Trulieve Cannabis (TCNNF) Gross Profit (2020 - 2026)
Trulieve Cannabis (TCNNF) recorded quarterly Gross Profit of $170.1 million in Q1 2026, down 2.9% quarter-over-quarter from $175.2 million in Q4 2025, and down 7.17% on a YoY basis from $183.2 million in Q1 2025.
Trulieve Cannabis (TCNNF) Gross Profit (2020 - 2026) Analysis & Trends
Trulieve Cannabis' Gross Profit history runs 7 years deep, the most recent figure standing at $170.1 million for Q1 2026.
- In Q1 2026, Gross Profit fell 7.17% year-over-year to $170.1 million; the TTM figure through Mar 2026 stood at $698.0 million (down 3.74% YoY), while the FY2025 annual figure was $711.2 million, down 0.64% from the prior year.
- Gross Profit was $170.1 million for Q1 2026 at Trulieve Cannabis, down from $175.2 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $187.0 million in Q4 2024 to a low of $141.6 million in Q2 2023.
- Historically, Gross Profit has averaged $169.1 million across 5 years, with a median of $173.3 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Profit soared 33.41% in 2022, then declined 22.76% in 2023.
- A 5-year view of Gross Profit shows it stood at $157.1 million in 2022, then retreated by 2.07% to $153.9 million in 2023, then advanced by 21.56% to $187.0 million in 2024, then declined by 6.34% to $175.2 million in 2025, then slipped by 2.9% to $170.1 million in 2026.
- The last three Gross Profit figures came in at $170.1 million (Q1 2026), $175.2 million (Q4 2025), and $169.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.97 Bn | 36.23 Bn | 1.97 Bn |
| 2 | Zoetis | 33.59 Bn | 31.65 Bn | 1.62 Bn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn |
| 4 | Neurocrine Biosciences | 16.10 Bn | 14.78 Bn | 800.70 Mn |
| 5 | Aurora Cannabis | 15.56 Bn | 15.47 Bn | 21.72 Mn |
| 6 | Elanco Animal Health | 12.04 Bn | 11.61 Bn | 785.00 Mn |
| 7 | Alkermes | 7.36 Bn | 6.84 Bn | -116.06 Mn |
| 8 | Lantheus Holdings | 6.74 Bn | 6.24 Bn | 230.92 Mn |
| 9 | Liquidia | 6.27 Bn | 6.04 Bn | 121.79 Mn |
| 10 | Trulieve Cannabis | - | - | 170.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 170.08 Mn |
| Mar 31, 2026 | 170.08 Mn |
| Dec 31, 2025 | 175.17 Mn |
| Dec 31, 2025 | 175.17 Mn |
| Sep 30, 2025 | 169.86 Mn |
| Sep 30, 2025 | 169.86 Mn |
| Jun 30, 2025 | 182.93 Mn |
| Jun 30, 2025 | 182.93 Mn |
| Mar 31, 2025 | 183.22 Mn |
| Mar 31, 2025 | 183.22 Mn |
| Dec 31, 2024 | 187.02 Mn |
| Dec 31, 2024 | 187.02 Mn |
| Sep 30, 2024 | 173.28 Mn |
| Sep 30, 2024 | 173.28 Mn |
| Jun 30, 2024 | 181.65 Mn |
| Jun 30, 2024 | 181.65 Mn |
| Mar 31, 2024 | 173.80 Mn |
| Mar 31, 2024 | 173.80 Mn |
| Dec 31, 2023 | 153.85 Mn |
| Dec 31, 2023 | 153.85 Mn |