TerrAscend (TSNDF) Operating Expenses (2021 - 2026)

TerrAscend (TSNDF) reported Operating Expenses of $23.1 million for Q1 2026, up 2.87% year-over-year from $22.4 million in Q1 2025, and down 13.93% quarter-over-quarter from $26.8 million in Q4 2025.

TerrAscend (TSNDF) Operating Expenses (2021 - 2026) Analysis & Trends

TerrAscend (TSNDF) has 6 years of Operating Expenses data on file, last reported at $23.1 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $23.1 million, up 2.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $94.9 million (changed 0.39% YoY), and the FY2025 annual result was $94.3 million, down 2.73% from the prior year.
  • Operating Expenses slipped to $23.1 million in Q1 2026 per TSNDF's latest filing, from $26.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $361.2 million in Q3 2022 and troughed at $15.4 million in Q4 2023.
  • A 5-year average of $45.2 million and a median of $23.6 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 1452.61% in 2022, then slumped 91.67% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $17.1 million in 2022, then fell by 9.92% to $15.4 million in 2023, then soared by 52.57% to $23.5 million in 2024, then rose by 14.32% to $26.8 million in 2025, then declined by 13.93% to $23.1 million in 2026.
  • Business Quant data shows TSNDF's Operating Expenses at $23.1 million in Q1 2026, $26.8 million in Q4 2025, and $22.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 526.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 788.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 455.70 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 19.40 Mn
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 621.10 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 478.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 441.19 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 475.11 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 96.91 Mn
10 TerrAscend - - 34.60 Mn 23.08 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.08 Mn
Dec 31, 2025 26.82 Mn
Sep 30, 2025 22.78 Mn
Jun 30, 2025 22.26 Mn
Mar 31, 2025 22.44 Mn
Dec 31, 2024 23.46 Mn
Sep 30, 2024 25.96 Mn
Jun 30, 2024 22.72 Mn
Mar 31, 2024 32.66 Mn
Dec 31, 2023 15.38 Mn
Sep 30, 2023 30.08 Mn
Jun 30, 2023 32.73 Mn
Mar 31, 2023 30.09 Mn
Dec 31, 2022 17.07 Mn
Sep 30, 2022 361.25 Mn
Jun 30, 2022 35.51 Mn
Mar 31, 2022 23.60 Mn
Dec 31, 2021 12.83 Mn
Sep 30, 2021 23.27 Mn
Jun 30, 2021 22.59 Mn