Ascend Wellness Holdings (AAWH) Revenue (2020 - 2026)
Ascend Wellness Holdings' Revenue was $126.12 million in Q2 2026, down 0.9% from $127.3 million a year earlier but up 7.9% from the prior quarter.
Ascend Wellness Holdings (AAWH) Revenue (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ascend Wellness Holdings' Revenue was $488.33 million through Jun 30, 2026, down 8.4% year-over-year; for FY2025, it came in at $500.58 million, down 10.9% from FY2024.
- Revenue shows a five-year compound annual growth rate of 28.3% (FY2020 to FY2025).
- In earlier years, Revenue was $561.6 million in FY2024 (+8.3%), $518.59 million in FY2023 (+27.8%), $405.93 million in FY2022 (+22.1%) and $332.38 million in FY2021 (+131.3%).
- Quarterly Revenue has moved between $85.09 million (Q1 2022) and $142.41 million (Q1 2024) over five years.
- Compared with a year earlier, Revenue has declined for seven straight quarters, with an average decline of 7.0% over the last eight quarters.
- The best year-over-year quarter for Revenue over five years was Q3 2021 (growth of 127.6%); the worst was Q3 2025 (a decline of 11.9%).
- Per Business Quant data, AAWH's Revenue in the three quarters before Q2 2026 was $116.93 million (Q1 2026), $120.55 million (Q4 2025) and $124.73 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 11.19 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 6.11 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 340.10 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 148.92 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 270.95 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 306.68 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 70.60 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 142.96 Mn |
| 10 | Ascend Wellness Holdings | 227.42 Mn | -72.63 Mn | 45.49 Mn | 126.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 126.12 Mn |
| Mar 31, 2026 | 116.93 Mn |
| Dec 31, 2025 | 120.55 Mn |
| Sep 30, 2025 | 124.73 Mn |
| Jun 30, 2025 | 127.30 Mn |
| Mar 31, 2025 | 128.00 Mn |
| Dec 31, 2024 | 136.01 Mn |
| Sep 30, 2024 | 141.65 Mn |
| Jun 30, 2024 | 141.54 Mn |
| Mar 31, 2024 | 142.41 Mn |
| Dec 31, 2023 | 140.16 Mn |
| Sep 30, 2023 | 141.27 Mn |
| Jun 30, 2023 | 122.99 Mn |
| Mar 31, 2023 | 114.18 Mn |
| Dec 31, 2022 | 112.10 Mn |
| Sep 30, 2022 | 111.24 Mn |
| Jun 30, 2022 | 97.50 Mn |
| Mar 31, 2022 | 85.09 Mn |
| Dec 31, 2021 | 88.50 Mn |
| Sep 30, 2021 | 94.38 Mn |
Ascend Wellness Holdings Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=AAWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "AAWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=AAWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();