TSNDF TerrAscend Corp.
Price Chart
Executive Summary
TerrAscend reported preliminary Q1 2026 revenue of $65.5 million, flat compared to Q4 2025 and down 2.0% year-over-year, with gross margin improving to 52.8%. The company highlighted continued positive cash flow and year-over-year revenue growth in continuing operations, alongside regulatory optimism from recent U.S. cannabis rescheduling.
Key Financial Metrics
Actionable Insight
Monitor the full earnings release on May 7, 2026, for GAAP financials including EPS and net income, which are critical for assessing whether improved margins translated into bottom-line performance. The preliminary nature of the data limits immediate trading implications.
Key Facts
- Preliminary Q1 2026 net revenue: $65.5 million (vs $66.1M in Q4 2025 and $64.3M in Q1 2025)
- Gross profit margin: 52.8% (up from 52.1% in Q4 2025)
- General and administrative expenses flat quarter-over-quarter
- Generated 15th consecutive quarter of positive cash flow from operations
- No EPS or net income figures provided in preliminary release
Financial Impact
Revenue flat sequentially, gross margin improved 70 bps; no profitability metrics disclosed
Risk Factors
- Preliminary and unaudited financial results subject to revision
- No EPS or profitability data disclosed, limiting assessment of financial health
- Cannabis sector regulatory risks remain elevated despite recent rescheduling
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-179245 |
| Document: tsndf-ex99_1.htm | 0001193125-26-179245 |
| Document: 0001193125-26-179245-index-headers.html | 0001193125-26-179245 |
| Document: 0001193125-26-179245-index.html | 0001193125-26-179245 |
| Document: 0001193125-26-179245.txt | 0001193125-26-179245 |
| 8-K Data (Synthetic) | 0001193125-26-179245 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 7, 2026
5w ago
|
8-K
| $0.7400 $0.6660 | ▼ −10.00% | ▼ −13.14% | $0.6800 (−8.11%) |
|
Apr 27, 2026
6w ago
|
8-K
| $0.7860 $0.6750 | ▼ −14.12% | ▼ −19.08% | $0.6800 (−13.49%) |
|
Apr 16, 2026
8w ago
|
DEFA14A
| $0.6400 $0.6730 | ▲ +5.16% | ▼ −0.21% | $0.6800 (+6.25%) |
US Market Status
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