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| Date | Value |
|---|---|
| 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% |