Ascend Wellness Holdings (AAWH) Net Margin (2020 - 2026)
Ascend Wellness Holdings (AAWH) recorded quarterly Net Margin of 25.22% in Q1 2026, up 37.57% quarter-over-quarter from 40.4% in Q4 2025, and down 1018.0% on a YoY basis from 2.75% in Q1 2025.
Ascend Wellness Holdings (AAWH) Net Margin (2020 - 2026) Analysis & Trends
Ascend Wellness Holdings' Net Margin history runs 7 years deep, the most recent figure standing at 25.22% for Q1 2026.
- In Q1 2026, Net Margin fell 1018.0% year-over-year to 25.22%; the TTM figure through Mar 2026 stood at 26.24% (down 1050.0% YoY), while the FY2025 annual figure was 23.61%, down 848.0% from the prior year.
- Net Margin was 25.22% for Q1 2026 at Ascend Wellness Holdings, up from 40.4% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 0.68% in Q2 2023 to a low of 40.4% in Q4 2025.
- Historically, Net Margin has averaged 17.72% across 5 years, with a median of 15.39% in 2024.
- The sharpest annual moves came in 2022 and 2025: Net Margin surged 4022 bps in 2022, then slumped 2806 bps in 2025.
- A 5-year view of Net Margin shows it stood at 13.43% in 2022, then slipped by 3 bps to 13.8% in 2023, then advanced by 11 bps to 12.35% in 2024, then sank by 227 bps to 40.4% in 2025, then jumped by 38 bps to 25.22% in 2026.
- The last three Net Margin figures came in at 25.22% (Q1 2026), 40.4% (Q4 2025), and 20.7% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 9.19% |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 26.57% |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 35.18% |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 2.94% |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 24.30% |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 4.16% |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -168.42% |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | -15.15% |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 31.38% |
| 10 | Ascend Wellness Holdings | - | - | 44.88 Mn | -25.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.22% |
| Dec 31, 2025 | -40.40% |
| Sep 30, 2025 | -20.70% |
| Jun 30, 2025 | -19.17% |
| Mar 31, 2025 | -15.05% |
| Dec 31, 2024 | -12.35% |
| Sep 30, 2024 | -19.95% |
| Jun 30, 2024 | -15.39% |
| Mar 31, 2024 | -12.75% |
| Dec 31, 2023 | -13.80% |
| Sep 30, 2023 | -7.96% |
| Jun 30, 2023 | 0.68% |
| Mar 31, 2023 | -16.18% |
| Dec 31, 2022 | -13.43% |
| Sep 30, 2022 | -15.16% |
| Jun 30, 2022 | -21.72% |
| Mar 31, 2022 | -32.69% |
| Dec 31, 2021 | -18.66% |
| Sep 30, 2021 | -13.80% |
| Jun 30, 2021 | -53.85% |