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Ascend Wellness Holdings (AAWH) Operating Expenses (2020 - 2025)

Ascend Wellness Holdings (AAWH) has 6 years of Operating Expenses data on record, last reported at $44.9 million in Q3 2025.

  • For Q3 2025, Operating Expenses fell 2.64% year-over-year to $44.9 million; the TTM value through Sep 2025 reached $165.2 million, down 11.05%, while the annual FY2024 figure was $179.5 million, 13.06% up from the prior year.
  • Operating Expenses reached $44.9 million in Q3 2025 per AAWH's latest filing, up from $42.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $61.7 million in Q1 2021 and bottomed at $29.3 million in Q3 2021.
  • Average Operating Expenses over 5 years is $39.9 million, with a median of $38.2 million recorded in 2022.
  • Peak YoY movement for Operating Expenses: skyrocketed 539.0% in 2021, then crashed 38.0% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $31.6 million in 2021, then increased by 14.46% to $36.1 million in 2022, then soared by 30.02% to $47.0 million in 2023, then decreased by 13.21% to $40.8 million in 2024, then rose by 10.19% to $44.9 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $44.9 million in Q3 2025, $42.4 million in Q2 2025, and $37.1 million in Q1 2025.