---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-011446"
form_type: "8-K"
ticker: "TSNDF"
cik: "0001778129"
company_name: "TerrAscend Corp."
filed_at: "2025-01-31T23:59:59+00:00"
generated_at: "2026-05-27T04:45:53.803263+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TerrAscend prelim Q4 net revenue $74.4M, gross margin 50.2%, positive cash flow

## Summary
- Net revenue of $74.4M, up 0.3% QoQ from Q3 2024's $74.2M.
- Gross profit margin 50.2%, up 140 bps from 48.8% in Q3 2024.
- Generated positive cash flow from operations in Q4 2024.
- Retained #1 market share in New Jersey for all 2024 quarters (BDSA).
- Signed Ohio Ratio Cannabis deal, expected to close Q1 2025, entering 6th state.

## SEC filing metadata
- accession: 0000950170-25-011446
- form_type: 8-K
- ticker: TSNDF
- cik: 0001778129
- company_name: TerrAscend Corp.
- filed_at: 2025-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1778129/000095017025011446/0000950170-25-011446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1778129/000095017025011446/tsndf-20250131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-011446
- JSON: https://secwatch.observer/filing/0000950170-25-011446.json
- Plain text: https://secwatch.observer/filing/0000950170-25-011446.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.