StocksMedium•4 November 2026•
1 min read
Green Thumb Industries Reports 11.3% Revenue Growth and Q3 Net Loss
Key Facts
1Green Thumb Industries reported Q3 revenue of $324.4 million, an 11.3% increase year-over-year.
2The company swung to a net loss of $4.8 million compared to a net income of $23.3 million in the prior-year quarter.
Green Thumb Industries reported Q3 2026 revenue of $324.4 million, marking an 11.3% increase year-over-year according to Stock Titan. The company swung to a net loss of $4.8 million for the period, a significant shift from the net income of $23.3 million recorded in the prior-year quarter.
The stock, trading under the ticker GTBIF, closed at $6.75 on November 3, 2026. Despite the GAAP net loss, normalized EBITDA rose to $89.4 million or 27.6% of revenue, supported by growth in retail and consumer packaged goods revenue even as licensing fees and increased expenses impacted overall margins.