Trulieve Cannabis (TRLV) Gross Margin (2020 - 2026)

Trulieve Cannabis has reported Gross Margin for 7 years, with the latest figure at 59.9% in Q2 2026.

• On a quarterly basis, Gross Margin fell 66.0% year-over-year to 59.9% in Q2 2026; TTM through Jun 2026 was 59.47%, a 182.0% decrease from a year earlier, with the FY2025 full-year figure at 60.21%, down 12.0% from the prior year.
• Gross Margin was 59.9% for Q2 2026 at Trulieve Cannabis, up from 59.31% 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.
• Average Gross Margin over 5 years is 57.49%, with a median of 58.68% recorded in 2022.
• The sharpest annual moves came in 2022 and 2024: Gross Margin sank 1300 bps in 2022, then jumped 960 bps in 2024.
• Over 5 years, Gross Margin stood at 52.64% in 2022, then grew by 2 bps to 53.61% in 2023, then rose by 16 bps to 62.1% in 2024, then dropped by 4 bps to 59.75% in 2025, then grew by 0 bps to 59.9% in 2026.
• The last three Gross Margin figures came in at 59.9% (Q2 2026), 59.31% (Q1 2026), and 59.75% (Q4 2025), per Business Quant data.