TerrAscend Corp. (TSX:TSND)

Canada · Delayed Price · Currency is CAD

0.7600

+0.0100 (1.33%)

Jul 24, 2026, 3:59 PM EST

TerrAscend Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	261.79	260.56	268.08	250.51	247.83	194.21
Revenue Growth	-0.50%	-2.80%	7.01%	1.08%	27.61%	-
Gross Profit	136.24	136.32	135.87	138.02	101.5	112.5
Operating Income	41.3	42.02	38.92	29.74	-335.92	22.91
Net Income	-77.07	-81.33	-72.67	-86.73	-325.35	6.14
Earnings Per Share	-0.27	-0.29	-0.28	-0.34	-1.35	0.01
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
United States	260.96	259.71	267.04	249.58
Canada	0.84	0.85	1.04	0.93
Total	261.79	260.56	268.08	250.51

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	39.48	37.89	28.71	27.26	30.36	79.64
Total Debt	253.85	256.49	231.32	255.7	234.82	211.44
Net Cash (Debt)	-214.37	-218.6	-202.61	-228.44	-204.47	-131.79
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.70	-0.73	-0.70	-0.82	-0.84	-0.63

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	22.01	21.53	37.95	27.47	-26.12	-31.82
Capital Expenditures	-7.02	-8.61	-6.87	-4.87	-40.9	-39.84
Free Cash Flow	14.99	12.91	31.08	22.6	-67.03	-71.65
Free Cash Flow Growth	-42.56%	-58.45%	37.54%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	52.04%	52.32%	50.68%	55.09%	40.96%	57.93%
Operating Margin	15.78%	16.13%	14.52%	11.87%	-135.54%	11.80%
Pretax Margin	2.12%	1.91%	1.58%	-1.69%	-125.16%	22.93%
Profit Margin	-9.04%	-9.40%	-7.79%	-11.03%	-120.81%	8.06%
FCF Margin	5.73%	4.96%	11.60%	9.02%	-27.04%	-36.89%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	-	-	614.76
Forward PE	-	87.59	87.59	87.59	87.59	77.40
P/FCF Ratio	11.02	17.23	6.05	21.16	-	-
PS Ratio	0.63	0.85	0.70	1.91	1.20	6.04