) breaks its revenue down by segment and revenue line. In fiscal 2025, its largest segment was Wholesale Biomass, with $114.23M or 62.8% of the total, followed by Retail at $48.24M (26.5%).
Wholesale Biomass was Glass House Brands Inc.'s largest segment in fiscal 2025, with $114.23M in revenue, 62.8% of the $181.98M reported across its 3 segments.
Previously Reported was Glass House Brands Inc.'s largest revenue line in fiscal 2022, with $90.89M in revenue, 107.1% of the $84.87M reported across its 2 revenue lines.
Of the Glass House Brands Inc. segments reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Retail grew the fastest, rising 10.1% from $43.82M to $48.24M.
Every figure is taken from Glass House Brands Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by segment covers fiscal 2023 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.