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

Trulieve Cannabis (TRLV) has reported Gross Margin for 7 consecutive years, with 59.31% the latest figure, recorded in 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 came in at 59.31% for Q1 2026 at Trulieve Cannabis, 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.
• Average Gross Margin over 5 years is 57.34%, with a median of 58.43% recorded in 2022.
• Across the five-year window, Gross Margin tumbled 1300 bps in 2022 and soared 960 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 52.64% in 2022, then rose by 2 bps to 53.61% in 2023, then advanced by 16 bps to 62.1% in 2024, then fell by 4 bps to 59.75% in 2025, then slipped by 1 bps to 59.31% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 59.31%, 59.75%, and 58.94% for Q1 2026, Q4 2025, and Q3 2025 respectively.