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

Ascend Wellness Holdings' (AAWH) quarterly Operating Income came in at $2.5 million in Q1 2026, up 2.41% year-on-year from $2.5 million in Q1 2025, and up 114.83% quarter-over-quarter from -$17.2 million in Q4 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.

  • On a quarterly basis, Operating Income rose 2.41% year-over-year to $2.5 million in Q1 2026; TTM through Mar 2026 was -$17.0 million, a 464.95% decrease from a year earlier, with the FY2025 full-year figure at -$17.0 million, down 459.36% from the prior year.
  • Operating Income climbed to $2.5 million in Q1 2026 per AAWH's latest filing, from -$17.2 million in the prior quarter.
  • Across five years, Operating Income topped out at $6.1 million in Q4 2024 and bottomed at -$17.2 million in Q4 2025.
  • The 5-year median for Operating Income is $255000.0 (2023), against an average of -$1.2 million.
  • Across the five-year window, Operating Income tumbled 1219.83% in 2023 and jumped 981.21% in 2024, its largest moves.
  • Year by year, Operating Income stood at $5.4 million in 2022, then plunged by 89.52% to $564000.0 in 2023, then soared by 981.21% to $6.1 million in 2024, then tumbled by 381.58% to -$17.2 million in 2025, then jumped by 114.83% to $2.5 million in 2026.
  • Per Business Quant, the three latest AAWH Operating Income figures stand at $2.5 million (Q1 2026), -$17.2 million (Q4 2025), and -$1.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 652.00 Mn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 833.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -2.65 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 325.80 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn -79.70 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 193.40 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 291.00 Mn
10 Ascend Wellness Holdings 83.00 Mn 22.91 Mn 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