Trulieve Cannabis Corp.

TRLV Healthcare Drug Manufacturers Specialty & Generic

Trulieve Cannabis Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, roughly unchanged from fiscal 2024.

Revenue
−20.1%
EPS
−2,391.1%
Free cash flow
+24.5%
Total debt
−37.0%

Quarter to September 2026, against a year earlier

11.04 0.14 +1.28%
Market cap
$2.1B
P/E
0.0×
Fwd P/E
−5.6×
Dividend yield
—
F-score
6/9
Altman Z
0.98
Beneish M
−2.99
Dividend safety
n/a

Trulieve Cannabis Corp. (TRLV) Gross margin

Alert me on Gross margin

Trulieve Cannabis Corp.'s gross margin over the twelve months to 30 September 2026 was 60.6%, up 0.4 percentage points from fiscal 2025 (60.2%). Over the past ten years it has ranged from 52.1% (fiscal 2023) to 74.1% (fiscal 2020); the current reading is higher than 50% of that period. That is above the Drug Manufacturers Specialty & Generic industry median of 53.5% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 60.2% (0.11)
FY2024 60.3% 8.19
FY2023 52.1% (4.44)
FY2022 56.6% (4.23)
FY2021 60.8% (13.29)
FY2020 74.1% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 64.3% 4.40
Jun 2026 59.9% 0.59
Mar 2026 59.3% (0.44)
Dec 2025 59.8% 0.81
19 more quarters

Against its own ten years

Low 52.1% High 74.1%
Ten-year median 60.3%
Current reading's percentile 80

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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