Trulieve Cannabis (TCNNF) Tax Provisions (2020 - 2026)
Trulieve Cannabis (TCNNF) recorded quarterly Tax Provisions of $21.9 million in Q1 2026, down 54.35% quarter-over-quarter from $47.9 million in Q4 2025, and down 58.34% on a YoY basis from $52.5 million in Q1 2025.
Trulieve Cannabis (TCNNF) Tax Provisions (2020 - 2026) Analysis & Trends
Trulieve Cannabis' Tax Provisions history runs 7 years deep, the most recent figure standing at $21.9 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 58.34% year-over-year to $21.9 million; the TTM figure through Mar 2026 stood at $177.5 million (down 8.79% YoY), while the FY2025 annual figure was $208.1 million, up 5.32% from the prior year.
- Tax Provisions was $21.9 million for Q1 2026 at Trulieve Cannabis, down from $47.9 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $55.4 million in Q1 2024 to a low of $21.9 million in Q1 2026.
- Historically, Tax Provisions has averaged $43.7 million across 5 years, with a median of $46.6 million in 2022.
- The sharpest annual moves came in 2024 and 2026: Tax Provisions surged 56.31% in 2024, then plunged 58.34% in 2026.
- A 5-year view of Tax Provisions shows it stood at $46.6 million in 2022, then retreated by 2.54% to $45.4 million in 2023, then grew by 4.72% to $47.6 million in 2024, then rose by 0.67% to $47.9 million in 2025, then sank by 54.35% to $21.9 million in 2026.
- The last three Tax Provisions figures came in at $21.9 million (Q1 2026), $47.9 million (Q4 2025), and $53.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 67.00 Mn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 157.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 43.40 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | -3.57 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 48.90 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 30.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | 4.60 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | -9.44 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 37.99 Mn |
| 10 | Trulieve Cannabis | - | - | 170.08 Mn | 21.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.86 Mn |
| Dec 31, 2025 | 47.89 Mn |
| Sep 30, 2025 | 53.04 Mn |
| Jun 30, 2025 | 54.72 Mn |
| Mar 31, 2025 | 52.46 Mn |
| Dec 31, 2024 | 47.57 Mn |
| Sep 30, 2024 | 47.38 Mn |
| Jun 30, 2024 | 47.20 Mn |
| Mar 31, 2024 | 55.44 Mn |
| Dec 31, 2023 | 45.43 Mn |
| Sep 30, 2023 | 36.64 Mn |
| Jun 30, 2023 | 33.83 Mn |
| Mar 31, 2023 | 35.46 Mn |
| Dec 31, 2022 | 46.61 Mn |
| Sep 30, 2022 | 28.37 Mn |
| Jun 30, 2022 | 45.24 Mn |
| Mar 31, 2022 | 43.13 Mn |
| Dec 31, 2021 | 40.47 Mn |
| Sep 30, 2021 | 41.60 Mn |
| Jun 30, 2021 | 29.10 Mn |