Trulieve Cannabis (TCNNF) Retained Earnings (2020 - 2026)

Trulieve Cannabis (TCNNF) recorded quarterly Retained Earnings of -$909.7 million in Q1 2026, little changed quarter-over-quarter from -$912.1 million in Q4 2025, and down 9.79% on a YoY basis from -$1.0 billion in Q1 2025.

Trulieve Cannabis (TCNNF) Retained Earnings (2020 - 2026) Analysis & Trends

Trulieve Cannabis' Retained Earnings history runs 7 years deep, the most recent figure standing at -$909.7 million for Q1 2026.

  • In Q1 2026, Retained Earnings fell 9.79% year-over-year to -$909.7 million; the TTM figure through Mar 2026 stood at -$909.7 million (down 9.79% YoY), while the FY2025 annual figure was -$912.1 million, down 14.63% from the prior year.
  • Retained Earnings was -$909.7 million for Q1 2026 at Trulieve Cannabis, roughly flat from -$912.1 million in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $105.7 million in Q1 2022 to a low of -$912.1 million in Q4 2025.
  • Historically, Retained Earnings has averaged -$541.0 million across 5 years, with a median of -$663.7 million in 2024.
  • The sharpest annual moves came in 2023 and 2026: Retained Earnings plunged 1840.02% in 2023, then dropped 9.79% in 2026.
  • A 5-year view of Retained Earnings shows it stood at -$113.8 million in 2022, then tumbled by 462.74% to -$640.6 million in 2023, then decreased by 24.21% to -$795.7 million in 2024, then declined by 14.63% to -$912.1 million in 2025, then increased by 0.26% to -$909.7 million in 2026.
  • The last three Retained Earnings figures came in at -$909.7 million (Q1 2026), -$912.1 million (Q4 2025), and -$869.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn -2.51 Bn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn -772.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn -10.20 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 683,383.23
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 589.60 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn -2.13 Bn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -2.91 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -4.41 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn -1.87 Mn
10 Trulieve Cannabis - - 170.08 Mn -909.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -909.72 Mn
Dec 31, 2025 -912.13 Mn
Sep 30, 2025 -869.23 Mn
Jun 30, 2025 -842.39 Mn
Mar 31, 2025 -828.61 Mn
Dec 31, 2024 -795.74 Mn
Sep 30, 2024 -735.96 Mn
Jun 30, 2024 -675.75 Mn
Mar 31, 2024 -663.72 Mn
Dec 31, 2023 -640.64 Mn
Sep 30, 2023 -607.21 Mn
Jun 30, 2023 -581.82 Mn
Mar 31, 2023 -177.97 Mn
Dec 31, 2022 -113.84 Mn
Sep 30, 2022 -31.30 Mn
Jun 30, 2022 83.26 Mn
Mar 31, 2022 105.75 Mn
Dec 31, 2021 137.72 Mn
Sep 30, 2021 209.26 Mn
Jun 30, 2021 190.65 Mn