TerrAscend (TSNDF) Tax Rate (2021 - 2026)

TerrAscend's (TSNDF) quarterly Tax Rate came in at 299.62% in Q1 2026, down 7008.0% year-on-year from 4.34% in Q1 2025, and up 291.31% on a QoQ basis from 76.57% 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.

  • On a quarterly basis, Tax Rate fell 7008.0% year-over-year to 299.62% in Q1 2026; TTM through Mar 2026 was 525.81%, a 53431.0% increase from a year earlier, with the FY2025 full-year figure at 592.04%, up 67658.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 299.62%, up from 76.57% in the prior quarter.
  • Over the last five years, Tax Rate for TSNDF reached as high as 979.06% in Q3 2025 and fell as low as 610.73% in Q4 2024.
  • Historically, Tax Rate has averaged 68.7% across 5 years, with a median of 27.54% in 2023.
  • Across the five-year window, Tax Rate sank 78321 bps in 2024 and soared 149693 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 144.03% in 2022, then slumped by 81 bps to 27.54% in 2023, then sank by 2317 bps to 610.73% in 2024, then surged by 113 bps to 76.57% in 2025, then surged by 291 bps to 299.62% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 299.62% in Q1 2026, 76.57% in Q4 2025, and 979.06% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 15.33%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 20.71%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -23.33%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 13.63%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 171.33%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 19.81%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 34.48%
10 TerrAscend 160.44 Mn 162.98 Mn 34.60 Mn 299.62%

Historic Data

Download Data
DateValue
Mar 31, 2026 299.62%
Mar 31, 2026 299.62%
Mar 31, 2026 299.62%
Dec 31, 2025 76.57%
Dec 31, 2025 76.57%
Dec 31, 2025 76.57%
Sep 30, 2025 979.06%
Sep 30, 2025 979.06%
Sep 30, 2025 979.06%
Jun 30, 2025 300.69%
Jun 30, 2025 300.69%
Jun 30, 2025 300.69%
Mar 31, 2025 369.70%
Mar 31, 2025 369.70%
Mar 31, 2025 369.70%
Dec 31, 2024 -610.73%
Dec 31, 2024 -610.73%
Dec 31, 2024 -610.73%
Sep 30, 2024 -517.87%
Sep 30, 2024 -517.87%