TerrAscend (TSNDF) Change in Taxes (2021 - 2026)
TerrAscend (TSNDF) posted quarterly Change in Taxes of $8.5 million for Q1 2026, up 23.47% year-over-year from $6.8 million in Q1 2025, and up 652.98% quarter-over-quarter from -$1.5 million in Q4 2025.
TerrAscend (TSNDF) Change in Taxes (2021 - 2026) Analysis & Trends
TerrAscend (TSNDF) has reported Change in Taxes for 6 consecutive years, with $8.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Taxes rose 23.47% year-over-year to $8.5 million; the TTM figure through Mar 2026 stood at $22.1 million (down 17.14% YoY), while the FY2025 annual figure was $20.5 million, down 28.58% from the prior year.
- Change in Taxes climbed to $8.5 million in Q1 2026 per TSNDF's latest filing, from -$1.5 million in the prior quarter.
- Across five years, Change in Taxes topped out at $17.8 million in Q3 2024 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Change in Taxes soared 1479.6% — and 2024, when it slumped 467.51%.
- TerrAscend's Change in Taxes stood at $5.1 million in 2022, then dropped by 24.42% to $3.9 million in 2023, then plunged by 467.51% to -$14.3 million in 2024, then surged by 89.3% to -$1.5 million in 2025, then soared by 652.98% to $8.5 million in 2026.
- Business Quant data shows TSNDF's Change in Taxes at $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 | 44.51 Bn | 43.55 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.52 Bn | 39.86 Bn | 2.15 Bn | - |
| 3 | Zoetis | 32.43 Bn | 30.75 Bn | 1.05 Bn | -66.00 Mn |
| 4 | Takeda Pharmaceutical | 28.63 Bn | 22.83 Bn | 5.10 Bn | -106.03 Mn |
| 5 | United Therapeutics | 21.87 Bn | 19.21 Bn | 683.80 Mn | - |
| 6 | Viatris | 18.98 Bn | 18.09 Bn | 1.46 Bn | 40.90 Mn |
| 7 | Neurocrine Biosciences | 15.43 Bn | 15.04 Bn | 935.80 Mn | -59.60 Mn |
| 8 | Elanco Animal Health | 12.02 Bn | 11.49 Bn | 798.00 Mn | - |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.98 Bn | - | - |
| 10 | TerrAscend | 197.99 Mn | 155.88 Mn | 36.25 Mn | 11.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.98 Mn |
| Jun 30, 2026 | 11.98 Mn |
| 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 |