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NASDAQ · Health care

SNDL Inc. (SNDL)

SNDL Inc. reported revenue of CA$1B in fiscal 2025, up 2.8% from a year earlier. It posted a net loss of CA$15.8M. Operating cash flow minus capital spending left CA$58.1M of free cash flow in fiscal 2025. At December 31, 2025 it held CA$252.2M in cash. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on March 12, 2026.

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Price
$1.40
0.00% on the day · November 10, 2026
52-week range $1.13 to $2.34
Market cap
$364.4M
Revenue (FY2025)
CA$1B
+2.8% year on year
Net margin
-1.6%

Key facts about SNDL Inc.

Net worth
SNDL Inc. has a market value (market cap) of $364.4M at the latest share price, and shareholders' equity of CA$1.1B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was CA$1B (+2.8% year on year), with a net loss of CA$15.8M.
Cash flow
In fiscal 2025 operations brought in CA$70.9M of cash; after CA$12.8M of capital spending, free cash flow was CA$58.1M.
Latest report
The latest periodic report (annual report (Canadian issuer), 40-F) was filed with the SEC on March 12, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR

What SNDL Inc. does

SNDL Inc. is registered with the SEC under industry code SIC 2833 (Medicinal Chemicals & Botanical Products). Its shares trade on NASDAQ under the ticker SNDL.

Revenue and profit by year

Revenue
FY19: CA$66.9M CA$66.9M FY19FY20: CA$73.3M CA$73.3M FY20FY21: CA$67.3M CA$67.3M FY21FY22: CA$729.7M CA$729.7M FY22FY23: CA$957.7M CA$957.7M FY23FY24: CA$975.4M CA$975.4M FY24FY25: CA$1B CA$1B FY25
Net income
FY19: -CA$13M -CA$13M FY19FY19: -CA$271.5M -CA$271.5M FY19FY20: -CA$233.2M -CA$233.2M FY20FY21: -CA$227M -CA$227M FY21FY22: -CA$335.1M -CA$335.1M FY22FY23: -CA$172.7M -CA$172.7M FY23FY24: -CA$94.8M -CA$94.8M FY24FY25: -CA$15.8M -CA$15.8M FY25

Fiscal years as reported in annual reports. Amounts in CAD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025CA$1B-CA$6.3M-CA$15.8M-CA$0.06CA$58.1M
2024CA$975.4M-CA$103.8M-CA$94.8M-CA$0.36CA$46.3M
2023CA$957.7M-CA$163.2M-CA$172.7M-CA$0.67-CA$24.5M
2022CA$729.7M-CA$347.8M-CA$335.1M-CA$1.46-CA$17.4M
2021CA$67.3M-CA$134.4M-CA$227Mn/a-CA$159.5M
2020CA$73.3M-CA$185.4M-CA$233.2M-CA$1.10-CA$60.5M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Where SNDL ranks in Health care

Revenue growth+2.8%
#376 of 532 in Health care · Bottom 29%
Net margin-1.6%
#228 of 544 in Health care · Top 42%
Free cash flow margin5.8%
#168 of 490 in Health care · Top 34%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What SNDL Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. October 28, 2026
  2. October 27, 2026
  3. October 27, 2026
  4. October 27, 2026
  5. October 16, 2026
  6. October 15, 2026
  7. October 14, 2026
  8. October 6, 2026
  9. September 8, 2026
  10. August 4, 2026

Recent insider filings (Forms 3, 4 and 144): 3, the latest on December 12, 2025. Insider transactions on SEC

Insider trades

What the people running SNDL Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about SNDL

What does SNDL Inc. do?

SNDL Inc. is a company in the Health care sector, listed on NASDAQ as SNDL. Its shares trade on NASDAQ under the ticker SNDL.

What is SNDL Inc.'s net worth?

SNDL Inc. has a market value (market cap) of $364.4M at the latest share price, and shareholders' equity of CA$1.1B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is SNDL Inc. profitable?

No. In fiscal 2025 it reported a net loss of CA$15.8M on revenue of CA$1B.

How much revenue does SNDL Inc. make?

In fiscal 2025 SNDL Inc. reported revenue of CA$1B. That is 2.8% more than a year earlier.

When did SNDL Inc. last report?

Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on March 12, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the form SC TO-C filing from October 28, 2026.

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Where the numbers come from

Financial figures are the values SNDL Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.