secwatch.observer — SEC 8-K summary
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Issuer:     Green Thumb Industries Inc. (GTBIF)
CIK:        0001795139
Form:       8-K
Filed at:   2026-08-04T20:05:16+00:00
Accession:  0001193125-26-332761
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Thumb Q2 revenue $306.7M (+4.6% YoY); GAAP net income $4.9M vs loss; Normalized EBITDA $84.3M
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- Revenue $306.7M, up 4.6% YoY; GAAP net income $4.9M ($0.02/share) vs net loss of $0.6M in prior year.
- Normalized EBITDA $84.3M (27.5% of revenue) vs $82.7M (28.2% of revenue) in Q2 2025; cash flow from operations $29.0M.
- Gross margin declined to 45.0% from 49.9% due to RYTHM brand licensing fees and price compression; SG&A rose to 38.4% from 36.4% on compensation changes.
- Repurchased ~7.9M shares for $48.3M at avg $6.11; cash at quarter end $283.6M.
- Virginia authorized adult-use sales starting July 1, 2027; launched adult-use in Paramus, NJ; opened new dispensary in PA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795139/000119312526332761/0001193125-26-332761-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795139/000119312526332761/gtbif-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-332761

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