---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-071507"
form_type: "8-K"
ticker: "GTBIF"
cik: "0001795139"
company_name: "Green Thumb Industries Inc."
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:25:00.702225+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Green Thumb Q4 revenue $311M (+5.7% YoY); net income $83.2M; guides Q1 down mid-single digits

## Summary
- Revenue of $311.1M (+5.7% YoY); full-year revenue $1.2B (+3.4%).
- GAAP net income of $83.2M ($0.35/diluted) vs $12.7M in Q4 2024; includes $125.9M fair value gain on warrants.
- Normalized EBITDA $100.2M (32.2% of revenue) vs $97.8M (33.2%) a year ago.
- Cash from operations $90M; ended quarter with $274M cash; repurchased 2M shares for $14.1M in Q4.
- Q1 2026 revenue expected sequentially down mid-single digits due to pricing pressure and seasonality.

## SEC filing metadata
- accession: 0001193125-26-071507
- form_type: 8-K
- ticker: GTBIF
- cik: 0001795139
- company_name: Green Thumb Industries Inc.
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795139/000119312526071507/0001193125-26-071507-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795139/000119312526071507/gtbif-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-071507
- JSON: https://secwatch.observer/filing/0001193125-26-071507.json
- Plain text: https://secwatch.observer/filing/0001193125-26-071507.txt

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