Trulieve Cannabis (TRLV) EBITDA (2020 - 2026)
Trulieve Cannabis (TRLV) posted EBITDA of -$370.5 million for Q2 2026, down 1137.15% on a QoQ basis from $35.7 million in Q1 2026, and down 803.96% year-over-year from $52.6 million in Q2 2025.
Analysis
Trulieve Cannabis (TRLV) EBITDA (2020 - 2026) Analysis & Trends
Trulieve Cannabis has reported EBITDA for 7 years, with the latest figure at -$370.5 million in Q2 2026.
- On a quarterly basis, EBITDA fell 803.96% year-over-year to -$370.5 million in Q2 2026; TTM through Jun 2026 was -$277.3 million, a 415.48% decrease from a year earlier, with the FY2025 full-year figure at $196.6 million, up 31.74% from the prior year.
- EBITDA was -$370.5 million for Q2 2026 at Trulieve Cannabis, down from $35.7 million in the prior quarter.
- The five-year high for EBITDA was $61.6 million in Q2 2022, with the low at -$370.5 million in Q2 2026.
- Average EBITDA over 5 years is -$7.2 million, with a median of $36.7 million recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: EBITDA soared 6734.63% in 2025, then sank 803.96% in 2026.
- Over 5 years, EBITDA stood at $30.0 million in 2022, then surged by 56.65% to $47.0 million in 2023, then slumped by 97.22% to $1.3 million in 2024, then jumped by 1069.5% to $15.3 million in 2025, then slumped by 2522.19% to -$370.5 million in 2026.
- The last three EBITDA figures came in at -$370.5 million (Q2 2026), $35.7 million (Q1 2026), and $15.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.69 Bn | 2.60 Bn | 169.91 Mn | 24.29 Mn |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.99 Bn | 162.29 Mn | -370.52 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 19.97 Mn |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 7.40 Mn |
| 5 | Glass House Brands | 672.69 Mn | 654.14 Mn | 15.77 Mn | 5.69 Mn |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | -4.60 Mn |
| 7 | Tilray Brands | 475.29 Mn | 240.66 Mn | 90.52 Mn | -16.45 Mn |
| 8 | Verano Holdings | 439.55 Mn | 354.35 Mn | 99.70 Mn | 3.14 Mn |
| 9 | Canopy Growth | 407.36 Mn | 160.35 Mn | 16.08 Mn | -15.98 Mn |
| 10 | Sndl | 363.80 Mn | 231.26 Mn | 40.74 Mn | -5.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -370.52 Mn |
| Mar 31, 2026 | 35.73 Mn |
| Dec 31, 2025 | 15.30 Mn |
| Sep 30, 2025 | 42.24 Mn |
| Jun 30, 2025 | 52.63 Mn |
| Mar 31, 2025 | 33.33 Mn |
| Dec 31, 2024 | 1.31 Mn |
| Sep 30, 2024 | 618,000.00 |
| Jun 30, 2024 | 49.75 Mn |
| Mar 31, 2024 | 46.10 Mn |
| Dec 31, 2023 | 47.01 Mn |
| Sep 30, 2023 | 42.03 Mn |
| Jun 30, 2023 | -291.29 Mn |
| Mar 31, 2023 | 37.65 Mn |
| Dec 31, 2022 | 30.01 Mn |
| Sep 30, 2022 | -8.52 Mn |
| Jun 30, 2022 | 61.57 Mn |
| Mar 31, 2022 | 44.67 Mn |
| Dec 31, 2021 | 2.72 Mn |
| Sep 30, 2021 | 74.38 Mn |