Curaleaf Holdings (CURLF) Free Cash Flow (2019 - 2026)
Curaleaf Holdings (CURLF) reported Free Cash Flow of $4.93 million for Q3 2026, down 86.2% from $35.76 million a year earlier.
Curaleaf Holdings (CURLF) Free Cash Flow (2019 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Curaleaf Holdings' Free Cash Flow came in at $48.38 million; for FY2025, it came in at $88.59 million, up 15.5% from FY2024.
- By year, Free Cash Flow came in at $76.69 million in FY2024 (+197.3%), $25.8 million in FY2023, -$66.92 million in FY2022 and -$230.24 million in FY2021.
- Five-year quarterly Free Cash Flow spans a low of -$301.2 million in Q4 2021 and a high of $85.98 million in Q3 2022.
- The high point for year-over-year Free Cash Flow in five years was Q2 2024 (growth of 264.8%); the low point was Q3 2026 (a decline of 86.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at -$20.58 million (Q2 2026), $37.97 million (Q1 2026) and $26.06 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn | 4.97 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 | 3.00 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 | 4.93 Mn |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn | 35.55 Mn |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn | 45.40 Mn |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn | 38.03 Mn |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn | 24.39 Mn |
| 10 | Turning Point Brands | 1.25 Bn | 333.93 Mn | 85.18 Mn | 3.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.93 Mn |
| Jun 30, 2026 | -20.58 Mn |
| Mar 31, 2026 | 37.97 Mn |
| Dec 31, 2025 | 26.06 Mn |
| Sep 30, 2025 | 35.76 Mn |
| Jun 30, 2025 | -27.74 Mn |
| Mar 31, 2025 | 54.51 Mn |
| Dec 31, 2024 | -102.27 Mn |
| Sep 30, 2024 | 68.12 Mn |
| Jun 30, 2024 | 54.07 Mn |
| Mar 31, 2024 | 56.77 Mn |
| Dec 31, 2023 | -85.14 Mn |
| Sep 30, 2023 | 62.18 Mn |
| Jun 30, 2023 | 14.82 Mn |
| Mar 31, 2023 | 33.94 Mn |
| Dec 31, 2022 | -206.21 Mn |
| Sep 30, 2022 | 85.98 Mn |
| Jun 30, 2022 | -14.76 Mn |
| Mar 31, 2022 | 68.06 Mn |
| Dec 31, 2021 | -301.20 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();