TerrAscend annual gross margin
2020
2021
2022
2023
2024
2025
TerrAscend Gross Margin Growth & History (TSNDF)
TerrAscend's gross margin was 52.32% for fiscal 2025.
View full TerrAscend company overviewTerrAscend annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 52.32% | +1.64 pp |
| 2024 | 2024-12-31 | 50.68% | −4.41 pp |
| 2023 | 2023-12-31 | 55.09% | +14.14 pp |
| 2022 | 2022-12-31 | 40.96% | −16.97 pp |
| 2021 | 2021-12-31 | 57.93% | −6.91 pp |
| 2020 | 2020-12-31 | 64.84% | — |
TerrAscend quarterly gross margin
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 | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 54.01% | +2.88 pp |
| Q1 2026 | 2026-03-31 | 52.80% | −1.14 pp |
| Q4 2025 | 2025-12-31 | 52.13% | −3.36 pp |
| Q3 2025 | 2025-09-30 | 52.11% | +1.14 pp |
| Q2 2025 | 2025-06-30 | 51.13% | +1.48 pp |
| Q1 2025 | 2025-03-31 | 53.93% | +5.90 pp |
| Q4 2024 | 2024-12-31 | 55.49% | −46.23 pp |
| Q3 2024 | 2024-09-30 | 50.97% | −2.60 pp |
| Q2 2024 | 2024-06-30 | 49.64% | −0.58 pp |
| Q1 2024 | 2024-03-31 | 48.03% | −0.81 pp |
| Q4 2023 | 2023-12-31 | 101.72% | +57.11 pp |
| Q3 2023 | 2023-09-30 | 53.57% | +6.57 pp |
| Q2 2023 | 2023-06-30 | 50.23% | +12.78 pp |
| Q1 2023 | 2023-03-31 | 48.85% | +16.69 pp |
| Q4 2022 | 2022-12-31 | 44.61% | −19.73 pp |
| Q3 2022 | 2022-09-30 | 47.00% | +3.25 pp |
| Q2 2022 | 2022-06-30 | 37.45% | −21.87 pp |
| Q1 2022 | 2022-03-31 | 32.16% | −33.33 pp |
| Q4 2021 | 2021-12-31 | 64.34% | — |
| Q3 2021 | 2021-09-30 | 43.75% | — |
| Q2 2021 | 2021-06-30 | 59.32% | — |
| Q1 2021 | 2021-03-31 | 65.49% | — |
TerrAscend gross margin trends
Over the last five reported fiscal years, TerrAscend's gross margin decreased from 64.84% to 52.32%, a change of −12.52 percentage points. The latest reported quarter, Q2 2026, shows 54.01%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review TerrAscend filings at SEC.gov ↗