TerrAscend (TSNDF) Gross Profit (2021 - 2026)
TerrAscend's (TSNDF) quarterly Gross Profit came in at $36.2 million in Q2 2026, up 9.07% year-over-year from $33.2 million in Q2 2025, and up 4.76% quarter-over-quarter from $34.6 million in Q1 2026.
Analysis
TerrAscend (TSNDF) Gross Profit (2021 - 2026) Analysis & Trends
TerrAscend (TSNDF) has reported Gross Profit for 6 consecutive years, with $36.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Profit rose 9.07% year-over-year to $36.2 million in Q2 2026; TTM through Jun 2026 was $139.3 million, a 2.21% increase from a year earlier, with the FY2025 full-year figure at $136.3 million, changed 0.34% from the prior year.
- Gross Profit was $36.2 million for Q2 2026 at TerrAscend, up from $34.6 million in the prior quarter.
- Over five years, Gross Profit peaked at $47.8 million in Q3 2023 and troughed at $15.6 million in Q1 2022.
- A 5-year average of $32.6 million and a median of $33.9 million in 2023 frame the typical range for Gross Profit.
- Across the five-year window, Gross Profit tumbled 55.29% in 2022 and surged 116.97% in 2023, its largest moves.
- Over 5 years, Gross Profit stood at $30.8 million in 2022, then slumped by 34.78% to $20.1 million in 2023, then jumped by 74.88% to $35.1 million in 2024, then retreated by 1.84% to $34.5 million in 2025, then advanced by 5.13% to $36.2 million in 2026.
- The last three Gross Profit figures came in at $36.2 million (Q2 2026), $34.6 million (Q1 2026), and $34.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn |
| 10 | TerrAscend | 201.74 Mn | 159.62 Mn | 36.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.25 Mn |
| Mar 31, 2026 | 34.60 Mn |
| Dec 31, 2025 | 34.48 Mn |
| Sep 30, 2025 | 33.93 Mn |
| Jun 30, 2025 | 33.24 Mn |
| Mar 31, 2025 | 34.68 Mn |
| Dec 31, 2024 | 35.13 Mn |
| Sep 30, 2024 | 33.21 Mn |
| Jun 30, 2024 | 33.36 Mn |
| Mar 31, 2024 | 38.73 Mn |
| Dec 31, 2023 | 20.09 Mn |
| Sep 30, 2023 | 47.81 Mn |
| Jun 30, 2023 | 36.23 Mn |
| Mar 31, 2023 | 33.90 Mn |
| Dec 31, 2022 | 30.80 Mn |
| Sep 30, 2022 | 31.13 Mn |
| Jun 30, 2022 | 23.95 Mn |
| Mar 31, 2022 | 15.62 Mn |
| Dec 31, 2021 | 21.23 Mn |
| Sep 30, 2021 | 21.50 Mn |