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Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

TerrAscend (TSNDF) Gross Margin (2021 - 2026)

TerrAscend has reported Gross Margin over the past 5 years, most recently at 52.13% for Q4 2025.

  • Quarterly Gross Margin fell 74.0% to 52.13% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 51.8% through Dec 2025, up 155.0% year-over-year, with the annual reading at 52.32% for FY2025, 164.0% up from the prior year.
  • Gross Margin was 52.13% for Q4 2025 at TerrAscend, roughly flat from 52.11% in the prior quarter.
  • Over five years, Gross Margin peaked at 101.72% in Q4 2023 and troughed at 31.85% in Q1 2022.
  • The 5-year median for Gross Margin is 51.05% (2024), against an average of 52.43%.
  • Year-over-year, Gross Margin soared 5711bps in 2023 and then tumbled -4885bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 64.34% in 2021, then plummeted by -31bps to 44.61% in 2022, then surged by 128bps to 101.72% in 2023, then plummeted by -48bps to 52.87% in 2024, then fell by -1bps to 52.13% in 2025.
  • Per Business Quant, the three most recent readings for TSNDF's Gross Margin are 52.13% (Q4 2025), 52.11% (Q3 2025), and 51.13% (Q2 2025).