Glass House Brands Q2 2026 adjusted EBITDA swings to profit of $5.7 million; revenue rises 64% q/q to $47 million
PUBT · 1d ago
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- Glass House posted Q2 revenue of USD 47 million, up 64% from Q1; gross margin widened to 34% from 14%.
- Net loss widened to USD 6.68 million from USD 17.01 million in Q1; operating loss narrowed to USD 3 million from USD 14.56 million.
- Non-GAAP adjusted EBITDA swung to a gain of USD 5.69 million from a loss of USD 4.17 million in Q1.
- Equivalent dry pound production climbed 62% to 245,746 pounds versus Q1; cost per pound fell 30.29% to USD 122.
- Retail operations were deconsolidated June 12; full-year 2026 wholesale biomass output forecast reaffirmed at about 1 million pounds.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Glass House Brands Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608131605PRIMZONECNPR____9809853) on August 13, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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