Sndl (SNDL) Shares Outstanding (2025 - 2026)
Sndl's (SNDL) quarterly Shares Outstanding (Entity) came in at $263.4 million in Q4 2025, little changed on a YoY basis from $263.0 million in Q4 2024, and little changed quarter-over-quarter from $263.0 million in Q4 2024.
Analysis
Sndl (SNDL) Shares Outstanding (2025 - 2026) Analysis & Trends
Sndl (SNDL) has reported Shares Outstanding (Entity) for 4 consecutive years, with $263.4 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Shares Outstanding (Entity) changed 0.13% year-over-year to $263.4 million; the trailing twelve-month figure through Dec 2025 stood at $263.4 million (changed 0.13% YoY), and the FY2025 full-year result was $263.4 million, changed 0.13% from the prior year.
- Shares Outstanding (Entity) steadied at $263.4 million in Q4 2025 per SNDL's latest filing, from $263.0 million in the prior quarter.
- Across five years, Shares Outstanding (Entity) topped out at $263.4 million in Q4 2025 and bottomed at $235.2 million in Q4 2022.
- Historically, Shares Outstanding (Entity) has averaged $256.1 million across 4 years, with a median of $262.9 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Shares Outstanding (Entity) climbed 11.73% in 2023, then increased 0.09% in 2024.
- Over 4 years, Shares Outstanding (Entity) stood at $235.2 million in 2022, then advanced by 11.73% to $262.8 million in 2023, then grew by 0.09% to $263.0 million in 2024, then gained by 0.13% to $263.4 million in 2025.
- According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $263.4 million, $263.0 million, and $262.8 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.63 Bn | 2.53 Bn | 169.91 Mn | 263.07 Mn |
| 2 | Trulieve Cannabis | 2.23 Bn | 1.90 Bn | 162.29 Mn | 192.71 Mn |
| 3 | Green Thumb Industries | 1.61 Bn | 1.33 Bn | 137.87 Mn | 221.02 Mn |
| 4 | Cronos | 1.23 Bn | 437.76 Mn | 28.45 Mn | 373.61 Mn |
| 5 | Glass House Brands | 657.95 Mn | 639.39 Mn | 15.77 Mn | 81.94 Mn |
| 6 | Vireo Growth | 554.11 Mn | 411.81 Mn | 95.30 Mn | 45.09 Mn |
| 7 | Tilray Brands | 438.94 Mn | 204.31 Mn | 90.52 Mn | 111.83 Mn |
| 8 | Verano Holdings | 436.63 Mn | 351.43 Mn | 99.70 Mn | 73.01 Mn |
| 9 | Canopy Growth | 387.68 Mn | 140.67 Mn | 16.08 Mn | 422.26 Mn |
| 10 | Sndl | 358.70 Mn | 226.15 Mn | 40.74 Mn | 258.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 258.05 Mn |
| Mar 31, 2026 | 258.05 Mn |
| Dec 31, 2025 | 258.05 Mn |