TerrAscend Corp Reports Stable Q3 2025 Financial Results Amid Strategic Market Shifts

An announcement from TerrAscend Corp ( (TSE:TSND) ) is now available.

TerrAscend Corp reported its financial results for the third quarter of 2025, showing a net revenue of $65.1 million and a gross profit margin of 52.1%. The company achieved its 13th consecutive quarter of positive cash flow from continuing operations and completed a $79 million non-dilutive refinancing of existing debt. Despite a slight year-over-year revenue decrease, TerrAscend maintained stable performance in its core markets and is progressing with its strategic exit from the Michigan market. The company is well-positioned for future growth with a strong balance sheet and no significant debt maturities in the near term.

The most recent analyst rating on (TSE:TSND) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on TerrAscend Corp stock, see the TSE:TSND Stock Forecast page.

Spark’s Take on TSE:TSND Stock

According to Spark, TipRanks’ AI Analyst, TSE:TSND is a Neutral.

TerrAscend Corp’s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and significant losses. The technical analysis suggests a bearish short-term trend, while the valuation is unattractive due to a negative P/E ratio and no dividend yield. These factors collectively result in a low overall score.

To see Spark’s full report on TSE:TSND stock, click here.

More about TerrAscend Corp

TerrAscend Corp is a leading North American cannabis company, focusing on the production and sale of cannabis products. The company operates primarily in the key Northeast markets of New Jersey, Maryland, and Pennsylvania, where it has maintained a strong market presence.

Average Trading Volume: 372,913

Technical Sentiment Signal: Hold

Current Market Cap: C$343.9M

For a thorough assessment of TSND stock, go to TipRanks’ Stock Analysis page.