Flagship explainer

How GREEN THUMB INDUSTRIES INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.2B · 100%Cost of revenue$600M · 51%Gross profit$575M · 49%Operating income$138M · 12%Income before tax$263M · 22%Income tax$147M · 13%Net income$114M · 10%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.2B100%
Cost of revenue$600M51%
$575M49%
$138M12%
Income before tax$263M22%
Income tax$147M13%
$114M10%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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