Saturday 17 October 2026 Export SNDL’s income statement to Excel — free account

SNDL Inc.

SNDL Consumer Defensive Beverages Wineries & Distilleries

SNDL Inc.’s revenue for fiscal 2025 (year ended December 2025) was $677.3 million, up 0.83% from fiscal 2024. In the quarter to June 2026, revenue fell 3.77%, EPS fell 300.0%, free cash flow fell 15.8% and total debt rose 11.1%, each against the same quarter a year earlier.

1.26 0.05 +4.13%

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Market cap: $297.8M
P/E: 0.0×
Fwd P/E: −98.9×
Dividend yield: —
F-score: 6/9
Altman Z: 1.17
Beneish M: −2.86
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 6.89%

Capital & Financial Ratios $m

Market Cap 297.81

Revenue 670.76

Net Income (15.55)

Free Cash Flow 37.92

Net Debt (55.16)

Current Ratio 4.76

Debt/Equity 0.12

P/E ratio 0.00

Fwd P/E (98.90)

P/S ratio 0.48

P/B ratio 0.42

Past 5Y EPS Growth —

This Y EPS Growth (41.37%)

Next Y EPS Growth 111.76%

Next Y revenue growth (6.12%)

Next 5Y EPS Growth 56.19%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 4.51%

10-year low 10-year high

P/B against its own 10 years 16.27%

10-year low 10-year high

EV/Sales against its own 10 years 7.20%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	164	196	197	149
Receivables	20	21	20	24
Inventory	96	94	93	98
Other	—	—	—	—
	301	337	322	283

	2023	2024	2025	Q'26
Payables	51	41	41	33
ST’ Debt	—	—	—	—
Other	3	0	—	—
	76	66	66	59

Compound Annual Growth %

	10y	5y	3y
Sales	—	71.64%	7.33%
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	31.38%	(8.27%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	143	170	—	—	—
’25	143	177	177	180	677
’24	147	167	174	185	672
’23	150	182	177	165	673
’22	14	175	177	182	548
’21	8	7	11	18	45
’20	17	15	10	4	45

