Filing Flows › Curaleaf Holdings (CURLF) › How it makes money
How Curaleaf Holdings (CURLF) makes money
Curaleaf Holdings (CURLF) made $353M of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Retail and wholesale revenues brought in $349M (99%); Management fee income brought in $3.9M (1%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Retail and wholesale revenues | $349M | 98.9% | +4% | +11% |
| ↳ Retail revenues | $243M | 68.8% | +0.8% | +8% |
| ↳ Wholesale revenues | $106M | 30.1% | +11% | +21% |
| Management fee income | $3.9M | 1.1% | +15% | -10% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $353M | 100.0% |
| Income tax | $14.5M | 4.1% |
| Operating cash flow | $21.1M | 6.0% |
| Free cash flow | $4.0M | 1.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $353M | +11% |
| Q2 2026 | $340M | +10% |
From Curaleaf Holdings' 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does Curaleaf Holdings make money?
Curaleaf Holdings (CURLF) made $353M of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Retail and wholesale revenues brought in $349M (99%); Management fee income brought in $3.9M (1%).
What is Curaleaf Holdings' biggest business?
Retail and wholesale revenues: $349M in the third quarter 2026, 99% of revenue, +11% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.