Sndl (SNDL) Free Cash Flow (2018 - 2026)
Sndl's Free Cash Flow was $14.11 million in Q3 2026, down 47.4% from $26.8 million a year earlier but up 256.5% from the prior quarter.
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Analysis
Sndl (SNDL) Free Cash Flow (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sndl's Free Cash Flow was $25.14 million through Sep 30, 2026, down 46.0% year-over-year; for FY2025, it came in at $41.59 million, up 23.0% from FY2024.
- In earlier years, Free Cash Flow was $33.82 million in FY2024, -$21.35 million in FY2023, -$13.37 million in FY2022 and -$127.31 million in FY2021.
- Quarterly Free Cash Flow has moved between -$35.06 million (Q1 2023) and $26.8 million (Q3 2025) over five years.
- Compared with a year earlier, Free Cash Flow has declined for four straight quarters, with an average decline of 5.1% over the last seven quarters.
- The best year-over-year quarter for Free Cash Flow over five years was Q3 2023 (growth of 178.3%); the worst was Q4 2025 (a decline of 64.2%).
- Per Business Quant data, SNDL's Free Cash Flow in the three quarters before Q3 2026 was $3.96 million (Q2 2026), $4.46 million (Q1 2026) and $2.62 million (Q4 2025).
Peer Set
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 | Sndl | 366.07 Mn | -193.98 Mn | 41.35 Mn | 14.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.11 Mn |
| Jun 30, 2026 | 3.96 Mn |
| Mar 31, 2026 | 4.46 Mn |
| Dec 31, 2025 | 2.62 Mn |
| Sep 30, 2025 | 26.80 Mn |
| Jun 30, 2025 | 5.92 Mn |
| Mar 31, 2025 | 6.53 Mn |
| Dec 31, 2024 | 7.30 Mn |
| Sep 30, 2024 | 17.96 Mn |
| Jun 30, 2024 | 4.31 Mn |
| Mar 31, 2024 | 4.24 Mn |
| Dec 31, 2023 | -3.23 Mn |
| Sep 30, 2023 | 22.81 Mn |
| Jun 30, 2023 | -5.65 Mn |
| Mar 31, 2023 | -35.06 Mn |
| Dec 31, 2022 | 8.32 Mn |
| Sep 30, 2022 | 8.20 Mn |
| Jun 30, 2022 | -11.23 Mn |
| Mar 31, 2022 | -19.77 Mn |
| Dec 31, 2021 | -1.29 Mn |
API Access
Sndl 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=SNDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=SNDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();