TerrAscend (TSNDF) Operating Margin (2021 - 2026)

TerrAscend (TSNDF) reported Operating Margin of 17.58% for Q1 2026, down 146.0% year-over-year from 38.21% in Q1 2025, and up 51.7% quarter-over-quarter from 11.59% in Q4 2025.

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

TerrAscend (TSNDF) has 6 years of Operating Margin data on file, last reported at 17.58% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 17.58%, down 146.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.77% (up 1434.0% YoY), and the FY2025 annual result was 16.13%, up 1579.0% from the prior year.
  • Operating Margin grew to 17.58% in Q1 2026 per TSNDF's latest filing, from 11.59% in the prior quarter.
  • Over five years, Operating Margin peaked at 412.08% in Q4 2022 and troughed at 498.34% in Q3 2022.
  • A 5-year average of 8.52% and a median of 11.13% in 2024 frame the typical range for Operating Margin.
  • On a YoY basis, Operating Margin climbed as much as 51820 bps in 2023 and fell as far as 54332 bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 412.08% in 2022, then slumped by 132 bps to 131.24% in 2023, then surged by 70 bps to 39.67% in 2024, then surged by 129 bps to 11.59% in 2025, then surged by 52 bps to 17.58% in 2026.
  • Business Quant data shows TSNDF's Operating Margin at 17.58% in Q1 2026, 11.59% in Q4 2025, and 17.11% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 16.37%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 36.83%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 41.69%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 20.77%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 23.74%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 22.39%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -122.23%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -12.88%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 21.55%
10 TerrAscend - - 34.60 Mn 17.58%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.58%
Dec 31, 2025 11.59%
Sep 30, 2025 17.11%
Jun 30, 2025 16.88%
Mar 31, 2025 19.04%
Dec 31, 2024 -39.67%
Sep 30, 2024 11.13%
Jun 30, 2024 15.83%
Mar 31, 2024 7.53%
Dec 31, 2023 -131.24%
Sep 30, 2023 19.86%
Jun 30, 2023 4.85%
Mar 31, 2023 5.48%
Dec 31, 2022 412.08%
Sep 30, 2022 -498.34%
Jun 30, 2022 -18.07%
Mar 31, 2022 -16.41%
Dec 31, 2021 33.34%
Sep 30, 2021 -3.50%
Jun 30, 2021 20.85%