Glass House Brands Inc

Glass House Brands Inc

2.24
USD
-0.04
(-1.75%)
-0.58EPS
1.10BMarket Cap
Nov 18Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.27
1.57
1.32
2.23
2.61
2.23
1.94
Basic EPS, GAAP
-0.78
-1.11
-0.83
-1.62
-0.2
-0.55
-0.69
Free Cash Flow per Basic Share
-0.54
-3.2
-1.07
0.15
0.24
-0.19
-0.44
Dividend per Share
- -
0.04
0.06
0.09
0.1
0.1
0.12
Book Value per Share
1.18
3.18
2.48
1.27
1.51
0.9
0.82
Tangible Book Value per Share
0.72
3
1.39
0.97
1.33
0.76
0.81
Basic Weighted Avg Shares
21
40
64
72
77
82
85
Sales/Revenue/Turnover
48
63
85
161
201
182
165
Operating Margin (%)
-12.44
-55.95
-59.55
2.04
5.99
-8.04
-25.12
Depreciation Expense
3
5
12
15
15
16
16
Net Income, GAAP
-17
-43
-33
-98
1
-30
-52
Effective Tax Rate (%)
- -
- -
- -
- -
93.57
- -
- -
Profit Margin (%)
-34.52
-68.21
-38.77
-61.1
0.26
-16.3
-31.68
Working Capital
-1
13
-15
-38
- -
30
18
LT Debt
21
48
73
66
59
73
56
Total Equity
26
182
169
130
149
82
73
Return on Invested Capital (%)
- -
- -
- -
- -
0.17
- -
- -
Return on Capital (%)
- -
- -
- -
- -
0.43
- -
- -
Return on Common Equity (%)
- -
-43.09
-30.29
-90.26
-14.99
-47.39
-53.46

Capital Structure

USD

•

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
- -
93
- -
Shares Outstanding
82
85
89
Market Capitalization
715
690
1,101

Working Capital

USD

•

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

USD

•

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

USD

•

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

USD

•

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

USD

•

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
- -
- -
- -

Company Description

CEO
Kyle D. Kazan
Full Time Employees
426
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
3645 Long Beach Boulevard Long Beach CA United States 90807
IPO Date
Jul 26, 2021
Business
Glass House Brands Inc. operates as a vertically integrated cannabis company focused on the California market, cultivating, manufacturing, distributing, and retailing cannabis products through its greenhouse operations, processing facilities, and retail dispensaries. The company offers a portfolio of consumer brands including Glass House Farms for premium greenhouse-grown flower; PLUS for THC-infused gummies in various doses, ratios, flavors, and functional ingredients; Allswell for affordable flower, pre-rolls, and gummies; REEFORM for products supporting cannabis reform initiatives; Mama Sue Wellness for wellness-oriented cannabis items; and additional offerings such as Forbidden Flowers and FIELD, alongside raw cannabis, cannabis oil, edibles, flower jars and bags, single and multi-pack pre-rolls, tinctures, and biomass for wholesalers; it also provides retail services through its Farmacy branded stores including in-store pickup and home delivery for adult-use and medical customers. Founded in 2015 and headquartered in Long Beach, California, Glass House Brands conducts all operations within the state across cultivation sites like its SoCal Farm and Padaro Greenhouse Farm, targeting recreational and medical cannabis consumers through three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. Recent developments include the completion of Phase II expansion at its SoCal Farm with Greenhouse 5 commencing commercial operations in January 2024 and delivering first full-quarter production in Q2 2025; the acquisition of PLUS Products, California's fourth-largest edibles brand, and three NHC dispensaries; the launch of Allswell as a value brand achieving top flower sales by units in Q2 2024; a partnership with Eaze to introduce PLUS gummies in Florida; and a hemp research and development agreement with the University of California, Berkeley in 2025.

Company News

  • Glass House Brands Reports Preliminary Unaudited Third Quarter Financial Results and Resignation of John Nichols Jr. from Board of Directors

  • Glass House Brands Receives Good Agricultural and Collection Practice (GACP) Certifications

  • Glass House Brands Announces Planned Retirement of Chief Financial Officer

  • Glass House Brands Releases Mama Sue Professional Athlete Balm for Sale in California

  • 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