TerrAscend annual operating expenses
2020
2021
2022
2023
2024
2025
TerrAscend Operating Expenses Growth & History (TSNDF)
TerrAscend's operating expenses was $94.3M for fiscal 2025.
View full TerrAscend company overviewTerrAscend annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $94.3M | −$2.6M | −2.73% |
| 2024 | 2024-12-31 | $96.9M | −$11.3M | −10.47% |
| 2023 | 2023-12-31 | $108.3M | −$329.1M | −75.25% |
| 2022 | 2022-12-31 | $437.4M | $347.8M | +388.23% |
| 2021 | 2021-12-31 | $89.6M | $24.5M | +37.55% |
| 2020 | 2020-12-31 | $65.1M | — | — |
TerrAscend quarterly operating expenses
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $24.1M | $1.9M | +8.41% |
| Q1 2026 | 2026-03-31 | $23.1M | $643,000 | +2.87% |
| Q4 2025 | 2025-12-31 | $26.8M | $11.2M | +71.83% |
| Q3 2025 | 2025-09-30 | $22.8M | −$3.2M | −12.22% |
| Q2 2025 | 2025-06-30 | $22.3M | −$457,000 | −2.01% |
| Q1 2025 | 2025-03-31 | $22.4M | −$10.2M | −31.30% |
| Q4 2024 | 2024-12-31 | $15.6M | $232,000 | +1.51% |
| Q3 2024 | 2024-09-30 | $26.0M | −$4.1M | −13.72% |
| Q2 2024 | 2024-06-30 | $22.7M | −$10.0M | −30.58% |
| Q1 2024 | 2024-03-31 | $32.7M | $2.6M | +8.53% |
| Q4 2023 | 2023-12-31 | $15.4M | −$1.7M | −9.92% |
| Q3 2023 | 2023-09-30 | $30.1M | −$331.2M | −91.67% |
| Q2 2023 | 2023-06-30 | $32.7M | −$2.8M | −7.82% |
| Q1 2023 | 2023-03-31 | $30.1M | $6.5M | +27.52% |
| Q4 2022 | 2022-12-31 | $17.1M | −$4.4M | −20.49% |
| Q3 2022 | 2022-09-30 | $361.2M | $338.0M | +1452.61% |
| Q2 2022 | 2022-06-30 | $35.5M | $12.9M | +57.15% |
| Q1 2022 | 2022-03-31 | $23.6M | $1.3M | +5.99% |
| Q4 2021 | 2021-12-31 | $21.5M | — | — |
| Q3 2021 | 2021-09-30 | $23.3M | — | — |
| Q2 2021 | 2021-06-30 | $22.6M | — | — |
| Q1 2021 | 2021-03-31 | $22.3M | — | — |
TerrAscend operating expenses trends
Over the last five fiscal years, TerrAscend's operating expenses increased from $65.1M to $94.3M, a change of $29.2M. The latest reported quarter, Q2 2026, shows $24.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review TerrAscend source filings ↗