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

11.07 0.53 −4.57%
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) Shares outstanding

Alert me on Shares outstanding

Trulieve Cannabis Corp.'s shares outstanding at the end of fiscal 2025 was $191.3M, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $200.6M. Over the past ten years it has ranged from $118.3M (fiscal 2020) to $191.3M (fiscal 2025) — the current reading is the highest in ten years. Trulieve Cannabis Corp. ranks 17th of 81 Drug Manufacturers Specialty & Generic companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $191.3M 0.70%
FY2024 $190.0M 0.54%
FY2023 $189.0M 0.52%
FY2022 $188.0M 28.10%
FY2021 $146.8M 24.03%
FY2020 $118.3M —

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $200.6M 4.10%
Jun 2026 $192.7M (2.55%)
Mar 2026 $197.8M 3.37%
Dec 2025 $191.3M 0.02%
19 more quarters

Against its own ten years

Low $118.3M High $191.3M
Ten-year median $188.5M
Current reading's percentile 100

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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