TerrAscend (TSNDF) Net Margin (2021 - 2026)

TerrAscend (TSNDF) reported Net Margin of 1.79% for Q1 2026, up 537.0% year-over-year from 0.28% in Q1 2025, and down 128.85% quarter-over-quarter 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.

  • Net Margin for Q1 2026 came in at 1.79%, up 537.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.4% (down 112.0% YoY), and the FY2025 annual result was 21.82%, down 250.0% from the prior year.
  • Net Margin eased to 1.79% in Q1 2026 per TSNDF's latest filing, from 6.21% in the prior quarter.
  • Over five years, Net Margin peaked at 6.21% in Q4 2025 and troughed at 276.8% in Q4 2023.
  • A 5-year average of 29.43% and a median of 7.16% in 2025 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 26148 bps in 2023, then soared 21571 bps in 2024.
  • A 5-year view of Net Margin shows it stood at 15.31% in 2022, then tumbled by 1708 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 plunged by 129 bps to 1.79% in 2026.
  • Business Quant data shows TSNDF's Net Margin at 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 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 9.19%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 26.57%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 35.18%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 2.94%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 24.30%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 4.16%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -168.42%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -15.15%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 31.38%
10 TerrAscend - - 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 -15.31%
Sep 30, 2022 -15.74%
Jun 30, 2022 -4.22%
Mar 31, 2022 -4.64%
Dec 31, 2021 14.25%
Sep 30, 2021 110.48%
Jun 30, 2021 -50.51%