)
Edge6 Mar 2026
Upvoted: The Story of Reddit
How Reddit built a unique platform around communities and conversation, turning human insight and intent into a distinctive business model.
Green Thumb Industries
Green Thumb Industries (GTII) investor relations material
Green Thumb Industries Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary25 Feb, 2026
Executive summary
Fourth quarter 2025 revenue reached $311.1 million, up 5.7% year-over-year, with full-year revenue at $1.18 billion, a 3.4% increase over 2024.
Net income for Q4 was $83.2 million ($0.36 per basic share), and for the year $114.2 million ($0.49 per basic share), driven by favorable fair value adjustments on related party warrants.
Retail footprint expanded by 12 stores to 113 locations across 14 states, with significant contributions from Minnesota's transition to adult-use sales.
Strong cash position at year-end ($274.3 million) and increased credit facility by $50 million post-quarter.
Financial highlights
Q4 gross profit was $141.3 million (45.4% margin), down from $158.1 million (53.7%) year-over-year due to price compression.
Full-year gross profit was $574.9 million (48.9% margin), down from $601.1 million (52.9%) in 2024.
Normalized EBITDA for Q4 was $100.2 million (32.2% of revenue); for the year, $348.4 million (29.6% of revenue).
Cash flow from operations was $90.0 million in Q4 and $294.9 million for the year.
Repurchased 7.7 million Subordinate Voting Shares for $38.9 million in 2025; cumulative buybacks since September 2023 total 15.5 million shares for $121.8 million.
Outlook and guidance
Q1 2026 revenues expected to decline sequentially by mid-single digits due to ongoing pricing pressure and seasonality.
2026 capital expenditures anticipated at approximately $80 million, similar to 2025.
Gross margin recovery outlook
RYTHM Inc. separation's growth impact
Plan to reverse comparable sales decline
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Next Green Thumb Industries earnings date
Q1 20266 May, 2026
Green Thumb Industries
Next Green Thumb Industries earnings date
Q1 20266 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Green Thumb Industries Inc. manufactures cannabis products for medical and adult-use in the United States. The company sells vaporizer cartridges and vaporizer devices, as well as various types of cannabis flower, such as indica, sativa, hybrid. It also offers concentrates and a variety of edibles. The company's products are sold through its retail stores.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage