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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 - 2025)

TerrAscend (TSNDF) has disclosed Gross Margin for 5 consecutive years, with 58.08% as the latest value for Q3 2025.

  • On a quarterly basis, Gross Margin fell 781.0% to 58.08% in Q3 2025 year-over-year; TTM through Sep 2025 was 50.45%, a 103.0% decrease, with the full-year FY2024 number at 48.9%, down 143.0% from a year prior.
  • Gross Margin was 58.08% for Q3 2025 at TerrAscend, up from 47.86% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 65.9% in Q3 2024 to a low of 31.85% in Q1 2022.
  • A 5-year average of 50.16% and a median of 48.85% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: plummeted -3364bps in 2022, then surged 1760bps in 2023.
  • TerrAscend's Gross Margin stood at 64.34% in 2021, then decreased by -30bps to 45.3% in 2022, then increased by 8bps to 48.82% in 2023, then decreased by -4bps to 46.86% in 2024, then increased by 24bps to 58.08% in 2025.
  • Per Business Quant, the three most recent readings for TSNDF's Gross Margin are 58.08% (Q3 2025), 47.86% (Q2 2025), and 51.84% (Q1 2025).