SNDL Inc.
NASDAQ:SNDL
2.44 (USD) • At close September 4, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 244.769 | 204.914 | 257.679 | 236.892 | 228.127 | 197.75 | 248.45 | 237.595 | 244.511 | 202.452 | 240.405 | 230.5 | 223.695 | 17.597 | 22.719 | 14.367 | 9.151 | 9.891 | 13.853 | 12.865 | 20.194 | 23.037 | 21.55 | 33.512 | 19.299 | 1.499 | 0 | 1.721 | 0 | 0 |
| Cost of Revenue
| 177.168 | 148.273 | 188.88 | 173.924 | 169.963 | 147.35 | 191.114 | 188.99 | 192.578 | 169.911 | 196.837 | 180.191 | 180.616 | 14.178 | 25.218 | 12.585 | 11.972 | 13.343 | 18.548 | 32.409 | 35.331 | 30.813 | 17.23 | 18.841 | 0.029 | 0.006 | 6.361 | 1.291 | 0.366 | 0.271 |
| Gross Profit
| 67.601 | 56.641 | 68.799 | 62.968 | 58.164 | 50.4 | 57.336 | 48.605 | 51.933 | 32.541 | 43.568 | 50.309 | 43.079 | 3.419 | -2.499 | 1.782 | -2.821 | -3.452 | -4.695 | -19.544 | -15.137 | -7.776 | 4.32 | 14.671 | 19.27 | 1.493 | -6.361 | 0.43 | -0.366 | -0.271 |
| Gross Profit Ratio
| 0.276 | 0.276 | 0.267 | 0.266 | 0.255 | 0.255 | 0.231 | 0.205 | 0.212 | 0.161 | 0.181 | 0.218 | 0.193 | 0.194 | -0.11 | 0.124 | -0.308 | -0.349 | -0.339 | -1.519 | -0.75 | -0.338 | 0.2 | 0.438 | 0.998 | 0.996 | 0 | 0.25 | 0 | 0 |
| Reseach & Development Expenses
| 0.098 | 0.1 | 0.124 | 0.076 | 0.109 | 0.037 | 0.107 | 0.057 | 0.02 | 0.14 | 0.46 | 1.503 | 0.39 | 0.095 | 0.739 | 0.714 | 0.758 | 0.235 | 0.11 | 0.035 | 0.036 | 0.307 | 0.363 | 0.196 | 1.756 | 0.095 | 0.322 | 0.106 | 0.052 | 0.494 |
| General & Administrative Expenses
| 48.295 | 47.747 | 49.141 | 55.682 | 52.919 | 49.538 | 54.115 | 53.608 | 56.62 | 50.782 | 47.139 | 47.083 | 40.731 | 14.886 | 14.082 | 11.421 | 14.625 | 10.549 | 8.029 | 10.276 | 9.62 | 15.629 | 23.399 | 22.975 | 19.9 | 17.699 | 4.555 | 4.145 | 3.54 | 1.58 |
| Selling & Marketing Expenses
| 3.384 | 3.767 | 3.154 | 2.813 | 3.439 | 2.598 | 4.284 | 3.271 | 4.104 | 3.386 | 2.239 | 1.935 | 3.132 | 1.111 | 1.501 | 1.277 | 1.315 | 0.95 | 2.31 | 1.117 | 0.518 | 2.28 | 3.676 | 2.467 | 1.533 | 1.212 | 0.778 | 0.596 | 0.662 | 0.82 |
| SG&A
| 51.679 | 51.514 | 52.295 | 58.495 | 56.358 | 52.136 | 58.399 | 56.879 | 60.724 | 54.168 | 49.378 | 49.018 | 43.863 | 15.997 | 15.583 | 12.698 | 15.94 | 11.499 | 10.339 | 11.393 | 10.138 | 17.909 | 27.075 | 25.442 | 21.433 | 18.911 | 8.793 | 4.741 | 4.202 | 3.983 |
| Other Expenses
| 10.821 | 17.08 | 92.469 | 22.908 | 6.531 | 0 | 0 | 0 | 0 | 16.468 | 21.623 | 9.783 | 8.8 | 0.739 | 0.352 | 2.385 | -0.002 | -1.93 | -3.09 | 9.742 | 0.489 | -0.761 | -12.81 | -65.418 | 0.148 | 0.12 | 0 | -5.532 | 1.165 | 0 |
| Operating Expenses
| 62.598 | 68.694 | 144.888 | 81.479 | 69.986 | 66.316 | 73.266 | 72.481 | 74.187 | 70.776 | 71.461 | 60.304 | 53.053 | 16.831 | 16.674 | 15.797 | 17.629 | 10.612 | 11.699 | 8.827 | 11.451 | 20.463 | 29.969 | 26.916 | 23.337 | 19.126 | 34.98 | 6.776 | 5.419 | 6.877 |
| Operating Income
| 5.003 | -12.053 | -76.089 | -18.511 | -4.834 | -4.377 | -84.939 | -16.37 | -29.489 | -38.235 | -27.893 | 3.863 | -9.974 | -13.412 | -44 | -18.796 | -71.02 | 1.685 | -33.881 | -89.23 | -29.55 | -36.787 | -124.978 | -12.435 | -4.282 | -17.526 | -15.395 | -6.346 | -5.803 | -4.911 |
