Sndl (SNDL) Cost of Revenue (2018 - 2026)
Sndl (SNDL) reported Cost of Revenue of $104.3 million for Q1 2026, up 0.98% on a YoY basis from $103.3 million in Q1 2025, and down 20.17% quarter-over-quarter from $130.7 million in Q4 2025.
Sndl (SNDL) Cost of Revenue (2018 - 2026) Analysis & Trends
Sndl has reported Cost of Revenue for 9 years, with the latest figure at $104.3 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 0.98% year-over-year to $104.3 million; the trailing twelve-month figure through Mar 2026 stood at $493.7 million (up 0.7% YoY), and the FY2025 full-year result was $492.2 million, down 0.91% from the prior year.
- Cost of Revenue for Q1 2026 stood at $104.3 million, down from $130.7 million in the prior quarter.
- The five-year high for Cost of Revenue was $505.1 million in Q4 2022, with the low at $11.3 million in Q1 2022.
- Historically, Cost of Revenue has averaged $142.1 million across 5 years, with a median of $130.7 million in 2025.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 5463.2% — and 2023, when it plunged 72.21%.
- Sndl's Cost of Revenue stood at $505.1 million in 2022, then sank by 72.21% to $140.4 million in 2023, then slipped by 3.68% to $135.2 million in 2024, then fell by 3.33% to $130.7 million in 2025, then retreated by 20.17% to $104.3 million in 2026.
- The last three Cost of Revenue figures came in at $104.3 million (Q1 2026), $130.7 million (Q4 2025), and $130.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 179,394,718.17 Bn | 179,394,718.17 Bn | - | - |
| 2 | Sndl | 2.36 Bn | 2.20 Bn | 38.51 Mn | 104.34 Mn |
| 3 | Mgp Ingredients | 351.86 Mn | 339.85 Mn | 33.58 Mn | 72.85 Mn |
| 4 | Agencia Comercial Spirits | 246.49 Mn | 230.66 Mn | - | - |
| 5 | LQR House | 18.69 Mn | 14.23 Mn | -22,236.00 | 244,919.00 |
| 6 | Willamette Valley Vineyards | 13.89 Mn | 13.49 Mn | 5.03 Mn | 3.23 Mn |
| 7 | Epsium Enterprise | 5.34 Mn | 3.32 Mn | - | - |
| 8 | Splash Beverage | 854,741.06 | 473,546.06 | 1,848.00 | 2,376.00 |
| 9 | Diageo | - | - | - | - |
| 10 | Splash Beverage | - | - | 1,848.00 | 2,376.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 104.34 Mn |
| Mar 31, 2026 | 104.34 Mn |
| Dec 31, 2025 | 130.70 Mn |
| Dec 31, 2025 | 130.70 Mn |
| Sep 30, 2025 | 130.82 Mn |
| Sep 30, 2025 | 130.82 Mn |
| Jun 30, 2025 | 127.86 Mn |
| Jun 30, 2025 | 127.86 Mn |
| Mar 31, 2025 | 103.33 Mn |
| Mar 31, 2025 | 103.33 Mn |
| Dec 31, 2024 | 135.21 Mn |
| Dec 31, 2024 | 135.21 Mn |
| Sep 30, 2024 | 127.50 Mn |
| Sep 30, 2024 | 127.50 Mn |
| Jun 30, 2024 | 124.27 Mn |
| Jun 30, 2024 | 124.27 Mn |
| Mar 31, 2024 | 109.35 Mn |
| Mar 31, 2024 | 109.35 Mn |
| Dec 31, 2023 | 140.38 Mn |
| Dec 31, 2023 | 140.38 Mn |