secwatch.observer — SEC 8-K summary
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Issuer:     Green Thumb Industries Inc. (GTBIF)
CIK:        0001795139
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001193125-26-071507
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795139/000119312526071507/0001193125-26-071507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795139/000119312526071507/gtbif-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-071507

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer