Filing Flows › TerrAscend (TSNDF) › Q3 2026 › vs Q2 2026
TerrAscend (TSNDF) Q3 2026 vs Q2 2026 (quarter over quarter)
TerrAscend's revenue rose $1.1M (+2%) from $67.1M in Q2 2026 to $68.2M in Q3 2026. The biggest changes: Pennsylvania Segment +$867K (+5%); Maryland Segment +$241K (+1%); All Other Segments −$34K (-0.6%).
TerrAscend, Q3 2026: revenue $68.2M (+5% year over year), operating margin 15.1%, net loss $4.3M, operating cash flow $8.8M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 9.0% | 7.4% | +1.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| New Jersey Segment | $25.3M | $25.3M | $17K | +0.1% |
| Maryland Segment | $18.7M | $18.5M | $241K | +1% |
| Pennsylvania Segment | $18.6M | $17.8M | $867K | +5% |
| All Other Segments | $5.5M | $5.6M | −$34K | -0.6% |
| Revenue | $68.2M | $67.1M | $1.1M | +2% |
| Net loss | $4.3M | $6.9M | −$2.6M | -38% |
| Costs & expenses | $72.5M | $74.1M | −$1.5M | -2% |
| Operating costs | $57.9M | $55.0M | $2.9M | +5% |
| Interest & other, net | $2.7M | $7.5M | −$4.7M | -64% |
| Income tax | $11.9M | $11.6M | $301K | +3% |
| Cost of revenue | $32.5M | $30.9M | $1.7M | +5% |
| General & admin | $24.0M | $22.9M | $1.2M | +5% |
| Other operating costs | $1.4M | $1.3M | $99K | +8% |
| Operating cash sources | $13.2M | $13.5M | −$366K | -3% |
| Depreciation & amortization | $1.4M | $1.3M | $114K | +9% |
| Share-based compensation | $746K | $829K | −$83K | -10% |
| Working capital & other | $11.0M | $11.4M | −$397K | -3% |
| Net loss absorbed | $4.3M | $6.9M | −$2.6M | -38% |
| Operating cash flow | $8.8M | $6.6M | $2.2M | +34% |
| Free cash flow (OCF − capex) | $6.1M | $4.9M | $1.2M | +24% |
| Capital expenditures | $2.7M | $1.6M | $1.1M | +64% |
Questions
How much did TerrAscend's revenue grow quarter over quarter in Q3 2026?
TerrAscend's revenue rose $1.1M (+2%) from $67.1M in Q2 2026 to $68.2M in Q3 2026.
What drove TerrAscend's revenue change in Q3 2026?
Pennsylvania Segment +$867K (+5%); Maryland Segment +$241K (+1%); All Other Segments −$34K (-0.6%).