Filing Flows › Green Thumb Industries (GTBIF) › Q3 2026 › vs Q2 2026
Green Thumb Industries (GTBIF) Q3 2026 vs Q2 2026 (quarter over quarter)
Green Thumb Industries's revenue rose $17.7M (+6%) from $307M in Q2 2026 to $324M in Q3 2026.
Green Thumb Industries, Q3 2026: revenue $324M (+11% year over year), operating margin 7.7%, net loss $6.7M, operating cash flow $58.3M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 11.7% | 2.9% | +8.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $324M | $307M | $17.7M | +6% |
| Net loss | $6.7M | −$3.4M | $10.1M | — |
| Costs & expenses | $331M | $307M | $24.4M | +8% |
| Operating costs | $299M | $287M | $12.6M | +4% |
| Interest & other, net | $3.7M | $4.0M | −$339K | -8% |
| Income tax | $28.1M | $12.5M | $15.5M | +124% |
| Cost of revenue | $178M | $169M | $8.8M | +5% |
| Operating expenses | $122M | $118M | $3.8M | +3% |
| Operating cash sources | $64.9M | $25.6M | $39.3M | +154% |
| Depreciation & amortization | $34.2M | $33.2M | $1.0M | +3% |
| Share-based compensation | $10.4M | $10.6M | −$203K | -2% |
| Working capital & other | $20.3M | −$18.2M | $38.5M | — |
| Net loss absorbed | $6.7M | −$3.4M | $10.1M | — |
| Operating cash flow | $58.3M | $29.0M | $29.3M | +101% |
| Free cash flow (OCF − capex) | $38.0M | $8.8M | $29.2M | +333% |
| Capital expenditures | $20.2M | $20.2M | $19K | +0.1% |
Questions
How much did Green Thumb Industries's revenue grow quarter over quarter in Q3 2026?
Green Thumb Industries's revenue rose $17.7M (+6%) from $307M in Q2 2026 to $324M in Q3 2026.