TerrAscend (TSNDF) Operating Expenses (2021 - 2026)

On a trailing twelve-month basis, TerrAscend's Operating Expenses was $96.82 million through Jun 30, 2026, up 2.9% year-over-year; for FY2025, it was $94.3 million, down 2.7% from FY2024.

• Operating Expenses has now declined for three consecutive years, though with a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
• In earlier years, Operating Expenses was $96.95 million in FY2024 (-10.5%), $108.28 million in FY2023 (-75.2%), $437.42 million in FY2022 (+388.2%) and $89.59 million in FY2021 (+37.6%).
• Quarterly Operating Expenses has moved between $12.83 million (Q4 2021) and $361.25 million (Q3 2022) over five years.
• Compared with a year earlier, Operating Expenses has increased for three straight quarters, with growth averaging 2.4% over the last eight quarters.
• The best year-over-year quarter for Operating Expenses over five years was Q2 2022 (growth of 57.1%); the worst was Q3 2023 (a decline of 91.7%).
• Per Business Quant data, TSNDF's Operating Expenses in the three quarters before Q2 2026 was $23.08 million (Q1 2026), $26.82 million (Q4 2025) and $22.78 million (Q3 2025).