How does the $65 million net revenue compare to TerrAscend's performance in the same quarter of previous years? | TRXC (Aug 07, 2025) | Candlesense
TRXC

How does the $65 million net revenue compare to TerrAscend's performance in the same quarter of previous years?

Answer

The press release you referenced tells us that TerrAscend (TRXC) generated $65 million in net revenue for the second quarter of 2025 (excluding Michigan) and that its gross‑profit margin was 51.1 % for the same period. However, the release does not provide any figures for net revenue (or comparable‑quarter revenue) from prior years.

Because of that, we cannot directly assess how the $65 million result stacks up against TerrAscend’s performance in Q2 of earlier calendar years. A meaningful comparison would require at least one of the following pieces of information:

Prior‑Year Quarter Net Revenue (US$) % Change vs. Q2 2025
Q2 2024 (value needed) (calc)
Q2 2023 (value needed) (calc)
Q2 2022 (value needed) (calc)

What you can do next

  1. Locate TerrAscend’s historical earnings releases – The company typically publishes quarterly results on its investor‑relations website (e.g., “TerrAscend Announces Second Quarter 2024 Financial Results”). Those documents will list net revenue for the same quarter in prior years.

  2. Check SEC filings (Form 10‑Q) – Quarterly reports filed with the U.S. Securities and Exchange Commission always contain a “Consolidated Statements of Operations” that includes net revenue (or “total revenue”) for each quarter.

  3. Use a financial data platform – Services such as Bloomberg, FactSet, or Yahoo Finance let you pull a time‑series of TerrAscend’s quarterly revenue, making it easy to calculate year‑over‑year growth for Q2.

  4. Calculate the comparison – Once you have the historical numbers, you can compute:

    • Absolute change: $65 M – [historical Q2 revenue]
    • Percentage change: ([Current Q2 – Historical Q2] / Historical Q2) × 100 %

Why the comparison matters

  • Trend analysis – A rising net‑revenue trend would suggest the company is successfully expanding its operations (e.g., adding new farms, increasing production capacity, or gaining market share).
  • Margin context – Knowing whether the $65 M is accompanied by a stable or improving gross‑profit margin (51.1 % in this quarter) helps gauge whether revenue growth is translating into profitability.
  • Investor expectations – Analysts often benchmark current‑quarter results against the same quarter in prior years to gauge whether management is meeting or exceeding consensus expectations.

Bottom line

Based solely on the information in the August 7 2025 news release, we can confirm that TerrAscend earned $65 million in net revenue for Q2 2025, but we lack the historical revenue figures needed to evaluate whether this represents growth, decline, or a flat performance relative to the same quarter in previous years. To answer the question definitively, you’ll need to retrieve TerrAscend’s Q2 net‑revenue data from earlier fiscal years (e.g., 2024, 2023, 2022) and then perform a year‑over‑year comparison.

Other Questions About This News

What is the market's reaction to the earnings release and how might it affect the stock price in the short term? Are there any operational or regulatory developments in Michigan that could affect future revenue or margins? How does TerrAscend's Q2 performance stack up against its key competitors in the renewable energy sector? What factors contributed to the 51.1% gross profit margin and is this margin sustainable moving forward? What is the reason behind the relatively low sentiment score of 30 and how might it affect market perception? Why are the results presented excluding Michigan, and what impact does the Michigan segment have on overall financials? How will the second‑quarter results influence TerrAscend's guidance for the remainder of 2025?