Growth Metrics

Ascend Wellness Holdings (AAWH) Cost of Revenue (2020 - 2025)

Ascend Wellness Holdings (AAWH) has 6 years of Cost of Revenue data on record, last reported at $81.1 million in Q3 2025.

  • For Q3 2025, Cost of Revenue fell 17.14% year-over-year to $81.1 million; the TTM value through Sep 2025 reached $344.6 million, down 9.52%, while the annual FY2024 figure was $377.4 million, 3.83% up from the prior year.
  • Cost of Revenue reached $81.1 million in Q3 2025 per AAWH's latest filing, down from $85.9 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $100.0 million in Q2 2024 and bottomed at $36.5 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $77.1 million, with a median of $81.1 million recorded in 2025.
  • Peak YoY movement for Cost of Revenue: soared 269.92% in 2021, then fell 17.14% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $57.7 million in 2021, then grew by 22.42% to $70.6 million in 2022, then skyrocketed by 31.21% to $92.6 million in 2023, then decreased by 3.76% to $89.1 million in 2024, then fell by 8.98% to $81.1 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $81.1 million in Q3 2025, $85.9 million in Q2 2025, and $88.4 million in Q1 2025.