Glass House Brands
Grows California cannabis at greenhouse scale and sells branded flower, gummies and related products.
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Profile
Sells greenhouse-grown cannabis biomass and branded flower, pre-rolls, gummies and wellness products, primarily through California wholesale channels. Continuing operations exclude its deconsolidated retail network and rely on greenhouse cultivation, licensed operations and third-party retailers.
Cultivates cannabis in greenhouse facilities in Carpinteria and Camarillo and manufactures branded consumer packaged goods in Lompoc. Wholesale biomass—bulk flower and trim, raw cannabis, cannabis oil and related material—is its core continuing line, complemented by branded products sold through third-party California retailers. Brands include Glass House Farms, PLUS, Allswell, REEFORM and Mama Sue.
Applies technology-assisted greenhouse cultivation, vertical integration and efficient production at scale to pursue consistent supply at attractive prices. Former retail operations are deconsolidated in Glass House Retail, whose results are treated as discontinued operations while the parent recognizes its interest through the equity method. Remaining operations are medically licensed and shaped by NYSE eligibility rules, California concentration, licensing, labor, contractors and key cultivation inputs.
Company facts
Categories
Key statistics
Year to date −12.2% · Average volume (30d) 355.0K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 13, 2026Q2 FY26 | −$0.08 | −$0.08 | −4.3% | $54.4M | $47.0M | −13.6% | −5.62% |
| May 13, 2026Q1 FY26 | −$0.18 | −$0.20 | −14.3% | $40.2M | $40.5M | +0.9% | — |
| Mar 24, 2026 | −$0.19 | −$0.20 | −6.7% | $38.8M | $38.9M | +0.1% | — |
| Nov 12, 2025 | −$0.18 | −$0.15 | +14.3% | $35.9M | $38.4M | +7.1% | — |
Financial highlights
| 2 quarters | — | — | — | — | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $38.9M | $47.0M | |
| Gross profit | — | — | — | — | $13.2M | $15.8M | |
| Operating income | — | — | — | — | −$12.7M | −$3.0M | |
| Net income | — | — | — | — | −$15.5M | −$6.8M | |
| Diluted EPS | — | — | — | — | −$0.18 | −$0.09 | |
| Gross margin | — | — | — | — | 34.0% | 33.5% | |
| Operating margin | — | — | — | — | -32.6% | -6.4% |
Balance sheet, Jun 30, 2026Cash & short-term investments $18.6M · Total debt $72.3M · Total assets $313.4M · Shareholders' equity $72.6M
Dividends
No dividends on record.
Ownership
Shares outstanding 77.43M · Float 69.60M
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Park West Asset Management LLC | 6.02M | 7.50% | 13G | Aug 14, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
Not reported.


