Trulieve Cannabis (TCNNF) Operating Leases (2020 - 2026)
Trulieve Cannabis (TCNNF) recorded quarterly Operating Leases of $104.1 million in Q1 2026, down 3.47% quarter-over-quarter from $107.9 million in Q4 2025, and down 10.61% on a YoY basis from $116.5 million in Q1 2025.
Trulieve Cannabis (TCNNF) Operating Leases (2020 - 2026) Analysis & Trends
Trulieve Cannabis' Operating Leases history runs 7 years deep, the most recent figure standing at $104.1 million for Q1 2026.
- In Q1 2026, Operating Leases fell 10.61% year-over-year to $104.1 million; the TTM figure through Mar 2026 stood at $104.1 million (down 10.61% YoY), while the FY2025 annual figure was $107.9 million, down 8.17% from the prior year.
- Operating Leases was $104.1 million for Q1 2026 at Trulieve Cannabis, down from $107.9 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $128.6 million in Q1 2022 to a low of $92.2 million in Q4 2023.
- Historically, Operating Leases has averaged $108.4 million across 5 years, with a median of $107.9 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Operating Leases jumped 316.01% in 2022, then fell 21.54% in 2023.
- A 5-year view of Operating Leases shows it stood at $99.9 million in 2022, then decreased by 7.63% to $92.2 million in 2023, then climbed by 27.38% to $117.5 million in 2024, then declined by 8.17% to $107.9 million in 2025, then slipped by 3.47% to $104.1 million in 2026.
- The last three Operating Leases figures came in at $104.1 million (Q1 2026), $107.9 million (Q4 2025), and $110.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn |
| 10 | Trulieve Cannabis | - | - | 170.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 104.14 Mn |
| Dec 31, 2025 | 107.88 Mn |
| Sep 30, 2025 | 110.52 Mn |
| Jun 30, 2025 | 112.25 Mn |
| Mar 31, 2025 | 116.50 Mn |
| Dec 31, 2024 | 117.49 Mn |
| Sep 30, 2024 | 113.40 Mn |
| Jun 30, 2024 | 101.03 Mn |
| Mar 31, 2024 | 93.61 Mn |
| Dec 31, 2023 | 92.24 Mn |
| Sep 30, 2023 | 102.31 Mn |
| Jun 30, 2023 | 100.73 Mn |
| Mar 31, 2023 | 103.07 Mn |
| Dec 31, 2022 | 99.85 Mn |
| Sep 30, 2022 | 110.63 Mn |
| Jun 30, 2022 | 128.39 Mn |
| Mar 31, 2022 | 128.58 Mn |
| Dec 31, 2021 | 122.13 Mn |
| Sep 30, 2021 | 43.66 Mn |
| Jun 30, 2021 | 37.78 Mn |