Curaleaf Holdings (CURLF) Free Cash Flow (2019 - 2026)
Curaleaf Holdings (CURLF) posted Free Cash Flow of -$20.6 million for Q2 2026, down 154.2% on a QoQ basis from $38.0 million in Q1 2026, and up 25.8% year-over-year from -$16.4 million in Q2 2025.
Analysis
Curaleaf Holdings (CURLF) Free Cash Flow (2019 - 2026) Analysis & Trends
Curaleaf Holdings has reported Free Cash Flow for 8 years, with the latest figure at -$20.6 million in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 25.8% year-over-year to -$20.6 million in Q2 2026; TTM through Jun 2026 was $191.8 million, a 11.5% increase from a year earlier, with the FY2025 full-year figure at $201.1 million, down 21.45% from the prior year.
- Free Cash Flow was -$20.6 million for Q2 2026 at Curaleaf Holdings, down from $38.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $132.4 million in Q1 2022, with the low at -$46.0 million in Q2 2022.
- Average Free Cash Flow over 5 years is $42.5 million, with a median of $49.0 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow surged 420.4% in 2022, then sank 151.31% in 2025.
- Over 5 years, Free Cash Flow stood at $18.9 million in 2022, then surged by 57.22% to $29.8 million in 2023, then surged by 158.97% to $77.1 million in 2024, then slipped by 24.9% to $57.9 million in 2025, then sank by 135.55% to -$20.6 million in 2026.
- The last three Free Cash Flow figures came in at -$20.6 million (Q2 2026), $38.0 million (Q1 2026), and $57.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | -20.58 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 32.13 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 8.79 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 22.27 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 2.29 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | -105.80 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | -47.47 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 18.75 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -18.61 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | 3.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.58 Mn |
| Mar 31, 2026 | 37.97 Mn |
| Dec 31, 2025 | 57.90 Mn |
| Sep 30, 2025 | 116.48 Mn |
| Jun 30, 2025 | -27.74 Mn |
| Mar 31, 2025 | 54.51 Mn |
| Dec 31, 2024 | 77.10 Mn |
| Sep 30, 2024 | 68.12 Mn |
| Jun 30, 2024 | 54.07 Mn |
| Mar 31, 2024 | 56.77 Mn |
| Dec 31, 2023 | 29.77 Mn |
| Sep 30, 2023 | 62.18 Mn |
| Jun 30, 2023 | 14.82 Mn |
| Mar 31, 2023 | 33.94 Mn |
| Dec 31, 2022 | 18.94 Mn |
| Sep 30, 2022 | 43.98 Mn |
| Jun 30, 2022 | -45.99 Mn |
| Mar 31, 2022 | 132.40 Mn |
| Dec 31, 2021 | 23.76 Mn |
| Sep 30, 2021 | 83.62 Mn |