Curaleaf Holdings (CURLF) EBITDA (2019 - 2026)
Curaleaf Holdings (CURLF) reported EBITDA of $54.48 million for Q3 2026, down 2.6% from $55.91 million a year earlier but up 3.1% from the prior quarter.
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Analysis
Curaleaf Holdings (CURLF) EBITDA (2019 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Curaleaf Holdings' EBITDA came in at $208.46 million, down 12.4% year-over-year; for FY2025, it was $222.06 million, down 13.3% from FY2024.
- EBITDA has a five-year compound annual growth rate of 11.6% (FY2020 to FY2025).
- By year, EBITDA came in at $256.2 million in FY2024 (+7.3%), $238.76 million in FY2023 (+8.1%), $220.97 million in FY2022 (+23.4%) and $179.12 million in FY2021 (+39.4%).
- Five-year quarterly EBITDA spans a low of $6.74 million in Q4 2022 and a high of $72.19 million in Q2 2022.
- Year over year, EBITDA has now declined in each of the last seven quarters, with an average decline of 8.9% over the last eight quarters.
- The high point for year-over-year EBITDA in five years was Q4 2023 (growth of 869.4%); the low point was Q4 2022 (a decline of 85.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $52.83 million (Q2 2026), $48.61 million (Q1 2026) and $52.54 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 308.32 Bn | 285.32 Bn | 7.85 Bn | 5.38 Bn |
| 2 | British American Tobacco p.l.c | 133.26 Bn | 109.63 Bn | - | - |
| 3 | Altria | 126.98 Bn | 113.91 Bn | 3.94 Bn | 3.37 Bn |
| 4 | Curaleaf Holdings | 2.49 Bn | 2.11 Bn | 170.48 Mn | 54.48 Mn |
| 5 | Trulieve Cannabis | 2.22 Bn | 840.89 Mn | 162.29 Mn | -344.80 Mn |
| 6 | RLX Technology | 1.99 Bn | -1.77 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.48 Bn | 244.63 Mn | 146.79 Mn | 73.21 Mn |
| 8 | Cronos | 1.35 Bn | -1.92 Bn | 28.45 Mn | 10.78 Mn |
| 9 | Turning Point Brands | 1.30 Bn | 409.51 Mn | 93.70 Mn | - |
| 10 | Tilray Brands | 390.02 Mn | -577.48 Mn | 77.51 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 54.48 Mn |
| Jun 30, 2026 | 52.83 Mn |
| Mar 31, 2026 | 48.61 Mn |
| Dec 31, 2025 | 58.37 Mn |
| Sep 30, 2025 | 54.59 Mn |
| Jun 30, 2025 | 55.41 Mn |
| Mar 31, 2025 | 58.20 Mn |
| Dec 31, 2024 | 68.38 Mn |
| Sep 30, 2024 | 63.84 Mn |
| Jun 30, 2024 | 59.33 Mn |
| Mar 31, 2024 | 64.65 Mn |
| Dec 31, 2023 | 65.35 Mn |
| Sep 30, 2023 | 62.50 Mn |
| Jun 30, 2023 | 47.64 Mn |
| Mar 31, 2023 | 63.28 Mn |
| Dec 31, 2022 | 6.74 Mn |
| Sep 30, 2022 | 70.73 Mn |
| Jun 30, 2022 | 72.19 Mn |
| Mar 31, 2022 | 62.91 Mn |
| Dec 31, 2021 | 44.86 Mn |
API Access
Curaleaf Holdings EBITDA 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=ebitda&ticker=CURLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=CURLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();