Ascend Wellness Holdings (AAWH) Net Margin (2020 - 2026)
Ascend Wellness Holdings (AAWH) posted Net Margin of 7.78% for Q2 2026, up 69.17% on a QoQ basis from 25.22% in Q1 2026, and up 1140.0% year-over-year from 0.63% in Q2 2025.
Analysis
Ascend Wellness Holdings (AAWH) Net Margin (2020 - 2026) Analysis & Trends
Ascend Wellness Holdings has reported Net Margin for 7 years, with the latest figure at 7.78% in Q2 2026.
- On a quarterly basis, Net Margin rose 1140.0% year-over-year to 7.78% in Q2 2026; TTM through Jun 2026 was 23.31%, a 666.0% decrease from a year earlier, with the FY2025 full-year figure at 23.61%, down 848.0% from the prior year.
- Net Margin was 7.78% for Q2 2026 at Ascend Wellness Holdings, up from 25.22% in the prior quarter.
- The five-year high for Net Margin was 0.68% in Q2 2023, with the low at 40.4% in Q4 2025.
- Average Net Margin over 5 years is 17.17%, with a median of 15.27% recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Net Margin soared 4022 bps in 2022, then sank 2806 bps in 2025.
- Over 5 years, Net Margin stood at 13.43% in 2022, then dropped by 3 bps to 13.8% in 2023, then climbed by 11 bps to 12.35% in 2024, then plunged by 227 bps to 40.4% in 2025, then soared by 81 bps to 7.78% in 2026.
- The last three Net Margin figures came in at 7.78% (Q2 2026), 25.22% (Q1 2026), and 40.4% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 3.68% |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | -149.83% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 1.12% |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 50.52% |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -14.21% |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | -2.77% |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | -10.52% |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | -6.15% |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -14.53% |
| 10 | Ascend Wellness Holdings | 93.59 Mn | 26.59 Mn | 45.49 Mn | -7.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.78% |
| 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% |