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Trulieve Cannabis Corp. revenue

Trulieve Cannabis Corp.'s revenue was $1.18bn in fiscal 2025, down 0.4% on the year before. Since fiscal 2019 ($253m) it has grown at a compound 29.3% a year. Over the last twelve months it was $1.14bn.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Trulieve Cannabis Corp.: revenue history, annual
Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2535229321,2181,1291,1861,1811,139
Growth on the year before—+106.3%+78.7%+30.7%−7.3%+5.1%−0.4%—
Gross profit192386567689589716711677
Gross margin75.9%74.1%60.8%56.6%52.1%60.3%60.2%59.5%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Retail $1.1B 94.0% ▼ 1.6%
Wholesale and Other $70.7M 6.0% ▲ 22.8%

From Trulieve Cannabis Corp.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Pharmaceuticals: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Trulieve Cannabis Corp. $1.14bn -3.9% -0.6%
Prestige Consumer Healthcare Inc. $1.10bn -1.4% -0.7%
ANI Pharmaceuticals Inc $978m 30.9% 34.6%
Harmony Biosciences Holdings, Inc. $960m 24.3% 24.4%
Indivior Pharmaceuticals, Inc. $1.37bn 16.3% —
Axsome Therapeutics, Inc. $865m 54.2% 57.0%

Compare with peers

Head to head: PBH vs TRLVANIP vs TRLVHRMY vs TRLVINDV vs TRLV

More: Pharmaceuticals stocks compared, Health Care sector, rankings of US companies

Figures from Trulieve Cannabis Corp.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Trulieve Cannabis Corp.