---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-179245"
form_type: "8-K"
ticker: "TSNDF"
cik: "0001778129"
company_name: "TerrAscend Corp."
filed_at: "2026-04-27T23:59:59+00:00"
generated_at: "2026-05-15T03:54:11.086949+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TerrAscend prelim Q1 net revenue $65.5M, gross margin 52.8%, cash flow positive

## Summary
- Net revenue of $65.5M from continuing operations, up from $64.3M in Q1 2025.
- Gross profit margin of 52.8% exceeded internal targets; G&A expenses flat QoQ.
- 15th consecutive quarter of positive cash flow from operations.
- Executive Chairman cited medical cannabis rescheduling and strong balance sheet.
- Earnings conference call scheduled for May 7, 2026 at 8:00 a.m. ET.

## SEC filing metadata
- accession: 0001193125-26-179245
- form_type: 8-K
- ticker: TSNDF
- cik: 0001778129
- company_name: TerrAscend Corp.
- filed_at: 2026-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1778129/000119312526179245/0001193125-26-179245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1778129/000119312526179245/tsndf-20260427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-179245
- JSON: https://secwatch.observer/filing/0001193125-26-179245.json
- Plain text: https://secwatch.observer/filing/0001193125-26-179245.txt

## Key facts
- Earnings Releases
  TerrAscend Corp. reported the first quarter ended March 31, 2026 results: revenue $65.5 million.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $65.5 million
  - Result: preliminary results
  source text: TerrAscend Announces Preliminary First Quarter 2026 Financial Results and Schedules Earnings Conference Call First Quarter 2026 Net Revenue Totaled $65.5 million with Gross Profit Margin of 52.8%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1778129/000119312526179245/0001193125-26-179245-index.htm

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