Financials in USD. Standardized financial statements.
A compact view of how Glass House Brands Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $185.17M | $200.90M | $160.84M | $90.89M | $69.45M | $48.26M | $16.94M | $8.97M |
| Revenue Growth? | -7.8% | +24.9% | +77.0% | +30.9% | +43.9% | +184.9% | +88.9% | 0.0% |
| Cost of Revenue? | $122.90M | $103.50M | $79.87M | $69.35M | $53.43M | $29.52M | $8.46M | $3.75M |
| Gross Profit? | $62.27M | $97.39M | $80.97M | $21.54M | $16.02M | $18.74M | $8.48M | $5.22M |
| Gross Margin? | +33.6% | +48.5% | +50.3% | +23.7% | +23.1% | +38.8% | +50.1% | +58.2% |
| Operating Expenses? | $77.16M | $91.66M | $130.50M | $71.44M | $51.16M | $24.74M | $266,744 | $5.88M |
| Operating Income? | -$14.89M | $5.74M | -$49.53M | -$49.90M | -$35.14M | -$6.00M | -$266,743 | -$701,592 |
| EBITDA? | $1.15M | $35.45M | -$64.84M | -$17.93M | -$33.83M | -$5.35M | $4.35M | $65,975 |
| Income Before Tax | -$17.32M | $11.22M | -$88.12M | -$30.85M | -$41.07M | -$10.24M | $2.90M | -$954,090 |
| Income Tax Expense | $12.14M | $10.50M | $9.94M | $4.74M | $3.30M | $6.42M | $0 | $357,352 |
| Net Income? | -$29.46M | $519,000 | -$98.27M | -$35.60M | -$44.37M | -$16.66M | $2.90M | -$1.52M |
| EPS? | $-0.40 | $-0.21 | $-1.62 | $-0.55 | $-1.13 | $-0.78 | $0.12 | $-0.07 |
| Diluted EPS? | $-0.40 | $-0.21 | $-1.62 | $-0.55 | $-1.10 | $-0.78 | $0.12 | $-0.06 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality