SNDL Inc. (SNDL)
NASDAQ: SNDL · Real-Time Price · USD
1.350
-0.040 (-2.88%)
At close: Mar 20, 2026, 4:00 PM EDT
1.357
+0.007 (0.53%)
After-hours: Mar 20, 2026, 7:56 PM EDT
SNDL Inc. Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
| 252.5 | 244.22 | 244.77 | 204.91 | 257.68 | 236.89 | 228.13 | 197.75 | 248.45 | 237.6 | 231.92 | 191.05 | 240.41 | 230.5 | 223.7 | 17.6 | 22.72 | 14.37 | 9.15 | 9.89 | |
Revenue Growth (YoY) | -2.01% | 3.09% | 7.29% | 3.62% | 3.72% | -0.30% | -1.63% | 3.51% | 3.35% | 3.08% | 3.67% | 985.67% | 958.17% | 1504.37% | 2344.49% | 77.91% | 64.00% | 11.68% | -54.68% | -29.38% |
Cost of Revenue | 182.27 | 180.04 | 177.17 | 148.27 | 188.88 | 173.92 | 169.96 | 147.35 | 191.11 | 188.99 | 179.98 | 158.5 | 196.84 | 180.19 | 180.62 | 14.18 | 27.23 | 12.59 | 11.97 | 13.34 |
Gross Profit | 70.23 | 64.18 | 67.6 | 56.64 | 68.8 | 62.97 | 58.16 | 50.4 | 57.34 | 48.61 | 51.93 | 32.54 | 43.57 | 50.31 | 43.08 | 3.42 | -4.51 | 1.78 | -2.82 | -3.45 |
Selling, General & Admin | 48.26 | 49.58 | 48.76 | 50.13 | 47.69 | 52.79 | 51.48 | 47.29 | 54.47 | 51.51 | 56.83 | 51.96 | 46.42 | 46.95 | 43.43 | 11.79 | 12.81 | 10.83 | 11.4 | 8.04 |
Research & Development | 0.14 | 0.16 | 0.1 | 0.1 | 0.12 | 0.08 | 0.11 | 0.04 | 0.11 | 0.06 | 0.02 | 0.14 | 0.46 | 1.5 | 0.39 | 0.1 | 0.74 | 0.71 | 0.76 | 0.24 |
Operating Expenses | 59.98 | 73.55 | 64.7 | 64.84 | 65.62 | 71.96 | 69.99 | 66.32 | 73.27 | 72.48 | 74.19 | 70.78 | 71.46 | 60.3 | 53.05 | 16.83 | 16.66 | 16.04 | 17.63 | 12.79 |
Operating Income | 10.25 | -9.37 | 2.9 | -8.2 | 3.18 | -8.99 | -11.82 | -15.92 | -15.93 | -23.88 | -22.25 | -38.24 | -27.89 | -10 | -9.97 | -13.41 | -21.17 | -14.26 | -20.45 | -16.24 |
Interest Expense | -1.96 | -1.94 | -1.8 | -1.83 | -1.91 | -1.9 | -1.93 | -1.95 | -2.01 | -1.68 | -2.29 | -1.95 | - | -4.09 | -3.93 | -0.34 | -0.11 | -0.63 | -0.02 | -0.02 |
Interest & Investment Income | 1.79 | 1.93 | 1.68 | 3.02 | 2.92 | 5.77 | 3.39 | 4.23 | 3.61 | 3.63 | 0.22 | 0.22 | 8.7 | 4.54 | 2.7 | 4.14 | 3.73 | 3.8 | 5.71 | 15.75 |
Earnings From Equity Investments | 0.78 | -0.23 | 0.3 | -4.46 | -66.46 | -13.4 | 5.25 | 9.15 | -8.4 | 6.58 | -0.94 | 9.52 | -18.29 | 9.18 | -37.98 | 4.09 | 19.27 | 9.92 | 3.72 | - |
Currency Exchange Gain (Loss) | -0.75 | 0.01 | - | -0.2 | -0.02 | -0.16 | - | -0.21 | 0.06 | -0.24 | -0.17 | -0.16 | -0.12 | 0.09 | 0.16 | -0.15 | -0.18 | 1.36 | -0.21 | -0.44 |
Other Non Operating Income (Expenses) | 1.83 | -0.49 | -0.16 | -0.79 | 2.45 | 2.47 | 1.76 | -1.31 | 3.99 | -3.69 | 2.09 | 2.68 | 2.82 | -8.36 | 23.26 | -8.16 | 2.06 | 18.82 | 18.98 | -135.55 |
EBT Excluding Unusual Items | 11.95 | -10.1 | 2.94 | -12.46 | -59.83 | -16.21 | -3.35 | -6 | -18.68 | -19.27 | -23.36 | -27.93 | -34.79 | -8.64 | -25.76 | -13.83 | 3.6 | 19.02 | 7.74 | -136.51 |
