tiprankstipranks
Trending News
More News >
Glass House Brands Inc (TSE:GLAS.A.U)
:GLAS.A.U
Canadian Market
Advertisement

Glass House Brands (GLAS.A.U) Earnings Dates, Call Summary & Reports

Compare
10 Followers

Earnings Data

Report Date
Mar 18, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
-0.2
Last Year’s EPS
0.16
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 12, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call highlighted significant operational challenges due to federal raids and resulting staffing shortages, leading to declines in wholesale revenue and increased production costs. However, strong retail and CPG performance, strategic initiatives for future growth, and potential international expansion opportunities offer a promising outlook. Despite the difficulties, Glass House Brands is positioned for recovery and growth in 2026.
Company Guidance
During the Glass House Brands Third Quarter 2025 Earnings Call, the company provided guidance that reflected the significant operational challenges they faced, including a raid on two of their farms which prompted a revamp of their hiring and staffing practices. As a result, they experienced a temporary scaling back of operations, delaying expansion projects and impacting quarterly results. Total revenue for the third quarter was approximately $38 million, slightly ahead of guidance but below the $64 million from the same period last year. Retail and CPG segments remained strong, with year-to-date retail sales increasing 13% year-over-year, outperforming broader California sales by over 23%. However, wholesale revenues saw a notable decline, with 124,000 pounds of biomass produced, less than half of typical expectations, and an average selling price of $155 per pound. This resulted in a gross margin of 31% and an adjusted EBITDA loss of $2.3 million. Looking ahead, Glass House expects to end 2025 with approximately $20 million in cash and aims to return to full production capacity by the first quarter of 2026, with plans to plant a record amount of acreage by year-end. The company also anticipates potential opportunities from legislative changes that could allow for interstate and international cannabis sales, highlighting the prospect of significant growth and market expansion in the future.
Strong Retail and CPG Performance
Retail and CPG segments remained strong with year-to-date retail sales increasing 13% year-over-year, outperforming broader California retail sales by more than 23%.
Allswell Brand Success
Allswell was the top-selling flower brand in California by units sold per Headset, attributed to a competitive pricing strategy.
Future Growth Potential
Glass House Brands plans to have more acreage under cultivation than ever by the end of 2025, with Greenhouse 2 set to be fully operational in 2026, driving expected future growth.
Opportunity for International Expansion
Potential legislative changes could allow for export opportunities into international markets, notably Europe, which may offer significant margin benefits.
Cost Control Measures
Cost of production was lower than guidance at $128 per pound despite challenges, with expectations to further decrease to $95 per pound in future quarters.

Glass House Brands (TSE:GLAS.A.U) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TSE:GLAS.A.U Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 18, 2026
2025 (Q4)
-0.20 / -
0.157
Nov 12, 2025
2025 (Q3)
-0.17 / -0.15
-0.09-66.67% (-0.06)
Aug 13, 2025
2025 (Q2)
-0.06 / 0.05
0.08-37.50% (-0.03)
May 13, 2025
2025 (Q1)
-0.14 / -0.18
-0.40655.67% (+0.23)
Mar 25, 2025
2024 (Q4)
-0.10 / 0.16
-0.43136.51% (+0.59)
Nov 13, 2024
2024 (Q3)
<0.01 / -0.09
0
Aug 13, 2024
2024 (Q2)
-0.01 / 0.08
-0.39120.51% (+0.47)
May 14, 2024
2024 (Q1)
-0.13 / -0.29
-0.40428.77% (+0.12)
Mar 28, 2024
2023 (Q4)
-0.07 / -0.43
-0.316-36.08% (-0.11)
Nov 13, 2023
2023 (Q3)
-0.05 / 0.00
0.24
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

FAQ

When does Glass House Brands Inc (TSE:GLAS.A.U) report earnings?
Glass House Brands Inc (TSE:GLAS.A.U) is schdueled to report earning on Mar 18, 2026, After Close (Confirmed).
    What is Glass House Brands Inc (TSE:GLAS.A.U) earnings time?
    Glass House Brands Inc (TSE:GLAS.A.U) earnings time is at Mar 18, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TSE:GLAS.A.U EPS forecast?
          TSE:GLAS.A.U EPS forecast for the fiscal quarter 2025 (Q4) is -0.2.
            What am I Missing?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis