TerrAscend (TSNDF) Work In Process (2021 - 2026)
TerrAscend (TSNDF) reported Work In Process of $15.6 million for Q1 2026, down 34.48% year-over-year from $23.8 million in Q1 2025, and little changed quarter-over-quarter 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.
- Work In Process for Q1 2026 came in at $15.6 million, down 34.48% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.6 million (down 34.48% YoY), and the FY2025 annual result was $15.5 million, down 27.91% from the prior year.
- Work In Process steadied at $15.6 million in Q1 2026 per TSNDF's latest filing, from $15.5 million in the prior quarter.
- Over five years, Work In Process peaked at $38.7 million in Q1 2022 and troughed at $15.5 million in Q4 2025.
- A 5-year average of $25.1 million and a median of $27.0 million in 2024 frame the typical range for Work In Process.
- The sharpest annual moves came in 2023 and 2025: Work In Process increased 7.74% in 2023, then plunged 40.83% in 2025.
- A 5-year view of Work In Process shows it stood at $26.4 million in 2022, then increased by 7.74% to $28.5 million in 2023, then decreased by 24.26% to $21.5 million in 2024, then decreased by 27.91% to $15.5 million in 2025, then climbed by 0.21% to $15.6 million in 2026.
- Business Quant data shows TSNDF's Work In Process at $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 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn |
| 10 | TerrAscend | - | - | 34.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |