TerrAscend (TSNDF) Gross Margin (2021 - 2026)

TerrAscend (TSNDF) has reported Gross Margin for 6 consecutive years, with 54.01% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 288.0% year-over-year to 54.01% in Q2 2026; TTM through Jun 2026 was 52.77%, a 55.0% increase from a year earlier, with the FY2025 full-year figure at 52.32%, up 164.0% from the prior year.
• Gross Margin was 54.01% for Q2 2026 at TerrAscend, up from 52.8% in the prior quarter.
• Over five years, Gross Margin peaked at 101.72% in Q4 2023 and troughed at 31.85% in Q1 2022.
• A 5-year average of 51.84% and a median of 51.05% in 2024 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin surged 5641 bps in 2023 and tumbled 4885 bps in 2024, its largest moves.
• Over 5 years, Gross Margin stood at 45.3% in 2022, then soared by 125 bps to 101.72% in 2023, then plunged by 48 bps to 52.87% in 2024, then decreased by 1 bps to 52.13% in 2025, then gained by 4 bps to 54.01% in 2026.
• The last three Gross Margin figures came in at 54.01% (Q2 2026), 52.8% (Q1 2026), and 52.13% (Q4 2025), per Business Quant data.