Inferra AI / Company / SNDL
SNDL Inc.
SNDL · Health Care
Last earnings Oct 27, 2026
Key results
Revenuequarter
$3.3 million
During the period January 8, 2026 to September 30, 2026 the Company recorded revenues of $3.3 million and a net earnings of $0.6 million from the 5 cannabis retail stores.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
Net incomequarter
$0.6 million
During the period January 8, 2026 to September 30, 2026 the Company recorded revenues of $3.3 million and a net earnings of $0.6 million from the 5 cannabis retail stores.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
The following table summarizes the carrying amount of the Company’s interest in the joint venture: Carrying amount Balance at December 31, 2025 385,534 Share of net earnings 5,084 Share of other comprehensive income (taxes at 23%) 13,799 Capital contributions 63,628 Distributions (315 ) Balance at September 30, 2026 467,730 SunStream is a related party due to it being classified as a joint venture of the Company.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
RevenueQ3 2026
$0.7 million
The following table summarizes the financial information of SunStream: As at September 30, 2026 September 30, 2025 Current assets (including cash and cash equivalents - 2026: $0.9 million, 2025: $0.7 million) 3,897 5,646 Non-current assets 460,943 383,461 Current liabilities (4,308 ) (887 ) Net assets (liabilities) (100%) 460,532 388,220 Nine months ended September 30 2026 2025 Revenue (loss) 6,928 (2,330 ) Profit (loss) from operations 5,738 (3,825 ) Other comprehensive income (loss) 13,799 (13,250 ) Total comprehensive income (loss) 19,538 (17,065 ) 14.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
Revenueytd
100%
The following table summarizes the financial information of SunStream: As at September 30, 2026 September 30, 2025 Current assets (including cash and cash equivalents - 2026: $0.9 million, 2025: $0.7 million) 3,897 5,646 Non-current assets 460,943 383,461 Current liabilities (4,308 ) (887 ) Net assets (liabilities) (100%) 460,532 388,220 Nine months ended September 30 2026 2025 Revenue (loss) 6,928 (2,330 ) Profit (loss) from operations 5,738 (3,825 ) Other comprehensive income (loss) 13,799 (13,250 ) Total comprehensive income (loss) 19,538 (17,065 ) 14.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
The decrease of $0.3 million was partly due to a reduction in net revenue and cost of sales noted above, in addition to pricing strategies.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
The decrease of $4.2 million was partly due to a reduction in net revenue and cost of sales noted above, in addition to pricing strategies.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
The increase of $0.6 million is mainly attributable to an increase in proprietary licensing revenue, partially offset by decreases in retail sales and a minor decrease in franchise revenue.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
The decrease of $0.8 million is mainly attributable to decreases in retail sales and franchise revenue, partially offset by an increase in proprietary licensing revenue.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
The decrease of $3.7 million was mainly due to the decrease in net revenue as noted above, changes in product mix with higher direct costs and an increase in inventory obsolescence of $1.6 million.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
AI analysis
Q3 2026 · reported Oct 27, 2026
Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held
Headline figures
| Metric | Q3 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $3.3 million | — | — |
| Net income | $0.6 million | — | — |
Guidance · company-stated
No guidance located in the held release
“GOODWILL Net book value Balance at December 31, 2025 124,248 Acquisitions through business combinations (note 4) 3,012 Impairment (52,022 ) Balance at September 30, 2026 75,238 At September 30, 2026, the Company determined that indicators of impairment existed relating to the cannabis operations - manufacturing CGU group’s goodwill due to lower than expected operating results and forecasts.”
Capital allocation
B) Issued and outstanding September 30, 2026 December 31, 2025 Note Number of Shares Carrying Amount Number of Shares Carrying Amount Balance, beginning of year 263,359,123 2,310,398 263,021,847 2,346,728 Share issuances 3,263 10 — — Share repurchases (21,632,053 ) (189,386 ) (5,899,897 ) (52,688 ) Employee awards exercised 3,046,411 6,333 6,237,173 16,358 Balance, end of period 244,776,744 2,127,355 263,359,123 2,310,398 17 SNDL Inc.
Subsequent to September 30, 2026, the Company purchased and cancelled 1.5 million common shares, pursuant to its repurchase program, at a weighted average price, excluding commissions, of $1.77 (US$1.25) per common share for a total cost of $2.6 million including commissions.
Event summary
SNDL Inc. Q3 2026 — During the period January 8, 2026 to September 30, 2026 the Company recorded revenues of $3.3 million and a net earnings of $0.6 million from the 5 cannabis retail stores.
Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
B) Issued and outstanding September 30, 2026 December 31, 2025 Note Number of Shares Carrying Amount Number of Shares Carrying Amount Balance, beginning of year 263,359,123 2,310,398 263,021,847 2,346,728 Share issuances 3,263 10 — — Share repurchases (21,632,053 ) (189,386 ) (5,899,897 ) (52,688 ) Employee awards exercised 3,046,411 6,333 6,237,173 16,358 Balance, end of period 244,776,744 2,127,355 263,359,123 2,310,398 17 SNDL Inc.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
Subsequent to September 30, 2026, the Company purchased and cancelled 1.5 million common shares, pursuant to its repurchase program, at a weighted average price, excluding commissions, of $1.77 (US$1.25) per common share for a total cost of $2.6 million including commissions.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
The Company also makes strategic portfolio investments in debt and equity securities.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
Notes to the Condensed Consolidated Interim Financial Statements For the three and nine months ended September 30, 2026 (Unaudited, expressed in thousands of Canadian dollars, except where otherwise noted) The current investment portfolio of SunStream is comprised of secured debt, hybrid debt, derivative instruments and convertible equity instruments with United States based cannabis businesses.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
The current investment portfolio of SunStream is comprised of secured debt, hybrid debt, derivative instruments and convertible equity instruments issued by United States (“U.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
share repurchase program On November 3, 2025, the Company announced that the board of directors of the Company (the “Board”) approved a renewal of the share repurchase program upon its expiry on November 20, 2025.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
Strategy & priorities
The Company also makes strategic portfolio investments in debt and equity securities.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
SNDL’s overall strategy is to build sustainable, long-term shareholder value by improving liquidity and cost of capital while optimizing the capacity and capabilities of its production facilities in the creation of a consumer-centric brand and product portfolio.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
The successful audit reinforces SNDL’s ability to participate in regulated international medical cannabis markets and reflects the Company’s continued focus on quality, operational excellence and regulatory compliance.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
Customers can earn points with every visit and by participating in the Company’s recycling initiative, reinforcing Value Buds’ commitment to affordability, sustainability, and customer appreciation.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
By leveraging insights from Rise Rewards, the Company aims to optimize Value Buds’ pricing strategies and marketing efforts to provide superior customer experiences.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
Risks & headwinds
TARIFFS Since early 2025, the U.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
administration has imposed tariffs on imports from certain countries, including Canada, and the Canadian government has responded with its own tariffs on certain imports from the United States.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
During the third quarter of 2026, trade tensions escalated, including through the imposition of additional United States tariffs on Canadian goods and Canadian counter-tariffs on United States-origin goods, and trade negotiations between Canada and the United States were suspended.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
These measures and the risk of further tariffs and retaliatory actions have created uncertainty, which has permeated the economic and investment outlook, impacting current economic conditions, including such issues as the inflation rate and the global supply chain.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
Aside from the impact on the global economy, these tariffs may continue to impact SNDL.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
In response to tariffs imposed by the United States, several Canadian provinces had taken retaliatory measures by removing United States alcohol from store shelves and restaurant, bar and retailer fulfillment catalogues.
SEC original ↗SNDL Inc. — Earnings release (6-K exhibit)EX-99Oct 27, 2026
Earnings deck slides
0 decks with slide viewSNDL Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
33 documents- Q3 2026
- 6-KSNDL
Oct 27, 2026
- 6-KSNDL
Oct 27, 2026
- EX-99SNDL
Oct 27, 2026
- EX-99SNDL
Oct 27, 2026
- 6-KSNDL
Oct 15, 2026
- EX-99SNDL
Oct 15, 2026
- 6-KSNDL
Oct 14, 2026
- EX-99SNDL
Oct 14, 2026
- 6-KSNDL
Oct 6, 2026
- EX-99SNDL
Oct 6, 2026
- Q2 2026
- 6-KSNDL
Sep 8, 2026
- EX-99SNDL
Sep 8, 2026
- EX-99SNDL
Sep 8, 2026
- EX-99SNDL
Sep 8, 2026
- 6-KSNDL
Aug 4, 2026
- 6-KSNDL
Jul 28, 2026
- 6-KSNDL
Jul 28, 2026
- 6-KSNDL
Jul 27, 2026
- 6-KSNDL
Jul 15, 2026
- Q1 2026
- 6-KSNDL
May 28, 2026
- 6-KSNDL
Apr 29, 2026
- 6-KSNDL
Apr 29, 2026
- 6-KSNDL
Apr 15, 2026
- Q4 2025
- 6-KSNDL
Mar 30, 2026
- 6-KSNDL
Mar 12, 2026
- 6-KSNDL
Feb 19, 2026
- 6-KSNDL
Jan 7, 2026
- Q3 2025
- 6-KSNDL
Dec 15, 2025
- 6-KSNDL
Nov 21, 2025
- 6-KSNDL
Nov 4, 2025
- 6-KSNDL
Nov 4, 2025
- 6-KSNDL
Oct 30, 2025
- 6-KSNDL
Oct 15, 2025
Earnings releases
2 documentsPresentations
1 document- Q3 2026
- SNDLDeck
Transcripts
0 documentsNo transcripts for SNDL Inc. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.