Trulieve Cannabis reported revenue of $270.95M and net income of -$406.06M for the quarter ended Jun 2026, down 10.3% year over year. This income statement covers 26 quarters of results from Mar 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||
| Revenue | 224.09M | 298.90M | 317.75M | 313.84M | 295.35M | 298.48M | 285.21M | 281.80M | 275.21M | 286.97M | 297.62M | 303.44M | 284.28M | 301.14M | 297.76M | 302.09M | 288.19M | 293.15M | 286.75M | 270.95M | ||||||
| Cost of RevenueCost of Rev | 70.15M | 166.01M | 137.29M | 130.47M | 126.64M | 141.37M | 135.02M | 140.16M | 132.26M | 133.12M | 123.82M | 121.79M | 111.01M | 114.13M | 114.54M | 119.16M | 118.33M | 117.98M | 116.67M | 108.66M | ||||||
| Gross Profit | 153.94M | 132.88M | 180.46M | 183.37M | 168.71M | 157.11M | 150.19M | 141.64M | 142.95M | 153.85M | 173.80M | 181.65M | 173.28M | 187.02M | 183.22M | 182.93M | 169.86M | 175.16M | 170.08M | 162.29M | ||||||
| Operating items | ||||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 8.10M | 13.80M | 15.50M | 20.10M | 18.82M | 24.80M | 20.50M | 18.68M | 17.83M | |||||||||||||||||
| Research & DevelopmentR&D | 51.72M | 69.05M | 72.84M | 73.90M | 74.33M | 57.88M | 60.73M | 61.08M | 59.40M | 58.96M | 61.11M | 63.18M | 66.73M | 66.70M | ||||||||||||
| Selling, General & AdministrativeSG&A | 28.22M | 43.58M | 33.55M | 33.58M | 37.61M | 64.87M | 39.31M | 34.90M | 34.45M | 277.49M | 101.31M | 102.58M | 148.62M | 157.94M | 118.77M | 101.12M | 99.02M | 126.31M | 104.89M | 101.77M | ||||||
| Other Operating ExpensesOther Opex | -0.38M | 17.54M | -2.68M | -0.72M | 65.29M | 4.35M | 12.49M | 336.95M | 7.07M | -229.61M | -34.71M | -33.87M | -42.69M | -38.93M | 31.12M | 29.18M | 28.60M | 33.56M | 29.46M | 431.05M | ||||||
| Operating ExpensesOpex | 87.67M | 143.97M | 151.28M | 141.90M | 196.05M | 151.90M | 133.04M | 432.93M | 119.60M | 124.67M | 127.70M | 131.89M | 172.66M | 185.71M | 149.89M | 130.29M | 127.62M | 159.87M | 134.36M | 532.81M | ||||||
| Operating IncomeOp. Inc | 66.28M | -11.09M | 29.17M | 41.47M | -27.34M | 5.21M | 17.15M | -291.29M | 23.34M | 29.18M | 46.10M | 49.75M | 0.62M | 1.31M | 33.33M | 52.63M | 42.24M | 15.30M | 35.73M | -370.52M | ||||||
| EBIT | 66.28M | -11.09M | 29.17M | 41.47M | -27.34M | 5.21M | 17.15M | -291.29M | 23.34M | 29.18M | 46.10M | 49.75M | 0.62M | 1.31M | 33.33M | 52.63M | 42.24M | 15.30M | 35.73M | -370.52M | ||||||
| Non-operating items | ||||||||||||||||||||||||||
| Non Operating Interest Expenses | 6.14M | 8.43M | 17.88M | 18.14M | 17.73M | 21.19M | 21.16M | 18.93M | 20.83M | 20.64M | 14.67M | 15.45M | 17.46M | 14.62M | 16.30M | 16.39M | 16.09M | 14.68M | 13.32M | 12.76M | ||||||
| Interest & Investment IncomeInt & Inv Inc | 1.06M | 1.33M | 1.93M | 1.84M | 3.26M | 4.04M | 4.20M | 3.18M | 3.07M | 3.64M | 4.39M | 3.42M | 2.68M | 3.06M | ||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.09M | 0.73M | 0.89M | 1.68M | 0.45M | -0.63M | 4.11M | 0.64M | 8.16M | -6.37M | -2.74M | -1.84M | -0.20M | -2.77M | 0.23M | -0.97M | -1.25M | 0.27M | 0.13M | -403.33M | ||||||
| Non Operating IncomeNon Op. Inc. | -6.06M | -7.50M | -16.17M | -15.02M | -16.92M | -22.82M | -15.99M | -16.96M | -9.62M | -20.36M | -14.15M | -13.25M | -13.46M | -14.21M | -13.00M | -13.73M | -12.94M | -12.36M | -10.51M | -12.87M | ||||||
| Net income details | ||||||||||||||||||||||||||
| EBT | 60.22M | -18.58M | 13.00M | 26.45M | -44.26M | -17.61M | 1.16M | -308.25M | 13.72M | 8.82M | 31.95M | 36.51M | -12.84M | -12.90M | 20.33M | 38.90M | 29.30M | 2.94M | 25.22M | -383.40M | ||||||
| Tax ProvisionsTaxes | 41.60M | 40.47M | 43.12M | 45.24M | 28.37M | 46.61M | 35.46M | 33.83M | 36.64M | 45.42M | 55.44M | 47.20M | 47.38M | 47.57M | 52.46M | 54.72M | 53.04M | 47.89M | 21.86M | 21.97M | ||||||
