---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-273509"
form_type: "8-K"
ticker: "GTBIF"
cik: "0001795139"
company_name: "Green Thumb Industries Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T10:02:15.554836+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Green Thumb Q3 revenue $275M record; GAAP net income $11M, adjusted EBITDA $83M

## Summary
- Revenue of $275M, up 9% sequentially and 5.4% YoY; GAAP net income $0.05 per share.
- Adjusted EBITDA $83M (30.1% of revenue) vs $84.5M (32.3%) YoY; cash flow from ops $61M in Q3.
- Share repurchases of $25M during quarter (>1% of shares outstanding); cash balance $137M.
- Adult-use sales launched in Maryland at 4 RISE Dispensaries on July 1; new stores opened in NV and FL.
- Comparable store sales up 0.2% YoY on 77 stores; gross margin 48.6% vs 50.2% on price compression.

## SEC filing metadata
- accession: 0001193125-23-273509
- form_type: 8-K
- ticker: GTBIF
- cik: 0001795139
- company_name: Green Thumb Industries Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795139/000119312523273509/0001193125-23-273509-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795139/000119312523273509/d582778d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-273509
- JSON: https://secwatch.observer/filing/0001193125-23-273509.json
- Plain text: https://secwatch.observer/filing/0001193125-23-273509.txt

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