TerrAscend (TSNDF) Change in Taxes (2021 - 2026)
TerrAscend's (TSNDF) quarterly Change in Taxes came in at $8.5 million in Q1 2026, up 23.47% year-on-year from $6.8 million in Q1 2025, and up 652.98% on a QoQ basis from -$1.5 million in Q4 2025.
TerrAscend (TSNDF) Change in Taxes (2021 - 2026) Analysis & Trends
TerrAscend (TSNDF) has 6 years of Change in Taxes data on file, last reported at $8.5 million in Q1 2026.
- On a quarterly basis, Change in Taxes rose 23.47% year-over-year to $8.5 million in Q1 2026; TTM through Mar 2026 was $22.1 million, a 17.14% decrease from a year earlier, with the FY2025 full-year figure at $20.5 million, down 28.58% from the prior year.
- Change in Taxes for Q1 2026 stood at $8.5 million, up from -$1.5 million in the prior quarter.
- Over the last five years, Change in Taxes for TSNDF reached as high as $17.8 million in Q3 2024 and fell as low as -$14.3 million in Q4 2024.
- Historically, Change in Taxes has averaged $6.5 million across 5 years, with a median of $8.5 million in 2026.
- Across the five-year window, Change in Taxes jumped 1479.6% in 2022 and plunged 467.51% in 2024, its largest moves.
- Year by year, Change in Taxes stood at $5.1 million in 2022, then fell by 24.42% to $3.9 million in 2023, then plunged by 467.51% to -$14.3 million in 2024, then jumped by 89.3% to -$1.5 million in 2025, then surged by 652.98% to $8.5 million in 2026.
- Per Business Quant data, the three most recent Change in Taxes figures were $8.5 million in Q1 2026, -$1.5 million in Q4 2025, and $5.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | - |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 73.00 Mn |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | -411.14 Mn |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | - |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | -463.40 Mn |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 119.80 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | - |
| 10 | TerrAscend | 160.44 Mn | 162.98 Mn | 34.60 Mn | 8.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.46 Mn |
| Mar 31, 2026 | 8.46 Mn |
| Dec 31, 2025 | -1.53 Mn |
| Dec 31, 2025 | -1.53 Mn |
| Sep 30, 2025 | 5.17 Mn |
| Sep 30, 2025 | 5.17 Mn |
| Jun 30, 2025 | 10.01 Mn |
| Jun 30, 2025 | 10.01 Mn |
| Mar 31, 2025 | 6.85 Mn |
| Mar 31, 2025 | 6.85 Mn |
| Dec 31, 2024 | -14.30 Mn |
| Dec 31, 2024 | -14.30 Mn |
| Sep 30, 2024 | 17.76 Mn |
| Sep 30, 2024 | 17.76 Mn |
| Jun 30, 2024 | 16.37 Mn |
| Jun 30, 2024 | 16.37 Mn |
| Mar 31, 2024 | 8.87 Mn |
| Mar 31, 2024 | 8.87 Mn |
| Dec 31, 2023 | 3.89 Mn |
| Dec 31, 2023 | 3.89 Mn |