Trulieve Cannabis Corp. (TCNNF) Form 10-Q — Aug 7, 2026
Trulieve Cannabis reported Q2 2026 revenue of $271.0 million, down 10% year over year, and a net loss of $406.1 million versus a $16.1 million loss a year earlier, driven by a $403.3 million non-cash loss on the June 3, 2026 Deconsolidation Transaction that removed its former Harvest Enterprises subsidiary from consolidation. Six-month revenue was $557.7 million, down 7%, with a net loss of $403.8 million.
Key figures
- Revenue
- 270952000
- Total Debt
- approximately $415.4 million principal (private placement notes $200.0M, notes payable $94.6M, construction finance liabilities $120.8M)
- Revenue Yoy
- -10%
- Total Assets
- 2077435000
- Cash Position
- 325420000
- Shares Outstanding
- approximately 192.4 million subordinate voting and multiple voting shares as of June 30, 2026
- Dispensaries
- 206
- Gross Margin Q2
- 59.9%
- Adjusted EBITDAQ2
- 97996000
- Revenue Six Months
- 557706000
- Irs Proposed Penalties
- 38100000
- Adjusted EBITDASix Months
- 198418000
- Weighted Average Shares Q2
- 192714241
- Harvest Max Exposure To Loss
- 175400000
- Adjusted EBITDAQ2 Prior Year
- 110613000
- Operating Cash Flow Six Months
- 108847000
- Cultivation Processing Facilities
- 10
- Equity Method Investment In Harvest
- 152503000
- Uncertain Tax Position Liabilities
- 598187000
- Loss On Deconsolidation Transaction
- 403333000
- Total Debt Maturities Including Interest
- 605989000
- Accrued Interest On Uncertain Tax Positions
- 87000000
- Shares Sold Under CEO10b5 Plan First Tranche
- 1699007
- Harvest Retained Investment Fair Value At Deconsolidation
- 155792000
Price after filing
1 day: +3.7%7 days: +14.3%30 days: +43.5%
Close on the filing date to close N calendar days later (from $8.44). Historical, not a forecast.
AI analysis
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