Trulieve Cannabis (TRLV) Change in Taxes (2020 - 2026)
Trulieve Cannabis' Change in Taxes was $27.18 million in Q3 2026, down 52.0% from $56.65 million a year earlier and down 17.5% from the prior quarter.
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Analysis
Trulieve Cannabis (TRLV) Change in Taxes (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trulieve Cannabis' Change in Taxes was $140.2 million through Sep 30, 2026, down 39.6% year-over-year; for FY2025, it was $223.15 million, down 15.7% from FY2024.
- In earlier years, Change in Taxes was $264.87 million in FY2024 (+64.6%), $160.89 million in FY2023 (+714.4%), $19.76 million in FY2022 and -$12.98 million in FY2021.
- The Q3 2026 figure marks the lowest quarterly Change in Taxes since Q2 2023.
- Compared with a year earlier, Change in Taxes has declined for four straight quarters, with an average decline of 28.0% over the last eight quarters.
- The best year-over-year quarter for Change in Taxes over five years was Q4 2023 (growth of 123.2%); the worst was Q3 2024 (a decline of 54.3%).
- Per Business Quant data, TRLV's Change in Taxes in the three quarters before Q3 2026 was $32.94 million (Q2 2026), $28.02 million (Q1 2026) and $52.06 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn | 362.00 Mn |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn | 137.00 Mn |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn | - |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn | 7.97 Mn |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn | 27.18 Mn |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn | 10.20 Mn |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn | 18.62 Mn |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn | 8.52 Mn |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.18 Mn |
| Jun 30, 2026 | 32.94 Mn |
| Mar 31, 2026 | 28.02 Mn |
| Dec 31, 2025 | 52.06 Mn |
| Sep 30, 2025 | 56.65 Mn |
| Jun 30, 2025 | 58.73 Mn |
| Mar 31, 2025 | 55.71 Mn |
| Dec 31, 2024 | 61.09 Mn |
| Sep 30, 2024 | 51.03 Mn |
| Jun 30, 2024 | 55.14 Mn |
| Mar 31, 2024 | 97.62 Mn |
| Dec 31, 2023 | 99.05 Mn |
| Sep 30, 2023 | 111.57 Mn |
| Jun 30, 2023 | -36.35 Mn |
| Mar 31, 2023 | -13.38 Mn |
| Dec 31, 2022 | 44.37 Mn |
| Sep 30, 2022 | -20.94 Mn |
| Jun 30, 2022 | -45.88 Mn |
| Mar 31, 2022 | 42.21 Mn |
| Dec 31, 2021 | -234,000.00 |
API Access
Trulieve Cannabis Change in Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-taxes&ticker=TRLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "ticker": "TRLV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-taxes&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();