Trulieve Cannabis (TRLV) Research & Development (2020 - 2024)
Trulieve Cannabis (TRLV) posted quarterly Research & Development of $66.7 million for Q4 2024, up 13.13% year-over-year from $59.0 million in Q1 2024, and little changed quarter-over-quarter from $66.7 million in Q3 2024.
Trulieve Cannabis (TRLV) Research & Development (2020 - 2024) Analysis & Trends
Trulieve Cannabis' Research & Development history runs 5 years deep, the most recent figure standing at $66.7 million for Q4 2024.
- In Q4 2024, Research & Development rose 13.13% year-over-year to $66.7 million; the TTM figure through Dec 2024 stood at $257.7 million (up 7.31% YoY), while the FY2024 annual figure was $257.7 million, up 7.31% from the prior year.
- Research & Development for Q4 2024 stood at $66.7 million, roughly flat from $66.7 million in the prior quarter.
- The five-year high for Research & Development was $74.3 million in Q3 2022, with the low at $22.9 million in Q1 2020.
- The 5-year median for Research & Development is $60.1 million (2023), against an average of $55.4 million.
- The sharpest annual moves came in 2021 and 2023: Research & Development jumped 94.87% in 2021, then dropped 20.09% in 2023.
- Trulieve Cannabis' Research & Development stood at $38.6 million in 2020, then jumped by 78.73% to $69.0 million in 2021, then decreased by 16.17% to $57.9 million in 2022, then grew by 1.86% to $59.0 million in 2023, then rose by 13.13% to $66.7 million in 2024.
- Business Quant data shows TRLV's Research & Development at $66.7 million in Q4 2024, $66.7 million in Q3 2024, and $63.2 million in Q2 2024.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 66.70 Mn |
| Sep 30, 2024 | 66.73 Mn |
| Jun 30, 2024 | 63.18 Mn |
| Mar 31, 2024 | 61.11 Mn |
| Dec 31, 2023 | 58.96 Mn |
| Sep 30, 2023 | 59.40 Mn |
| Jun 30, 2023 | 61.08 Mn |
| Mar 31, 2023 | 60.73 Mn |
| Dec 31, 2022 | 57.88 Mn |
| Sep 30, 2022 | 74.33 Mn |
| Jun 30, 2022 | 73.90 Mn |
| Mar 31, 2022 | 72.84 Mn |
| Dec 31, 2021 | 69.05 Mn |
| Sep 30, 2021 | 51.72 Mn |
| Jun 30, 2021 | 46.58 Mn |
| Mar 31, 2021 | 44.56 Mn |
| Dec 31, 2020 | 38.63 Mn |
| Sep 30, 2020 | 30.89 Mn |
| Jun 30, 2020 | 27.01 Mn |
| Mar 31, 2020 | 22.87 Mn |