GLAS · NYSE · Drug Manufacturers - Specialty & Generic

Glass House Brands

Grows California cannabis at greenhouse scale and sells branded flower, gummies and related products.

$10.01
After-hours close+0.09 (+0.89%)
At close$9.92(+1.43%)
Loading prices…

Profile

Glass House Brands IncGLASHealth Care

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

CEOKyle Kazan
ListedJun 30, 2026
ExchangeNYSE
HeadquartersLong Beach, CA
CountryUnited States
Employees426
CIK0001848731
ISINCA3771304068

Key statistics

Market cap$765.0M
EPS (ttm)−$0.6344
P/E (ttm)−15.57
ROE-50.9%
P/B10.85
P/S4.69
Dividend yield
Beta

Year to date −12.2% · Average volume (30d) 355.0K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate−$0.01
ReportedDue Nov 11, 2026

Revenue

Estimate$52.8M
ReportedDue Nov 11, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext 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%
View details

Financial highlights

2 quartersQ1 FY26Q2 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 margin34.0%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

Institutions Insiders

Shares outstanding 77.43M · Float 69.60M

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Park West Asset Management LLC6.02M7.50%13GAug 14, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

Not reported.