Glass House Brands Inc.

GLASFOTCHealthcare● Active

$13.14

+$0.84(+6.81%)

Market Cap$1.0B

P/E Ratio—

52W High$13.3

52W Low$4.55

Avg Volume237K

Open$12.11

Beta0.54

Free Cash Flow Financials Revenue

Glass House Brands Inc. (GLASF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

GLASF · free cash flow · updated Jun 9, 2026

Core FCF metrics

GLASF · FCF · TTM · margin & CAGR

Free cash flow was −$16.0M for FY2025 (fiscal year ending 2025-12-31), down 188.4% year-over-year The FCF margin was -8.6%.

FY2025 Free Cash Flow−$16.0M▼ -188.4% YoY

Trailing 12M (TTM)−$26.7Mtrailing 4 quarters sum

FCF Margin-8.6%−$16.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

GLASF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$11.6M(28M)−$16.0M▼ 188.4%-8.6%

FY2024$28.4M(10M)$18.1M▲ +65.8%9.0%

FY2023$23.2M(12M)$10.9M▲ +115.9%6.8%

FY2022−$40.8M(28M)−$68.6M▲ +46.8%-75.4%

FY2021−$20.3M(108M)−$128.8M▼ 1015.2%-185.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

GLASF · P/FCF · FCF yield · FCF per share

Glass House Brands Inc. (GLASF) reported negative free cash flow of −$0.02B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

GLASF · cash flow statement · operating / investing / financing

For FY2025, Glass House Brands Inc. generated $11.6M in operating cash flow and spent 28M in capital expenditures, yielding −$16.0M in free cash flow.

Operating Activities

+$11.6M

Cash from core business operations

2025-12-31

Investing Activities

−$28.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$2.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($11.6M) − |CapEx| (28M) = FCF (−$16.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Healthcare)

GLASF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Glass House Brands Inc.YOU

GLASF

−$16.0M-188.4%-8.6%

Loss

UnitedHealth Group Incorporated

UNH

$16.07B-22.4%3.6%

82%

Eli Lilly and Company

LLY

$8.97B+2065.6%13.8%

46%

Healthcare · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Glass House Brands Inc. (GLASF) reported free cash flow of −$16.0M for FY2025 (fiscal year ending 2025-12-31), down 188.4% year-over-year. The FCF margin was -8.6%.

Based on available data, Glass House Brands Inc. has maintained positive free cash flow for at least 2 fiscal year(s). FCF peaked at $18.1M in FY2024.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

GLASF free cash flow · 8 questions

Glass House Brands Inc. free cash flow was −$16.0M for FY2025, down 188.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$26.7M.

GLASF free cash flowGLASF FCFGLASF FCF 2025GLASF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Glass House Brands Inc. · Glass House Brands Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026