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) Operating Expenses (2020 - 2026)

Ascend Wellness Holdings (AAWH) posted Operating Expenses of $40.2 million for Q2 2026, down 5.02% on a QoQ basis from $42.3 million in Q1 2026, and down 5.15% year-over-year from $42.4 million in Q2 2025.

Analysis

Ascend Wellness Holdings (AAWH) Operating Expenses (2020 - 2026) Analysis & Trends

Ascend Wellness Holdings has reported Operating Expenses for 7 years, with the latest figure at $40.2 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 5.15% year-over-year to $40.2 million in Q2 2026; TTM through Jun 2026 was $172.8 million, a 3.84% increase from a year earlier, with the FY2025 full-year figure at $186.7 million, up 4.02% from the prior year.
  • Operating Expenses was $40.2 million for Q2 2026 at Ascend Wellness Holdings, down from $42.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $49.5 million in Q1 2024, with the low at $33.6 million in Q2 2022.
  • Average Operating Expenses over 5 years is $40.7 million, with a median of $40.5 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses sank 38.0% in 2022, then soared 39.53% in 2024.
  • Over 5 years, Operating Expenses stood at $36.1 million in 2022, then jumped by 30.02% to $47.0 million in 2023, then fell by 13.21% to $40.8 million in 2024, then grew by 11.1% to $45.3 million in 2025, then retreated by 11.23% to $40.2 million in 2026.
  • The last three Operating Expenses figures came in at $40.2 million (Q2 2026), $42.3 million (Q1 2026), and $45.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Curaleaf Holdings 2.66 Bn 2.56 Bn 169.91 Mn 165.69 Mn
2 Trulieve Cannabis 2.27 Bn 1.94 Bn 162.29 Mn 532.81 Mn
3 Green Thumb Industries 1.71 Bn 1.42 Bn 137.87 Mn 117.91 Mn
4 Cronos 1.18 Bn 379.85 Mn 28.45 Mn 21.05 Mn
5 Glass House Brands 666.14 Mn 647.59 Mn 15.77 Mn 18.76 Mn
6 Vireo Growth 545.10 Mn 402.80 Mn 95.30 Mn 101.60 Mn
7 Tilray Brands 470.81 Mn 236.18 Mn 90.52 Mn 106.98 Mn
8 Verano Holdings 434.44 Mn 349.24 Mn 99.70 Mn 96.56 Mn
9 Canopy Growth 406.26 Mn 159.25 Mn 16.08 Mn 32.06 Mn
10 Ascend Wellness Holdings 93.59 Mn 26.59 Mn 45.49 Mn 40.21 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 40.21 Mn
Mar 31, 2026 42.34 Mn
Dec 31, 2025 45.30 Mn
Sep 30, 2025 44.93 Mn
Jun 30, 2025 42.39 Mn
Mar 31, 2025 37.08 Mn
Dec 31, 2024 40.77 Mn
Sep 30, 2024 46.15 Mn
Jun 30, 2024 43.10 Mn
Mar 31, 2024 49.46 Mn
Dec 31, 2023 46.98 Mn
Sep 30, 2023 40.01 Mn
Jun 30, 2023 36.30 Mn
Mar 31, 2023 35.45 Mn
Dec 31, 2022 36.13 Mn
Sep 30, 2022 34.16 Mn
Jun 30, 2022 33.57 Mn
Mar 31, 2022 38.23 Mn
Dec 31, 2021 31.57 Mn
Sep 30, 2021 29.34 Mn