Glass House Brands (GLAS)
Grows California cannabis at greenhouse scale and sells branded flower, gummies and related products.
$7.87
vs last close−0.14 (−1.72%)
In millions of USD, except per-share figures
| In millions | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|
| Revenue | 38 | 39 | 39 | 47 |
| Cost of revenue | 27 | 26 | 26 | 31 |
| Gross profit | 12 | 13 | 13 | 16 |
| 23 | 26 | 26 | 19 | |
| 19 | 22 | 22 | 15 | |
| Selling & marketing | 1 | 0 | 0 | 0 |
| General & administrative | 18 | 21 | 21 | 15 |
| Other expenses | 4 | 4 | 4 | 3 |
| Operating income | −11 | −13 | −13 | −3 |
| 0 | 0 | 0 | 1 | |
| Interest expense | 2 | 1 | 1 | 0 |
| Other non-operating income | −2 | −1 | −1 | 0 |
| Income before tax | −11 | −13 | −13 | −2 |
| Income tax expense | 1 | 3 | 3 | 3 |
| Net income from continuing operations | −12 | −16 | −16 | −5 |
| Discontinued operations | 0 | 0 | 0 | −2 |
| Net income | −12 | −16 | −16 | −7 |
| EPS, basic | −$0.19 | −$0.19 | −$0.18 | −$0.09 |
| EPS, diluted | −$0.19 | −$0.19 | −$0.18 | −$0.09 |
| Weighted average shares, basic | 83 | 82 | 85 | 80 |
| Weighted average shares, diluted | 83 | 82 | 85 | 89 |
| EBITDA | −5 | −7 | −7 | 0 |
| Depreciation & amortization | 4 | 4 | 4 | 3 |
| EBIT | −9 | −11 | −11 | −3 |