TerrAscend Corp.
TerrAscend Corp.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Series A Preferred Stock | - | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Series B Preferred Stock | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Series C Preferred Stock | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Series D Preferred Stock | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | |||||
Proportionate Voting Shares | - | - | - | - | - | - | - | - | - | - | 0 | - | |||||
Exchangeable Shares | - | 63 | 63 | 0 | 0 | 63 | 63 | 0 | 0 | 63 | 63 | 0 | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 42 | 39 | 37 | 37 | 27 | 29 | 26 | 27 | 27 | 23 | 22 | 25 | |||||
Restricted Cash And Cash Equivalents At Carrying V… | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 3 | 3 | 1 | |||||
Accounts Receivable Net Current | 16 | 16 | 17 | 17 | 20 | 19 | 20 | 18 | 17 | 17 | 19 | 15 | |||||
Short Term Investments | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Inventory Net | 39 | 36 | 34 | 34 | 35 | 47 | 40 | 51 | 51 | 49 | 52 | 57 | |||||
Prepaid Expense And Other Assets Current | 16 | 6 | 9 | 5 | 5 | 5 | 5 | 8 | 5 | 4 | 5 | 6 | |||||
Assets Of Disposal Group Including Discontinued Op… | 0 | 5 | 13 | 26 | 45 | - | 83 | - | - | - | - | 0 | |||||
Assets Current | 113 | 102 | 110 | 119 | 133 | 101 | 177 | 106 | 105 | 98 | 103 | 107 | |||||
Restricted Cash Noncurrent | - | - | - | - | - | - | - | - | - | - | - | 3 | |||||
Assets Noncurrent | |||||||||||||||||
Property Plant And Equipment Net | 124 | 131 | 130 | 126 | 126 | 184 | 124 | 191 | 193 | 194 | 196 | 199 | |||||
Deposits Assets Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Operating Lease Right Of Use Asset | 27 | 27 | 27 | 28 | 29 | 40 | 29 | 42 | 42 | 41 | 43 | 44 | |||||
Intangible Assets Net Excluding Goodwill | 175 | 177 | 167 | 172 | 173 | 168 | 170 | 211 | 213 | 214 | 216 | 274 | |||||
Goodwill | 114 | 111 | 110 | 110 | 110 | 107 | 107 | 107 | 107 | 107 | 107 | 106 | |||||
Other Assets Noncurrent | 1 | 1 | 14 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Assets Noncurrent | 440 | 447 | 447 | 436 | 439 | 500 | 430 | 551 | 555 | 558 | 564 | 627 | |||||
Assets | 554 | 549 | 557 | 555 | 572 | 601 | 607 | 657 | 660 | 656 | 667 | 735 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable And Accrued Liabilities Current | 40 | 40 | 40 | 36 | 37 | 44 | 40 | 46 | 47 | 50 | 50 | 51 | |||||
Deferred Revenue Current | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 5 | 5 | 5 | 4 | 4 | |||||
Convertible Debt Current | 0 | 10 | 10 | 10 | 10 | - | - | - | - | - | - | - | |||||
Loans Payable Current | 14 | 1 | 5 | 1 | 1 | 7 | 7 | 8 | 16 | 134 | 138 | 22 | |||||
Business Combination Contingent Consideration Liab… | - | - | 0 | 0 | 2 | 3 | 3 | 3 | 3 | 1 | 6 | 4 | |||||
Operating Lease Liability Current | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 1 | 2 | |||||
Derivative Liabilities Current | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | - | 0 | - | |||||
Finance Lease Liability Current | - | - | - | - | - | 2 | 2 | 2 | 0 | 2 | 2 | 2 | |||||
Accrued Income Taxes Current | 2 | 4 | 5 | 8 | 13 | 12 | 12 | 11 | 3 | 5 | 5 | 59 | |||||
Other Liabilities Current | - | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Liabilities Of Disposal Group Including Discontinu… | 0 | 7 | 13 | 15 | 24 | - | 24 | - | - | - | - | 1 | |||||
Liabilities Current | 62 | 68 | 80 | 76 | 92 | 77 | 91 | 78 | 77 | 199 | 207 | 146 | |||||
