Ascend Wellness Holdings (AAWH) Operating Expenses (2020 - 2026)

Ascend Wellness Holdings' Operating Expenses history runs 7 years deep, the most recent figure standing at $42.3 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 14.19% year-over-year to $42.3 million; the TTM figure through Mar 2026 stood at $175.0 million (up 4.71% YoY), while the FY2025 annual figure was $186.7 million, up 4.02% from the prior year.
• Operating Expenses was $42.3 million for Q1 2026 at Ascend Wellness Holdings, down from $45.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $49.5 million in Q1 2024 to a low of $33.6 million in Q2 2022.
• Historically, Operating Expenses has averaged $40.7 million across 5 years, with a median of $40.8 million in 2024.
• The sharpest annual moves came in 2022 and 2024: Operating Expenses slumped 38.0% in 2022, then surged 39.53% in 2024.
• A 5-year view of Operating Expenses shows it stood at $36.1 million in 2022, then soared by 30.02% to $47.0 million in 2023, then declined by 13.21% to $40.8 million in 2024, then climbed by 11.1% to $45.3 million in 2025, then fell by 6.54% to $42.3 million in 2026.
• The last three Operating Expenses figures came in at $42.3 million (Q1 2026), $45.3 million (Q4 2025), and $44.9 million (Q3 2025), per Business Quant data.