TerrAscend reported revenue of $67.12M and net income of -$10.06M for the quarter ended Jun 2026, up 3.3% year over year. This income statement covers 23 quarters of results from Dec 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||
| Revenue | 50.54M | 25.20M | 49.06M | 64.22M | 66.57M | 67.98M | 69.40M | 72.12M | 89.24M | 19.75M | 80.63M | 67.20M | 65.16M | 66.45M | 64.30M | 65.01M | 65.10M | 66.15M | 65.54M | 67.12M | |||
| Cost of RevenueCost of Rev | 27.64M | 11.77M | 32.96M | 40.01M | 35.11M | 38.24M | 35.50M | 35.90M | 41.44M | -0.34M | 41.90M | 33.84M | 31.95M | 31.32M | 29.62M | 31.77M | 31.18M | 31.67M | 30.94M | 30.87M | |||
| Gross Profit | 21.50M | 21.23M | 15.62M | 23.95M | 31.13M | 30.80M | 33.90M | 36.23M | 47.80M | 20.09M | 38.73M | 33.36M | 33.21M | 35.13M | 34.68M | 33.23M | 33.92M | 34.48M | 34.60M | 36.25M | |||
| Operating items | |||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 2.14M | 0.22M | 2.19M | 3.03M | 2.71M | 2.41M | 3.26M | 3.40M | 2.48M | -1.04M | 3.04M | 2.21M | 2.23M | 2.30M | 2.41M | 2.24M | 2.20M | 2.30M | 2.36M | 2.34M | |||
| Selling, General & AdministrativeSG&A | 21.32M | 12.64M | 21.42M | 32.92M | 27.40M | 33.84M | 27.73M | 30.48M | 29.30M | -3.96M | 28.01M | 22.63M | 24.72M | 22.20M | 21.15M | 20.98M | 21.33M | 22.78M | 21.50M | 22.85M | |||
| Other Operating ExpensesOther Opex | -0.22M | -3.02M | -0.02M | -0.84M | 0.08M | -19.18M | -0.89M | -0.01M | 1.88M | -0.31M | 1.62M | 1.17M | -0.01M | 0.02M | -1.12M | -0.95M | -0.74M | 1.73M | -0.04M | ||||
| Operating ExpensesOpex | 23.27M | 12.83M | 23.60M | 35.51M | 361.25M | 17.07M | 30.09M | 32.73M | 30.08M | 15.38M | 32.66M | 22.72M | 25.96M | 23.46M | 22.44M | 22.26M | 22.78M | 26.82M | 23.08M | 24.14M | |||
| Operating IncomeOp. Inc | -1.77M | 8.40M | -7.97M | -11.55M | -330.12M | 13.73M | 3.81M | 3.50M | 17.72M | 4.71M | 6.07M | 10.64M | 7.25M | 11.67M | 12.24M | 10.97M | 11.14M | 7.67M | 11.52M | 12.11M | |||
| EBIT | -1.77M | 8.40M | -7.97M | -11.55M | -330.12M | 13.73M | 3.81M | 3.50M | 17.72M | 4.71M | 6.07M | 10.64M | 7.25M | 11.67M | 12.24M | 10.97M | 11.14M | 7.67M | 11.52M | 12.11M | |||
| Non-operating items | |||||||||||||||||||||||
| Non Operating Interest Expenses | 7.07M | 7.00M | 6.92M | 6.98M | 6.68M | 6.96M | 7.45M | 7.74M | 7.42M | 7.21M | |||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | -0.23M | 0.23M | 0.05M | -0.70M | -1.66M | -0.01M | -0.24M | -0.23M | 0.01M | -0.03M | -0.74M | 0.01M | -0.00M | -0.63M | -0.27M | ||||||||
| Other Non Operating IncomeOther Non Op Inc. | 1.26M | -0.07M | -0.36M | -1.15M | 1.10M | 29.23M | 0.03M | -0.21M | -0.12M | 11.87M | -0.28M | 0.18M | -2.10M | 6.95M | 0.09M | 0.65M | -1.43M | 0.43M | 0.54M | ||||
| Net income details | |||||||||||||||||||||||
| EBT | 60.83M | 11.10M | -10.01M | 21.55M | -334.59M | 12.87M | -6.51M | -6.41M | 5.10M | 3.58M | -5.18M | 2.84M | -2.56M | 5.51M | 2.84M | 3.19M | 1.13M | -2.19M | 3.42M | 1.53M | |||
| Tax ProvisionsTaxes | 5.00M | 8.75M | 3.74M | 4.69M | -34.03M | -39.54M | 12.66M | 6.45M | 13.54M | 0.98M | 9.67M | 9.13M | 13.27M | -4.92M | 10.51M | 9.60M | 11.03M | -1.14M | 10.25M | 11.59M | |||
