TerrAscend (TSNDF) Work In Process (2021 - 2026)

TerrAscend's (TSNDF) quarterly Work In Process came in at $15.6 million in Q1 2026, down 34.48% year-on-year from $23.8 million in Q1 2025, and little changed on a QoQ basis from $15.5 million in Q4 2025.

TerrAscend (TSNDF) Work In Process (2021 - 2026) Analysis & Trends

TerrAscend (TSNDF) has 6 years of Work In Process data on file, last reported at $15.6 million in Q1 2026.

  • On a quarterly basis, Work In Process fell 34.48% year-over-year to $15.6 million in Q1 2026; TTM through Mar 2026 was $15.6 million, a 34.48% 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 for Q1 2026 stood at $15.6 million, roughly flat from $15.5 million in the prior quarter.
  • Over the last five years, Work In Process for TSNDF reached as high as $38.7 million in Q1 2022 and fell as low as $15.5 million in Q4 2025.
  • Historically, Work In Process has averaged $25.1 million across 5 years, with a median of $27.0 million in 2024.
  • Across the five-year window, Work In Process climbed 7.74% in 2023 and slumped 40.83% in 2025, its largest moves.
  • Year by year, Work In Process stood at $26.4 million in 2022, then advanced by 7.74% to $28.5 million in 2023, then declined by 24.26% to $21.5 million in 2024, then declined by 27.91% to $15.5 million in 2025, then rose by 0.21% to $15.6 million in 2026.
  • Per Business Quant data, the three most recent Work In Process figures were $15.6 million in Q1 2026, $15.5 million in Q4 2025, and $16.4 million in Q3 2025.

Peer Comparison

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

Historic Data

Download Data
DateValue
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