Trulieve Cannabis TRLV Revenue Breakdown

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As of: Sep 17, 2026 · 3:59 PM EDT
Annual revenue breakdowns for Trulieve Cannabis Corp., fiscal 2020 to 2025, as reported in its filings.
Annual history

Trulieve Cannabis Corp. Revenue by Product and Service

Years FY 2020–2025
Lines 2
FY 2025 Total $1.18B

Retail was the largest of Trulieve Cannabis Corp.’s 2 reported lines in fiscal 2025, at $1.11B — 94% of $1.18B.

Trulieve Cannabis Corp. revenue by product and service, fiscal 2020 to 2025
Product and Service FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Retail $1.16B $1.08B $1.13B $1.11B
Wholesale & Other $59.75M $45.65M $57.61M $70.74M
Total $1.22B $1.13B $1.19B $1.18B
Totals include 3 discontinued lines from earlier reporting.

Trulieve Cannabis Corp. revenue by product and service: what the figures show

In fiscal 2025, which ended December 31, 2025, the 2 revenue lines Trulieve Cannabis Corp. reported in this breakdown added up to $1.18B. That was down 0.4% from $1.19B in fiscal 2024. Retail was the largest revenue line, at $1.11B or 94.0% of the total, followed by Wholesale & Other ($70.74M, 6.0%).

Compared with fiscal 2024, Wholesale & Other grew the fastest, rising 22.8% to $70.74M. Retail fell the most, down 1.6% to $1.11B. Over fiscal 2022 to 2025, revenue across these revenue lines went from $1.22B to $1.18B, a compound annual decline of 1.0%. Retail's share of the total fell from 95.1% to 94.0% over the same years.

The table also keeps 3 revenue lines that Trulieve Cannabis Corp. no longer reports, so earlier years can still be read on their original basis; use "Show 3 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2020 to 2025, as reported in Trulieve Cannabis Corp.'s annual filings.

Questions

Trulieve Cannabis Corp. Revenue Breakdown FAQ

How does Trulieve Cannabis Corp. make money?

Trulieve Cannabis Corp. (TRLV) breaks its revenue down by revenue line. In fiscal 2025, its largest revenue line was Retail, with $1.11B or 94.0% of the total, followed by Wholesale & Other at $70.74M (6.0%).

What is Trulieve Cannabis Corp.'s largest revenue line?

Retail was Trulieve Cannabis Corp.'s largest revenue line in fiscal 2025, with $1.11B in revenue, 94.0% of the $1.18B reported across its 2 revenue lines.

Which Trulieve Cannabis Corp. revenue line is growing the fastest?

Of the Trulieve Cannabis Corp. revenue lines reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Wholesale & Other grew the fastest, rising 22.8% from $57.61M to $70.74M.

Where does this revenue breakdown data come from?

Every figure is taken from Trulieve Cannabis Corp.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.

How far back does Trulieve Cannabis Corp.'s revenue breakdown go?

The breakdown by revenue line covers fiscal 2020 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.