TerrAscend (TSNDF) Work In Process (2021 - 2026)
TerrAscend's (TSNDF) quarterly Work In Process came in at $15.0 million in Q2 2026, down 13.19% year-over-year from $17.3 million in Q2 2025, and down 3.55% quarter-over-quarter from $15.6 million in Q1 2026.
Analysis
TerrAscend (TSNDF) Work In Process (2021 - 2026) Analysis & Trends
TerrAscend (TSNDF) has reported Work In Process for 6 consecutive years, with $15.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Work In Process fell 13.19% year-over-year to $15.0 million in Q2 2026; TTM through Jun 2026 was $15.0 million, a 13.19% decrease from a year earlier, with the FY2025 full-year figure at $15.5 million, down 27.91% from the prior year.
- Work In Process was $15.0 million for Q2 2026 at TerrAscend, down from $15.6 million in the prior quarter.
- Over five years, Work In Process peaked at $38.7 million in Q1 2022 and troughed at $15.0 million in Q2 2026.
- A 5-year average of $24.5 million and a median of $26.9 million in 2023 frame the typical range for Work In Process.
- Across the five-year window, Work In Process grew 7.74% in 2023 and sank 40.83% in 2025, its largest moves.
- Over 5 years, Work In Process stood at $26.4 million in 2022, then grew by 7.74% to $28.5 million in 2023, then retreated by 24.26% to $21.5 million in 2024, then retreated by 27.91% to $15.5 million in 2025, then slipped by 3.35% to $15.0 million in 2026.
- The last three Work In Process figures came in at $15.0 million (Q2 2026), $15.6 million (Q1 2026), and $15.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn |
| 10 | TerrAscend | 201.74 Mn | 159.62 Mn | 36.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.01 Mn |
| Mar 31, 2026 | 15.57 Mn |
| Dec 31, 2025 | 15.54 Mn |
| Sep 30, 2025 | 16.42 Mn |
| Jun 30, 2025 | 17.30 Mn |
| Mar 31, 2025 | 23.76 Mn |
| Dec 31, 2024 | 21.55 Mn |
| Sep 30, 2024 | 27.76 Mn |
| Jun 30, 2024 | 26.95 Mn |
| Mar 31, 2024 | 27.56 Mn |
| Dec 31, 2023 | 28.45 Mn |
| Sep 30, 2023 | 29.21 Mn |
| Jun 30, 2023 | 26.89 Mn |
| Mar 31, 2023 | 28.72 Mn |
| Dec 31, 2022 | 26.41 Mn |
| Sep 30, 2022 | 27.70 Mn |
| Jun 30, 2022 | 27.84 Mn |
| Mar 31, 2022 | 38.73 Mn |
| Dec 31, 2021 | 26.78 Mn |