secwatch.observer — SEC 8-K summary
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Issuer:     Trulieve Cannabis Corp. (TCNNF)
CIK:        0001754195
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001754195-26-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trulieve reports FY2025 revenue $1.2B, 60% gross margin, record operating cash flow $273M
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- Record FY2025 revenue $1.2B; 60% gross margin; adjusted EBITDA $427M (36% of revenue).
- Record cash flow from operations $273M; free cash flow $229M; cash $256M at year-end.
- Redeemed $368M of 2026 senior secured notes; closed $140M private placement of notes due 2030.
- Grew to 233 dispensaries, 915K rewards members; sold 50.1M branded units (+5% YoY).
- Net loss $116M; adjusted net loss $27M; conditional Texas Dispensing Organization license approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754195/000175419526000017/0001754195-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754195/000175419526000017/tcnnf-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001754195-26-000017

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