Growth Metrics

Ascend Wellness Holdings (AAWH) Revenue (2020 - 2025)

Ascend Wellness Holdings has reported Revenue over the past 6 years, most recently at $120.5 million for Q4 2025.

  • Quarterly results put Revenue at $120.5 million for Q4 2025, down 11.37% from a year ago — trailing twelve months through Dec 2025 was $500.6 million (down 10.87% YoY), and the annual figure for FY2025 was $500.6 million, down 10.87%.
  • Revenue for Q4 2025 was $120.5 million at Ascend Wellness Holdings, down from $124.7 million in the prior quarter.
  • Over the last five years, Revenue for AAWH hit a ceiling of $142.4 million in Q1 2024 and a floor of $66.1 million in Q1 2021.
  • Median Revenue over the past 5 years was $121.8 million (2023), compared with a mean of $116.0 million.
  • Biggest five-year swings in Revenue: surged 228.42% in 2021 and later decreased 11.94% in 2025.
  • Ascend Wellness Holdings' Revenue stood at $88.5 million in 2021, then increased by 26.67% to $112.1 million in 2022, then rose by 25.03% to $140.2 million in 2023, then dropped by 2.96% to $136.0 million in 2024, then fell by 11.37% to $120.5 million in 2025.
  • The last three reported values for Revenue were $120.5 million (Q4 2025), $124.7 million (Q3 2025), and $127.3 million (Q2 2025) per Business Quant data.