---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-206192"
form_type: "8-K"
ticker: "GTBIF"
cik: "0001795139"
company_name: "Green Thumb Industries Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:32:50.800708+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Green Thumb Q2 revenue $252M, net income $13M, adjusted EBITDA $76M

## Summary
- Revenue $252.4M, down 1% YoY but up 2% sequentially; CPG gross revenue up 12.8% YoY.
- GAAP net income $13.4M ($0.05 per share) vs $24.4M ($0.10 diluted) in Q2 2022.
- Adjusted EBITDA $75.8M (30.0% of revenue) vs $78.7M (31.0%) YoY; cash from ops $93M YTD.
- Cash $149M at quarter end; six RISE stores opened in H1; adult-use sales began in Maryland post-quarter.
- SG&A rose to $84.2M (33.4% rev) from $63.5M (25.0%) due to prior-year credit and new store costs.

## SEC filing metadata
- accession: 0001193125-23-206192
- form_type: 8-K
- ticker: GTBIF
- cik: 0001795139
- company_name: Green Thumb Industries Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795139/000119312523206192/0001193125-23-206192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795139/000119312523206192/d520030d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-206192
- JSON: https://secwatch.observer/filing/0001193125-23-206192.json
- Plain text: https://secwatch.observer/filing/0001193125-23-206192.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.