← BackGreen Thumb Industries Inc. · Agricultural Production-CropsGTBIF
Low riskNext report: In 7 days (est.)
The short versionA profitable company with steady sales. Institutions are adding.
Going well
- Profitable
- Brings in more cash than it spends
- Little debt
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 15% to their holdings in the quarter ending June 2026 (4 bought, 3 sold)
Facts from SEC filings, not a recommendation.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$306.7M+4.6% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.2B, up 4.8% from the 12 months before. Over 5 years, sales grew about 16% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.6.2%
- PassDebt under half of equityNot relying on borrowed money.0.13x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.9.7%
- MissProfitable every yearSteady profits, not one good year.6 of 8 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$213.9M
- PassShare count not growingNot diluting owners. Falling means buybacks.-0.5% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.48.9%
- Revenue
- $1.2B
- +3.4% vs prior year
- 5-year growth
- +16.1%/yr
- revenue, per year
- Total debt
- $247.3M
- 0.13x equity
- Current ratio
- 3.26x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $306.7M
- +4.6% YoY
- EPS
- $0.02
- vs -$0.01
- Op. margin
- 6.5%
- -6.9 pts
- Gross margin
- 45.0%
- -4.9 pts
- Free cash flow
- $8.8M
- Share count
- -5.5%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.8
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+15.3%Institutions added 15.3% to their holdings. 4 bought, 3 sold. 2 quarters of net buying in a row.
Shares held by institutions363K
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-2.2%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.1x · $283.0M debtShares outstandingLatest reported
223MNext reportIn 7 days (est.)Estimated from the same quarter last year
- Results filedAug 4
- Results filedMay 6
- Results filedFeb 25
- Results filedNov 5, 2025
- Results filedAug 6, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Option exerciseRSLGH, LLC10% owner
133,716 shares at $26.92 avg ($23.53 to $29.47) · $3.6M
- +634% of holdings
- Now owns 154,798 shares
- Exercise price $0.00
- Pre-Funded Warrants (right to buy)
- 2 transactions
- Filed 2 days after trade
- Joint filing with 1 other
Stock awardDawn Wilson BarnesDirector
5,802 shares
- +9% of holdings
- Now owns 71,738 shares
- Filed 2 days after trade
Stock awardEthan NadelmannDirector
5,802 shares
- +8% of holdings
- Now owns 74,111 shares
- Filed 2 days after trade
Stock awardHannah Scofield BuchanDirector
6,251 shares
- +9% of holdings
- Now owns 78,050 shares
- Filed 2 days after trade
Stock awardJeffrey H GoldmanDirector
7,460 shares
- +1% of holdings
- Now owns 1,429,521 shares
- Filed 2 days after trade
Stock awardRichard ReisinDirector
7,957 shares
- +10% of holdings
- Now owns 87,059 shares
- Filed 2 days after trade