GLAS (Glass House Brands) Gross Profit: $70.1 Mil (TTM As of Mar. 2026)


GLAS Glass House Brands Inc GLAS
44 GF Score
Price $13.00
GF Value $6.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Glass House Brands Gross Profit?

Glass House Brands GLAS 44 Gross Profit is $70.1 Mil as of Mar. 2026. GuruFocus rates GLAS with a GF Score™ of 44/100 and a GF Value™ of $6.46 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Glass House Brands's gross profit for the three months ended in Mar. 2026 was $13.2 Mil. Glass House Brands's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $70.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Glass House Brands's gross profit for the three months ended in Mar. 2026 was $13.2 Mil. Glass House Brands's Revenue for the three months ended in Mar. 2026 was $38.9 Mil. Therefore, Glass House Brands's Gross Margin % for the quarter that ended in Mar. 2026 was 33.99%.

Glass House Brands had a gross margin of 33.99% for the quarter that ended in Mar. 2026 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Glass House Brands was 50.34%. The lowest was 24.40%. And the median was 40.56%.


Glass House Brands  (NYSE:GLAS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Glass House Brands had a gross margin of 33.99% for the quarter that ended in Mar. 2026 => Competition eroding margins


Glass House Brands Gross Profit Related Terms


Glass House Brands Gross Profit Historical Data

* Premium members only.

The historical data trend for Glass House Brands's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Glass House Brands Gross Profit Chart

Glass House Brands Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial 15.80 20.71 80.97 97.39 76.96

Glass House Brands Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.07 31.93 11.76 13.21 13.21

GLAS vs ZTS, UTHR: Gross Profit Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Glass House Brands's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Glass House Brands Gross Profit vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Glass House Brands's Gross Profit distribution charts can be found below:

* The bar in red indicates where Glass House Brands's Gross Profit falls into.


GLAS
44GF Score
Glass House Brands Inc GLAS
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Glass House Brands Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Glass House Brands's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=181.984 - 105.024
=77.0

Glass House Brands's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=38.855 - 25.649
=13.2

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $70.1 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Glass House Brands's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=13.2 / 38.855
=33.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $70.1 Mil mean?
Glass House Brands (GLAS) has a Gross Profit of $70.1 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Glass House Brands and its competitors.
Is Glass House Brands' Gross Profit too high?
Glass House Brands' current Gross Profit is $70.1 Mil. Overall, Glass House Brands has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glass House Brands' Gross Profit compare to ZTS and UTHR?
Glass House Brands' Gross Profit of $70.1 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Drug Manufacturers company?
A good Gross Profit depends on the Drug Manufacturers industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Glass House Brands and its competitors. Glass House Brands's current Gross Profit is $70.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glass House Brands stock overvalued right now?
Based on GuruFocus' analysis, Glass House Brands (GLAS) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.46, compared to a current price of $13.00 — trading 101.2% above its estimated fair value. The current Gross Profit is $70.1 Mil. Glass House Brands' overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Glass House Brands (GLAS), the current Gross Profit is $70.1 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Glass House Brands (GLAS) Overvalued in 2026?

Based on GuruFocus' analysis, Glass House Brands stock appears to be overvalued. The current stock price of $13.00 is trading 101.2% above its estimated GF Value™ of $6.46. GuruFocus considers Glass House Brands to be Significantly Overvalued.

Key valuation signals for GLAS:

  • Gross Profit: $70.1 Mil
  • GF Value™: $6.46 vs. price of $13.00 (101.2% above fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the GLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Glass House Brands Business Description

Other Exchanges 4KF0:GermanyGLAS.A.U:Canada
Address 3645 Long Beach Boulevard, Long Beach, CA, USA, 90807
Glass House Brands Inc is an integrated cannabis company that operates exclusively in the state of California. Its portfolio of brands includes Glass House Farms, Forbidden Flowers, and Mama Sue Wellness. It cultivates, manufactures, and distributes cannabis bulk flower and trim to wholesalers and consumer packaged goods to third-party retail stores. It also owns and operates retail cannabis stores in the state of California. It has three reportable segments: Retail, Wholesale Biomass, and Cannabis-related consumer packaged goods. It generates the majority of its revenue from the Wholesale Biomass segment.
44GF Score

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.00
Price
$6.46
GF Value