SuperworthTrulieve Cannabis profit margin TRLV
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- −41.3%
- Operating margin, 12 months
- −24.3%
- Net margin on a year earlier
- −27.1 pts
- Peer median
- 6.1%
Over the twelve months to Jun 30, 2026, Trulieve Cannabis kept −41.3% of its revenue as net profit, with an operating margin of −24.3% and a gross margin of 59.5%.
Five years earlier its net margin was 12.8%.
The median for 10 chemicals stocks of a similar size is 6.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −9.9% | 12.1% | 60.2% |
| FY2024 | −13.1% | 8.2% | 60.3% |
| FY2023 | −46.8% | −19.6% | 52.1% |
| FY2022 | −20.2% | 3.9% | 56.1% |
| FY2021 | 1.9% | 21.0% | 60.3% |
| FY2020 | 12.1% | 41.9% | 74.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −41.3% | −27.1 pts | −24.3% | |
| Q1 FY26 | −6.9% | +7.0 pts | 12.5% | |
| Q4 FY25 | −9.9% | +3.2 pts | 12.1% | |
| Q3 FY25 | −11.3% | −0.4 pts | 10.9% | |
| Q2 FY25 | −14.2% | −6.2 pts | 7.4% | |
| Q1 FY25 | −13.8% | +28.9 pts | 7.2% | |
| Q4 FY24 | −13.1% | +33.7 pts | 8.2% | |
| Q3 FY24 | −11.0% | +39.5 pts | 10.7% | |
| Q2 FY24 | −8.0% | +49.3 pts | 12.8% | |
| Q1 FY24 | −42.7% | −19.1 pts | −16.9% | |
| Q4 FY23 | −46.8% | −26.5 pts | −19.6% | |
| Q3 FY23 | −50.5% | −30.9 pts | −21.5% |
Against its peers
Companies in Chemicals nearest Trulieve Cannabis' size, closest first, today.
| Company | Profit margin |
|---|---|
| TRLVTrulieve Cannabis | −41.3% |
| ROGRogers | 3.7% |
| NGVTIngevity | 4.7% |
| IOSPInnospec | 6.6% |
| FULFuller H B | 5.6% |
| WDFCWD 40 | 13.2% |
| CRONCronos | 39.1% |
| AVNTAvient | 5.1% |
| CBTCabot | 5.2% |
| FTKFlotek Industries | 13.0% |
| CSWCSW Industrials | 10.3% |
| Peer median | 6.1% |
Where Trulieve Cannabis ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Trulieve Cannabis
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.