TerrAscend (TSNDF) Net Margin (2021 - 2026)

TerrAscend's (TSNDF) quarterly Net Margin came in at 1.79% in Q1 2026, up 537.0% year-on-year from 0.28% in Q1 2025, and down 128.85% on a QoQ basis from 6.21% in Q4 2025.

TerrAscend (TSNDF) Net Margin (2021 - 2026) Analysis & Trends

TerrAscend (TSNDF) has 6 years of Net Margin data on file, last reported at 1.79% in Q1 2026.

  • On a quarterly basis, Net Margin rose 537.0% year-over-year to 1.79% in Q1 2026; TTM through Mar 2026 was 20.4%, a 112.0% decrease from a year earlier, with the FY2025 full-year figure at 21.82%, down 250.0% from the prior year.
  • Net Margin for Q1 2026 stood at 1.79%, down from 6.21% in the prior quarter.
  • Over the last five years, Net Margin for TSNDF reached as high as 6.21% in Q4 2025 and fell as low as 276.8% in Q4 2023.
  • Historically, Net Margin has averaged 29.44% across 5 years, with a median of 7.16% in 2025.
  • Across the five-year window, Net Margin slumped 26125 bps in 2023 and jumped 21571 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 15.55% in 2022, then slumped by 1680 bps to 276.8% in 2023, then soared by 78 bps to 61.08% in 2024, then soared by 110 bps to 6.21% in 2025, then sank by 129 bps to 1.79% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 1.79% in Q1 2026, 6.21% in Q4 2025, and 22.5% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 9.29%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 26.57%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -33.66%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 35.18%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 5.03%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 24.30%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 4.16%
10 TerrAscend 160.44 Mn 162.98 Mn 34.60 Mn -1.79%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.79%
Dec 31, 2025 6.21%
Sep 30, 2025 -22.50%
Jun 30, 2025 -64.15%
Mar 31, 2025 -7.16%
Dec 31, 2024 -61.08%
Sep 30, 2024 -8.57%
Jun 30, 2024 0.07%
Mar 31, 2024 -18.42%
Dec 31, 2023 -276.80%
Sep 30, 2023 -0.26%
Jun 30, 2023 -0.86%
Mar 31, 2023 -5.17%
Dec 31, 2022 -15.55%
Sep 30, 2022 -15.74%
Jun 30, 2022 -4.20%
Mar 31, 2022 -4.60%
Dec 31, 2021 9.31%
Sep 30, 2021 113.63%
Jun 30, 2021 -47.86%