Ayr Wellness Inc. (AYRWF) Operating Expenses (2019 - 2025)

Ayr Wellness (AYRWF) has reported Operating Expenses for 7 consecutive years, with $61.0 million the latest figure, recorded in Q1 2025.

• On a quarterly basis, Operating Expenses rose 15.99% year-over-year to $61.0 million in Q1 2025; TTM through Mar 2025 was $346.1 million, a 55.69% increase from a year earlier, with the FY2024 full-year figure at $337.7 million, up 40.95% from the prior year.
• Operating Expenses was $61.0 million for Q1 2025 at Ayr Wellness, down from $169.8 million in the prior quarter.
• Over five years, Operating Expenses peaked at $231.3 million in Q4 2022 and troughed at $32.8 million in Q1 2021.
• A 5-year average of $73.5 million and a median of $60.5 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 255.4% in 2022 and slumped 74.54% in 2023, its largest moves.
• Over 5 years, Operating Expenses stood at $65.1 million in 2021, then surged by 255.4% to $231.3 million in 2022, then slumped by 74.54% to $58.9 million in 2023, then jumped by 188.2% to $169.8 million in 2024, then tumbled by 64.04% to $61.0 million in 2025.
• The last three Operating Expenses figures came in at $61.0 million (Q1 2025), $169.8 million (Q4 2024), and $60.5 million (Q3 2024), per Business Quant data.