Filing Flows › TerrAscend (TSNDF) › How it makes money
How TerrAscend (TSNDF) makes money
TerrAscend (TSNDF) made $68.2M of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. New Jersey Segment brought in $25.3M (37%); Maryland Segment brought in $18.7M (27%); Pennsylvania Segment brought in $18.6M (27%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| New Jersey Segment | $25.3M | 37.1% | +0.1% | +0.5% |
| Maryland Segment | $18.7M | 27.5% | +1% | +1% |
| Pennsylvania Segment | $18.6M | 27.3% | +5% | +17% |
| All Other Segments | $5.5M | 8.1% | -0.6% | +0.4% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $68.2M | 100.0% |
| Income tax | $11.9M | 17.4% |
| Operating cash flow | $8.8M | 12.9% |
| Free cash flow | $6.1M | 9.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $68.2M | +5% |
| Q2 2026 | $67.1M | +3% |
| Q1 2026 | $65.5M | +2% |
| Q4 2025 | $66.1M | -0.4% |
| Q3 2025 | $65.1M | -0.1% |
| Q2 2025 | $65.0M | -3% |
| Q1 2025 | $71.0M | -12% |
From TerrAscend's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does TerrAscend make money?
TerrAscend (TSNDF) made $68.2M of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier. New Jersey Segment brought in $25.3M (37%); Maryland Segment brought in $18.7M (27%); Pennsylvania Segment brought in $18.6M (27%).
What is TerrAscend's biggest business?
New Jersey Segment: $25.3M in the third quarter 2026, 37% of revenue, +0.5% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.