Ascend Wellness Holdings AAWH
OTC AAWH
$0.48 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Ascend Wellness Holdings (AAWH) Gross Margin (2020 - 2026)

Ascend Wellness Holdings (AAWH) posted Gross Margin of 36.07% for Q2 2026, down 6.02% on a QoQ basis from 38.38% in Q1 2026, and up 356.0% year-over-year from 7.91% in Q2 2025.

Analysis

Ascend Wellness Holdings (AAWH) Gross Margin (2020 - 2026) Analysis & Trends

Ascend Wellness Holdings has reported Gross Margin for 7 years, with the latest figure at 36.07% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 356.0% year-over-year to 36.07% in Q2 2026; TTM through Jun 2026 was 36.68%, a 449.0% increase from a year earlier, with the FY2025 full-year figure at 33.9%, up 110.0% from the prior year.
  • Gross Margin was 36.07% for Q2 2026 at Ascend Wellness Holdings, down from 38.38% in the prior quarter.
  • The five-year high for Gross Margin was 38.38% in Q1 2026, with the low at 23.03% in Q2 2023.
  • Average Gross Margin over 5 years is 32.88%, with a median of 33.37% recorded in 2022.
  • The sharpest annual moves came in 2022 and 2026: Gross Margin sank 1730 bps in 2022, then jumped 747 bps in 2026.
  • Over 5 years, Gross Margin stood at 37.03% in 2022, then dropped by 8 bps to 33.92% in 2023, then climbed by 2 bps to 34.46% in 2024, then gained by 9 bps to 37.43% in 2025, then decreased by 4 bps to 36.07% in 2026.
  • The last three Gross Margin figures came in at 36.07% (Q2 2026), 38.38% (Q1 2026), and 37.43% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Curaleaf Holdings 2.66 Bn 2.56 Bn 169.91 Mn 49.96%
2 Trulieve Cannabis 2.27 Bn 1.94 Bn 162.29 Mn 59.90%
3 Green Thumb Industries 1.71 Bn 1.42 Bn 137.87 Mn 44.96%
4 Cronos 1.18 Bn 379.85 Mn 28.45 Mn 40.30%
5 Glass House Brands 666.14 Mn 647.59 Mn 15.77 Mn 33.54%
6 Vireo Growth 545.10 Mn 402.80 Mn 95.30 Mn 45.53%
7 Tilray Brands 470.81 Mn 236.18 Mn 90.52 Mn 32.13%
8 Verano Holdings 434.44 Mn 349.24 Mn 99.70 Mn 45.75%
9 Canopy Growth 406.26 Mn 159.25 Mn 16.08 Mn 22.16%
10 Ascend Wellness Holdings 93.59 Mn 26.59 Mn 45.49 Mn 36.07%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 36.07%
Mar 31, 2026 38.38%
Dec 31, 2025 37.43%
Sep 30, 2025 34.96%
Jun 30, 2025 32.51%
Mar 31, 2025 30.91%
Dec 31, 2024 34.46%
Sep 30, 2024 30.87%
Jun 30, 2024 29.37%
Mar 31, 2024 36.54%
Dec 31, 2023 33.92%
Sep 30, 2023 30.83%
Jun 30, 2023 23.03%
Mar 31, 2023 31.27%
Dec 31, 2022 37.03%
Sep 30, 2022 32.93%
Jun 30, 2022 33.81%
Mar 31, 2022 27.56%
Dec 31, 2021 34.84%
Sep 30, 2021 43.39%