---
schema_version: "secwatch.filing_event.v1"
accession: "0001754195-25-000064"
form_type: "8-K"
ticker: "TCNNF"
cik: "0001754195"
company_name: "Trulieve Cannabis Corp."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:20:56.090105+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Trulieve Q3 revenue $288M, gross margin 59%, adjusted EBITDA $103M

## Summary
- Revenue of $288M, 94% from retail; GAAP gross profit $170M (59% margin).
- Net loss attributable to common shareholders $27M; adjusted net loss $12M.
- Adjusted EBITDA $103M (36% of revenue), up 7% YoY; operating cash flow $77M, free cash flow $64M.
- Cash at quarter end $458M; added CFO Jan Reese and board member Matthew Foulston.
- Opened one dispensary in Cincinnati; loyalty program reached 820,000 members.

## SEC filing metadata
- accession: 0001754195-25-000064
- form_type: 8-K
- ticker: TCNNF
- cik: 0001754195
- company_name: Trulieve Cannabis Corp.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754195/000175419525000064/0001754195-25-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754195/000175419525000064/tcnnf-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001754195-25-000064
- JSON: https://secwatch.observer/filing/0001754195-25-000064.json
- Plain text: https://secwatch.observer/filing/0001754195-25-000064.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
