TerrAscend Q4 revenue $66.1M, net loss narrows to $0.5M; FY2025 revenue $260.6M down 2.8% YoY

TerrAscend Corp.

GAAP net loss from continuing ops $0.5M in Q4 vs $9.9M in Q3; FY net loss $24.5M vs $20.9M in 2024.
Adjusted EBITDA from continuing ops $16.7M (25.2% margin) in Q4, $67.8M (26.0% margin) for FY.
Net cash from ops $8.3M in Q4, $33.9M for FY; free cash flow $6.6M Q4, $25.3M FY.
Completed $79M debt refinancing with $35M uncommitted facility for M&A; Michigan exit advanced.
Expanded retail in NJ via Union Chill; entered Ohio with Ratio Cannabis acquisition.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TerrAscend Corp. reported Full Year 2025 results: revenue Net Revenue was $260.6 million, net income GAAP Net Loss from continuing operations was $24.5 million.

Period: Full Year 2025
Revenue: Net Revenue was $260.6 million
Net income: GAAP Net Loss from continuing operations was $24.5 million
Result: reported results

Exact text from the filing

Full Year 2025 Financial Highlights • Net Revenue was $260.6 million, compared to $268.1 million in 2024. • Gross Profit Margin was 52.3%, compared to 50.7% in 2024. • GAAP Net Loss from continuing operations was $24.5 million, compared to $20.9 million in 2024.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TerrAscend Corp. reported Fourth Quarter 2025 results: revenue Net Revenue was $66.1 million, net income GAAP Net Loss from continuing operations was $0.5 million.

Period: Fourth Quarter 2025
Revenue: Net Revenue was $66.1 million
Net income: GAAP Net Loss from continuing operations was $0.5 million
Result: reported results

Exact text from the filing

Fourth Quarter 2025 Financial Highlights • Net Revenue was $66.1 million, compared to $65.1 million in Q3 2025. • Gross Profit Margin was flat at 52.1%, compared to Q3 2025. • GAAP Net Loss from continuing operations was $0.5 million, compared to net loss of $9.9 million in Q3 2025.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

TerrAscend Corp. filing history →

Source: SEC EDGAR

accession 0001193125-26-104330

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.