Trulieve Cannabis Corp. Income Statement
TRLV|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
Trulieve Cannabis Corp. reported $1.1B in revenue and $533M in net loss for FY2025. Revenue has grown at a 45.4% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.64 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $931.9M | $521.5M | $252.8M |
| Cost of Revenue | $540.6M | $529.1M | $365.4M | $135.1M | $61.0M |
| Gross Profit | $588.6M | $689.1M | $566.6M | $386.4M | $191.8M |
| SG&A Expense | $386.2M | $169.5M | $99.5M | $36.1M | $14.1M |
| Operating Income | -$221.6M | $50.2M | $204.1M | $218.3M | $113.3M |
| Interest Expense | - | - | $29.1M | $20.2M | $9.1M |
| Income Tax | $151.4M | $163.4M | $145.7M | $94.5M | $50.6M |
| Net Income | -$533.1M | -$252.7M | $17.4M | $63.0M | $53.1M |
| EPS (Basic) | -$2.28 | -$0.95 | $0.22 | $0.55 | $0.48 |
| EPS (Diluted) | -$2.28 | -$0.95 | $0.21 | $0.53 | $0.46 |
| Shares Outstanding | 191.0M | 186.2M | 186.0M | 180.5M | 119.6M |
| Gross Margin | 52.1% | 56.6% | 60.8% | 74.1% | 75.9% |
| Operating Margin | -19.6% | 4.1% | 21.9% | 41.9% | 44.8% |
| Profit Margin | -47.2% | -20.8% | 1.9% | 12.1% | 21.0% |