Jun 2026 (Q2 FY26) — Aug 7, 2026
Trulieve Cannabis Corp. Q2 FY26 — Federal Rescheduling and Strategic Market Expansion Drive Growth
Read the full callTrulieve Cannabis earnings: last reported Fri, 7 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 271 | −10.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -136.8 | −154.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | Quarterly, as filed | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. |
Price
1Y: $8.17 on 14 Oct 2025 → $10.3. High $13 (8 Jun 2026), low $4.76 (19 Nov 2025).
Overview
Call summaries
Trulieve Cannabis Corp. Q2 FY26 — Federal Rescheduling and Strategic Market Expansion Drive Growth
Read the full callEvery analysed call
Financials
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 284 | 301 | 298 | 302 | 288 | 293 | 287 | 271 |
| Operating profit | 1 | 1 | 33 | 53 | 42 | 15 | 36 | -371 |
| Operating margin | 0.2% | 0.4% | 11.2% | 17.4% | 14.7% | 5.2% | 12.5% | −136.8% |
| Other income | -13 | -14 | -13 | -14 | -13 | -12 | -11 | -13 |
| Interest | 17 | 15 | 16 | 16 | 16 | 15 | 13 | 13 |
| Profit before tax | -13 | -13 | 20 | 39 | 29 | 3 | 25 | -383 |
| Tax rate | −369.1% | −368.7% | 258.1% | 140.7% | 181.0% | 1628.3% | 86.7% | −5.7% |
| Net profit | -62 | — | — | — | — | — | — | — |
| EPS ($ per share) | -0.32 | — | -0.16 | — | — | — | — | — |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | — | — | 0 | 0 | 0 | 0 |
| Reserves | — | 120 | 138 | -114 | -641 | -796 | -912 |
| Total liabilities | — | 362 | 1,263 | 1,473 | 1,320 | 1,621 | 1,553 |
| Fixed assets | — | 314 | 780 | 743 | 676 | 716 | 670 |
| Investments | — | — | — | — | 0 | 60 | 0 |
| Total assets | — | 810 | 3,411 | 3,400 | 2,729 | 2,870 | 2,696 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | 19 | 100 | 13 | 23 | 202 | 271 | 273 |
| Cash from investing | -95 | -175 | -215 | -215 | -37 | -207 | 14 |
| Cash from financing | 143 | 130 | 289 | 178 | -176 | -33 | -270 |
| Net cash flow | 67 | 55 | 87 | -14 | -11 | 31 | 16 |
| Capital expenditure | -72 | -100 | -276 | -165 | -40 | -123 | -44 |
| Free cash flow | -53 | -0 | -263 | -142 | 162 | 149 | 229 |
31 filings between Nov 4, 2025 and Jun 26, 2026.
Purchases
None
No insider bought shares.
Sales
$14.66M
7 sales by 1 insider
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 1 conversion.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Rivers Kim A. | — | $14.66M | Jun 26, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 26, 2026 | Rivers Kim A. Chairman and CEO | Sale 10b5-1 plan | 136,811 | $1.20M |
| Jun 25, 2026 | Rivers Kim A. Chairman and CEO | Sale 10b5-1 plan | 300,000 | $2.45M |
| Jun 24, 2026 | Rivers Kim A. Chairman and CEO | Sale 10b5-1 plan | 400,000 | $3.27M |
| Jun 23, 2026 | Rivers Kim A. Chairman and CEO | Sale 10b5-1 plan | 380,000 | $3.22M |
| Jun 22, 2026 | Rivers Kim A. Chairman and CEO | Sale 10b5-1 plan | 204,815 | $1.92M |
| Jun 18, 2026 | Rivers Kim A. Chairman and CEO | Sale 10b5-1 plan | 139,846 | $1.32M |
| Jun 17, 2026 | Rivers Kim A. Chairman and CEO | Sale 10b5-1 plan | 137,535 | $1.29M |
| Mar 13, 2026 | Landrum Kyle Chief Production Officer | Award | 58,594 | $0 |
| Mar 13, 2026 | Beshears Thad Director | Award | 23,438 | $0 |
