Trulieve Cannabis (TCNNF) EBITDA (2020 - 2026)
Trulieve Cannabis (TCNNF) recorded quarterly EBITDA of $35.7 million in Q1 2026, up 133.54% quarter-over-quarter from $15.3 million in Q4 2025, and up 7.2% on a YoY basis from $33.3 million in Q1 2025.
Trulieve Cannabis (TCNNF) EBITDA (2020 - 2026) Analysis & Trends
Trulieve Cannabis' EBITDA history runs 7 years deep, the most recent figure standing at $35.7 million for Q1 2026.
- In Q1 2026, EBITDA rose 7.2% year-over-year to $35.7 million; the TTM figure through Mar 2026 stood at $145.9 million (up 71.63% YoY), while the FY2025 annual figure was $168.7 million, up 13.05% from the prior year.
- EBITDA was $35.7 million for Q1 2026 at Trulieve Cannabis, up from $15.3 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $61.6 million in Q2 2022 to a low of -$291.3 million in Q2 2023.
- Historically, EBITDA has averaged $11.1 million across 5 years, with a median of $35.7 million in 2026.
- The sharpest annual moves came in 2023 and 2025: EBITDA slumped 573.07% in 2023, then surged 6734.63% in 2025.
- A 5-year view of EBITDA shows it stood at -$2.0 million in 2022, then jumped by 1459.19% to $27.3 million in 2023, then tumbled by 95.21% to $1.3 million in 2024, then soared by 1069.5% to $15.3 million in 2025, then soared by 133.54% to $35.7 million in 2026.
- The last three EBITDA figures came in at $35.7 million (Q1 2026), $15.3 million (Q4 2025), and $42.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 652.00 Mn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 833.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 325.80 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | -681,231.97 |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 185.20 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 307.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -67.29 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | -98.81 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 81.33 Mn |
| 10 | Trulieve Cannabis | - | - | 170.08 Mn | 35.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.73 Mn |
| Dec 31, 2025 | 15.30 Mn |
| Sep 30, 2025 | 42.24 Mn |
| Jun 30, 2025 | 52.63 Mn |
| Mar 31, 2025 | 33.33 Mn |
| Dec 31, 2024 | 1.31 Mn |
| Sep 30, 2024 | 618,000.00 |
| Jun 30, 2024 | 49.75 Mn |
| Mar 31, 2024 | 46.10 Mn |
| Dec 31, 2023 | 27.28 Mn |
| Sep 30, 2023 | 42.03 Mn |
| Jun 30, 2023 | -291.29 Mn |
| Mar 31, 2023 | 37.65 Mn |
| Dec 31, 2022 | -2.01 Mn |
| Sep 30, 2022 | -8.52 Mn |
| Jun 30, 2022 | 61.57 Mn |
| Mar 31, 2022 | 44.67 Mn |
| Dec 31, 2021 | -12.16 Mn |
| Sep 30, 2021 | 74.38 Mn |
| Jun 30, 2021 | 83.60 Mn |