Merger & Restructuring Charges | 0.4 | -1.54 | -1.15 | -0.33 | -4.5 | -1.92 | -1.08 | 0.09 | -16.31 | -0.71 | -4.04 | -1.54 | -8.01 | -0.42 | 8.82 | -6.5 | -2.77 | - | - | - |
Impairment of Goodwill | - | - | - | - | - | - | - | - | -29 | - | - | - | -156.17 | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | -0.58 | - | 0.36 | -0.05 | -0.86 | -4.33 | -15.97 | -10.2 | -57.38 | -17.71 | -45.06 | -18.01 | - | - |
Gain (Loss) on Sale of Assets | -0.24 | -0.03 | 0.03 | 0.06 | 0.07 | -0.04 | -0.33 | -0.08 | -0.08 | -0.01 | -0.08 | -0.18 | -0.5 | 0.01 | 0.4 | - | 0.37 | - | -0.02 | -0.12 |
Asset Writedown | -2.75 | -1.65 | 1.06 | -1.98 | -15 | 0.26 | -0.92 | -1.66 | -21.72 | -1.78 | -1.66 | -0.81 | 48.51 | -86.52 | -1.85 | - | - | - | -60 | - |
Legal Settlements | - | - | - | - | - | - | - | - | - | - | - | - | 6.45 | - | - | - | - | - | - | - |
Other Unusual Items | - | - | - | - | 5.46 | - | - | - | - | - | - | - | 0.29 | - | - | - | -5.12 | - | - | 2.18 |
Pretax Income | 9.37 | -13.32 | 2.89 | -14.71 | -73.81 | -17.9 | -6.25 | -7.65 | -85.42 | -21.83 | -29.99 | -34.78 | -160.2 | -105.77 | -75.76 | -38.04 | -48.97 | 1.01 | -52.29 | -134.45 |
Income Tax Expense | - | - | - | - | -6.56 | 1.43 | -1.28 | -3 | - | - | - | - | 1.38 | -6.93 | -1.79 | - | 7.79 | -15.7 | - | - |
Earnings From Continuing Operations | 9.37 | -13.32 | 2.89 | -14.71 | -67.25 | -19.34 | -4.97 | -4.65 | -85.42 | -21.83 | -29.99 | -34.78 | -161.57 | -98.84 | -73.97 | -38.04 | -56.76 | 16.71 | -52.29 | -134.45 |
Earnings From Discontinued Operations | - | - | - | - | - | - | - | - | - | - | -3.17 | -1.37 | - | - | - | - | - | - | - | - |
Net Income to Company | 9.37 | -13.32 | 2.89 | -14.71 | -67.25 | -19.34 | -4.97 | -4.65 | -85.42 | -21.83 | -33.16 | -36.14 | -161.57 | -98.84 | -73.97 | -38.04 | -56.76 | 16.71 | -52.29 | -134.45 |
Minority Interest in Earnings | - | - | - | - | 0.11 | 0.01 | -0.81 | 2.1 | 2.64 | 0.04 | 0.64 | 0.58 | 35.77 | 0.74 | 0.67 | 0.14 | -0.23 | - | - | 0.03 |
Net Income | 9.37 | -13.32 | 2.89 | -14.71 | -67.14 | -19.33 | -5.77 | -2.55 | -82.79 | -21.78 | -32.52 | -35.57 | -125.8 | -98.11 | -73.3 | -37.9 | -56.99 | 16.71 | -52.29 | -134.42 |
Net Income to Common | 9.37 | -13.32 | 2.89 | -14.71 | -67.14 | -19.33 | -5.77 | -2.55 | -82.79 | -21.78 | -32.52 | -35.57 | -125.8 | -98.11 | -73.3 | -37.9 | -56.99 | 16.71 | -52.29 | -134.42 |
Shares Outstanding (Basic) | 258 | 257 | 257 | 259 | 265 | 265 | 264 | 263 | 261 | 260 | 260 | 256 | 237 | 238 | 238 | 206 | 206 | 205 | 189 | 144 |
Shares Outstanding (Diluted) | 258 | 257 | 257 | 259 | 265 | 265 | 264 | 263 | 261 | 260 | 260 | 256 | 237 | 238 | 238 | 206 | 206 | 206 | 189 | 144 |
