Curaleaf Holdings (CURLF) Cash from Operations (2019 - 2026)
Curaleaf Holdings (CURLF) posted Cash from Operations of $22 million for Q3 2026, down 57.6% from $51.87 million a year earlier and down 25.0% from the prior quarter.
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Analysis
Curaleaf Holdings (CURLF) Cash from Operations (2019 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cash from Operations at Curaleaf Holdings was $114.89 million, down 30.4% year-over-year; for FY2025, it came in at $152.03 million, down 10.1% from FY2024.
- Annual Cash from Operations shows a five-year compound annual growth rate of 65.2% (FY2020 to FY2025).
- In prior years, Curaleaf Holdings' Cash from Operations was $169.13 million in FY2024 (+85.4%), $91.24 million in FY2023 (+34.7%), $67.72 million in FY2022 and -$58.28 million in FY2021.
- Quarterly Cash from Operations has run from a low of -$55.3 million in Q2 2022 to a high of $55.72 million in Q4 2024 over five years.
- On a year-over-year basis, Cash from Operations increased in three of the last eight quarters, with an average decline of 0.5%.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q1 2024, with growth of 454.4%; the weakest was Q1 2023, with a decline of 82.7%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $29.32 million (Q2 2026), $20.99 million (Q1 2026) and $42.59 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn | 5.35 Bn |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn | 3.11 Bn |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn | -9.32 Mn |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn | 22.00 Mn |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn | 48.69 Mn |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn | 74.42 Mn |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn | 58.27 Mn |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn | 34.34 Mn |
| 10 | Turning Point Brands | 1.25 Bn | 333.93 Mn | 85.18 Mn | 5.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.00 Mn |
| Jun 30, 2026 | 29.32 Mn |
| Mar 31, 2026 | 20.99 Mn |
| Dec 31, 2025 | 42.59 Mn |
| Sep 30, 2025 | 51.87 Mn |
| Jun 30, 2025 | 19.14 Mn |
| Mar 31, 2025 | 38.43 Mn |
| Dec 31, 2024 | 55.72 Mn |
| Sep 30, 2024 | 40.33 Mn |
| Jun 30, 2024 | 29.30 Mn |
| Mar 31, 2024 | 43.78 Mn |
| Dec 31, 2023 | 29.68 Mn |
| Sep 30, 2023 | 46.82 Mn |
| Jun 30, 2023 | 6.85 Mn |
| Mar 31, 2023 | 7.90 Mn |
| Dec 31, 2022 | 33.42 Mn |
| Sep 30, 2022 | 43.98 Mn |
| Jun 30, 2022 | -55.30 Mn |
| Mar 31, 2022 | 45.62 Mn |
| Dec 31, 2021 | -11.88 Mn |
API Access
Curaleaf Holdings Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CURLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "CURLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CURLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();