TerrAscend (TSNDF) Change in Taxes (2021 - 2026)
TerrAscend (TSNDF) reported Change in Taxes of $11.98 million for Q2 2026, up 19.7% from $10.01 million a year earlier and up 41.7% from the prior quarter.
TerrAscend (TSNDF) Change in Taxes (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, TerrAscend's Change in Taxes came in at $24.08 million, up 18.4% year-over-year; for FY2025, it came in at $20.5 million, down 28.6% from FY2024.
- Change in Taxes has a five-year compound annual growth rate of 12.5% (FY2020 to FY2025).
- By year, Change in Taxes came in at $28.7 million in FY2024 (-26.5%), $39.03 million in FY2023 (+167.4%), $14.6 million in FY2022 and -$6.94 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Change in Taxes since Q3 2024.
- Year over year, Change in Taxes gained in three of the last six quarters, with an average decline of 8.8%.
- The high point for year-over-year Change in Taxes in five years was Q1 2023 (growth of 141.8%); the low point was Q3 2025 (a decline of 70.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $8.46 million (Q1 2026), -$1.53 million (Q4 2025) and $5.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | -29.00 Mn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | -425.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 18.83 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | -604,000.00 |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 2.09 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 2.22 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | - |
| 10 | TerrAscend | 166.95 Mn | 14.61 Mn | 36.25 Mn | 11.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.98 Mn |
| Mar 31, 2026 | 8.46 Mn |
| Dec 31, 2025 | -1.53 Mn |
| Sep 30, 2025 | 5.17 Mn |
| Jun 30, 2025 | 10.01 Mn |
| Mar 31, 2025 | 6.85 Mn |
| Dec 31, 2024 | -14.30 Mn |
| Sep 30, 2024 | 17.76 Mn |
| Jun 30, 2024 | 16.37 Mn |
| Mar 31, 2024 | 8.87 Mn |
| Dec 31, 2023 | 3.89 Mn |
| Sep 30, 2023 | 13.01 Mn |
| Jun 30, 2023 | 10.35 Mn |
| Mar 31, 2023 | 11.77 Mn |
| Dec 31, 2022 | 5.15 Mn |
| Sep 30, 2022 | 9.45 Mn |
| Jun 30, 2022 | -4.86 Mn |
| Mar 31, 2022 | 4.87 Mn |
| Dec 31, 2021 | -7.24 Mn |
| Sep 30, 2021 | 598,000.00 |
TerrAscend Change in Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-taxes&ticker=TSNDF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "ticker": "TSNDF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-taxes&ticker=TSNDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();