TerrAscend (TSNDF) Operating Leases (2021 - 2026)
TerrAscend (TSNDF) recorded Operating Leases of $28.95 million in Q2 2026, down 6.7% from $31.04 million a year earlier and down 2.0% from the prior quarter.
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Analysis
TerrAscend (TSNDF) Operating Leases (2021 - 2026) Analysis & Trends
At the end of FY2025, TerrAscend reported Operating Leases of $28.56 million, down 6.9% from FY2024.
- Annual Operating Leases has a four-year compound annual growth rate of -1.7% (FY2021 to FY2025).
- Across earlier years, Operating Leases came in at $30.66 million in FY2024 (-32.4%), $45.38 million in FY2023 (+43.9%), $31.55 million in FY2022 (+3.2%) and $30.57 million in FY2021.
- Quarterly Operating Leases has ranged from $28.56 million in Q4 2025 to $46.44 million in Q3 2023 over the past five years.
- On a year-over-year basis, Operating Leases has declined for eight consecutive quarters, with an average decline of 18.0% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 49.5% in Q3 2023, against a decline of 32.4% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $29.55 million (Q1 2026), $28.56 million (Q4 2025) and $30.54 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn |
| 10 | TerrAscend | 191.69 Mn | 39.35 Mn | 36.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.95 Mn |
| Mar 31, 2026 | 29.55 Mn |
| Dec 31, 2025 | 28.56 Mn |
| Sep 30, 2025 | 30.54 Mn |
| Jun 30, 2025 | 31.04 Mn |
| Mar 31, 2025 | 41.41 Mn |
| Dec 31, 2024 | 30.66 Mn |
| Sep 30, 2024 | 43.10 Mn |
| Jun 30, 2024 | 42.65 Mn |
| Mar 31, 2024 | 43.97 Mn |
| Dec 31, 2023 | 45.38 Mn |
| Sep 30, 2023 | 46.44 Mn |
| Jun 30, 2023 | 35.21 Mn |
| Mar 31, 2023 | 31.84 Mn |
| Dec 31, 2022 | 31.55 Mn |
| Sep 30, 2022 | 31.06 Mn |
| Jun 30, 2022 | 31.68 Mn |
| Mar 31, 2022 | 32.45 Mn |
| Dec 31, 2021 | 30.57 Mn |
API Access
TerrAscend Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=TSNDF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "TSNDF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=TSNDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();