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
DateValue
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