Liabilities Noncurrent | |||||||||||||||||
Long Term Loans Payable | 183 | 205 | 204 | 212 | 199 | 183 | 183 | 183 | 172 | 58 | 62 | 182 | |||||
Operating Lease Liability Noncurrent | 29 | 30 | 29 | 31 | 31 | 41 | 31 | 43 | 43 | 44 | 45 | 46 | |||||
Finance Lease Liability Noncurrent | - | - | - | - | - | - | 0 | 0 | 2 | 0 | 0 | 1 | |||||
Derivative Liabilities Noncurrent | 15 | 2 | 2 | - | - | 0 | 0 | 2 | 2 | 6 | 5 | 8 | |||||
Convertible Debt Noncurrent | 16 | 7 | 7 | - | - | 10 | 9 | 9 | 8 | 8 | 7 | 7 | |||||
Deferred Income Tax Liabilities Net | 12 | 8 | 8 | 9 | 9 | 9 | 8 | 16 | 17 | 17 | 17 | 38 | |||||
Business Combination Contingent Consideration Liab… | - | - | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 1 | 0 | 2 | |||||
Other Liabilities Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | 2 | 19 | |||||
Liabilities Noncurrent | 408 | 390 | 378 | 383 | 362 | 358 | 339 | 371 | 357 | 224 | 219 | 304 | |||||
Liabilities | 470 | 458 | 458 | 460 | 454 | 436 | 430 | 450 | 434 | 423 | 426 | 450 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Treasury Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | - | |||||
Additional Paid In Capital | 960 | 959 | 960 | 959 | 957 | 954 | 952 | 951 | 946 | 946 | 945 | 945 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | |||||
Retained Earnings Accumulated Deficit | -883 | -874 | -865 | -867 | -841 | -792 | -779 | -747 | -724 | -717 | -704 | -662 | |||||
Minority Interest | 4 | 3 | 2 | 2 | 0 | 0 | -0 | 1 | 1 | 1 | -2 | 1 | |||||
Stockholders Equity | 84 | 91 | 99 | 95 | 118 | 165 | 177 | 207 | 226 | 232 | 241 | 285 | |||||
Liabilities And Stockholders Equity | 554 | 549 | 557 | 555 | 572 | 601 | 607 | 657 | 660 | 656 | 667 | 735 | |||||
Shares Outstanding | 309 | 308 | 309 | 307 | 306 | 293 | 293 | 292 | 292 | 291 | 288 | 287 | |||||
Treasury Stock Value Acquired Par Value Method | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | - | |||||
Treasury Stock Common Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 0 | - | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.76% | -10.14% | -26.76% | - | - | - | - | - | - | - | - | - |
| 2025 | -4.00% | -33.07% | 17.87% | 125.49% | 41.18% | 61.76% | -23.05% | 27.97% | 33.56% | 2.13% | 12.96% | 5.18% |
| 2024 | -9.41% | -20.59% | -14.71% | -11.11% | -1.48% | -14.81% | -0.63% | -26.58% | -30.38% | 18.29% | -14.63% | -2.44% |
| 2023 | - | - | - | 26.25% | 28.12% | -5.63% | 0.62% | 1.87% | 29.37% | 25.47% | 9.44% | -4.35% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.83 | 1.51 | 1.38 | 1.56 | 1.45 | 1.31 | 1.94 | 1.35 | 1.35 | 0.49 | 0.50 | 0.73 | |||||
| Quick Ratio | 0.94 | 0.89 | 0.84 | 1.05 | 1.01 | 0.64 | 1.45 | 0.59 | 0.63 | 0.22 | 0.22 | 0.30 | |||||
| Working Capital | 51.47M | 34.76M | 30.18M | 43.06M | 41.42M | 23.91M | 85.84M | 27.25M | 27.35M | -101.46M | -104.11M | -39.17M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 5.59 | 5.04 | 4.63 | 4.82 | 3.83 | 2.64 | 2.43 | 2.17 | 1.92 | 1.82 | 1.77 | 1.58 | |||||
| Debt Ratio | 0.85 | 0.83 | 0.82 | 0.83 | 0.79 | 0.73 | 0.71 | 0.68 | 0.66 | 0.65 | 0.64 | 0.61 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.47 | 0.46 | 0.45 | 0.41 | 0.41 | 0.40 | 0.42 | 0.43 | 0.47 | 0.49 | 0.47 | 0.41 | |||||
| Days Sales Outstanding TTM | 25.11 | 23.92 | 26.00 | 25.37 | 26.90 | 25.94 | 26.74 | 19.84 | 14.80 | 14.41 | 23.79 | 19.96 | |||||
