6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $182M | -$30M | 42.3% | -9.1% | -40.1% | -9.3% | -$16M | $69M | $23M |
| 2024 | $201M | $519000 | 48.5% | 2.9% | 0.4% | 0.2% | $18M | $58M | $37M |
| 2023 | $161M | -$98M | 50.3% | -30.8% | -109.5% | -32.3% | $11M | $64M | $33M |
| 2022 | $85M | -$33M | 24.4% | -66.4% | -19.5% | -9.4% | -$69M | $63M | $14M |
| 2021 | $63M | -$43M | 25.0% | -57.2% | -23.7% | -15.0% | -$129M | $45M | $54M |
| 2020 | $48M | -$17M | 38.8% | -12.4% | -63.4% | -24.0% | -$12M | $16M | $5M |
How the market has priced GLAS against its own fundamentals since 2026-06 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Glass House Brands Inc.'s revenue has grown 30.4% per year. These are computed facts, not advice.
As of FY2025, Glass House Brands Inc. reported $69M of total debt against $23M of cash; operating income covered interest expense -2.3×.
In FY2025, gross margin was 42.3%, operating margin -9.1%, and net margin -16.3%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.