Green Thumb Industries (OTCMKTS:GTBIF) Issues Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Posted by Lindsey Winhoffer on May 8th, 2026

Green Thumb Industries (OTCMKTS:GTBIF – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05, Zacks reports. The business had revenue of $300.19 million for the quarter, compared to analysts’ expectations of $297.64 million. Green Thumb Industries had a net margin of 10.14% and a return on equity of 5.82%.

Green Thumb Industries Stock Performance

Shares of Green Thumb Industries stock traded down $0.25 during midday trading on Friday, hitting $7.85. The company had a trading volume of 270,318 shares, compared to its average volume of 586,957. The stock has a market capitalization of $1.63 billion, a P/E ratio of 15.39 and a beta of 1.27. The company has a 50 day moving average of $6.82 and a 200 day moving average of $7.07. Green Thumb Industries has a 52-week low of $4.80 and a 52-week high of $10.43.

Analysts Set New Price Targets

Separately, Benchmark reissued a “buy” rating on shares of Green Thumb Industries in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Read Our Latest Research Report on GTBIF

About Green Thumb Industries

(Get Free Report)

Green Thumb Industries is a diversified cannabis consumer packaged goods company and retailer with operations spanning cultivation, manufacturing and distribution. The company develops branded cannabis products across multiple formats, including dried flower, pre-rolls, oils, concentrates, edibles and vaporizers. Its product portfolio is marketed under well-known brand names tailored to the adult-use market, and the company works with licensed cultivators and partners to ensure consistent quality and compliance with state regulations.

In addition to its branded product lines, Green Thumb Industries maintains a network of wholly owned manufacturing facilities and distribution centers that supply its retail outlets as well as independent dispensaries.