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TerrAscend reports Q1 2026 revenue of $65.5M with 52.8% gross margin, continuing positive cash flow streak.

Company Fundamentals
27 Apr 2026
GlobeNewsWire
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Bullish
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TerrAscend announced preliminary Q1 2026 financial results showing net revenue of $65.5 million and a gross profit margin of 52.8%, slightly improving from the previous quarter. The company maintained flat general and administrative expenses and generated positive cash flow from operations for the 15th consecutive quarter. This performance reflects operational momentum supported by recent regulatory changes in medical cannabis rescheduling. TerrAscend plans to discuss detailed results in an earnings call scheduled for May 7, 2026, and remains focused on growth, efficiency, and profitability amid evolving U.S. cannabis regulations.

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