Trulieve Cannabis (TRLV) Gross Profit (2020 - 2026)
Trulieve Cannabis (TRLV) posted Gross Profit of $148.02 million for Q3 2026, down 12.9% from $169.86 million a year earlier and down 8.8% from the prior quarter.
Trulieve Cannabis (TRLV) Gross Profit (2020 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Profit at Trulieve Cannabis was $655.56 million, down 9.3% year-over-year; for FY2025, it was $711.17 million, down 0.6% from FY2024.
- Annual Gross Profit shows a five-year compound annual growth rate of 13.0% (FY2020 to FY2025).
- In prior years, Trulieve Cannabis' Gross Profit was $715.75 million in FY2024 (+21.6%), $588.63 million in FY2023 (-14.6%), $689.13 million in FY2022 (+21.6%) and $566.57 million in FY2021 (+46.6%).
- The Q3 2026 figure stands as the lowest quarterly Gross Profit since Q3 2023.
- On a year-over-year basis, Gross Profit has declined in each of the last five quarters, with an average decline of 1.5% over the last eight quarters.
- The strongest year-over-year quarter for Gross Profit in the past five years was Q1 2022, with growth of 33.4%; the weakest was Q2 2023, with a decline of 22.8%.
- According to Business Quant data, Gross Profit for the three prior quarters was $162.29 million (Q2 2026), $170.08 million (Q1 2026) and $175.17 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 148.02 Mn |
| Jun 30, 2026 | 162.29 Mn |
| Mar 31, 2026 | 170.08 Mn |
| Dec 31, 2025 | 175.17 Mn |
| Sep 30, 2025 | 169.86 Mn |
| Jun 30, 2025 | 182.93 Mn |
| Mar 31, 2025 | 183.22 Mn |
| Dec 31, 2024 | 187.02 Mn |
| Sep 30, 2024 | 173.28 Mn |
| Jun 30, 2024 | 181.65 Mn |
| Mar 31, 2024 | 173.80 Mn |
| Dec 31, 2023 | 153.85 Mn |
| Sep 30, 2023 | 142.95 Mn |
| Jun 30, 2023 | 141.64 Mn |
| Mar 31, 2023 | 150.19 Mn |
| Dec 31, 2022 | 157.11 Mn |
| Sep 30, 2022 | 168.71 Mn |
| Jun 30, 2022 | 183.37 Mn |
| Mar 31, 2022 | 180.46 Mn |
| Dec 31, 2021 | 132.88 Mn |
Trulieve Cannabis Gross Profit 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=gross-profit&ticker=TRLV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=TRLV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();