Green Thumb Industries Inc. reported revenue of $293.3 million for the second quarter of 2025, representing a 4.7% increase from the previous year. The company also had a cash balance of $177 million and a GAAP net loss of $0.65 million. Adjusted EBITDA was $82.7 million, with cash flow from operations reaching $56 million.

Despite pricing pressures, Green Thumb saw revenue growth and strong market share gains in key states like Illinois and Pennsylvania. The company repurchased 5.6 million shares during the quarter and remains focused on creating long-term value for stakeholders. The team is confident in their strategy and financial strength to navigate the current market environment.

Total revenue for the second quarter was $293.3 million, driven by sales in the Consumer Packaged Goods segment. Retail revenue increased slightly, while comparable sales decreased. Gross profit was $146.3 million, with selling, general, and administrative expenses totaling $106.8 million. Other expenses were $17.1 million, resulting in a net loss of $0.65 million.

As of June 30, 2025, Green Thumb had current assets of $405.4 million, including $176.9 million in cash. Total debt outstanding was $250.0 million, with 235.8 million shares outstanding. During the quarter, the company repurchased approximately 5.6 million Subordinate Voting Shares for $24 million, with $15.6 million remaining for future repurchases.

Read more at GlobeNewswire: Green Thumb Industries Reports Second Quarter 2025 Results