Trulieve Cannabis Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	352.88	255.54	238.8	201.37	207.19	230.09
Short-Term Investments	-	-	60.39	-	-	9.65
Cash & Short-Term Investments	352.88	255.54	299.2	201.37	207.19	239.74
Cash Growth	7.44%	-14.59%	48.58%	-2.81%	-13.58%	61.43%
Accounts Receivable	14.05	10.5	8.29	6.7	6.51	8.6
Other Receivables	6.75	8.46	10.01	-	0.1	9.81
Receivables	22.13	20.2	23.05	12.94	7.34	19.94
Inventory	242.32	242.3	231.37	213.12	276.51	209.94
Prepaid Expenses	21.12	18.33	22.96	17.62	11.03	27.78
Restricted Cash	-	-	0.91	6.61	6.61	3.01
Other Current Assets	14.51	26.36	27.08	25.69	84.88	24.53
Total Current Assets	652.96	562.72	604.56	477.35	593.54	524.93
Property, Plant & Equipment	851.97	838.74	899.98	830.8	912.68	957.9
Goodwill	483.91	483.91	483.91	483.91	791.5	765.36
Other Intangible Assets	780.75	798.37	859.48	917.19	984.8	1,081
Other Long-Term Assets	11.91	11.93	21.82	12.39	105.9	69.81
Total Assets	2,782	2,696	2,870	2,729	3,400	3,411
Accounts Payable	78.93	26.78	20.23	28.25	15.86	14.34
Accrued Expenses	-	41.89	65.24	49	59.86	72.14
Short-Term Debt	-	-	-	-	5.5	-
Current Portion of Long-Term Debt	4.15	4.08	3.41	3.76	6.95	10.05
Current Portion of Leases	27.02	26.16	23.59	19.17	19.75	17.2
Current Income Taxes Payable	-	-	-	-	49.62	28.08
Current Unearned Revenue	9.95	9.59	8.03	1.34	9.46	7.21
Other Current Liabilities	4.1	18.44	18.01	13.34	43.3	20.44
Total Current Liabilities	124.16	126.95	138.49	114.85	210.3	169.45
Long-Term Debt	286.84	229.21	477.79	481.41	638.45	469.39
Long-Term Leases	311.78	305.81	320.69	290.57	306.94	348.01
Long-Term Deferred Tax Liabilities	169.78	177.99	196.55	206.96	224.9	241.88
Other Long-Term Liabilities	740.06	713.14	487.72	226.65	92.11	35.28
Total Liabilities	1,633	1,553	1,621	1,320	1,473	1,264
Additional Paid-In Capital	2,077	2,073	2,057	2,055	2,045	2,008
Retained Earnings	-909.72	-912.13	-795.74	-640.64	-113.84	137.72
Total Common Equity	1,168	1,161	1,261	1,414	1,931	2,146
Minority Interest	-18.45	-18.22	-12.26	-5.86	-3.46	1.55
Shareholders' Equity	1,149	1,143	1,249	1,409	1,928	2,147
Total Liabilities & Equity	2,782	2,696	2,870	2,729	3,400	3,411
Total Debt	629.79	565.25	825.47	794.91	977.59	844.65
Net Cash (Debt)	-276.91	-309.72	-526.27	-593.54	-770.41	-604.91
Net Cash Per Share	-1.44	-1.62	-2.77	-3.14	-4.10	-4.12
Filing Date Shares Outstanding	192.31	192.31	191.01	186.28	185.99	184.18
Total Common Shares Outstanding	192.31	192.31	191.01	186.24	185.99	180.5
Working Capital	528.8	435.77	466.07	362.5	383.25	355.48
Book Value Per Share	6.07	6.04	6.60	7.60	10.38	11.89
Tangible Book Value	-96.88	-121.04	-82.1	13.38	154.87	299.22
Tangible Book Value Per Share	-0.50	-0.63	-0.43	0.07	0.83	1.66
Land	-	23.26	23.16	26.7	38.49	32.9
Buildings	-	597.04	573.48	528.17	497.49	434.76
Machinery	-	330.09	302.35	292.94	278	141.18
Construction In Progress	-	66.44	88.11	28.02	55.15	234.17

Source: S&P Global Market Intelligence. Standard template. Financial Sources.