Trulieve Cannabis TRLV
NYSE TRLV
$12.02 -0.41 (-3.26%)
As of: Sep 9, 2026 · 1:46 PM EDT

Trulieve Cannabis (TRLV) Operating Income (2020 - 2026)

Trulieve Cannabis (TRLV) posted Operating Income of -$370.5 million for Q2 2026, down 1137.15% on a QoQ basis from $35.7 million in Q1 2026, and down 803.96% year-over-year from $52.6 million in Q2 2025.

Analysis

Trulieve Cannabis (TRLV) Operating Income (2020 - 2026) Analysis & Trends

Trulieve Cannabis has reported Operating Income for 7 years, with the latest figure at -$370.5 million in Q2 2026.

  • On a quarterly basis, Operating Income fell 803.96% year-over-year to -$370.5 million in Q2 2026; TTM through Jun 2026 was -$277.3 million, a 415.48% decrease from a year earlier, with the FY2025 full-year figure at $143.5 million, up 46.75% from the prior year.
  • Operating Income was -$370.5 million for Q2 2026 at Trulieve Cannabis, down from $35.7 million in the prior quarter.
  • The five-year high for Operating Income was $52.6 million in Q2 2025, with the low at -$370.5 million in Q2 2026.
  • Average Operating Income over 5 years is -$14.8 million, with a median of $26.3 million recorded in 2022.
  • The sharpest annual moves came in 2025 and 2026: Operating Income soared 6734.63% in 2025, then sank 803.96% in 2026.
  • Over 5 years, Operating Income stood at $5.2 million in 2022, then jumped by 460.51% to $29.2 million in 2023, then slumped by 95.52% to $1.3 million in 2024, then jumped by 1069.5% to $15.3 million in 2025, then slumped by 2522.19% to -$370.5 million in 2026.
  • The last three Operating Income figures came in at -$370.5 million (Q2 2026), $35.7 million (Q1 2026), and $15.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Curaleaf Holdings 2.69 Bn 2.60 Bn 169.91 Mn 4.22 Mn
2 Trulieve Cannabis 2.31 Bn 1.99 Bn 162.29 Mn -370.52 Mn
3 Green Thumb Industries 1.72 Bn 1.43 Bn 137.87 Mn 19.97 Mn
4 Cronos 1.18 Bn 383.59 Mn 28.45 Mn 7.40 Mn
5 Glass House Brands 672.69 Mn 654.14 Mn 15.77 Mn -3.00 Mn
6 Vireo Growth 550.06 Mn 407.76 Mn 95.30 Mn -6.30 Mn
7 Tilray Brands 475.29 Mn 240.66 Mn 90.52 Mn -16.45 Mn
8 Verano Holdings 439.55 Mn 354.35 Mn 99.70 Mn 3.14 Mn
9 Canopy Growth 407.36 Mn 160.35 Mn 16.08 Mn -15.98 Mn
10 Sndl 363.80 Mn 231.26 Mn 40.74 Mn -5.67 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -370.52 Mn
Mar 31, 2026 35.73 Mn
Dec 31, 2025 15.30 Mn
Sep 30, 2025 42.24 Mn
Jun 30, 2025 52.63 Mn
Mar 31, 2025 33.33 Mn
Dec 31, 2024 1.31 Mn
Sep 30, 2024 618,000.00
Jun 30, 2024 49.75 Mn
Mar 31, 2024 46.10 Mn
Dec 31, 2023 29.18 Mn
Sep 30, 2023 23.34 Mn
Jun 30, 2023 -291.29 Mn
Mar 31, 2023 17.15 Mn
Dec 31, 2022 5.21 Mn
Sep 30, 2022 -27.34 Mn
Jun 30, 2022 41.47 Mn
Mar 31, 2022 29.17 Mn
Dec 31, 2021 -11.09 Mn
Sep 30, 2021 66.28 Mn