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TerrAscend's revenue is $306.7 million.

What is TerrAscend's revenue?

TerrAscend's annual revenue is $306.7M. Zippia's data science team found the following key financial metrics about TerrAscend after extensive research and analysis.
  • TerrAscend's revenue growth from 2020 to 2024 is 132.06%.
  • TerrAscend has 112 employees, and the revenue per employee ratio is $2,738,187.
  • TerrAscend's peak quarterly revenue was $89.2M in 2023(q3).
  • TerrAscend peak revenue was $317.3M in 2023.
  • TerrAscend annual revenue for 2023 was 317.3M, 28.04% growth from 2022.
  • TerrAscend annual revenue for 2024 was 306.7M, -3.36% growth from 2023.

On this page

Most recent quarter revenue
$74.4M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$317.3M (2023)
Company peak revenue
Revenue / employee
$2.7M
Company revenue / employee

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Most recent quarter revenue
$74.4M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$317.3M (2023)
Company peak revenue
Revenue / employee
$2.7M
Company revenue / employee

TerrAscend historical revenue

TerrAscend's peak revenue was $317.3M in 2023. The peak quarterly revenue was $89.2M in 2023(q3).

TerrAscend's revenue increased from $132.2m in 2020 to $306.7M currently. That's a 132.06% change in annual revenue.

TerrAscend annual revenue

$317M
$254M
$190M
$127M
$63M
$0
2020
2021
2022
2023
2024

TerrAscend annual revenue over time

Fiscal year / yearTerrAscend revenue
2020$132.2M
2021$194.2M
2022$247.8M
2023$317.3M
2024$306.7M

How accurately did TerrAscend's revenue projections match actual performance?

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TerrAscend annual growth

TerrAscend saw the greatest revenue growth in 2021, when revenue increased by 46.96%.

TerrAscend had the lowest revenue growth in 2022, when revenue changed by 27.61%.

TerrAscend annual growth rate over time

YearTerrAscend growth
2021
47%
2022
28%
2023
28%
2024
-3%

TerrAscend quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$89M
$71M
$54M
$36M
$18M
$0
2021
2022
2023
2024

TerrAscend quarterly growth rate over time

YearQ1Q2Q3Q4
2021---$33.0M
2022$48.6M$64.0M$66.2M$69.0M
2023$69.4M$72.1M$89.2M$86.6M
2024$80.6M$77.5M$74.2M$74.4M

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TerrAscend financial information

IndustryHealth Care Equipment & Services
Company TypePublic
Employees Number112
Date Founded2017
Number of Locations1
Revenue$306.7M
Net Income-$329,908,000
Gross Proft$150.0M (2024)
EBITDA($117.1M) (2020)
Tax Rate-0.4%
Total Assets$701,587,000
TickerTRSSF

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TerrAscend financing

TerrAscend received early financing of $52.5M on 2017-11-15.

SeriesRound sizeDate
Post Ipo Equity$52.5M11/2017
Post Ipo Equity$53.5M05/2019
Post Ipo Equity$10M10/2019
Post Ipo Equity$2.7M11/2019
Post Ipo Equity$33.5M01/2020
Post Ipo Equity$30M05/2020
Post Ipo Debt$120M12/2020

TerrAscend investors

InvestorsSecurity type
CANOPY GROWTH CORPPost Ipo Equity
Canopy RiversPost Ipo Equity
JW Asset ManagementPost Ipo Equity
Canopy RiversPost Ipo Equity

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Zippia gives an in-depth look into the details of TerrAscend, including salaries, political affiliations, employee data, and more, in order to inform job seekers about TerrAscend. The employee data is based on information from people who have self-reported their past or current employments at TerrAscend. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by TerrAscend. The data presented on this page does not represent the view of TerrAscend and its employees or that of Zippia.

TerrAscend may also be known as or be related to TerrAscend, TerrAscend Corp, TerrAscend Corp., TerrAscend Corporation and Terrascend Corp.