Flagship explainer
How TRULIEVE CANNABIS CORP. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $1.2B | 100% |
| |
| Cost of revenue | $470M | 40% |
|
| $711M | 60% |
| |
| $143M | 12% |
| |
| Income before tax | $91.5M | 8% |
|
| Income tax | $208M | 18% |
|
| −$122M | −10% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001754195-26-000019