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Glass House Brands vs Usana Health Sciences: revenue, profit, margins and growth compared

Glass House Brands brought in $182M of revenue in fiscal 2025, Usana Health Sciences $925.3M in fiscal 2025. Revenue changed by -9.4% at Glass House Brands and +8.3% at Usana Health Sciences on the year before, so Usana Health Sciences grew faster. Glass House Brands kept -16.3% of its revenue as net profit, Usana Health Sciences 1.2%. Free cash flow was -$15.7M at Glass House Brands and $8.5M at Usana Health Sciences.

Side by side, latest fiscal year

GLASUSNA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (January 3, 2026)
Revenue$182M$925.3M
Revenue growth-9.4%+8.3%
Net income-$29.7M$10.8M
Net margin-16.3%1.2%
Free cash flow-$15.7M$8.5M
Free cash flow margin-8.6%0.9%
Earnings per share (diluted)-$0.55$0.58
Cash$23.4M$158.4M
Debt$68.7Mn/a
Price to earningsn/a25.0
Market value$598.4M$267.9M
Dividend yieldn/an/a
Rank by revenue in sector#261 of 523 · Health care#150 of 523 · Health care

Over the years

Revenue
GLAS FY2021: $48.3MGLAS FY2021: $63.2MGLAS FY2022: $84.9MGLAS FY2023: $160.8MGLAS FY2024: $200.9MGLAS FY2025: $182MUSNA FY2018: $1.2BUSNA FY2019: $1.1BUSNA FY2020: $1.1BUSNA FY2022: $1.2BUSNA FY2022: $998.6MUSNA FY2023: $921MUSNA FY2023: $854.5MUSNA FY2025: $925.3MFY18FY19FY20FY21FY22FY23FY24FY25
GLAS $182MUSNA $925.3M
Net income
GLAS FY2021: -$16.7MGLAS FY2021: -$43.1MGLAS FY2022: -$32.9MGLAS FY2023: -$98.3MGLAS FY2024: $519KGLAS FY2025: -$29.7MUSNA FY2018: $126.2MUSNA FY2019: $100.5MUSNA FY2020: $124.7MUSNA FY2022: $116.5MUSNA FY2022: $69.4MUSNA FY2023: $63.8MUSNA FY2023: $42MUSNA FY2025: $10.8MFY18FY19FY20FY21FY22FY23FY24FY25
GLAS -$29.7MUSNA $10.8M
Net margin
GLAS FY2021: -34.5%GLAS FY2021: -68.2%GLAS FY2022: -38.8%GLAS FY2023: -61.1%GLAS FY2024: 0.3%GLAS FY2025: -16.3%USNA FY2018: 10.6%USNA FY2019: 9.5%USNA FY2020: 11.0%USNA FY2022: 9.8%USNA FY2022: 6.9%USNA FY2023: 6.9%USNA FY2023: 4.9%USNA FY2025: 1.2%FY18FY19FY20FY21FY22FY23FY24FY25
GLAS -16.3%USNA 1.2%
Revenue growth
GLAS FY2021: +30.9%GLAS FY2022: +34.3%GLAS FY2023: +89.5%GLAS FY2024: +24.9%GLAS FY2025: -9.4%USNA FY2019: -10.8%USNA FY2020: +7.0%USNA FY2022: +4.6%USNA FY2022: -15.8%USNA FY2023: -7.8%USNA FY2023: -7.2%USNA FY2025: +8.3%FY19FY20FY21FY22FY23FY24FY25
GLAS -9.4%USNA +8.3%
Free cash flow
GLAS FY2021: -$11.5MGLAS FY2021: -$128.8MGLAS FY2022: -$68.6MGLAS FY2023: $10.9MGLAS FY2024: $18.1MGLAS FY2025: -$15.7MUSNA FY2018: $140.7MUSNA FY2019: $110.2MUSNA FY2020: $145.3MUSNA FY2022: $108.5MUSNA FY2022: $93.5MUSNA FY2023: $56.1MUSNA FY2023: $50.9MUSNA FY2025: $8.5MFY18FY19FY20FY21FY22FY23FY24FY25
GLAS -$15.7MUSNA $8.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Glass House Brands and Usana Health Sciences

Which is bigger by revenue, Glass House Brands or Usana Health Sciences?

Usana Health Sciences is bigger by revenue: $925.3M in fiscal 2025, against $182M for Glass House Brands in fiscal 2025.

Which keeps more of its revenue as profit, Glass House Brands or Usana Health Sciences?

Glass House Brands had a net margin of -16.3% in fiscal 2025; Usana Health Sciences had 1.2% in fiscal 2025.

Which grew revenue faster, Glass House Brands or Usana Health Sciences?

In their latest fiscal years revenue changed by -9.4% at Glass House Brands and +8.3% at Usana Health Sciences.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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