| Profit After TaxPAT | 55.84M | 3.59M | -16.01M | 16.86M | -310.99M | -12.13M | -22.77M | -13.48M | -8.67M | -41.62M | -14.85M | -6.24M | -23.29M | -28.95M | -12.27M | -48.96M | -24.56M | 3.42M | -8.00M | -10.06M | |||
| Income from Non-Controlling InterestsInc. Minority | 1.41M | 0.67M | 0.35M | 0.94M | 2.23M | -8.22M | 2.19M | 2.14M | 2.16M | -4.45M | 2.20M | 1.94M | 1.73M | 1.69M | 1.30M | 1.28M | 1.21M | 1.11M | 1.06M | 1.11M | |||
| Income from Continuing OperationsIncome (Continuing) | 55.84M | 2.35M | -13.75M | 16.86M | -300.56M | 52.41M | -19.18M | -12.86M | -8.44M | 2.59M | -14.85M | -6.29M | -15.84M | 10.43M | -7.67M | -6.41M | -9.91M | -1.04M | -6.83M | -10.06M | |||
| Income from Discontinued OperationsIncome (Discontinued) | -2.26M | -2.70M | -10.42M | -10.57M | -3.59M | -0.62M | -0.23M | -54.66M | 0.05M | -5.58M | -40.59M | -4.60M | -41.70M | -14.65M | 4.11M | -1.18M | 2.00M | ||||||
| Consolidated Net IncomeConsol Net Inc. | 55.84M | 2.35M | -16.01M | 14.16M | -310.99M | 41.83M | -22.77M | -13.48M | -8.67M | -52.07M | -14.85M | -6.24M | -21.42M | -30.16M | -12.27M | -48.11M | -24.55M | 3.07M | -8.00M | -8.05M | |||
| Income towards Parent CompanyParent Net Inc | 55.84M | 2.35M | -16.01M | 14.16M | -310.99M | 41.83M | -22.77M | -13.48M | -8.67M | -52.07M | -14.85M | -6.24M | -21.42M | -30.16M | -12.27M | -48.11M | -24.55M | 3.07M | -8.00M | -8.05M | |||
| Net Income towards Common StockholdersNet Income | 55.84M | 2.35M | -16.01M | 14.16M | -310.99M | 41.83M | -22.77M | -13.48M | -8.67M | -52.07M | -14.85M | -6.24M | -21.42M | -30.16M | -12.27M | -48.11M | -24.55M | 3.07M | -8.00M | -8.05M | |||
| Additional items | |||||||||||||||||||||||
| EPS (Basic) | 0.30 | 0.01 | -0.08 | 0.06 | -1.22 | 0.17 | -0.09 | -0.05 | -0.03 | -0.19 | -0.05 | -0.02 | -0.07 | -0.10 | -0.04 | -0.16 | -0.08 | 0.01 | -0.03 | -0.03 | |||
| EPS (Diluted) | 0.26 | 0.01 | -0.08 | 0.05 | -1.22 | 0.17 | -0.09 | -0.05 | -0.03 | -0.19 | -0.05 | -0.02 | -0.07 | -0.10 | -0.04 | -0.16 | -0.08 | 0.01 | -0.03 | -0.03 | |||
| Shares Outstanding | 184.44M | 181.06M | 211.13M | 252.31M | 254.36M | 244.35M | 267.21M | 275.19M | 287.07M | 279.29M | 290.62M | 291.49M | 291.65M | 291.51M | 293.12M | 299.09M | 306.30M | 301.08M | 308.53M | 309.36M | |||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 214.13M | 208.71M | 211.13M | 257.88M | 254.36M | 244.35M | 267.21M | 275.19M | 287.07M | 279.29M | 290.62M | 291.49M | 291.65M | 291.51M | 293.12M | 299.09M | 306.30M | 301.08M | 308.53M | 309.36M | |||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 184.44M | 190.93M | 251.97M | 252.71M | 257.86M | 259.62M | 274.65M | 286.81M | 287.27M | 288.33M | 290.62M | 291.51M | 292.39M | 293.23M | 292.65M | 306.12M | 306.97M | 308.53M | 308.42M | 309.18M | |||
| EBITDA | 0.37M | 8.62M | -5.78M | -8.53M | -327.40M | 16.14M | 7.06M | 6.89M | 20.20M | 3.67M | 9.11M | 12.85M | 9.48M | 13.97M | 14.65M | 13.21M | 13.34M | 9.97M | 13.88M | 14.45M | |||
| Interest ExpensesInt Expense | 7.07M | 7.00M | 6.92M | 6.98M | 6.68M | 6.96M | 7.45M | 7.74M | 7.42M | 7.21M | |||||||||||||
| Tax Rate | 8.22% | 78.86% | -37.40% | 21.76% | 10.17% | -307.23% | -194.41% | -100.64% | 265.34% | 27.54% | -186.70% | 321.22% | -517.87% | -89.29% | 369.70% | 300.69% | 979.06% | 52.22% | 299.62% | 758.31% |