| Receivables Turnover TTM | 14.54 | 15.26 | 14.04 | 14.39 | 13.57 | 14.07 | 13.65 | 18.39 | 24.66 | 25.32 | 15.35 | 18.29 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.12 | -0.25 | -0.27 | -0.38 | -0.37 | -0.24 | -0.25 | -0.29 | -0.25 | -0.27 | -0.31 | -0.20 | |||||
| Free Cash Flow Per Share TTM | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.09 | 0.11 | 0.11 | 0.13 | 0.08 | 0.07 | 0.01 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 52.77% | 52.04% | 52.32% | 53.07% | 52.77% | 52.36% | 50.68% | 49.10% | 49.89% | 49.97% | 50.17% | 49.38% | |||||
| Operating Profit Margin TTM | 16.08% | 15.78% | 16.13% | 19.77% | 18.20% | 17.91% | 14.52% | -6.99% | -3.23% | -5.35% | -6.24% | 12.87% | |||||
| Net Profit Margin TTM | -14.03% | -29.44% | -31.21% | -46.13% | -44.86% | -27.84% | -27.11% | -28.15% | -22.09% | -23.94% | -27.24% | -19.07% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 5.75% | 3.99% | -2.81% | -16.71% | -22.98% | -23.54% | -15.79% | -0.54% | 16.50% | 21.98% | 27.72% | - | |||||
| Net Income Growth (1Y) | -66.94% | 9.96% | 11.92% | 36.49% | 56.42% | -11.07% | -16.21% | 46.80% | -80.10% | -76.27% | -73.34% | - | |||||
| EPS Growth (1Y) | -68.04% | 4.46% | 8.36% | 29.96% | 52.45% | -11.83% | -19.73% | 44.50% | -81.22% | -78.18% | -76.68% | - | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -5.67 | -2.55 | -2.67 | -2.18 | -0.75 | -2.00 | -2.61 | -4.46 | -5.50 | -6.97 | -5.25 | -10.25 | |||||
| P/B TTM | 2.50 | 2.16 | 2.19 | 2.63 | 0.70 | 0.85 | 1.07 | 1.82 | 1.74 | 2.37 | 1.89 | 2.07 | |||||
| P/S TTM | 0.79 | 0.75 | 0.83 | 1.01 | 0.33 | 0.56 | 0.71 | 1.26 | 1.21 | 1.67 | 1.43 | 1.95 | |||||
| Market Cap | 209.75M | 196.23M | 216.78M | 251.17M | 83.45M | 140.41M | 189.48M | 376.22M | 393.51M | 549.27M | 455.24M | 588.50M | |||||
| Enterprise Value | 198.04M | 175.43M | 201.94M | 225.58M | 67.55M | 129.84M | 180.84M | 367.71M | 392.44M | 670.42M | 580.43M | 594.56M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 17.33M | 14.76M | 12.78M | 7.83M | 9.43M | 26.28M | 31.08M | 31.97M | 37.14M | 24.23M | 19.71M | 3.79M | |||||
| Net Debt | -11.71M | -20.80M | -14.84M | -25.59M | -15.90M | -10.57M | -8.64M | -8.51M | -1.07M | 121.15M | 125.20M | 6.06M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| Dividend Yield TTM | |||||||||||||||||
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| Total Debt | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
TerrAscend Corp. (TSNDF) — SEC Financial Statements & Analysis
TerrAscend Corp. (TSNDF) is a agricultural production-crops company, incorporated in A6. TerrAscend Corp. trades on OTC as: TSNDF. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), TerrAscend Corp. reported a 5.75% year-over-year revenue growth, a Gross Profit Margin of 52.77% (TTM), a Debt-to-Equity ratio of 5.59x, a Price-to-Sales (P/S) ratio of 0.79x (TTM), a Price-to-Book (P/B) ratio of 2.50x (TTM), at a market cap of $209.75M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 5.75%
- Gross Profit Margin TTM
- 52.77%
- Debt To Equity
- 5.59x
- P/S TTM
- 0.79x
- P/B TTM
- 2.50x
- Market Cap
- $209.75M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is TerrAscend Corp. in?
TerrAscend Corp. (TSNDF) operates in the Agricultural Production-Crops industry.
What is TSNDF's market cap?
TerrAscend Corp. (TSNDF) has a market capitalization of $209.75M as of 2026-06-30.
What exchange does TSNDF trade on?
TerrAscend Corp. (TSNDF) trades on the OTC.
Where is TerrAscend Corp. incorporated?
TerrAscend Corp. is incorporated in Ontario, Canada.