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	3	3	—	—	—
’25	5	5	23	18	51
’24	2	3	17	18	40
’23	(36)	(7)	20	10	(12)
’22	(21)	(14)	7	22	(5)
’21	(27)	(58)	(43)	4	(124)
’20	(10)	(8)	(16)	(9)	(43)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1	3	—	—	—
’25	4	3	19	15	42
’24	1	3	14	16	33
’23	(37)	(8)	19	8	(17)
’22	(21)	(13)	6	19	(10)
’21	(27)	(60)	(43)	3	(127)
’20	(13)	(5)	(17)	(9)	(44)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.03)	(0.02)	—	—	—
’25	(0.04)	0.01	(0.04)	0.03	(0.04)
’24	(0.01)	(0.01)	(0.05)	(0.19)	(0.26)
’23	(0.10)	(0.09)	(0.06)	(0.24)	(0.48)
’22	(0.15)	(0.24)	(0.32)	(0.39)	(1.12)
’21	(0.70)	(0.20)	0.04	(0.20)	(1.00)
’20	(3.10)	(4.10)	(4.00)	(0.90)	(8.20)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	18.80	1.38	4.70	1.95	1.25	1.30	1.15	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	132.20	38.80	39.60	8.91	2.48	2.93	2.89
People
People	Employees	—	—	937	1,064	394	580	2,607	2,516	2,516	2,751
	Revenue/emp, $m	—	—	0.00	0.05	0.12	0.08	0.21	0.27	0.27	0.25
Income, $m
Income, $m	Revenue	—	—	—	57	45	45	548	673	672	677
	Gross margin, %	—	0.00	0.00	52.40	(38.74)	(29.23)	19.71	20.95	26.11	27.33
	EBT	—	(1)	(52)	(208)	(154)	(185)	(292)	(127)	(77)	(11)
	EBT margin, %	—	0.00	0.00	(364.16)	(338.68)	(414.15)	(53.32)	(18.92)	(11.47)	(1.67)
	Net income	—	0	0	(205)	(154)	(184)	(286)	(131)	(70)	(11)
	Depreciation	—	0	1	7	9	8	36	48	41	40
Per share, $
Per share, $	Revenue	—	0.00	0.00	6.67	2.08	0.24	2.38	2.60	2.54	2.62
	Earnings	—	(0.14)	(6.24)	(23.87)	(8.20)	(1.00)	(1.12)	(0.48)	(0.26)	(0.04)
	Cash flow	—	(0.13)	(2.34)	(9.91)	(1.96)	(0.67)	(0.02)	(0.05)	0.15	0.20
	Capex	—	0.00	0.00	(12.13)	(0.04)	(0.02)	(0.02)	(0.02)	(0.03)	(0.03)
	Free cash flow	—	(0.13)	(2.34)	(22.04)	(2.00)	(0.68)	(0.05)	(0.07)	0.12	0.16
	Book value	—	1.07	(0.72)	19.44	9.21	5.69	4.44	3.51	3.13	3.05
	Shares, m	—	8	8	9	22	186	230	259	264	258
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	4.51	2.28	24.01	0.87	0.61	0.70	0.63
	P/B	—	—	—	1.55	0.51	1.02	0.47	0.45	0.57	0.54
	EV/Sales	—	—	—	6.27	2.39	13.65	0.70	0.59	0.62	0.56
	EV/FCF	—	—	—	(1.90)	(2.49)	(4.82)	(36.58)	(23.12)	12.79	9.42
Cash, $m
Cash, $m	Operating cash flow	—	(1)	(20)	(85)	(43)	(124)	(5)	(12)	40	51
	Capex	—	(4)	(59)	(104)	(1)	(3)	(5)	(5)	(8)	(9)
	Free cash flow	—	(1)	(20)	(189)	(44)	(127)	(10)	(17)	33	42
Balance, $m
Balance, $m	Working capital	—	2	(35)	(73)	70	528	317	225	271	256
	Total debt	—	0	72	146	1	22	107	101	86	96
	Net debt	—	(3)	61	100	(48)	(517)	(147)	(63)	(110)	(101)
	Shareholders’ equity	—	9	(6)	167	201	1,058	1,021	911	827	788
Returns, %
Returns, %	ROA	—	(2.61)	0.00	(106.45)	(59.20)	(27.10)	(22.07)	(11.17)	(6.66)	(1.16)
	ROIC	—	0.00	0.00	(10.40)	(1.99)	(12.25)	(14.12)	(9.57)	(3.44)	(0.68)
	ROE	—	(81.05)	(3,488.86)	(254.61)	(97.24)	(29.19)	(24.79)	(13.24)	(7.96)	(1.40)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BF.B Brown-Forman Corporation	$13.2B	18.6×	15.4×	−1.41% (below 0%: shrinking)	+5.56% (above 0%: growing)	−0.62% (below 0%: shrinking)	60.26%	27.66%	Compare
BF.A Brown Forman Corporation	$13.2B	19.0×	—	−1.41% (below 0%: shrinking)	+5.56% (above 0%: growing)	−0.62% (below 0%: shrinking)	60.26%	27.66%	Compare
AGCC Agencia Comercial Spirits Ltd	$864.5M	—	—	—	—	—	—	—	Compare
MGPI MGP Ingredients, Inc.	$329.8M	— (loss-making)	— (loss-making)	−14.53% (below 0%: shrinking)	−17.91% (below 0%: shrinking)	−9,268.76% (below 0%: shrinking)	37.37%	14.19%	Compare
SNDL SNDL Inc.	$297.8M	— (loss-making)	— (loss-making)	−3.77% (below 0%: shrinking)	n/m	−15.78% (below 0%: shrinking)	23.90%	(2.67%)
WVVI Willamette Valley Vineyards, Inc.	$10.0M	— (loss-making)	— (loss-making)	−1.56% (below 0%: shrinking)	n/m	+54.68% (above 0%: growing)	57.53%	(13.49%)	Compare
IBG Innovation Beverage Group Limited	$3.6M	—	—	—	n/m	—	70.21%	(49.22%)	Compare
EPSM Epsium Enterprise Limited	$2.8M	—	—	—	—	−271.23% (below 0%: shrinking)	—	—	Compare
YHC LQR House Inc.	$2.5M	0.0×	— (loss-making)	−30.59% (below 0%: shrinking)	n/m	+5.45% (above 0%: growing)	13.27%	(351.79%)	Compare
Median of peers	$169.9M	18.6×	—	−1.56%	+5.56%	−0.62%	58.90%	0.35%

All 11 Beverages Wineries & Distilleries stocks →

SNDL Inc. (SNDL) key facts

Strength: SNDL Inc.’s revenue for fiscal 2025 (year ended December 2025) was $677.3 million, up 0.83% from fiscal 2024.
SNDL Inc. (SNDL) is a Beverages Wineries & Distilleries company in the Consumer Defensive sector, listed on Nasdaq.
As of October 16, 2026, SNDL traded at $1.26, a market capitalization of $297.8 million.
Return on equity was −1.40% and debt-to-equity 0.12.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.17 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.