TerrAscend (TSNDF) Tax Rate (2021 - 2026)
TerrAscend (TSNDF) reported Tax Rate of 299.62% for Q1 2026, down 7008.0% year-over-year from 4.34% in Q1 2025, and up 473.77% quarter-over-quarter from 52.22% in Q4 2025.
TerrAscend (TSNDF) Tax Rate (2021 - 2026) Analysis & Trends
TerrAscend (TSNDF) has 6 years of Tax Rate data on file, last reported at 299.62% in Q1 2026.
- Tax Rate for Q1 2026 came in at 299.62%, down 7008.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 535.39% (up 21101.0% YoY), and the FY2025 annual result was 602.73%, up 1037.0% from the prior year.
- Tax Rate advanced to 299.62% in Q1 2026 per TSNDF's latest filing, from 52.22% in the prior quarter.
- Over five years, Tax Rate peaked at 979.06% in Q3 2025 and troughed at 517.87% in Q3 2024.
- A 5-year average of 79.38% and a median of 21.76% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 78321 bps in 2024, then surged 149693 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 115.15% in 2022, then tumbled by 325 bps to 259.2% in 2023, then soared by 66 bps to 89.29% in 2024, then soared by 158 bps to 52.22% in 2025, then jumped by 474 bps to 299.62% in 2026.
- Business Quant data shows TSNDF's Tax Rate at 299.62% in Q1 2026, 52.22% in Q4 2025, and 979.06% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 15.33% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 20.71% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 13.63% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | -20.44% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 19.81% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 34.48% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -7.43% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 24.29% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 9.29% |
| 10 | TerrAscend | - | - | 34.60 Mn | 299.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 299.62% |
| Mar 31, 2026 | 299.62% |
| Dec 31, 2025 | 52.22% |
| Dec 31, 2025 | 52.22% |
| Sep 30, 2025 | 979.06% |
| Sep 30, 2025 | 979.06% |
| Jun 30, 2025 | 300.69% |
| Jun 30, 2025 | 300.69% |
| Mar 31, 2025 | 369.70% |
| Mar 31, 2025 | 369.70% |
| Dec 31, 2024 | -89.29% |
| Dec 31, 2024 | -89.29% |
| Sep 30, 2024 | -517.87% |
| Sep 30, 2024 | -517.87% |
| Jun 30, 2024 | 321.22% |
| Jun 30, 2024 | 321.22% |
| Mar 31, 2024 | -186.70% |
| Mar 31, 2024 | -186.70% |
| Dec 31, 2023 | -259.20% |
| Dec 31, 2023 | -259.20% |