Stocks Health care GLAS
NYSE · Health careGlass House Brands Inc. (GLAS)
Glass House Brands Inc. reported revenue of $182M in fiscal 2025, down 9.4% from a year earlier. It posted a net loss of $29.7M. In fiscal 2025 capital spending exceeded operating cash flow by $15.7M. At December 31, 2025 it held $23.4M in cash against $68.7M of debt. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on March 24, 2026.
Key facts about Glass House Brands Inc.
- Net worth
- Glass House Brands Inc. has a market value (market cap) of $169M at the latest share price, and shareholders' equity of $73.9M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $182M (-9.4% year on year), with a net loss of $29.7M.
- Cash flow
- In fiscal 2025 operations brought in $11.4M of cash; after $27.2M of capital spending, free cash flow was -$15.7M.
- Latest report
- The latest periodic report (annual report (Canadian issuer), 40-F) was filed with the SEC on March 24, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Glass House Brands Inc. does
Glass House Brands Inc. is registered with the SEC under industry code SIC 2833 (Medicinal Chemicals & Botanical Products). Its shares trade on NYSE under the ticker GLAS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $182M | -$29.7M | -$0.55 | -$15.7M |
| 2024 | $200.9M | $519K | -$0.21 | $18.1M |
| 2023 | $160.8M | -$98.3M | -$1.62 | $10.9M |
| 2022 | $84.9M | -$32.9M | -$0.83 | -$68.6M |
| 2021 | $63.2M | -$43.1M | -$1.11 | -$128.8M |
| 2021 | $48.3M | -$16.7M | -$0.78 | -$11.5M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where GLAS ranks in Health care
Latest SEC filings
What Glass House Brands Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 26, 2026
- October 19, 2026
- October 9, 2026
- September 29, 2026
- September 11, 2026
- August 14, 2026
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 13, 2026
- July 15, 2026
- July 15, 2026Form SUPPL filing SUPPL
Insider trades
What the people running Glass House Brands Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $30.7K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 16, 2026 | Tu WilliamSVP, Corporate Controller | Exercised options | 38,691 | - |
| September 16, 2026 | Tu WilliamSVP, Corporate Controller | Shares withheld for tax | 13,523 | $109.3K |
| September 11, 2026 | Tu WilliamSVP, Corporate Controller | Sold | 3,818 | $30.7K |
| September 4, 2026 | Tu WilliamSVP, Corporate Controller | Shares withheld for tax | 2,017 | $18.2K |
| September 1, 2026 | Tu WilliamSVP, Corporate Controller | Exercised options | 5,800 | - |
| June 3, 2026 | Tu WilliamSVP, Corporate Controller | Shares withheld for tax | 1,982 | $22.5K |
| June 1, 2026 | Tu WilliamSVP, Corporate Controller | Exercised options | 5,800 | - |
| May 26, 2026 | Tu WilliamSVP, Corporate Controller | Sold | 5,423 | $56.8K |
Who owns GLAS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Park West Asset Management LLC13G, passive with 2 related filers | 7.5% | August 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 53 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Park West Asset Management LLC | 5,182,030 | new |
| Western Standard LLC | 2,728,768 | new |
| Cantor Fitzgerald, L. P. | 2,700,000 | new |
| Nomura Holdings Inc | 2,283,439 | new |
| Wellington Management Group Llp | 1,145,088 | new |
| AdvisorShares Investments LLC | 850,000 | new |
| Clear Street Group Inc. | 825,000 | new |
| Hudson Bay Capital Management LP | 750,000 | new |
| Marex Group Ltd | 750,000 | new |
| Grizzlyrock Capital, LLC | 611,000 | new |
| Millennium Management LLC | 362,893 | new |
| K.J. Harrison & Partners Inc | 286,154 | new |
| Jane Street Group, LLC | 207,024 | new |
| Concurrent Investment Advisors, LLC | 147,253 | new |
| HighTower Advisors, LLC | 106,299 | new |
| Scoggin Management LP | 101,182 | new |
| Anson Funds Management LP | 87,191 | new |
| Zazove Associates LLC | 79,844 | new |
| Cedar Wealth Management, LLC | 56,211 | new |
| Villere ST Denis J & Co LLC | 55,000 | new |
Insiders
1 insiders reported holding 28,951 shares in total, about $55.6K at the last price.
| Holder | Shares |
|---|---|
| Tu WilliamSVP, Corporate Controller | 28,951 |
Questions about GLAS
What does Glass House Brands Inc. do?
Glass House Brands Inc. is a company in the Health care sector, listed on NYSE as GLAS. Its shares trade on NYSE under the ticker GLAS.
What is Glass House Brands Inc.'s net worth?
Glass House Brands Inc. has a market value (market cap) of $169M at the latest share price, and shareholders' equity of $73.9M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Glass House Brands Inc. profitable?
No. In fiscal 2025 it reported a net loss of $29.7M on revenue of $182M.
How much revenue does Glass House Brands Inc. make?
In fiscal 2025 Glass House Brands Inc. reported revenue of $182M. That is 9.4% less than a year earlier.
When did Glass House Brands Inc. last report?
Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on March 24, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from October 26, 2026.
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Where the numbers come from
Financial figures are the values Glass House Brands Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.