Green Thumb Industries (OTC) ( (GTBIF) ) has released its Q3 earnings. Here is a breakdown of the information Green Thumb Industries (OTC) presented to its investors.
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Green Thumb Industries Inc. is a prominent national cannabis consumer packaged goods company and retailer, headquartered in Chicago, Illinois, known for its diverse portfolio of branded cannabis products and ownership of RISE Dispensaries.
In its third quarter of 2025, Green Thumb Industries reported a revenue of $291.4 million, marking a 1.6% increase from the previous year, alongside a GAAP net income of $23.3 million. The company also highlighted its strategic expansion in the adult-use cannabis market, particularly in Minnesota.
Key financial metrics for the quarter included an adjusted EBITDA of $80.2 million, representing 27.5% of revenue, and a cash flow from operations totaling $74.1 million. The company maintained a strong cash position with $226.2 million at quarter-end and authorized a $50 million share repurchase program. Additionally, Green Thumb expanded its adult-use cannabis sales across all eight RISE Dispensaries in Minnesota.
Looking ahead, Green Thumb Industries remains optimistic about its growth prospects despite ongoing industry challenges such as price compression and regulatory uncertainties. The company’s management is confident in its ability to expand market share and deliver strong financial performance, supported by its robust balance sheet and strategic initiatives.