Ascend Wellness Holdings (AAWH) Shares Outstanding (Diluted) (2020 - 2026)
Ascend Wellness Holdings (AAWH) recorded Shares Outstanding (Diluted) of 203.01 million in Q2 2026, down 0.4% from 203.87 million a year earlier but up 0.3% from the prior quarter.
Ascend Wellness Holdings (AAWH) Shares Outstanding (Diluted) (2020 - 2026) Analysis & Trends
For FY2025, Ascend Wellness Holdings reported Shares Outstanding (Diluted) of 203.48 million, down 4.2% from FY2024.
- Annual Shares Outstanding (Diluted) has a five-year compound annual growth rate of 16.4% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 212.43 million in FY2024 (+6.7%), 199.15 million in FY2023 (+8.6%), 183.38 million in FY2022 (+22.7%) and 149.43 million in FY2021 (+57.0%).
- Quarterly Shares Outstanding (Diluted) has ranged from 149.43 million in Q4 2021 to 214.29 million in Q3 2024 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for six consecutive quarters, with an average decline of 0.8% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 76.0% in Q3 2021, against a decline of 5.3% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 202.45 million (Q1 2026), 203.48 million (Q4 2025) and 202.97 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.35 Bn | 274.91 Bn | 7.66 Bn | 1.56 Bn |
| 2 | British American Tobacco p.l.c | 122.95 Bn | 102.10 Bn | - | 2.20 Bn |
| 3 | Altria | 111.79 Bn | 98.00 Bn | 3.82 Bn | 1.67 Bn |
| 4 | Curaleaf Holdings | 2.72 Bn | 2.32 Bn | 169.91 Mn | 270.70 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 1.22 Bn |
| 6 | Trulieve Cannabis | 2.09 Bn | 706.80 Mn | 162.29 Mn | 192.71 Mn |
| 7 | Green Thumb Industries | 1.32 Bn | 166.97 Mn | 137.87 Mn | 222.78 Mn |
| 8 | Cronos | 1.19 Bn | -2.04 Bn | 28.45 Mn | 375.06 Mn |
| 9 | Turning Point Brands | 1.11 Bn | 241.91 Mn | 93.70 Mn | 20.16 Mn |
| 10 | Ascend Wellness Holdings | 227.42 Mn | -72.63 Mn | 45.49 Mn | 203.01 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 203.01 Mn |
| Mar 31, 2026 | 202.45 Mn |
| Dec 31, 2025 | 203.48 Mn |
| Sep 30, 2025 | 202.97 Mn |
| Jun 30, 2025 | 203.87 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Dec 31, 2024 | 212.43 Mn |
| Sep 30, 2024 | 214.29 Mn |
| Jun 30, 2024 | 213.16 Mn |
| Mar 31, 2024 | 208.95 Mn |
| Dec 31, 2023 | 199.15 Mn |
| Sep 30, 2023 | 205.71 Mn |
| Jun 30, 2023 | 195.65 Mn |
| Mar 31, 2023 | 188.49 Mn |
| Dec 31, 2022 | 183.38 Mn |
| Sep 30, 2022 | 187.70 Mn |
| Jun 30, 2022 | 185.31 Mn |
| Mar 31, 2022 | 172.49 Mn |
| Dec 31, 2021 | 149.43 Mn |
| Sep 30, 2021 | 169.88 Mn |
Ascend Wellness Holdings Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=AAWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=AAWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();