Trulieve Q2 revenue falls 10% to $271 million on $406 million net loss
Trulieve reported second quarter 2026 revenue of $271 million, down 10% from $302 million a year earlier, and a GAAP net loss attributable to common shareholders of $406 million, or $2.10 per share. The loss was driven mainly by a $403.3 million loss on the deconsolidation of Harvest, completed June 3, 2026, while adjusted net income of $20 million ($0.11 per share) compared with an adjusted net loss of $8 million a year earlier.
Key points
- Revenue of $271 million, down 10% from $302 million in Q2 2025 and down 6% from $287 million in Q1 2026
- Net loss attributable to common shareholders of $406 million ($2.10 per share), including a $403.3 million loss on the Harvest deconsolidation
- Adjusted net income of $20 million ($0.11 per share) versus an adjusted net loss of $8 million in Q2 2025; adjusted EBITDA of $98 million, down 11% from $111 million
- Cash and cash equivalents of $325.4 million at June 30, 2026
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.