---
title: "SNDL rises as cannabis sales drive record 2025 revenue"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278895022.md"
description: "SNDL shares rose in premarket trading after reporting record revenue for 2025, driven by its cannabis business. Q4 revenue was C$252.5M, a ~2% YoY drop, while full-year revenue reached C$964.4M, marking a ~3% YoY growth. CEO Zach George highlighted new records in income and free cash flow. The cannabis segment grew ~11% YoY, generating C$406.8M. The net loss decreased ~84% to C$15.8M, with Q4 net income of C$9.4M. Gross margin improved to ~28% in Q4 and ~27% for the year, reflecting enhanced profitability."
datetime: "2026-03-12T13:32:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278895022.md)
  - [en](https://longbridge.com/en/news/278895022.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278895022.md)
---

# SNDL rises as cannabis sales drive record 2025 revenue


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