Ascend Wellness Holdings (AAWH) Free Cash Flow (2020 - 2026)

Ascend Wellness Holdings' (AAWH) quarterly Free Cash Flow came in at -$24.6 million in Q1 2026, down 1335.11% year-on-year from $2.0 million in Q1 2025, and down 173.88% quarter-over-quarter from $33.3 million in Q4 2025.

Ascend Wellness Holdings (AAWH) Free Cash Flow (2020 - 2026) Analysis & Trends

Ascend Wellness Holdings' Free Cash Flow history runs 7 years deep, the most recent figure standing at -$24.6 million for Q1 2026.

  • On a quarterly basis, Free Cash Flow fell 1335.11% year-over-year to -$24.6 million in Q1 2026; TTM through Mar 2026 was $9.3 million, a 81.01% decrease from a year earlier, with the FY2025 full-year figure at $35.9 million, down 29.26% from the prior year.
  • Free Cash Flow declined to -$24.6 million in Q1 2026 per AAWH's latest filing, from $33.3 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $33.3 million in Q4 2025 and bottomed at -$24.6 million in Q1 2026.
  • The 5-year median for Free Cash Flow is $3.7 million (2024), against an average of $5.1 million.
  • Across the five-year window, Free Cash Flow soared 2331.84% in 2023 and plunged 1335.11% in 2026, its largest moves.
  • Year by year, Free Cash Flow stood at -$23.1 million in 2022, then soared by 173.79% to $17.0 million in 2023, then slipped by 21.38% to $13.4 million in 2024, then soared by 148.55% to $33.3 million in 2025, then sank by 173.88% to -$24.6 million in 2026.
  • Per Business Quant, the three latest AAWH Free Cash Flow figures stand at -$24.6 million (Q1 2026), $33.3 million (Q4 2025), and -$8.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -208.00 Mn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 291.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -373.37 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 363.70 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 348.40 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 144.40 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn -38.00 Mn
10 Ascend Wellness Holdings 83.00 Mn 22.91 Mn 44.88 Mn -24.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -24.59 Mn
Mar 31, 2026 -24.59 Mn
Dec 31, 2025 33.28 Mn
Dec 31, 2025 33.28 Mn
Sep 30, 2025 -8.45 Mn
Sep 30, 2025 -8.45 Mn
Jun 30, 2025 9.08 Mn
Jun 30, 2025 9.08 Mn
Mar 31, 2025 1.99 Mn
Mar 31, 2025 1.99 Mn
Dec 31, 2024 13.39 Mn
Dec 31, 2024 13.39 Mn
Sep 30, 2024 1.43 Mn
Sep 30, 2024 1.43 Mn
Jun 30, 2024 32.28 Mn
Jun 30, 2024 32.28 Mn
Mar 31, 2024 3.66 Mn
Mar 31, 2024 3.66 Mn
Dec 31, 2023 17.03 Mn
Dec 31, 2023 17.03 Mn