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| Date | Value |
|---|---|
| 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% |