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

Ascend Wellness Holdings (AAWH) recorded quarterly Operating Income of $2.5 million in Q1 2026, up 114.83% quarter-over-quarter from -$17.2 million in Q4 2025, and up 2.41% on a YoY basis from $2.5 million in Q1 2025.

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

Ascend Wellness Holdings' Operating Income history runs 7 years deep, the most recent figure standing at $2.5 million for Q1 2026.

  • In Q1 2026, Operating Income rose 2.41% year-over-year to $2.5 million; the TTM figure through Mar 2026 stood at -$17.0 million (down 464.95% YoY), while the FY2025 annual figure was -$17.0 million, down 459.36% from the prior year.
  • Operating Income was $2.5 million for Q1 2026 at Ascend Wellness Holdings, up from -$17.2 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $6.1 million in Q4 2024 to a low of -$17.2 million in Q4 2025.
  • Historically, Operating Income has averaged -$1.2 million across 5 years, with a median of $255000.0 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Operating Income tumbled 1219.83% in 2023, then surged 981.21% in 2024.
  • A 5-year view of Operating Income shows it stood at $5.4 million in 2022, then slumped by 89.52% to $564000.0 in 2023, then soared by 981.21% to $6.1 million in 2024, then sank by 381.58% to -$17.2 million in 2025, then jumped by 114.83% to $2.5 million in 2026.
  • The last three Operating Income figures came in at $2.5 million (Q1 2026), -$17.2 million (Q4 2025), and -$1.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 652.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 833.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 325.80 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 14.03 Mn
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 193.40 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 307.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -48.28 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -78.32 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 81.33 Mn
10 Ascend Wellness Holdings - - 44.88 Mn 2.55 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.55 Mn
Dec 31, 2025 -17.17 Mn
Sep 30, 2025 -1.33 Mn
Jun 30, 2025 -1.00 Mn
Mar 31, 2025 2.49 Mn
Dec 31, 2024 6.10 Mn
Sep 30, 2024 -2.42 Mn
Jun 30, 2024 -1.52 Mn
Mar 31, 2024 2.58 Mn
Dec 31, 2023 564,000.00
Sep 30, 2023 3.55 Mn
Jun 30, 2023 -7.99 Mn
Mar 31, 2023 255,000.00
Dec 31, 2022 5.38 Mn
Sep 30, 2022 2.48 Mn
Jun 30, 2022 -605,000.00
Mar 31, 2022 -14.78 Mn
Dec 31, 2021 -731,000.00
Sep 30, 2021 11.61 Mn
Jun 30, 2021 3.90 Mn