Filing Flows › Green Thumb Industries (GTBIF) › Gross margin
Green Thumb Industries (GTBIF) gross margin by quarter
Green Thumb Industries' gross margin was 45.0% in Q2 2026 (second quarter 2026), -2.9 pts from Q1 2026. Over the last 6 quarters it ranged from 45.0% (Q2 2026) to 51.3% (Q1 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 45.0% | -2.9 pts | -4.9 pts |
| Q1 2026 | 47.9% | +2.4 pts | -3.4 pts |
| Q4 2025 | 45.4% | -4.0 pts | — |
| Q3 2025 | 49.4% | -0.4 pts | — |
| Q2 2025 | 49.9% | -1.4 pts | — |
| Q1 2025 | 51.3% | — | — |
Q2 2026 at a glance
Green Thumb Industries, Q2 2026: revenue $307M (+5% year over year), operating margin 6.5%, net earnings $4.9M, operating cash flow $29.0M. The chart follows the revenue to costs, profit and cash.
Questions
What is Green Thumb Industries' gross margin?
Green Thumb Industries' gross margin was 45.0% in Q2 2026 (second quarter 2026), -2.9 pts from Q1 2026.
How has Green Thumb Industries' gross margin changed?
Over the last 6 quarters it ranged from 45.0% (Q2 2026) to 51.3% (Q1 2025).
Q2 2026 results → · How Green Thumb Industries makes money →