Sndl SNDL
NASDAQ SNDL
$1.40 -0.04 (-2.78%)
At close: Sep 9, 2026 · 4:00 PM EDT

Sndl (SNDL) EBITDA (2018 - 2026)

Sndl's (SNDL) quarterly EBITDA came in at -$5.7 million in Q2 2026, down 256.99% on a YoY basis from $3.6 million in Q2 2025, and up 14.71% quarter-over-quarter from -$6.6 million in Q1 2026.

Analysis

Sndl (SNDL) EBITDA (2018 - 2026) Analysis & Trends

Sndl (SNDL) has reported EBITDA for 9 consecutive years, with -$5.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBITDA fell 256.99% year-over-year to -$5.7 million; the trailing twelve-month figure through Jun 2026 stood at -$3.3 million (down 141.0% YoY), and the FY2025 full-year result was $50.3 million, up 15.1% from the prior year.
  • EBITDA improved to -$5.7 million in Q2 2026 per SNDL's latest filing, from -$6.6 million in the prior quarter.
  • Across five years, EBITDA topped out at $17.0 million in Q4 2025 and bottomed at -$113.9 million in Q4 2022.
  • Historically, EBITDA has averaged -$21.2 million across 5 years, with a median of -$10.3 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: EBITDA tumbled 4416.39% in 2022, then soared 202.16% in 2025.
  • Over 5 years, EBITDA stood at -$113.9 million in 2022, then jumped by 57.61% to -$48.3 million in 2023, then soared by 135.17% to $17.0 million in 2024, then rose by 0.27% to $17.0 million in 2025, then tumbled by 133.29% to -$5.7 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered -$5.7 million, -$6.6 million, and $17.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Curaleaf Holdings 2.66 Bn 2.56 Bn 169.91 Mn 24.29 Mn
2 Trulieve Cannabis 2.27 Bn 1.94 Bn 162.29 Mn -370.52 Mn
3 Green Thumb Industries 1.71 Bn 1.42 Bn 137.87 Mn 19.97 Mn
4 Cronos 1.18 Bn 379.85 Mn 28.45 Mn 7.40 Mn
5 Glass House Brands 666.14 Mn 647.59 Mn 15.77 Mn 5.69 Mn
6 Vireo Growth 545.10 Mn 402.80 Mn 95.30 Mn -4.60 Mn
7 Tilray Brands 470.81 Mn 236.18 Mn 90.52 Mn -16.45 Mn
8 Verano Holdings 434.44 Mn 349.24 Mn 99.70 Mn 3.14 Mn
9 Canopy Growth 406.26 Mn 159.25 Mn 16.08 Mn -15.98 Mn
10 Sndl 362.57 Mn 230.02 Mn 40.74 Mn -5.67 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -5.67 Mn
Mar 31, 2026 -6.65 Mn
Dec 31, 2025 17.03 Mn
Sep 30, 2025 -8.03 Mn
Jun 30, 2025 3.61 Mn
Mar 31, 2025 -8.40 Mn
Dec 31, 2024 16.98 Mn
Sep 30, 2024 -13.57 Mn
Jun 30, 2024 -3.53 Mn
Mar 31, 2024 -3.25 Mn
Dec 31, 2023 -48.29 Mn
Sep 30, 2023 -12.22 Mn
Jun 30, 2023 -22.01 Mn
Mar 31, 2023 -23.82 Mn
Dec 31, 2022 -113.93 Mn
Sep 30, 2022 -67.89 Mn
Jun 30, 2022 -63.86 Mn
Mar 31, 2022 -18.29 Mn
Dec 31, 2021 2.64 Mn
Sep 30, 2021 -15.13 Mn