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.

• On a quarterly basis, Gross Margin fell 114.0% year-over-year to 52.8% in Q1 2026; TTM through Mar 2026 was 52.04%, a 21.0% increase from a year earlier, with the FY2025 full-year figure at 52.32%, up 164.0% from the prior year.
• Gross Margin for Q1 2026 stood at 52.8%, up from 52.13% in the prior quarter.
• Over the last five years, Gross Margin for TSNDF reached as high as 101.72% in Q4 2023 and fell as low as 31.85% in Q1 2022.
• Historically, Gross Margin has averaged 51.73% across 5 years, with a median of 50.97% in 2024.
• Across the five-year window, Gross Margin jumped 5641 bps in 2023 and plunged 4885 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 45.3% in 2022, then jumped by 125 bps to 101.72% in 2023, then plunged by 48 bps to 52.87% in 2024, then fell by 1 bps to 52.13% in 2025, then climbed by 1 bps to 52.8% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 52.8% in Q1 2026, 52.13% in Q4 2025, and 52.11% in Q3 2025.