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

Ascend Wellness Holdings has reported Operating Expenses over the past 6 years, most recently at $45.3 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 11.1% year-over-year to $45.3 million; the TTM value through Dec 2025 reached $169.7 million, down 5.45%, while the annual FY2025 figure was $186.7 million, 4.02% up from the prior year.
  • Operating Expenses for Q4 2025 was $45.3 million at Ascend Wellness Holdings, up from $44.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $61.7 million in Q1 2021 and troughed at $29.3 million in Q3 2021.
  • A 5-year average of $40.2 million and a median of $39.1 million in 2022 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: skyrocketed 539.0% in 2021 and later crashed 38.0% in 2022.
  • Year by year, Operating Expenses stood at $31.6 million in 2021, then grew by 14.46% to $36.1 million in 2022, then surged by 30.02% to $47.0 million in 2023, then dropped by 13.21% to $40.8 million in 2024, then increased by 11.1% to $45.3 million in 2025.
  • Business Quant data shows Operating Expenses for AAWH at $45.3 million in Q4 2025, $44.9 million in Q3 2025, and $42.4 million in Q2 2025.