Curaleaf Holdings (CURLF) Operating Expenses (2019 - 2026)
Curaleaf Holdings (CURLF) posted Operating Expenses of $165.7 million for Q2 2026, up 5.85% on a QoQ basis from $156.5 million in Q1 2026, and up 12.84% year-over-year from $146.8 million in Q2 2025.
Analysis
Curaleaf Holdings (CURLF) Operating Expenses (2019 - 2026) Analysis & Trends
Curaleaf Holdings has reported Operating Expenses for 8 years, with the latest figure at $165.7 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 12.84% year-over-year to $165.7 million in Q2 2026; TTM through Jun 2026 was $631.2 million, a 3.31% increase from a year earlier, with the FY2025 full-year figure at $605.6 million, down 1.7% from the prior year.
- Operating Expenses was $165.7 million for Q2 2026 at Curaleaf Holdings, up from $156.5 million in the prior quarter.
- The five-year high for Operating Expenses was $166.6 million in Q4 2024, with the low at $134.8 million in Q3 2023.
- Average Operating Expenses over 5 years is $149.0 million, with a median of $149.7 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses advanced 26.38% in 2022, then retreated 8.04% in 2025.
- Over 5 years, Operating Expenses stood at $153.7 million in 2022, then fell by 7.47% to $142.2 million in 2023, then climbed by 17.17% to $166.6 million in 2024, then decreased by 8.04% to $153.2 million in 2025, then climbed by 8.12% to $165.7 million in 2026.
- The last three Operating Expenses figures came in at $165.7 million (Q2 2026), $156.5 million (Q1 2026), and $153.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.70 Bn | 2.61 Bn | 169.91 Mn | 165.69 Mn |
| 2 | Trulieve Cannabis | 2.37 Bn | 2.05 Bn | 162.29 Mn | 532.81 Mn |
| 3 | Green Thumb Industries | 1.73 Bn | 1.45 Bn | 137.87 Mn | 117.91 Mn |
| 4 | Cronos | 1.18 Bn | 385.45 Mn | 28.45 Mn | 21.05 Mn |
| 5 | Glass House Brands | 686.96 Mn | 668.41 Mn | 15.77 Mn | 18.76 Mn |
| 6 | Vireo Growth | 548.70 Mn | 406.40 Mn | 95.30 Mn | 101.60 Mn |
| 7 | Tilray Brands | 475.30 Mn | 240.67 Mn | 90.52 Mn | 106.98 Mn |
| 8 | Verano Holdings | 439.55 Mn | 354.35 Mn | 99.70 Mn | 96.56 Mn |
| 9 | Canopy Growth | 407.48 Mn | 160.47 Mn | 16.08 Mn | 32.06 Mn |
| 10 | Sndl | 363.86 Mn | 231.31 Mn | 40.74 Mn | 31.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 165.69 Mn |
| Mar 31, 2026 | 156.54 Mn |
| Dec 31, 2025 | 153.25 Mn |
| Sep 30, 2025 | 155.71 Mn |
| Jun 30, 2025 | 146.84 Mn |
| Mar 31, 2025 | 146.20 Mn |
| Dec 31, 2024 | 166.64 Mn |
| Sep 30, 2024 | 151.29 Mn |
| Jun 30, 2024 | 152.92 Mn |
| Mar 31, 2024 | 148.20 Mn |
| Dec 31, 2023 | 142.23 Mn |
| Sep 30, 2023 | 134.84 Mn |
| Jun 30, 2023 | 152.04 Mn |
| Mar 31, 2023 | 142.46 Mn |
| Dec 31, 2022 | 153.70 Mn |
| Sep 30, 2022 | 135.18 Mn |
| Jun 30, 2022 | 143.90 Mn |
| Mar 31, 2022 | 134.98 Mn |
| Dec 31, 2021 | 136.24 Mn |
| Sep 30, 2021 | 140.35 Mn |