| Mar 13, 2026 | Healy Peter Director | Award | 23,438 | $0 |
| Mar 13, 2026 | MILLNER THOMAS L Director | Award | 23,438 | $0 |
| Mar 13, 2026 | MORREAU JANE C Director | Award | 23,438 | $0 |
| Mar 13, 2026 | Thronson Susan Director | Award | 23,438 | $0 |
| Mar 13, 2026 | Foulston Matthew J. Director | Award | 23,438 | $0 |
| Mar 13, 2026 | Pernell Jason President | Award | 58,594 | $0 |
| Mar 13, 2026 | Powers Eric Chief Legal Officer | Award | 58,594 | $0 |
| Mar 13, 2026 | Rivers Kim A. Chairman and CEO | Award | 218,750 | $0 |
| Mar 13, 2026 | May Richard S. Director | Award | 23,438 | $0 |
| Mar 13, 2026 | Jhala Nilyum Chief Technology Officer | Award | 58,594 | $0 |
| Mar 13, 2026 | Reese Jan Chief Financial Officer | Award | 58,594 | $0 |
| Mar 13, 2026 | Hersey Christine Ann Chief Corp Affairs & Strategy | Award | 58,594 | $0 |
| Mar 13, 2026 | Walsh Brett R. Chief Accounting Officer | Award | 28,711 | $0 |
| Mar 3, 2026 | Rivers Kim A. Chairman and CEO | Conversion | 820,000 | $0 |
| Dec 1, 2025 | Pernell Jason President | Tax withheld | 7,009 | $37.8K |
| Dec 1, 2025 | Powers Eric Chief Legal Officer | Tax withheld | 18,206 | $98.1K |
| Dec 1, 2025 | Morey Timothy Chief Sales Officer | Tax withheld | 16,744 | $90.3K |
| Dec 1, 2025 | Landrum Kyle Chief Production Officer | Tax withheld | 18,359 | $99.0K |
| Dec 1, 2025 | Rivers Kim A. Chairman and CEO | Tax withheld | 63,237 | $340.8K |
| Dec 1, 2025 | Malivuk Joy Chief Accounting Officer | Tax withheld | 7,850 | $42.3K |
| Dec 1, 2025 | Jhala Nilyum Chief Technology Officer | Tax withheld | 18,041 | $97.2K |
| Nov 4, 2025 | Foulston Matthew J. Director | Award | 11,329 | $0 |
| Aug 12, 2025 | Rivers Kim A. Chairman and CEO | Award | 285,360 | $0 |
| Aug 12, 2025 | Morey Timothy Chief Sales Officer | Award | 86,849 | $0 |
| Aug 12, 2025 | Jhala Nilyum Chief Technology Officer | Award | 93,052 | $0 |
| Aug 12, 2025 | Landrum Kyle Chief Production Officer | Award | 93,052 | $0 |
| Aug 12, 2025 | Collins Gina Chief Marketing Officer | Award | 93,052 | $0 |
| Aug 12, 2025 | Malivuk Joy Chief Accounting Officer | Award | 43,424 | $0 |
| Aug 12, 2025 | Blust Ryan Interim CFO | Award | 46,922 | $0 |
| Aug 12, 2025 | Powers Eric Chief Legal Officer | Award | 93,052 | $0 |
| Aug 12, 2025 | Pernell Jason President | Award | 93,052 | $0 |
| Aug 12, 2025 | Beshears Thad Director | Award | 18,610 | $0 |
| Aug 12, 2025 | May Richard S. Director | Award | 18,610 | $0 |
| Aug 12, 2025 | MILLNER THOMAS L Director | Award | 18,610 | $0 |
| Aug 12, 2025 | Healy Peter Director | Award | 18,610 | $0 |
| Aug 12, 2025 | Thronson Susan Director | Award | 18,610 | $0 |
| Aug 12, 2025 | MORREAU JANE C Director | Award | 18,610 | $0 |
| Dec 29, 2024 | Collins Gina Chief Marketing Officer | Tax withheld | 1,063 | $5.1K |
| Dec 29, 2024 | Rivers Kim A. Chairman and CEO | Tax withheld | 12,823 | $61.3K |
| Dec 29, 2024 | Landrum Kyle Chief Production Officer | Tax withheld | 2,126 | $10.2K |
| Dec 29, 2024 | Jhala Nilyum Chief Technology Officer | Tax withheld | 2,126 | $10.2K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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