TerrAscend (TSNDF) Work In Process (2021 - 2026)
TerrAscend's Work In Process came in at $15.01 million for Q2 2026, down 13.2% from $17.3 million a year earlier and down 3.6% from the prior quarter.
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Analysis
TerrAscend (TSNDF) Work In Process (2021 - 2026) Analysis & Trends
At the end of FY2025, TerrAscend's Work In Process was $15.54 million, down 27.9% from FY2024.
- Work In Process carries a four-year compound annual growth rate of -12.7% (FY2021 to FY2025).
- Going back by year, Work In Process was $21.55 million in FY2024 (-24.3%), $28.45 million in FY2023 (+7.7%), $26.41 million in FY2022 (-1.4%) and $26.78 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Work In Process in data going back to Q4 2021.
- Year-over-year, Work In Process has declined for eight consecutive quarters, with an average decline of 24.4% over the last eight quarters.
- The fastest year-over-year change in Work In Process over five years came in Q4 2023 (growth of 7.7%), and the weakest in Q3 2025 (a decline of 40.8%).
- Business Quant data shows TSNDF's Work In Process at $15.57 million (Q1 2026), $15.54 million (Q4 2025) and $16.42 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn |
| 10 | TerrAscend | 191.69 Mn | 39.35 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 |
API Access
TerrAscend Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=TSNDF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "TSNDF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=TSNDF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();