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Green Thumb Industries (GTBIF) operating margin by quarter

Green Thumb Industries' operating margin was 6.5% in Q2 2026 (second quarter 2026), -7.1 pts from Q1 2026. Over the last 6 quarters it ranged from 6.1% (Q4 2025) to 15.2% (Q1 2025).

Green Thumb Industries operating margin by quarterGreen Thumb Industries operating margin by quarter15.2%Q1 202513.4%Q2 202512.6%Q3 20256.1%Q4 202513.6%Q1 20266.5%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 20266.5%-7.1 pts-6.9 pts
Q1 202613.6%+7.4 pts-1.6 pts
Q4 20256.1%-6.5 pts—
Q3 202512.6%-0.8 pts—
Q2 202513.4%-1.8 pts—
Q1 202515.2%——

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' operating margin?

Green Thumb Industries' operating margin was 6.5% in Q2 2026 (second quarter 2026), -7.1 pts from Q1 2026.

How has Green Thumb Industries' operating margin changed?

Over the last 6 quarters it ranged from 6.1% (Q4 2025) to 15.2% (Q1 2025).

Q2 2026 results → · How Green Thumb Industries makes money →