earnings
confidence high
sentiment neutral
materiality 0.60
Trulieve Q1 revenue $298M, gross margin 62%, adjusted EBITDA $109M
Trulieve Cannabis Corp.
2025-Q1 EPS reported
-$0.16
revenue$297,760,000
- Q1 revenue of $298M, slightly up YoY; 95% from retail sales.
- GAAP gross margin improved to 62% from 58%; gross profit of $183M.
- Net loss attributable to common shareholders $33M; adjusted net loss $3M.
- Adjusted EBITDA of $109M (37% of revenue), up 3% YoY; operating cash flow $51M.
- Opened 6 dispensaries in AZ, FL, OH; launched Onward THC beverage.