TerrAscend annual free cash flow
2020
2021
2022
2023
2024
2025
TerrAscend Free Cash Flow (FCF) History (TSNDF)
TerrAscend reported $12.9M in free cash flow for fiscal 2025, a decrease of 58.45% from the previous fiscal year, with a free cash flow margin of 4.96%.
View full TerrAscend company overviewTerrAscend free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $12.9M | −$18.2M | −58.45% | +4.96% |
| 2024 | 2024-12-31 | $31.1M | $8.5M | +37.54% | +11.60% |
| 2023 | 2023-12-31 | $22.6M | $88.4M | — | +9.02% |
| 2022 | 2022-12-31 | −$65.8M | $5.9M | — | −26.53% |
| 2021 | 2021-12-31 | −$71.7M | $9.1M | — | −36.89% |
| 2020 | 2020-12-31 | −$80.8M | — | — | −61.11% |
TerrAscend quarterly free cash flow
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.9M | $4.4M | +840.95% | +7.36% |
| Q1 2026 | 2026-03-31 | $7.6M | $2.0M | +35.00% | +11.63% |
| Q4 2025 | 2025-12-31 | $6.3M | −$695,000 | −9.94% | +9.52% |
| Q3 2025 | 2025-09-30 | $445,000 | −$1.6M | −78.25% | +0.68% |
| Q2 2025 | 2025-06-30 | $525,000 | −$11.1M | −95.47% | +0.81% |
| Q1 2025 | 2025-03-31 | $5.6M | −$4.8M | −46.00% | +8.78% |
| Q4 2024 | 2024-12-31 | $7.0M | −$1.1M | −13.30% | +12.69% |
| Q3 2024 | 2024-09-30 | $2.0M | −$5.2M | −71.63% | +3.14% |
| Q2 2024 | 2024-06-30 | $11.6M | $12.9M | — | +17.25% |
| Q1 2024 | 2024-03-31 | $10.5M | $4.5M | +76.10% | +12.97% |
| Q4 2023 | 2023-12-31 | $8.1M | $16.1M | — | +40.85% |
| Q3 2023 | 2023-09-30 | $7.2M | $17.4M | — | +8.08% |
| Q2 2023 | 2023-06-30 | −$1.3M | $23.5M | — | −1.83% |
| Q1 2023 | 2023-03-31 | $5.9M | $28.6M | — | +8.56% |
| Q4 2022 | 2022-12-31 | −$8.0M | $8.9M | — | −11.65% |
| Q3 2022 | 2022-09-30 | −$10.2M | $23.6M | — | −15.45% |
| Q2 2022 | 2022-06-30 | −$24.8M | −$6.0M | — | −38.80% |
| Q1 2022 | 2022-03-31 | −$22.7M | −$20.6M | — | −46.64% |
| Q4 2021 | 2021-12-31 | −$16.9M | — | — | −51.32% |
| Q3 2021 | 2021-09-30 | −$33.8M | — | — | −68.76% |
| Q2 2021 | 2021-06-30 | −$18.8M | — | — | −32.07% |
| Q1 2021 | 2021-03-31 | −$2.1M | — | — | −3.93% |
TerrAscend free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$80.8M to $12.9M, a net increase of $93.7M. TerrAscend's latest reported quarter, Q2 2026, generated $4.9M in free cash flow, an increase of 840.95% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review TerrAscend filings at SEC.gov ↗