Glass House Brands Inc

Glass House Brands Inc

GLAS
Glass House Brands IncUS flagNew York Stock Exchange
8.81
USD
+0.21
- -
682.13MMarket Cap
Glass House Brands Inc
GLAS
(New York Stock Exchange)

Recent

price

8.81

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
FRC
2.27
1.57
1.32
2.27
2.61
2.23
1.94
Revenue per Share
-0.78
-1.11
-0.83
-1.65
-0.2
-0.55
-0.69
Basic EPS, GAAP
-0.54
-3.2
-1.07
0.15
0.24
-0.19
-0.44
Free Cash Flow per Basic Share
- -
0.04
0.06
0.09
0.1
0.1
0.12
Dividend per Share
1.18
3.18
2.48
1.27
1.51
0.9
0.77
Book Value per Share
0.72
3
1.39
0.97
1.33
0.76
0.76
Tangible Book Value per Share
21
40
64
71
77
82
85
Basic Weighted Avg Shares
48
63
85
161
201
182
165
Sales/Revenue/Turnover
-12.44
-55.95
-59.55
2.04
5.99
-8.04
-25.12
Operating Margin (%)
3
5
12
15
15
16
16
Depreciation Expense
-17
-43
-33
-98
1
-30
-52
Net Income, GAAP
- -
- -
- -
- -
93.57
- -
- -
Effective Tax Rate (%)
-34.52
-68.21
-38.77
-61.1
0.26
-16.3
-31.68
Profit Margin (%)
-1
13
-15
-38
- -
30
18
Working Capital
21
48
73
66
59
73
56
LT Debt
26
182
169
130
149
82
73
Total Equity
- -
- -
- -
- -
0.35
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
0.43
- -
- -
Return on Capital (%)
- -
-43.09
-30.29
-90.26
-14.99
-47.39
-53.46
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2
2
15
LT Borrowings
69
68
55
LT Finance Leases
4
4
1
Preferred Equity and Hybrid Capital
- -
92
- -
Shares Outstanding
82
85
94
Market Capitalization
- -
- -
1,219

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
68
74
71
Cash, Cash Equivalents & STI
20
24
19
Accounts Receivable, Net
4
6
10
Inventories
26
32
34
Total Current Liabilities
38
40
53
Payables & Accruals
36
38
38
ST Debt
2
2
15
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
106.39%
-44.92%
Free Cash Flow
- -
146.27%
-186.93%
Net Income, GAAP
- -
-1,116.29%
-5,814.64%
Sales/Revenue/Turnover
- -
34.05%
-9.41%
Total Cash Common Dividend
- -
- -
-13.59%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30
54
64
53
201
2025
45
48
38
39
182
2026
41
47
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.3
0.08
-0.09
0.1
-0.2
2025
-0.12
0.05
-0.19
-0.23
-0.55
2026
-0.2
-0.08
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.03
0.03
0.1
2025
0.02
0.02
0.02
0.03
0.1
2026
0.03
0.03
- -
- -
- -
Business
Glass House Brands Inc. is a vertically integrated cannabis company focused on cultivating, manufacturing, branding, and retailing cannabis products in California, United States. The company operates a seed-to-sale ecosystem spanning greenhouse cultivation, production, brand management, and distribution, with a portfolio that includes multiple consumer brands and a network of retail stores across California. Headquarters are in Long Beach, California, and the company was founded in 2015. Main Products and Services - Cultivation: greenhouse cannabis cultivation facilities in Carpinteria and Camarillo, California, deploying advanced cultivation technology to produce biomass and flower for wholesale and owned brands. - Manufacturing: full manufacturing operations in Lompoc, California, producing cannabis products including biomass, bulk flower, finished consumer packaged goods (CPG), concentrates, extracts, and infused products. - Brand Portfolio: ownership and management of multiple brands across different segments, including Glass House Farms, PLUS Products, Allswell, Reeform, Mama Sue Wellness, and related product lines; product categories span raw flower, oil, edibles, pre-rolls, tinctures, and topicals. - Wholesale and Distribution: sale of cannabis biomass, trim, and processed products to wholesalers and third-party retailers; distribution logistics for California-based customers. - Retail: ownership and operation of California retail cannabis stores delivering adult-use and medicinal products, with in-store pickup and online ordering capabilities. - E-commerce and Services: online ordering, in-store pickup, and delivery services for consumers; payment processing support and ancillary services as part of a integrated operating model. Latest Major Company Changes - Strategic expansion within California’s cannabis market through ongoing scale-up of cultivation capacity and integrated manufacturing capabilities to support growing brand demand. - Brand and product line expansion across multiple categories, including new edible formats and infused products under the PLUS and Glass House Farms portfolios. - Operational enhancements and reorganizations to streamline seed-to-sale processes and improve operational efficiency across cultivation, manufacturing, and retail networks. - Partnerships and collaborations with distributors and retailers to broaden California footprint and optimize route-to-market for core product lines. - Refined focus on sustainability and compliance initiatives to align with evolving regulatory requirements and industry best practices. Additional Context - Industry and segments: cannabis (cultivation, processing/manufacturing, brand development, wholesale, and retail) with a strong emphasis on consumer packaged goods and California-centric operations. - Target markets: adult-use and medicinal cannabis consumers in California; wholesale customers and retail partners nationwide through brand and distribution strategies. - Geographic operations: primarily California, United States, with brand presence and distribution channels designed to support state-wide markets; corporate headquarters in Long Beach, California. - Founding year and headquarters: founded in 2015; headquarters in Long Beach, California. - Subsidiaries/parent relationships: owns and operates multiple cultivation facilities and a manufacturing facility; maintains a portfolio of brands under its corporate umbrella and retail store network in California.

Company News

  • Glass House Brands to Participate in Upcoming September Investor Conferences

  • Fireblocks Sets Sights on Next Phase of Tokenization: NYSE Content Update

  • Fireblocks Sets Sights on Next Phase of Tokenization: NYSE Content Update

  • Glass House Brands Inc. (GLAS) Q2 2026 Earnings Call Transcript

  • Glass House Brands Reports Second Quarter 2026 Financial Results

  • Is Glass House Brands Inc (GLAS) Overvalued After 3.1% Rally? GF Value Says Overvalued

  • Glass House Brands to Host Second Quarter 2026 Earnings Call on August 13, 2026

  • Glass House Brands Retains Former DEA Compliance Executive to Advise on Interstate Commerce and Export Opportunities

  • Glass House Brands Announces the Filing of an Updated At-The-Market Distribution Program