SNDL Inc. (SNDL)

SNDL Inc. Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	946.4	920.45	909.01	712.2	56.13
Revenue Growth (YoY)	2.82%	1.26%	27.63%	1168.88%	-7.86%
Cost of Revenue	687.75	680.12	718.59	571.82	65.13
Gross Profit	258.65	240.33	190.42	140.38	-9
Selling, General & Admin	196.73	199.25	214.77	148.59	43.09
Research & Development	0.49	0.35	0.32	2.45	2.45
Operating Expenses	263.07	273.88	290.71	201.65	63.13
Operating Income	-4.42	-33.55	-100.3	-61.27	-72.13
Interest Expense	-7.52	-7.7	-7.92	-5.9	-0.78
Interest & Investment Income	8.43	16.31	6.12	17.62	13.72
Earnings From Equity Investments	-3.61	-65.46	6.76	-43	32.91
Currency Exchange Gain (Loss)	-1.11	-0.58	-0.37	-0.02	0.53
Other Non Operating Income (Expenses)	0.24	4.72	5.62	10.58	-95.69
EBT Excluding Unusual Items	-7.99	-86.25	-90.09	-82	-121.42
Merger & Restructuring Charges	-8.09	-6.55	-23.29	-7.13	-2.77
Impairment of Goodwill	-	-	-29	-156.17	-
Gain (Loss) on Sale of Investments	-	-0.58	-3.32	-101.25	-47.8
Gain (Loss) on Sale of Assets	-0.18	-0.37	-0.35	-0.09	0.24
Asset Writedown	0.48	-17.32	-25.97	-39.86	-60
Legal Settlements	-	-	-	6.45	-
Other Unusual Items	-	5.46	-	0.29	-2.94
Pretax Income	-15.77	-105.61	-172.02	-379.77	-234.7
Income Tax Expense	-	-9.41	-	-7.34	-7.91
Earnings From Continuing Operations	-15.77	-96.2	-172.02	-372.43	-226.78
Earnings From Discontinued Operations	-	-	-4.54	-	-
Net Income to Company	-15.77	-96.2	-176.55	-372.43	-226.78
Minority Interest in Earnings	-	1.41	3.89	37.31	-0.2
Net Income	-15.77	-94.8	-172.66	-335.11	-226.98
Net Income to Common	-15.77	-94.8	-172.66	-335.11	-226.98
Shares Outstanding (Basic)	258	264	259	230	186
Shares Outstanding (Diluted)	258	264	259	230	186
Shares Change (YoY)	-2.33%	1.86%	12.83%	23.56%	750.85%
EPS (Basic)	-0.06	-0.36	-0.67	-1.46	-1.22
EPS (Diluted)	-0.06	-0.36	-0.67	-1.46	-1.22
Free Cash Flow	58.11	46.3	-24.49	-17.38	-159.55
Free Cash Flow Per Share	0.23	0.17	-0.09	-0.08	-0.86
Gross Margin	27.33%	26.11%	20.95%	19.71%	-16.04%
Operating Margin	-0.47%	-3.65%	-11.03%	-8.60%	-128.50%
Profit Margin	-1.67%	-10.30%	-18.99%	-47.05%	-404.40%
Free Cash Flow Margin	6.14%	5.03%	-2.69%	-2.44%	-284.25%
EBITDA	18.94	-9.13	-68.88	-39.86	-62.86
EBITDA Margin	2.00%	-0.99%	-7.58%	-5.60%	-111.99%
D&A For EBITDA	23.36	24.42	31.42	21.42	9.27
EBIT	-4.42	-33.55	-100.3	-61.27	-72.13
EBIT Margin	-0.47%	-3.65%	-11.03%	-8.60%	-128.50%
Revenue as Reported	-	-	-	712.2	56.13

Updated Mar 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q