Trulieve Cannabis Corp.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
View on SEC.govAbout this filing
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FY2025 · Filed Feb 26, 2026
TRLV$11.01-4.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $1,181,180 | $1,186,490 | $1,129,193 |
| Cost of goods sold | 470,013 | 470,745 | 540,565 |
| Gross profit | 711,167 | 715,745 | 588,628 |
| Expenses: | |||
| Selling, general, and administrative | 445,212 | 510,451 | 386,162 |
| Depreciation and amortization | 117,633 | 112,806 | 109,825 |
| Impairment and other charges, net of (recoveries) | 4,827 | (5,292) | 6,664 |
| Impairment of goodwill | — | — | 307,590 |
| Total expenses | 567,672 | 617,965 | 810,241 |
| Income (loss) from operations | 143,495 | 97,780 | (221,613) |
| Other income (expense): | |||
| Interest expense, net | (63,453) | (62,193) | (81,569) |
| Interest income | 14,520 | 14,678 | 6,164 |
| (Loss) gain on debt extinguishments, net | (1,723) | — | 5,937 |
| Other (expense) income, net | (1,366) | (7,551) | 6,544 |
| Total other expense, net | (52,022) | (55,066) | (62,924) |
| Income (loss) before provision for income taxes | 91,473 | 42,714 | (284,537) |
| Provision for income taxes | 208,109 | 197,589 | 151,358 |
| Net loss from continuing operations | (116,636) | (154,875) | (435,895) |
| Net loss from discontinued operations, net of tax (provision) benefit of $(209), $0, and $4,101, respectively | (5,612) | (5,702) | (97,241) |
| Net loss | (122,248) | (160,577) | (533,136) |
| Less: net loss attributable to non-controlling interest from continuing operations | (5,867) | (5,472) | (5,147) |
| Less: net loss attributable to non-controlling interest from discontinued operations | — | — | (1,193) |
| Net loss attributable to common shareholders | $(116,381) | $(155,105) | $(526,796) |
| Earnings Per Share | |||
| Net loss per share - Continuing operations: | |||
| Basic and diluted | $(0.58) | $(0.79) | $(2.28) |
| Net loss per share - Discontinued operations: | |||
| Basic and diluted | $(0.03) | $(0.03) | $(0.51) |
| Weighted average number of common shares used in computing net loss per share: | |||
| Basic and diluted | 191,323,791 | 189,992,663 | 188,974,176 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.