SNDL Inc.(SNDL)Earnings, Financials & Key Ratios
SNDL•NASDAQ
$1.30
Price updated Jul 6, 2026
SectorHealthcareIndustrySpecialty & Generic PharmaSub-IndustryCannabis and cannabinoid product companies
AboutSNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. The company operates through Cannabis Operations and Retail Operations segments. It engages in the cultivation, distribution, and sale of cannabis for the adult-use markets; and private sale of recreational cannabis through corporate owned and franchised retail cannabis stores. The company also produces and distributes inhalable products, such as flower, pre-rolls, and vapes. It offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. The company was formerly known as Sundial Growers Inc. and changed its name to SNDL Inc. in July 2022. SNDL Inc. was incorporated in 2006 and is headquartered in Calgary, Canada.Show more
- Revenue$946M+2.8%
- EBITDA$52M+210.1%
- Net Income-$16M+83.4%
- EPS (Diluted)-0.06+84.1%
- Gross Margin27.33%+4.7%
- EBITDA Margin5.48%+207.1%
- Operating Margin-0.47%+95.9%
- Net Margin-1.67%+83.8%
- ROE-1.41%+82.4%
SNDL Price & Volume
SNDL Inc. (SNDL) stock price & volume — 10-year historical chart
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Conglomerate Model Faces Persistent Operational Margin Headwinds
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Persistent Canadian Market Saturation
Key Thesis Takeaways
- SNDL's transition into a diversified retail and investment conglomerate provides a defensive buffer, yet the company struggles to achieve consistent operating profitability as evidenced by the $11.2M operating loss in 2026Q1.
- While the firm maintains a robust liquidity position with a current ratio of 4.84, investors should monitor the volatility in revenue, which contracted to $195.9M in 2026Q1, and the potential for asset impairments given the $127.2M in goodwill.
- The long-term outlook remains cautious as the company attempts to balance capital returns, such as the $15.0M share repurchase in 2025Q1, against the structural challenges of a saturated Canadian cannabis market.
Verdict Logic
while the company maintains a healthy balance sheet with a current ratio of 4.84, the inability to generate consistent operating income, evidenced by the $11.2M loss in 2026Q1, warrants a wait-and-see approach.
SNDL Growth Metrics
SNDL Inc. (SNDL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years73.09%
3 Years9.94%
TTM1.05%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM89.74%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM86.88%
Return on Capital
10 Years-32.14%
5 Years-12.15%
3 Years-6.58%
Last Year-0.35%
SNDL Recent Earnings
SNDL Inc. (SNDL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$0.03+0.0%
$0.03
Rev
$141M-6.8%
$151M
Q2 2026
Mar 12, 2026Metric
Actual
Est
EPS
$0.03+200.0%
$0.01
Rev
$184M-2.1%
$188M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.04
$0.00
Rev
$175M-32.1%
$258M
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$0.01+125.0%
$0.04
Rev
$180M-26.1%
$243M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.03vs $0.03+0.0% | $141Mvs $151M-6.8% |
| Q2 2026 | Mar 12, 2026 | $0.03vs $0.01+200.0% | $184Mvs $188M-2.1% |
| Q4 2025 | Nov 4, 2025 | $0.04vs $0.00 | $175Mvs $258M-32.1% |
| Q3 2025 | Jul 31, 2025 | $0.01vs $0.04+125.0% | $180Mvs $243M-26.1% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for SNDL Inc. (SNDL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.30 | $336.96M | -30.83 | 2.82% | -1.67% | -1.41% | — | |
| $2.76 | $1.03B | -112.65 | 64.4% | -0.98% | -0.18% | — | |
| $0.96 | $369.59M | -1.55 | 5.8% | -91.63% | -38.64% | — | |
| $2.71 | $167.86M | -1.79 | -6.37% | -24.14% | -13.4% | — | |
| $4.38 | $510.37M | -0.13 | 4.84% | -252.55% | -136.55% | — | |
| $0.99 | $139.18M | -10.05 | 16.42% | -9.7% | -6.76% | — |
Compare SNDL vs Peers
SNDL Inc. (SNDL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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SNDL Frequently Asked Questions
SNDL Inc. (SNDL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is SNDL Inc.'s revenue?
SNDL Inc. (SNDL) reported $937.4M in revenue for fiscal year 2025.
How fast is SNDL Inc. growing?
SNDL Inc. (SNDL) grew revenue by 2.8% over the past year. Growth has been modest.
Is SNDL profitable?
SNDL Inc. (SNDL) reported a net loss of $11.0M for fiscal year 2025.
Dividend & Returns
What is SNDL's return on equity?
SNDL Inc. (SNDL) has a return on equity (ROE) of -1.4%. Negative ROE indicates the company is unprofitable.
What is SNDL Inc.'s free cash flow?
SNDL Inc. (SNDL) generated $52.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.