| Profit After TaxPAT | 18.62M | -58.46M | -32.48M | -24.02M | -115.07M | -81.15M | -67.14M | -406.87M | -25.84M | -34.79M | -30.56M | -12.31M | -61.86M | -60.86M | -33.76M | -16.11M | -28.78M | -43.59M | 3.48M | -406.06M | ||||||
| Equity Income | -3.30M | |||||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | -0.51M | -1.53M | -0.52M | -1.44M | -0.98M | -2.35M | -0.45M | -1.36M | -1.77M | -0.28M | -1.64M | -1.78M | -0.89M | -2.33M | -1.95M | -0.70M | -0.12M | -0.09M | ||||||||
| Income from Continuing OperationsIncome (Continuing) | 18.62M | -59.05M | -30.12M | -18.79M | -72.63M | -64.22M | -34.30M | -342.08M | -22.92M | -36.60M | -23.49M | -10.69M | -60.22M | -60.47M | -32.14M | -15.82M | -23.73M | -44.95M | 3.36M | -405.36M | ||||||
| Income from Discontinued OperationsIncome (Discontinued) | -2.36M | -5.23M | -42.45M | -16.93M | -31.33M | -64.80M | -2.93M | 1.81M | -1.36M | -1.62M | -1.64M | -1.09M | -1.62M | -0.29M | -5.05M | 1.35M | -1.08M | -0.70M | ||||||||
| Consolidated Net IncomeConsol Net Inc. | 18.62M | -59.05M | -32.48M | -24.02M | -115.07M | -81.15M | -65.63M | -406.87M | -25.84M | -34.79M | -24.85M | -12.31M | -61.86M | -61.56M | -33.76M | -16.11M | -28.78M | -43.59M | 2.28M | -406.06M | ||||||
| Income towards Parent CompanyParent Net Inc | 18.62M | -59.05M | -32.48M | -24.02M | -115.07M | -81.15M | -65.63M | -406.87M | -25.84M | -34.79M | -24.85M | -12.31M | -61.86M | -61.56M | -33.76M | -16.11M | -28.78M | -43.59M | 2.28M | -406.06M | ||||||
| Preferred Dividend PaymentsPref Dividends | 8.84M | -1.89M | 2.06M | |||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | 18.62M | -71.54M | -31.98M | -22.49M | -114.55M | -77.04M | -64.12M | -403.85M | -25.39M | -33.43M | -23.08M | -12.03M | -60.21M | -59.78M | -32.87M | -13.78M | -26.84M | -42.90M | 2.41M | -405.98M | ||||||
| Additional items | ||||||||||||||||||||||||||
| EPS (Basic) | 0.15 | -0.51 | -0.17 | -0.12 | -0.61 | -0.41 | -0.34 | -2.14 | -0.13 | -0.18 | -0.12 | -0.06 | -0.32 | -0.31 | -0.17 | -0.07 | -0.14 | -0.22 | 0.01 | -2.11 | ||||||
| EPS (Diluted) | 0.14 | -0.49 | -0.17 | -0.12 | -0.61 | -0.41 | -0.34 | -2.14 | -0.13 | -0.18 | -0.12 | -0.06 | -0.32 | -0.31 | -0.17 | -0.07 | -0.14 | -0.22 | 0.01 | -2.11 | ||||||
| Shares Outstanding | 128.15M | 139.37M | 187.05M | 187.17M | 188.60M | 188.00M | 188.90M | 189.05M | 188.92M | 188.97M | 189.49M | 190.33M | 190.19M | 189.99M | 191.13M | 191.20M | 191.28M | 191.32M | 192.54M | 192.71M | ||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 136.91M | 146.76M | 187.05M | 187.17M | 188.60M | 188.00M | 188.90M | 189.05M | 188.92M | 188.97M | 189.49M | 190.33M | 190.19M | 189.99M | 191.13M | 191.20M | 191.28M | 191.32M | 197.76M | 192.71M | ||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 129.53M | 139.37M | 184.18M | 185.64M | 185.90M | 185.99M | 186.00M | 186.00M | 186.00M | 186.24M | 187.30M | 187.32M | 189.20M | 191.01M | 191.10M | 191.10M | 191.14M | 192.31M | 192.31M | 192.40M | ||||||
| EBITDA | 74.38M | 2.71M | 44.67M | 61.57M | -8.52M | 30.01M | 37.65M | -291.29M | 42.03M | 47.01M | 46.10M | 49.75M | 0.62M | 1.31M | 33.33M | 52.63M | 42.24M | 15.30M | 35.73M | -370.52M | ||||||
| Interest ExpensesInt Expense | 6.14M | 8.43M | 17.88M | 18.14M | 17.73M | 21.19M | 21.16M | 18.93M | 20.83M | 20.64M | 14.67M | 15.45M | 17.46M | 14.62M | 16.30M | 16.39M | 16.09M | 14.68M | 13.32M | 12.76M | ||||||
| Tax Rate | 69.09% | -217.79% | 331.68% | 171.01% | -64.10% | -264.66% | 3,046.74% | -10.97% | 266.98% | 514.91% | 173.53% | 129.29% | -369.11% | -368.71% | 258.10% | 140.65% | 181.00% | 1,628.32% | 86.67% | -5.73% |