Ascend Wellness Holdings (AAWH) Revenue (2020 - 2026)
Ascend Wellness Holdings (AAWH) recorded quarterly Revenue of $116.9 million in Q1 2026, down 3.0% quarter-over-quarter from $120.5 million in Q4 2025, and down 8.64% on a YoY basis from $128.0 million in Q1 2025.
Ascend Wellness Holdings (AAWH) Revenue (2020 - 2026) Analysis & Trends
Ascend Wellness Holdings' Revenue history runs 7 years deep, the most recent figure standing at $116.9 million for Q1 2026.
- In Q1 2026, Revenue fell 8.64% year-over-year to $116.9 million; the TTM figure through Mar 2026 stood at $489.5 million (down 10.54% YoY), while the FY2025 annual figure was $500.6 million, down 10.87% from the prior year.
- Revenue was $116.9 million for Q1 2026 at Ascend Wellness Holdings, down from $120.5 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $142.4 million in Q1 2024 to a low of $85.1 million in Q1 2022.
- Historically, Revenue has averaged $123.7 million across 5 years, with a median of $124.7 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Revenue surged 34.18% in 2023, then fell 11.94% in 2025.
- A 5-year view of Revenue shows it stood at $112.1 million in 2022, then increased by 25.03% to $140.2 million in 2023, then slipped by 2.96% to $136.0 million in 2024, then declined by 11.37% to $120.5 million in 2025, then fell by 3.0% to $116.9 million in 2026.
- The last three Revenue figures came in at $116.9 million (Q1 2026), $120.5 million (Q4 2025), and $124.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 3.98 Bn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 2.26 Bn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 781.50 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 67.54 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 814.50 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 1.37 Bn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | 39.50 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 608.10 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 377.33 Mn |
| 10 | Ascend Wellness Holdings | - | - | 44.88 Mn | 116.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 83.37 Mn |