TerrAscend (TSNDF) Tax Rate (2021 - 2026)
TerrAscend (TSNDF) posted quarterly Tax Rate of 299.62% for Q1 2026, down 7008.0% year-over-year from 4.34% in Q1 2025, and up 291.31% quarter-over-quarter from 76.57% in Q4 2025.
TerrAscend (TSNDF) Tax Rate (2021 - 2026) Analysis & Trends
TerrAscend (TSNDF) has reported Tax Rate for 6 consecutive years, with 299.62% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 7008.0% year-over-year to 299.62%; the TTM figure through Mar 2026 stood at 525.81% (up 53431.0% YoY), while the FY2025 annual figure was 592.04%, up 67658.0% from the prior year.
- Tax Rate rose to 299.62% in Q1 2026 per TSNDF's latest filing, from 76.57% in the prior quarter.
- Across five years, Tax Rate topped out at 979.06% in Q3 2025 and bottomed at 610.73% in Q4 2024.
- Historically, Tax Rate has averaged 68.7% across 5 years, with a median of 27.54% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate tumbled 78321 bps — and 2025, when it surged 149693 bps.
- TerrAscend's 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 soared by 113 bps to 76.57% in 2025, then soared by 291 bps to 299.62% in 2026.
- Business Quant data shows TSNDF's Tax Rate at 299.62% in Q1 2026, 76.57% in Q4 2025, and 979.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 44.51 Bn | 43.55 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.52 Bn | 39.86 Bn | 2.15 Bn | -26.59% |
| 3 | Zoetis | 32.43 Bn | 30.75 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.63 Bn | 22.83 Bn | 5.10 Bn | -30.40% |
| 5 | United Therapeutics | 21.87 Bn | 19.21 Bn | 683.80 Mn | 10.65% |
| 6 | Viatris | 18.98 Bn | 18.09 Bn | 1.46 Bn | -85.63% |
| 7 | Neurocrine Biosciences | 15.43 Bn | 15.04 Bn | 935.80 Mn | 10.97% |
| 8 | Elanco Animal Health | 12.02 Bn | 11.49 Bn | 798.00 Mn | 3.57% |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.98 Bn | - | - |
| 10 | TerrAscend | 197.99 Mn | 155.88 Mn | 36.25 Mn | 758.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 758.31% |
| Jun 30, 2026 | 758.31% |
| Jun 30, 2026 | 758.31% |
| 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% |