Glass House Brands Inc. (GLAS)
NYSE: GLAS · Real-Time Price · USD
9.35
-0.53 (-5.36%)
Aug 31, 2026, 1:44 PM EDT - Market open
Glass House Brands Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 176.98 | 181.98 | 200.9 | 160.84 | 84.87 | 63.19 | |
Revenue Growth | -10.39% | -9.41% | 24.91% | 89.50% | 34.31% | 30.94% |
Cost of Revenue | 120.68 | 105.02 | 103.51 | 79.87 | 64.16 | 47.39 |
Gross Profit | 56.3 | 76.96 | 97.39 | 80.97 | 20.71 | 15.8 |
Selling, General & Admin | 80.51 | 74.89 | 70.31 | 63.06 | 56.69 | 41.37 |
Operating Expenses | 96.56 | 90.65 | 85.36 | 77.68 | 68.99 | 46.14 |
Operating Income | -40.26 | -13.69 | 12.04 | 3.29 | -48.28 | -30.34 |
Interest Expense | -2.02 | -7.06 | -9.18 | -9.82 | -7.61 | -2.74 |
Interest & Investment Income | - | 0.29 | - | 0.05 | 0.06 | 0.06 |
Earnings From Equity Investments | 0.67 | 0.08 | 0.01 | -2.1 | -2.01 | -1.09 |
Other Non Operating Income (Expenses) | -0.3 | -3.15 | 0.51 | -2.31 | 0.22 | 0.71 |
EBT Excluding Unusual Items | -41.93 | -23.53 | 3.37 | -10.9 | -57.62 | -33.39 |
Merger & Restructuring Charges | - | - | - | - | -2.26 | -5.02 |
Impairment of Goodwill | - | - | - | -37.91 | -5.85 | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | -0.82 |
Gain (Loss) on Sale of Assets | - | - | - | - | - | -6.09 |
Asset Writedown | -1.9 | -1.9 | -6.3 | -14.9 | - | - |
Other Unusual Items | 4.41 | 8.41 | 14.15 | -24.4 | 28.38 | 4.03 |
Pretax Income | -39.42 | -17.02 | 11.22 | -88.12 | -37.35 | -41.29 |
Income Tax Expense | 11.67 | 11.93 | 10.5 | 9.94 | -4.39 | 2.01 |
Earnings From Continuing Operations | -51.08 | -28.95 | 0.72 | -98.06 | -32.96 | -43.3 |
Minority Interest in Earnings | -0.84 | -0.71 | -0.2 | -0.21 | 0.06 | 0.2 |
Net Income | -52.21 | -29.66 | 0.52 | -98.27 | -32.9 | -43.1 |
Preferred Dividends & Other Adjustments | 11.87 | 15.4 | 15.96 | 18.44 | 20.25 | 1.8 |
Net Income to Common | -64.08 | -45.06 | -15.44 | -116.71 | -53.15 | -44.9 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 86 | 82 | 75 | 72 | 64 | 40 |
Shares Outstanding (Diluted) | 86 | 82 | 75 | 72 | 64 | 40 |
Shares Change | 8.46% | 8.91% | 4.44% | 12.22% | 59.34% | 89.42% |
EPS (Basic) | -0.75 | -0.55 | -0.21 | -1.62 | -0.83 | -1.11 |
EPS (Diluted) | -0.75 | -0.55 | -0.21 | -1.62 | -0.83 | -1.11 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -37.02 | -15.73 | 18.1 | 10.92 | -68.55 | -128.78 |
Free Cash Flow Per Share | -0.43 | -0.19 | 0.24 | 0.15 | -1.07 | -3.20 |
Gross Margin | 31.81% | 42.29% | 48.48% | 50.34% | 24.40% | 25.00% |
Operating Margin | -22.75% | -7.52% | 5.99% | 2.04% | -56.89% | -48.01% |
Profit Margin | -36.21% | -24.76% | -7.69% | -72.57% | -62.63% | -71.05% |
Free Cash Flow Margin | -20.92% | -8.64% | 9.01% | 6.79% | -80.77% | -203.79% |
EBITDA | -24.21 | 2.07 | 27.08 | 17.91 | -35.98 | -25.57 |
EBITDA Margin | -13.68% | 1.14% | 13.48% | 11.14% | -42.39% | -40.47% |
D&A For EBITDA | 16.05 | 15.76 | 15.04 | 14.63 | 12.3 | 4.77 |
EBIT | -40.26 | -13.69 | 12.04 | 3.29 | -48.28 | -30.34 |
EBIT Margin | -22.75% | -7.52% | 5.99% | 2.04% | -56.89% | -48.01% |
Effective Tax Rate | - | - | 93.57% | - | - | - |
Advertising Expenses | - | 1.1 | 1 | 1.2 | - | - |