Green Thumb Q3 2026 swings to $4.8 million net loss as revenue rises 11% to $324.4 million
Green Thumb Industries reported a third-quarter 2026 net loss of $4.8 million, compared with a year-earlier profit, while revenue rose 11% to $324.4 million. Quarter-end cash was $316 million, and the board extended its share repurchase program for 12 months, with up to $50 million available.
1. Quarterly results
Green Thumb Industries swung to a third-quarter 2026 net loss of $4.8 million from a year-earlier profit. Revenue increased 11% year over year to $324.4 million, primarily driven by Minnesota retail sales following the state's adult-use launch. Quarter-end cash totaled $316 million, and cash flow from operations was $58.3 million.
2. Expansion and repurchases
The company opened six RISE Dispensaries during the quarter and three more locations since quarter-end. Its board extended the share repurchase program for another 12 months, with up to $50 million available through September 22, 2027.
