Sndl (SNDL) EBITDA (2018 - 2026)
Sndl (SNDL) reported EBITDA of -$24.59 million for Q3 2026, compared with $2.12 million a year earlier.
Sndl (SNDL) EBITDA (2018 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Sndl's EBITDA came in at $2.08 million, down 94.2% year-over-year; for FY2025, it was $35.73 million.
- By year, EBITDA came in at -$34.4 million in FY2024, -$72.8 million in FY2023, -$231.1 million in FY2022 and -$99.12 million in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly EBITDA since Q4 2023.
- Year over year, EBITDA gained in two of the last five quarters, with growth averaging 19.4%.
- Per Business Quant data, the three quarters before Q3 2026 came in at $4.44 million (Q2 2026), $3.65 million (Q1 2026) and $18.58 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 303.52 Bn | 280.52 Bn | 7.85 Bn | 5.38 Bn |
| 2 | British American Tobacco p.l.c | 132.82 Bn | 111.64 Bn | - | - |
| 3 | Altria | 126.54 Bn | 113.47 Bn | 3.94 Bn | 3.37 Bn |
| 4 | Curaleaf Holdings | 2.37 Bn | 2.00 Bn | 170.48 Mn | 54.48 Mn |
| 5 | Trulieve Cannabis | 2.11 Bn | 729.12 Mn | 162.29 Mn | -344.80 Mn |
| 6 | RLX Technology | 1.96 Bn | -1.30 Bn | - | - |
| 7 | Green Thumb Industries | 1.45 Bn | 214.02 Mn | 146.79 Mn | 73.21 Mn |
| 8 | Cronos | 1.30 Bn | -1.97 Bn | 28.45 Mn | 10.78 Mn |
| 9 | Turning Point Brands | 1.27 Bn | 375.50 Mn | 93.70 Mn | - |
| 10 | Sndl | 358.70 Mn | -331.40 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -24.59 Mn |
| Jun 30, 2026 | 4.44 Mn |
| Mar 31, 2026 | 3.65 Mn |
| Dec 31, 2025 | 11.50 Mn |
| Sep 30, 2025 | 2.12 Mn |
| Jun 30, 2025 | 13.68 Mn |
| Mar 31, 2025 | 1.49 Mn |
| Dec 31, 2024 | 13.19 Mn |
| Sep 30, 2024 | -3.33 Mn |
| Jun 30, 2024 | 6.80 Mn |
| Mar 31, 2024 | 7.56 Mn |
| Dec 31, 2023 | -36.29 Mn |
| Sep 30, 2023 | 1.76 Mn |
| Jun 30, 2023 | -9.26 Mn |
| Mar 31, 2023 | -6.49 Mn |
| Dec 31, 2022 | -93.24 Mn |
| Sep 30, 2022 | -52.78 Mn |
| Jun 30, 2022 | -34.80 Mn |
| Mar 31, 2022 | -16.41 Mn |
| Dec 31, 2021 | 4.42 Mn |
Sndl EBITDA 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=ebitda&ticker=SNDL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "SNDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=SNDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();