Trulieve Cannabis (TRLV) Gross Margin (2020 - 2026)
Trulieve Cannabis (TRLV) posted quarterly Gross Margin of 59.31% for Q1 2026, down 222.0% year-over-year from 48.62% in Q1 2025, and down 0.74% quarter-over-quarter from 59.75% in Q4 2025.
Trulieve Cannabis (TRLV) Gross Margin (2020 - 2026) Analysis & Trends
Trulieve Cannabis' Gross Margin history runs 7 years deep, the most recent figure standing at 59.31% for Q1 2026.
- In Q1 2026, Gross Margin fell 222.0% year-over-year to 59.31%; the TTM figure through Mar 2026 stood at 59.65% (down 146.0% YoY), while the FY2025 annual figure was 60.21%, down 12.0% from the prior year.
- Gross Margin for Q1 2026 stood at 59.31%, down from 59.75% in the prior quarter.
- The five-year high for Gross Margin was 62.1% in Q4 2024, with the low at 50.26% in Q2 2023.
- The 5-year median for Gross Margin is 58.43% (2022), against an average of 57.34%.
- The sharpest annual moves came in 2022 and 2024: Gross Margin sank 1300 bps in 2022, then surged 960 bps in 2024.
- Trulieve Cannabis' Gross Margin stood at 52.64% in 2022, then advanced by 2 bps to 53.61% in 2023, then grew by 16 bps to 62.1% in 2024, then decreased by 4 bps to 59.75% in 2025, then declined by 1 bps to 59.31% in 2026.
- Business Quant data shows TRLV's Gross Margin at 59.31% in Q1 2026, 59.75% in Q4 2025, and 58.94% in Q3 2025.
Powered by 
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 59.90% |
| Mar 31, 2026 | 59.31% |
| Dec 31, 2025 | 59.75% |
| Sep 30, 2025 | 58.94% |
| Jun 30, 2025 | 60.55% |
| Mar 31, 2025 | 61.53% |
| Dec 31, 2024 | 62.10% |
| Sep 30, 2024 | 60.95% |
| Jun 30, 2024 | 59.86% |
| Mar 31, 2024 | 58.40% |
| Dec 31, 2023 | 53.61% |
| Sep 30, 2023 | 51.94% |
| Jun 30, 2023 | 50.26% |
| Mar 31, 2023 | 52.66% |
| Dec 31, 2022 | 52.64% |
| Sep 30, 2022 | 57.12% |
| Jun 30, 2022 | 58.43% |
| Mar 31, 2022 | 56.79% |
| Dec 31, 2021 | 44.46% |
| Sep 30, 2021 | 68.70% |