TerrAscend (TSNDF) Gross Margin (2021 - 2026)

TerrAscend (TSNDF) has 6 years of Gross Margin data on file, last reported at 52.8% in Q1 2026.

• Gross Margin for Q1 2026 came in at 52.8%, down 114.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 52.04% (up 21.0% YoY), and the FY2025 annual result was 52.32%, up 164.0% from the prior year.
• Gross Margin grew to 52.8% in Q1 2026 per TSNDF's latest filing, from 52.13% in the prior quarter.
• Over five years, Gross Margin peaked at 101.72% in Q4 2023 and troughed at 32.16% in Q1 2022.
• A 5-year average of 51.72% and a median of 50.97% in 2024 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2023 and 2024: Gross Margin soared 5711 bps in 2023, then slumped 4885 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 44.61% in 2022, then surged by 128 bps to 101.72% in 2023, then tumbled by 48 bps to 52.87% in 2024, then slipped by 1 bps to 52.13% in 2025, then rose by 1 bps to 52.8% in 2026.
• Business Quant data shows TSNDF's Gross Margin at 52.8% in Q1 2026, 52.13% in Q4 2025, and 52.11% in Q3 2025.