Education
About Us
Working with TipRanks
Follow Us
Curaleaf Holdings (OTC) (CURLF)
OTHER OTC:CURLF
Earnings Data
Report Date
May 07, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.07Last Year’s EPS
-0.07Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed but constructive picture: strong operational momentum (cultivation yield gains, record potency, brand share gains, international revenue surge, positive cash flow and a landmark refinancing) contrasts with persistent industry-wide price compression, declining adjusted EBITDA and significant net losses. Management articulated a clear turnaround playbook and expects industry dynamics (hemp ban and rescheduling) to improve pricing and drive consolidation, but near-term profitability headwinds and elevated SG&A and debt costs keep financial risk tangible. Overall, operational progress is meaningful and de-risking steps (refinancing, cost discipline, product quality gains) are clear, yet material losses and margin compression temper the near-term outlook.Company Guidance
Fourth Quarter Revenue Growth
Q4 revenue of $333 million, up 5% sequentially and 2% year-over-year, marking the company's strongest quarterly performance in six quarters.
Full-Year Revenue and Margins
Full-year 2025 revenue of $1.27 billion with adjusted gross margin of 50% and adjusted EBITDA of $275 million (22% of revenue).
International Revenue Surge
Curaleaf International Q4 revenue of $51 million (10% sequential growth and 65% year-over-year) and full-year international revenue of $172 million, up ~63% versus 2024; international business on a >$200 million annual run rate.
Margin Expansion Driven by Cultivation Productivity
Adjusted gross margin expanded to 49% in Q4 (up 20 basis points YoY) and to 50% for the full year (up 150 basis points YoY), driven by doubled yields, productivity gains in cultivation and higher average flower potency (31%, a company record).
Strong Cash Generation and Liquidity Management
Q4 operating cash flow from continuing operations of $42 million and free cash flow of $25 million. Full-year operating cash flow of $152 million and free cash flow of $89 million; cash balance of $102 million at year-end.
Brand and Product Momentum
Anthem pre-roll launches became a top 5 national pre-roll brand in four launch markets; Select maintained #1 vape share and Curaleaf captured #1 overall market share per Hoodie Analytics; launch of Briq 2.0 vape platform and Dark Heart premium expansion planned.
Wholesale Growth and Retail Expansion
Wholesale revenue increased 15% year-over-year to $91 million, representing 27% of total revenue. Company opened 9 new dispensaries in 2025 (5 Florida, 3 Ohio, 1 Maine).
Debt Refinancing and Strategic Financial Moves
Completed refinancing of prior senior secured notes with a new $500 million senior secured note (11.5% coupon) maturing Feb 18, 2029, extending maturities, reducing short-term refinancing risk, and demonstrating strong investor demand. Acquisition debt reduced by $57 million during the year.
CURLF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CURLF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $2.43 | $2.33 | -4.23% |
Nov 05, 2025 | $2.85 | $2.43 | -14.74% |
Aug 06, 2025 | $1.68 | $1.79 | +6.55% |
May 08, 2025 | $0.89 | $0.84 | -5.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Curaleaf Holdings (OTC) (CURLF) report earnings?
Curaleaf Holdings (OTC) (CURLF) is schdueled to report earning on May 07, 2026, After Close (Confirmed).
What is Curaleaf Holdings (OTC) (CURLF) earnings time?
Curaleaf Holdings (OTC) (CURLF) earnings time is at May 07, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CURLF EPS forecast?
CURLF EPS forecast for the fiscal quarter 2026 (Q1) is -0.07.
