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Trulieve Cannabis Corp. (TRLV) stock

TRLVNYSEMedicinal Chemicals & Botanical ProductsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 4/3010% below fair value
$10.90−0.25 (-2.24%)

Close on Nov 13, 2026Market cap $2.10BP/E –Yield –

Trulieve Cannabis operating margin

Operating margin is operating income as a percentage of revenue.

Trulieve Cannabis's operating margin for the twelve months ending Sep 30, 2026 was -25.6%. For fiscal 2025 it was 12.1%, against 8.2% the year before. The highest annual figure on record is 44.8% in fiscal 2019.

Annual operating margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 202512.1%+3.9
FY2024Dec 31, 20248.2%+27.9
FY2023Dec 31, 2023-19.6%−23.7
FY2022Dec 31, 20224.1%−17.8
FY2021Dec 31, 202121.9%−20.0
FY2020Dec 31, 202041.9%−2.9
FY2019Dec 31, 201944.8%–

Quarterly operating margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q3 FY2026Sep 30, 202618.5%+3.8
Q2 FY2026Jun 30, 2026-136.7%−154.2
Q1 FY2026Mar 31, 202612.5%+1.3
Q4 FY2025Dec 31, 20255.2%+4.8
Q3 FY2025Sep 30, 202514.7%+14.4
Q2 FY2025Jun 30, 202517.4%+1.0
Q1 FY2025Mar 31, 202511.2%−4.3
Q4 FY2024Dec 31, 20240.4%−9.7
Q3 FY2024Sep 30, 20240.2%−8.3
Q2 FY2024Jun 30, 202416.4%+119.8
Q1 FY2024Mar 31, 202415.5%+9.5
Q4 FY2023Dec 31, 202310.2%+8.4
Q3 FY2023Sep 30, 20238.5%+17.7
Q2 FY2023Jun 30, 2023-103.4%−116.6
Q1 FY2023Mar 31, 20236.0%−3.2
Q4 FY2022Dec 31, 20221.7%+5.5
Q3 FY2022Sep 30, 2022-9.3%−38.8
Q2 FY2022Jun 30, 202213.2%−22.3
Q1 FY2022Mar 31, 20229.2%−28.3
Q4 FY2021Dec 31, 2021-3.7%−41.6
Q3 FY2021Sep 30, 202129.6%−14.1
Q2 FY2021Jun 30, 202135.5%−8.0
Q1 FY2021Mar 31, 202137.4%−6.8
Q4 FY2020Dec 31, 202037.9%–
Q3 FY2020Sep 30, 202043.6%–
Q2 FY2020Jun 30, 202043.5%–
Q1 FY2020Mar 31, 202044.3%–

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