Growth Metrics

Trulieve Cannabis (TCNNF) Net Margin (2020 - 2026)

Trulieve Cannabis has reported Net Margin over the past 6 years, most recently at 14.63% for Q4 2025.

  • For Q4 2025, Net Margin rose 522.0% year-over-year to 14.63%; the TTM value through Dec 2025 reached 9.85%, up 322.0%, while the annual FY2025 figure was 9.85%, 322.0% up from the prior year.
  • Net Margin for Q4 2025 was 14.63% at Trulieve Cannabis, down from 9.31% in the prior quarter.
  • Over five years, Net Margin peaked at 19.0% in Q2 2021 and troughed at 143.31% in Q2 2023.
  • A 5-year average of 17.1% and a median of 10.55% in 2022 define the central range for Net Margin.
  • Biggest five-year swings in Net Margin: crashed -13615bps in 2023 and later surged 13935bps in 2024.
  • Year by year, Net Margin stood at 23.94% in 2021, then dropped by -8bps to 25.81% in 2022, then soared by 55bps to 11.65% in 2023, then plummeted by -70bps to 19.85% in 2024, then grew by 26bps to 14.63% in 2025.
  • Business Quant data shows Net Margin for TCNNF at 14.63% in Q4 2025, 9.31% in Q3 2025, and 4.56% in Q2 2025.