TerrAscend (TSNDF) EBITDA (2021 - 2026)

TerrAscend (TSNDF) reported EBITDA of -$7.7 million for Q1 2026, up 37.15% year-over-year from -$5.6 million in Q1 2025, and down 325.47% quarter-over-quarter from $3.4 million in Q4 2025.

TerrAscend (TSNDF) EBITDA (2021 - 2026) Analysis & Trends

TerrAscend (TSNDF) has 6 years of EBITDA data on file, last reported at -$7.7 million in Q1 2026.

  • EBITDA for Q1 2026 came in at -$7.7 million, up 37.15% year-over-year; the trailing twelve-month figure through Mar 2026 was -$77.8 million (down 12.34% YoY), and the FY2025 annual result was -$82.4 million, down 15.25% from the prior year.
  • EBITDA fell to -$7.7 million in Q1 2026 per TSNDF's latest filing, from $3.4 million in the prior quarter.
  • Over five years, EBITDA peaked at $13.9 million in Q2 2022 and troughed at -$308.2 million in Q3 2022.
  • A 5-year average of -$33.0 million and a median of -$13.9 million in 2023 frame the typical range for EBITDA.
  • The sharpest annual moves came in 2022 and 2025: EBITDA tumbled 82513.64% in 2022, then soared 112.32% in 2025.
  • A 5-year view of EBITDA shows it stood at -$12.1 million in 2022, then tumbled by 243.13% to -$41.6 million in 2023, then soared by 33.37% to -$27.7 million in 2024, then soared by 112.32% to $3.4 million in 2025, then slumped by 325.47% to -$7.7 million in 2026.
  • Business Quant data shows TSNDF's EBITDA at -$7.7 million in Q1 2026, $3.4 million in Q4 2025, and -$24.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 652.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 833.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 325.80 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn -681,231.97
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 185.20 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 307.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn -67.29 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 81.33 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn -98.81 Mn
10 TerrAscend - - 34.60 Mn -7.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -7.70 Mn
Dec 31, 2025 3.42 Mn
Sep 30, 2025 -24.56 Mn
Jun 30, 2025 -48.96 Mn
Mar 31, 2025 -12.26 Mn
Dec 31, 2024 -27.74 Mn
Sep 30, 2024 -23.29 Mn
Jun 30, 2024 -5.98 Mn
Mar 31, 2024 -14.45 Mn
Dec 31, 2023 -41.63 Mn
Sep 30, 2023 -8.39 Mn
Jun 30, 2023 -13.88 Mn
Mar 31, 2023 -23.12 Mn
Dec 31, 2022 -12.13 Mn
Sep 30, 2022 -308.23 Mn
Jun 30, 2022 13.88 Mn
Mar 31, 2022 -5.78 Mn
Dec 31, 2021 8.62 Mn
Sep 30, 2021 374,000.00
Jun 30, 2021 14.05 Mn