Ascend Wellness Holdings (AAWH) Cost of Revenue (2020 - 2026)

Ascend Wellness Holdings' Cost of Revenue history runs 7 years deep, the most recent figure standing at $72.1 million for Q1 2026.

• On a quarterly basis, Cost of Revenue fell 18.53% year-over-year to $72.1 million in Q1 2026; TTM through Mar 2026 was $314.5 million, a 16.23% decrease from a year earlier, with the FY2025 full-year figure at $330.9 million, down 12.32% from the prior year.
• Cost of Revenue declined to $72.1 million in Q1 2026 per AAWH's latest filing, from $75.4 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $100.0 million in Q2 2024 and bottomed at $61.6 million in Q1 2022.
• The 5-year median for Cost of Revenue is $85.9 million (2025), against an average of $83.2 million.
• Across the five-year window, Cost of Revenue soared 69.02% in 2022 and decreased 18.53% in 2026, its largest moves.
• Year by year, Cost of Revenue stood at $70.6 million in 2022, then jumped by 31.21% to $92.6 million in 2023, then decreased by 3.76% to $89.1 million in 2024, then fell by 15.39% to $75.4 million in 2025, then fell by 4.47% to $72.1 million in 2026.
• Per Business Quant, the three latest AAWH Cost of Revenue figures stand at $72.1 million (Q1 2026), $75.4 million (Q4 2025), and $81.1 million (Q3 2025).