Green Thumb Industries (GTBIF) Company Report

Green Thumb Industries reported Q3 2025 revenue of $291.4 million, representing a 1.6% increase over the prior year.
The company achieved GAAP net income of $23.3 million or $0.10 per basic and diluted share, which would have been $9.7 million or $0.04 per basic and diluted share excluding a one-time gain on asset sales. Adjusted EBITDA for the quarter was $80.2 million, or 27.5% of revenue.
As of September 30, 2025, cash and cash equivalents totaled $226.2 million, and the company generated $74.1 million in cash flow from operations.
A new $50 million share repurchase program was authorized, effective from September 23, 2025, through September 22, 2026. This follows approximately $107 million in share repurchases since late 2023.
The company commenced adult-use cannabis sales at seven of its eight RISE Dispensaries in Minnesota on September 17, 2025.

Nov 5, 2025, 9:05 PM

Green Thumb Industries Reports Third Quarter 2025 Results

GTBIF

Earnings

Share Buyback

Guidance Update

Green Thumb Industries reported revenue of $291.4 million for the third quarter ended September 30, 2025, an increase of 1.6% over the prior year, with GAAP net income of $23.3 million ($0.10 per basic and diluted share) and Adjusted EBITDA of $80.2 million (27.5% of revenue).
The company maintained a strong balance sheet with cash totaling $226.2 million at quarter end and generated $74.1 million in cash flow from operations.
A new $50 million share repurchase program was authorized, effective from September 23, 2025, to September 22, 2026, building on approximately $107 million in share repurchases since late 2023.
Adult-use cannabis sales commenced at seven of eight RISE Dispensaries in Minnesota on September 17, 2025, with all eight dispensaries having launched adult-use sales as of the document date.

Nov 5, 2025, 9:02 PM

Green Thumb Industries to Launch Adult-Use Cannabis Sales in Minnesota

GTBIF

Product Launch

New Projects/Investments

Green Thumb Industries (GTBIF) announced that its RISE Dispensaries will commence adult-use cannabis sales at five Minnesota retail locations starting September 17.
The initial locations launching adult-use sales are Brooklyn Park, Eagan, Mankato, New Hope, and Willmar.
Customers will have access to Green Thumb's product portfolio, including RYTHM flower, Beboe gummies, Dogwalkers pre-rolls, Good Green pre-rolls, and &Shine vapes and gummies.
Profits from the first day of adult-use sales at each dispensary will be donated to local nonprofit organizations, such as Balanced Veterans Network and Metro Meals on Wheels.