Shares Change (YoY) | -2.42% | -2.93% | -2.47% | -1.46% | 1.38% | 1.81% | 1.39% | 2.90% | 10.31% | 9.54% | 9.14% | 23.97% | 15.02% | 15.60% | 26.36% | 43.20% | 291.25% | 1431.87% | 1669.99% | 1241.41% |
EPS (Basic) | 0.04 | -0.05 | 0.01 | -0.06 | -0.25 | -0.07 | -0.02 | -0.01 | -0.32 | -0.08 | -0.12 | -0.14 | -0.53 | -0.41 | -0.31 | -0.18 | -0.28 | 0.08 | -0.28 | -0.93 |
EPS (Diluted) | 0.04 | -0.05 | 0.01 | -0.06 | -0.25 | -0.07 | -0.02 | -0.01 | -0.32 | -0.08 | -0.12 | -0.14 | -0.53 | -0.41 | -0.31 | -0.18 | -0.28 | 0.08 | -0.28 | -0.93 |
Free Cash Flow | 21.35 | 26.52 | 4.04 | 6.2 | 20.81 | 21.09 | 3.51 | 0.83 | 11.29 | 24.5 | -10.09 | -50.19 | 24.6 | 6.45 | -21.43 | -27 | 4.35 | -57.29 | -72.13 | -34.49 |
Free Cash Flow Per Share | 0.08 | 0.10 | 0.02 | 0.02 | 0.08 | 0.08 | 0.01 | 0.00 | 0.04 | 0.09 | -0.04 | -0.20 | 0.10 | 0.03 | -0.09 | -0.13 | 0.02 | -0.28 | -0.38 | -0.24 |
Gross Margin | 27.81% | 26.28% | 27.62% | 27.64% | 26.70% | 26.58% | 25.50% | 25.49% | 23.08% | 20.46% | 22.39% | 17.03% | 18.12% | 21.83% | 19.26% | 19.43% | -19.85% | 12.40% | -30.83% | -34.90% |
Operating Margin | 4.06% | -3.84% | 1.19% | -4.00% | 1.23% | -3.80% | -5.18% | -8.05% | -6.41% | -10.05% | -9.60% | -20.01% | -11.60% | -4.34% | -4.46% | -76.22% | -93.19% | -99.26% | -223.47% | -164.23% |
Profit Margin | 3.71% | -5.45% | 1.18% | -7.18% | -26.06% | -8.16% | -2.53% | -1.29% | -33.32% | -9.17% | -14.02% | -18.62% | -52.33% | -42.56% | -32.77% | -215.40% | -250.84% | 116.29% | -571.38% | -1358.97% |
Free Cash Flow Margin | 8.46% | 10.86% | 1.65% | 3.03% | 8.08% | 8.90% | 1.54% | 0.42% | 4.54% | 10.31% | -4.35% | -26.27% | 10.23% | 2.80% | -9.58% | -153.44% | 19.16% | -398.74% | -788.19% | -348.65% |
EBITDA | 19.07 | 4.6 | 16.85 | -2.16 | 10.74 | 4.98 | 2.32 | -1.35 | -4.49 | -7.27 | -7.58 | -19.98 | -15.37 | 1.3 | 0.56 | -10.97 | -20.35 | -10.59 | -18.09 | -13.84 |
EBITDA Margin | 7.55% | 1.88% | 6.88% | -1.05% | 4.17% | 2.10% | 1.02% | -0.68% | -1.81% | -3.06% | -3.27% | -10.46% | -6.39% | 0.56% | 0.25% | -62.36% | -89.57% | -73.70% | -197.64% | -139.89% |
D&A For EBITDA | 8.82 | 13.97 | 13.95 | 6.05 | 7.56 | 13.97 | 14.14 | 14.57 | 11.44 | 16.6 | 14.67 | 18.26 | 12.53 | 11.29 | 10.54 | 2.44 | 0.82 | 3.67 | 2.36 | 2.41 |
EBIT | 10.25 | -9.37 | 2.9 | -8.2 | 3.18 | -8.99 | -11.82 | -15.92 | -15.93 | -23.88 | -22.25 | -38.24 | -27.89 | -10 | -9.97 | -13.41 | -21.17 | -14.26 | -20.45 | -16.24 |
EBIT Margin | 4.06% | -3.84% | 1.19% | -4.00% | 1.23% | -3.80% | -5.18% | -8.05% | -6.41% | -10.05% | -9.60% | -20.01% | -11.60% | -4.34% | -4.46% | -76.22% | -93.19% | -99.26% | -223.47% | -164.23% |
Revenue as Reported | - | - | - | - | - | - | - | - | - | - | - | - | 240.41 | 230.5 | 223.7 | 17.6 | 22.72 | 14.37 | 9.15 | 9.89 |
Updated Mar 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.