Stocks Comparison
TerrAscend vs Verano: revenue, profit, margins and growth compared
TerrAscend brought in $260.6M of revenue in fiscal 2025, Verano $821.5M in fiscal 2025. Revenue changed by -2.8% at TerrAscend and -6.5% at Verano on the year before, so TerrAscend grew faster. TerrAscend kept -31.2% of its revenue as net profit, Verano -31.4%. Free cash flow was $12.9M at TerrAscend and $11.6M at Verano.
Side by side, latest fiscal year
| TSNDF | VRNO | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $260.6M | $821.5M |
| Revenue growth | -2.8% | -6.5% |
| Net income | -$81.3M | -$257.9M |
| Net margin | -31.2% | -31.4% |
| Free cash flow | $12.9M | $11.6M |
| Free cash flow margin | 5.0% | 1.4% |
| Earnings per share (diluted) | -$0.29 | -$0.71 |
| Cash | $37.4M | $82.7M |
| Debt | $225.5M | $399.7M |
| Price to earnings | n/a | n/a |
| Market value | $141M | $352.2M |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #83 of 160 · Consumer staples | #70 of 160 · Consumer staples |
Over the years
Questions about TerrAscend and Verano
Which is bigger by revenue, TerrAscend or Verano?
Verano is bigger by revenue: $821.5M in fiscal 2025, against $260.6M for TerrAscend in fiscal 2025.
Which keeps more of its revenue as profit, TerrAscend or Verano?
TerrAscend had a net margin of -31.2% in fiscal 2025; Verano had -31.4% in fiscal 2025.
Which grew revenue faster, TerrAscend or Verano?
In their latest fiscal years revenue changed by -2.8% at TerrAscend and -6.5% at Verano.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.