TerrAscend (TSNDF) Gross Profit (2021 - 2026)
TerrAscend's Gross Profit was $36.25 million in Q2 2026, up 9.1% from $33.24 million a year earlier and up 4.8% from the prior quarter.
TerrAscend (TSNDF) Gross Profit (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, TerrAscend's Gross Profit was $139.26 million through Jun 30, 2026, up 2.2% year-over-year; for FY2025, it was $136.32 million, up 0.3% from FY2024.
- Gross Profit shows a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- In earlier years, Gross Profit was $135.87 million in FY2024 (-1.6%), $138.02 million in FY2023 (+36.0%), $101.5 million in FY2022 (-9.8%) and $112.5 million in FY2021 (+31.3%).
- The Q2 2026 figure marks the highest quarterly Gross Profit since Q1 2024.
- Compared with a year earlier, Gross Profit was higher in three of the last eight quarters, with growth averaging 5.3%.
- The best year-over-year quarter for Gross Profit over five years was Q1 2023 (growth of 117.0%); the worst was Q1 2022 (a decline of 55.3%).
- Per Business Quant data, TSNDF's Gross Profit in the three quarters before Q2 2026 was $34.6 million (Q1 2026), $34.48 million (Q4 2025) and $33.93 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | TerrAscend | 166.95 Mn | 14.61 Mn | 36.25 Mn |
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 |
TerrAscend Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=TSNDF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "TSNDF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=TSNDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();