| Operating Income Ratio
| 0.02 | -0.059 | -0.295 | -0.078 | -0.021 | -0.022 | -0.342 | -0.069 | -0.121 | -0.189 | -0.116 | 0.017 | -0.045 | -0.762 | -1.937 | -1.308 | -7.761 | 0.17 | -2.446 | -6.936 | -1.463 | -1.597 | -5.799 | -0.371 | -0.222 | -11.692 | 0 | -3.687 | 0 | 0 |
| Total Other Income Expenses Net
| -2.118 | -2.654 | 2.282 | 0.609 | -1.417 | -3.272 | -0.484 | -5.443 | -7.734 | -2.574 | -5.549 | -95.776 | -65.79 | -24.628 | -25.802 | 20.049 | -31.837 | -118.201 | -34.307 | -38.945 | -3.705 | -4.919 | -20.315 | -73.052 | -8.283 | -2.785 | -26.306 | -6.809 | -0.042 | -2.237 |
| Income Before Tax
| 2.885 | -14.707 | -73.807 | -17.902 | -6.251 | -7.649 | -85.423 | -21.827 | -29.988 | -34.778 | -160.195 | -105.771 | -75.764 | -38.04 | -46.974 | 1.253 | -52.287 | -134.445 | -64.144 | -71.397 | -31.56 | -44.213 | -145.591 | -98.003 | -12.35 | -20.311 | -41.701 | -13.155 | -5.827 | -7.148 |
| Income Before Tax Ratio
| 0.012 | -0.072 | -0.286 | -0.076 | -0.027 | -0.039 | -0.344 | -0.092 | -0.123 | -0.172 | -0.666 | -0.459 | -0.339 | -2.162 | -2.068 | 0.087 | -5.714 | -13.593 | -4.63 | -5.55 | -1.563 | -1.919 | -6.756 | -2.924 | -0.64 | -13.55 | 0 | -7.644 | 0 | 0 |
| Income Tax Expense
| 0 | 0 | -6.558 | 1.434 | -1.284 | -2.997 | 0 | 0 | 3.889 | 9.255 | 1.376 | -6.927 | -1.791 | 32.505 | 7.787 | -10.058 | 38.863 | 121.22 | 42.69 | 51.155 | 32.753 | -0.23 | -0.505 | -0.512 | 0.172 | -3.609 | 0 | 0 | 0.018 | 0 |
| Net Income
| 2.885 | -14.707 | -67.142 | -19.328 | -5.772 | -2.554 | -82.788 | -21.784 | -32.52 | -44.033 | -161.571 | -98.844 | -73.973 | -70.545 | -54.99 | 11.311 | -52.287 | -134.416 | -64.059 | -71.386 | -60.343 | -43.895 | -144.988 | -97.452 | -12.322 | -16.702 | -41.701 | -13.155 | -5.827 | -7.148 |
| Net Income Ratio
| 0.012 | -0.072 | -0.261 | -0.082 | -0.025 | -0.013 | -0.333 | -0.092 | -0.133 | -0.217 | -0.672 | -0.429 | -0.331 | -4.009 | -2.42 | 0.787 | -5.714 | -13.59 | -4.624 | -5.549 | -2.988 | -1.905 | -6.728 | -2.908 | -0.638 | -11.142 | 0 | -7.644 | 0 | 0 |
| EPS
| 0.011 | -0.06 | -0.25 | -0.073 | -0.022 | -0.01 | -0.32 | -0.084 | -0.12 | -0.17 | -0.7 | -0.42 | -0.31 | -0.37 | -0.27 | 0.055 | -0.28 | -0.93 | -4.77 | -5.32 | -5.66 | -4.09 | -15.78 | -10.6 | -1.47 | -1.99 | -5.31 | -1.57 | -0.7 | -1.16 |
| EPS Diluted
| 0.011 | -0.06 | -0.25 | -0.073 | -0.022 | -0.01 | -0.32 | -0.084 | -0.12 | -0.17 | -0.7 | -0.42 | -0.31 | -0.37 | -0.27 | 0.055 | -0.28 | -0.9 | -4.77 | -5.32 | -5.66 | -4.09 | -15.78 | -10.6 | -1.47 | -1.99 | -5.31 | -1.57 | -0.7 | -1.16 |
| EBITDA
| 18.632 | 1.31 | -57.866 | -2.031 | 9.821 | 8.875 | -68.006 | -3.549 | -13.021 | -14.573 | -16.967 | -90.382 | -61.298 | -2.62 | -45.464 | 5.307 | -49.902 | -10.789 | -17.516 | -67.245 | -23.366 | -29.492 | -92.169 | -7.415 | -2.566 | -16.514 | -14.832 | -11.81 | -5.639 | -4.748 |
| EBITDA Ratio
| 0.076 | 0.006 | -0.225 | -0.009 | 0.043 | 0.045 | -0.274 | -0.015 | -0.053 | -0.072 | -0.071 | -0.392 | -0.274 | -0.149 | -2.001 | 0.369 | -5.453 | -1.091 | -1.264 | -5.227 | -1.157 | -1.28 | -4.277 | -0.221 | -0.133 | -11.017 | 0 | -6.862 | 0 | 0 |