Glass House Brands Inc
glasshousebrands.comHow Do They Make Money?
FY2025 revenue by reportable segment
revenue
Revenue, FY2025
$182M
Sources
-
40-F for FY2025, filed Mar 24, 2026
$182M ↗
| Segment | Share | Revenue |
|---|---|---|
|
Retail
|
27%
FY2022: 31%
|
Retail, FY2025
$48.2M Sources
|
|
Wholesale Biomass
|
63%
FY2022: 49%
|
Wholesale Biomass, FY2025
$114.2M Sources
|
|
CPG
|
11%
FY2022: 20%
|
CPG, FY2025
$19.5M Sources
|
Do Revenues Turn Into Profits?
No. It lost $29.7M in FY2025.
40-F for FY2025, filed Mar 24, 2026
Sources
Operating income, FY2025
Sources
40-F for FY2025, filed Mar 24, 2026
−$16.5MView ↗
▼ Now a loss
vs FY2024 ($5.7M, 3%)
Net income, FY2025
Sources
40-F for FY2025, filed Mar 24, 2026
−$29.7MView ↗
▼ Now a loss
vs FY2024 ($519K, 0%)
Free cash flow, FY2025
Sources
40-F for FY2025, filed Mar 24, 2026
−$15.8MView ↗
▼ Now a loss
vs FY2024 ($18.1M, 9%)
How Are They Changing?
Revenue over time
Retail
Wholesale Biomass
CPG
Corporate & Other
$250M$125M$0
$41.4M
$39.1M
$105.7M
$43.8M
$139.1M
$48.2M
$114.2M
100%50%0%
31%
49%
20%
24%
66%
22%
69%
27%
63%
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