Trulieve Cannabis (TRLV) Free Cash Flow (2020 - 2026)
Trulieve Cannabis (TRLV) recorded Free Cash Flow of $32.13 million in Q2 2026, down 54.2% from $70.08 million a year earlier and down 23.9% from the prior quarter.
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Analysis
Trulieve Cannabis (TRLV) Free Cash Flow (2020 - 2026) Analysis & Trends
On a TTM basis, Trulieve Cannabis' Free Cash Flow came in at $202.56 million as of Jun 30, 2026, up 151.3% year-over-year; for FY2025, it was $228.63 million, up 53.6% from FY2024.
- Across earlier years, Free Cash Flow came in at $148.88 million in FY2024 (-7.9%), $161.6 million in FY2023, -$141.65 million in FY2022 and -$263 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Free Cash Flow since Q1 2025.
- On a year-over-year basis, Free Cash Flow rose in two of the last four quarters, with an average decline of 8.7%.
- Per Business Quant, the preceding three quarters came in at $42.22 million (Q1 2026), $55.81 million (Q4 2025) and $72.41 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 5.11 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 662.00 Mn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | -20.58 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -9.29 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 32.13 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 8.79 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 22.27 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 26.24 Mn |
| 10 | Verano Holdings | 771.72 Mn | 445.33 Mn | 99.70 Mn | 18.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.13 Mn |
| Mar 31, 2026 | 42.22 Mn |
| Dec 31, 2025 | 55.81 Mn |
| Sep 30, 2025 | 72.41 Mn |
| Jun 30, 2025 | 70.08 Mn |
| Mar 31, 2025 | 30.33 Mn |
| Dec 31, 2024 | -12.02 Mn |
| Sep 30, 2024 | -7.78 Mn |
| Jun 30, 2024 | 45.03 Mn |
| Mar 31, 2024 | 123.66 Mn |
| Dec 31, 2023 | 122.23 Mn |
| Sep 30, 2023 | 87.16 Mn |
| Jun 30, 2023 | -34.46 Mn |
| Mar 31, 2023 | -13.32 Mn |
| Dec 31, 2022 | 20.68 Mn |
| Sep 30, 2022 | -59.19 Mn |
| Jun 30, 2022 | -100.18 Mn |
| Mar 31, 2022 | -2.97 Mn |
| Dec 31, 2021 | -147.18 Mn |
| Sep 30, 2021 | -49.72 Mn |
API Access
Trulieve Cannabis Free Cash Flow 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=free-cash-flow&ticker=TRLV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();