Earnings ·
Green Thumb Industries Inc. reported financial results for the quarter ended June 30, 2026, posting revenue of $306.7…
GTBIFGreen Thumb Industries Inc.
Green Thumb Industries Inc. reported financial results for the quarter ended June 30, 2026, posting revenue of $306.7 million, a 4.6% increase year-over-year. The company achieved GAAP net income of $4.9 million, or $0.02 per share, and normalized EBITDA of $84.3 million. Cash flow from operations was $29.0 million, while cash on hand totaled $283.6 million against total debt of $283.0 million. Management repurchased approximately 7.9 million shares for $48.3 million during the quarter. Recent developments include the launch of adult-use sales in New Jersey and Pennsylvania, and Virginia's authorization for recreational cannabis starting July 1, 2027. Green Thumb Industries Inc. operates as a leading national cannabis consumer packaged goods company and retailer.