Glass House Brands Inc. (GLAS)

Glass House Brands Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	18.55	19.85	33.92	29.52	11.14	51.07
Cash & Short-Term Investments	18.55	19.85	33.92	29.52	11.14	51.07
Cash Growth	-54.41%	-41.48%	14.90%	164.94%	-78.18%	1026.00%
Accounts Receivable	10.07	4.42	5.22	3.98	4.79	2.46
Other Receivables	0.76	0.79	1.93	-	-	-
Receivables	10.83	6.01	7.15	3.98	6.04	2.46
Inventory	34.02	26.23	14.25	8.84	10.95	6.53
Prepaid Expenses	7.81	15.66	7.78	3.87	7.76	5.56
Restricted Cash	-	-	3	3	3	3
Total Current Assets	71.22	67.75	66.1	49.22	38.89	68.62
Property, Plant & Equipment	222.66	234.67	222.99	226.55	227.56	198.88
Long-Term Investments	14.49	-	2.34	2.33	4.25	7.2
Goodwill	-	-	-	-	37.8	4.92
Other Intangible Assets	0.92	11.58	14.2	21.21	35.92	5.63
Long-Term Deferred Tax Assets	-	-	-	-	1.51	-
Other Long-Term Assets	4.1	4.56	4.87	4.47	4.69	2.34
Total Assets	313.38	318.56	310.5	303.78	350.63	287.58

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	9.07	13.72	8.69	5.54	6.01	4.34
Accrued Expenses	28.98	22.26	22.44	21.39	15.96	5.59
Current Portion of Long-Term Debt	14.73	0.04	7.64	7.55	0.04	0.04
Current Portion of Leases	0.58	1.95	2.45	1.84	1.14	0.27
Current Income Taxes Payable	-	-	2.41	7.88	7.6	3.81
Other Current Liabilities	-	-	22.84	43.16	23.25	41.19
Total Current Liabilities	53.37	37.96	66.48	87.36	54	55.24
Long-Term Debt	56.06	70.28	50.55	56.51	62.62	44.82
Long-Term Leases	0.95	3.95	8.55	9.22	10.07	2.87
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.28
Other Long-Term Liabilities	37.88	31.76	20.87	5.44	2.8	1.45
Total Liabilities	148.25	143.96	146.45	158.54	129.49	105.65

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Additional Paid-In Capital	316.65	294.01	306.65	280.7	261.53	241.9
Retained Earnings	-244.02	-220.08	-190.42	-190.94	-92.67	-59.76
Total Common Equity	72.63	73.94	116.24	89.76	168.86	182.13
Minority Interest	92.5	100.67	47.82	55.48	52.27	-0.2
Shareholders' Equity	165.13	174.6	164.06	145.24	221.13	181.94
Total Liabilities & Equity	313.38	318.56	310.5	303.78	350.63	287.58

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	72.32	76.23	69.2	75.13	73.88	47.99
Net Cash (Debt)	-53.76	-56.38	-35.28	-45.6	-62.73	3.08
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.63	-0.69	-0.47	-0.63	-0.98	0.08
Filing Date Shares Outstanding	94.24	84.04	77.3	71.08	69.43	56.82
Total Common Shares Outstanding	89.05	81.73	76.91	70.94	68.22	56.82
Working Capital	17.85	29.79	-0.38	-38.14	-15.11	13.38
Book Value Per Share	0.82	0.90	1.51	1.27	2.48	3.21
Tangible Book Value	71.71	62.36	102.04	68.55	95.14	171.59
Tangible Book Value Per Share	0.81	0.76	1.33	0.97	1.39	3.02
Land	69.1	76.03	70.89	70.89	70.89	70.78
Buildings	172.64	163.04	154.04	143.21	140.04	108.02
Machinery	12.38	12.57	12.58	10.33	8.52	6.03
Construction In Progress	18.78	20.35	6.46	10.17	6.45	11.87
Leasehold Improvements	8.87	15.63	15.57	14.68	10.93	8.41

Data Source: S&P Global Market Intelligence Last updated: May 13, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 30, 2026

Data Sources Report a data error