Curaleaf Holdings (CURLF) Free Cash Flow (2019 - 2026)
Curaleaf Holdings (CURLF) reported Free Cash Flow of -$20.58 million for Q2 2026, compared with -$27.74 million a year earlier.
Curaleaf Holdings (CURLF) Free Cash Flow (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Curaleaf Holdings' Free Cash Flow came in at $191.77 million, up 11.5% year-over-year; for FY2025, it came in at $201.15 million, down 21.4% from FY2024.
- By year, Free Cash Flow came in at $256.06 million in FY2024 (+82.0%), $140.71 million in FY2023 and $113.68 million in FY2021.
- Five-year quarterly Free Cash Flow spans a low of -$227.53 million in Q4 2022 and a high of $116.48 million in Q3 2025.
- Year over year, Free Cash Flow gained in three of the last six quarters, with growth averaging 30.0%.
- The high point for year-over-year Free Cash Flow in five years was Q2 2024 (growth of 264.8%); the low point was Q1 2023 (a decline of 50.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $37.97 million (Q1 2026), $57.9 million (Q4 2025) and $116.48 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 5.11 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 662.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | -20.58 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -9.29 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 32.13 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 8.79 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 22.27 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 26.24 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 18.75 Mn |
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 |
| Sep 30, 2022 | 85.98 Mn |
| Jun 30, 2022 | -14.76 Mn |
| Mar 31, 2022 | 68.06 Mn |
| Dec 31, 2021 | 42.71 Mn |
| Sep 30, 2021 | 64.66 Mn |
| Jun 30, 2021 | -19.14 Mn |
Curaleaf Holdings Free Cash Flow 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=free-cash-flow&ticker=CURLF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CURLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();