TerrAscend (TSNDF) FCF Margin (2021 - 2026)
TerrAscend's (TSNDF) quarterly FCF Margin came in at 8.56% in Q2 2026, up 86.0% year-over-year from 4.6% in Q2 2025, and down 27.95% quarter-over-quarter from 11.88% in Q1 2026.
Analysis
TerrAscend (TSNDF) FCF Margin (2021 - 2026) Analysis & Trends
TerrAscend (TSNDF) has reported FCF Margin for 6 consecutive years, with 8.56% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 86.0% year-over-year to 8.56% in Q2 2026; TTM through Jun 2026 was 9.48%, a 30.0% increase from a year earlier, with the FY2025 full-year figure at 9.71%, down 496.0% from the prior year.
- FCF Margin was 8.56% for Q2 2026 at TerrAscend, down from 11.88% in the prior quarter.
- Over five years, FCF Margin peaked at 159.66% in Q4 2023 and troughed at 46.19% in Q1 2022.
- A 5-year average of 10.17% and a median of 8.6% in 2023 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin surged 17150 bps in 2023 and slumped 15359 bps in 2024, its largest moves.
- Over 5 years, FCF Margin stood at 11.83% in 2022, then soared by 1450 bps to 159.66% in 2023, then tumbled by 96 bps to 6.08% in 2024, then jumped by 64 bps to 9.99% in 2025, then fell by 14 bps to 8.56% in 2026.
- The last three FCF Margin figures came in at 8.56% (Q2 2026), 11.88% (Q1 2026), and 9.99% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | -6.05% |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 11.86% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 2.87% |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 31.55% |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 4.87% |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | -50.55% |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | -16.85% |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 8.61% |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -25.65% |
| 10 | TerrAscend | 201.74 Mn | 159.62 Mn | 36.25 Mn | 8.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.56% |
| Mar 31, 2026 | 11.88% |
| Dec 31, 2025 | 9.99% |
| Sep 30, 2025 | 7.48% |
| Jun 30, 2025 | 7.71% |
| Mar 31, 2025 | 13.72% |
| Dec 31, 2024 | 6.08% |
| Sep 30, 2024 | 9.35% |
| Jun 30, 2024 | 27.93% |
| Mar 31, 2024 | 12.97% |
| Dec 31, 2023 | 159.66% |
| Sep 30, 2023 | 8.64% |
| Jun 30, 2023 | -0.25% |
| Mar 31, 2023 | 11.47% |
| Dec 31, 2022 | -11.83% |
| Sep 30, 2022 | -15.38% |
| Jun 30, 2022 | -38.64% |
| Mar 31, 2022 | -46.19% |
| Dec 31, 2021 | -67.19% |
| Sep 30, 2021 | -66.85% |