Ascend Wellness Holdings reported revenue of $126.12M and net income of -$9.81M for the quarter ended Jun 2026, down 0.9% year over year. This income statement covers 26 quarters of results from Mar 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||
| Revenue | 94.38M | 88.50M | 85.09M | 97.50M | 111.24M | 112.10M | 114.18M | 122.99M | 141.27M | 140.16M | 142.41M | 141.54M | 141.65M | 136.01M | 128.00M | 127.30M | 124.73M | 120.55M | 116.93M | 126.12M | ||||||
| Cost of RevenueCost of Rev | 53.43M | 57.66M | 61.64M | 64.53M | 74.60M | 70.59M | 78.47M | 94.67M | 97.71M | 92.62M | 90.37M | 99.96M | 97.92M | 89.14M | 88.44M | 85.91M | 81.13M | 75.42M | 72.05M | 80.63M | ||||||
| Gross Profit | 40.95M | 30.84M | 23.45M | 32.97M | 36.64M | 41.51M | 35.70M | 28.32M | 43.56M | 47.54M | 52.04M | 41.57M | 43.73M | 46.87M | 39.56M | 41.39M | 43.60M | 45.13M | 44.88M | 45.49M | ||||||
| Operating items | ||||||||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 29.34M | 31.57M | 33.23M | 33.57M | 34.16M | 36.13M | 35.45M | 36.30M | 40.01M | 46.98M | 49.46M | 43.09M | 46.15M | 40.77M | 37.08M | 42.39M | 44.93M | 45.30M | 42.34M | 40.21M | ||||||
| Restructuring CostsRestructuring | 5.00M | |||||||||||||||||||||||||
| Operating ExpensesOpex | 29.34M | 31.57M | 38.23M | 33.57M | 34.16M | 36.13M | 35.45M | 36.30M | 40.01M | 46.98M | 49.46M | 43.09M | 46.15M | 40.77M | 37.08M | 42.39M | 44.93M | 45.30M | 42.34M | 40.21M | ||||||
| Operating IncomeOp. Inc | 11.61M | -0.73M | -14.78M | -0.60M | 2.48M | 5.38M | 0.26M | -7.99M | 3.55M | 0.56M | 2.58M | -1.52M | -2.42M | 6.10M | 2.49M | -1.00M | -1.32M | -17.17M | 2.55M | 5.28M | ||||||
| EBIT | 11.61M | -0.73M | -14.78M | -0.60M | 2.48M | 5.38M | 0.26M | -7.99M | 3.55M | 0.56M | 2.58M | -1.52M | -2.42M | 6.10M | 2.49M | -1.00M | -1.32M | -17.17M | 2.55M | 5.28M | ||||||
| Non-operating items | ||||||||||||||||||||||||||
| Non Operating Interest Expenses | 12.38M | 7.39M | 6.03M | 9.25M | 8.43M | 8.72M | 8.97M | 10.48M | 8.96M | 8.56M | 8.54M | 8.54M | 16.48M | 11.71M | 11.19M | 12.06M | 12.56M | 15.48M | 20.25M | 20.80M | ||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.04M | 0.05M | 0.10M | 0.15M | 0.27M | 0.23M | 0.27M | 24.04M | 0.90M | 0.63M | 0.31M | 0.38M | 0.41M | -0.39M | 0.48M | 0.48M | 0.34M | 0.19M | 0.12M | -0.01M | ||||||
| Non Operating IncomeNon Op. Inc. | -12.33M | -7.34M | -5.93M | -9.10M | -8.16M | -8.50M | -8.71M | 13.56M | -8.06M | -7.93M | -8.23M | -8.16M | -16.07M | -12.10M | -10.71M | -11.57M | -12.22M | -15.29M | -20.13M | -20.81M | ||||||
| Net income details | ||||||||||||||||||||||||||
| EBT | -0.72M | -8.07M | -20.71M | -9.70M | -5.68M | -3.11M | -8.46M | 5.58M | -4.51M | -7.37M | -5.65M | -9.68M | -18.49M | -6.00M | -8.23M | -12.58M | -13.55M | -32.47M | -17.59M | -15.53M | ||||||
| Tax ProvisionsTaxes | 12.31M | 8.44M | 7.11M | 11.47M | 11.18M | 11.94M | 10.02M | 4.74M | 6.73M | 11.97M | 12.51M | 12.11M | 9.77M | 10.79M | 11.03M | 11.83M | 12.28M | 16.24M | 11.91M | -5.72M | ||||||
| Profit After TaxPAT | -13.03M | -16.51M | -27.82M | -21.17M | -16.86M | -15.05M | -18.47M | 0.84M | -11.24M | -19.34M | -18.16M | -21.78M | -28.26M | -16.79M | -19.26M | -24.41M | -25.82M | -48.70M | -29.49M | -9.81M | ||||||
| Income from Non-Controlling InterestsInc. Minority | ||||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -13.03M | -16.51M | -27.82M | -21.17M | -16.86M | -15.05M | -18.47M | 0.84M | -11.24M | -19.34M | -18.16M | -21.78M | -28.26M | -16.79M | -19.26M | -24.41M | -25.82M | -48.70M | -29.49M | -9.81M | ||||||
| Consolidated Net IncomeConsol Net Inc. | -13.03M | -16.51M | -27.82M | -21.17M | -16.86M | -15.05M | -18.47M | 0.84M | -11.24M | -19.34M | -18.16M | -21.78M | -28.26M | -16.79M | -19.26M | -24.41M | -25.82M | -48.70M | -29.49M | -9.81M | ||||||
| Income towards Parent CompanyParent Net Inc | -13.03M | -16.51M | -27.82M | -21.17M | -16.86M | -15.05M | -18.47M | 0.84M | -11.24M | -19.34M | -18.16M | -21.78M | -28.26M | -16.79M | -19.26M | -24.41M | -25.82M | -48.70M | -29.49M | -9.81M | ||||||
| Net Income towards Common StockholdersNet Income | -13.03M | -16.51M | -27.82M | -21.17M | -16.86M | -15.05M | -18.47M | 0.84M | -11.24M | -19.34M | -18.16M | -21.78M | -28.26M | -16.79M | -19.26M | -24.41M | -25.82M | -48.70M | -29.49M | -9.81M | ||||||
| Additional items | ||||||||||||||||||||||||||
| EPS (Basic) | -0.08 | -0.11 | -0.16 | -0.11 | -0.09 | -0.08 | -0.10 | 0.00 | -0.05 | -0.10 | -0.09 | -0.10 | -0.13 | -0.08 | -0.09 | -0.12 | -0.13 | -0.24 | -0.15 | -0.05 | ||||||
| EPS (Diluted) | -0.08 | -0.11 | -0.16 | -0.11 | -0.09 | -0.08 | -0.10 | 0.00 | -0.05 | -0.10 | -0.09 | -0.10 | -0.13 | -0.08 | -0.09 | -0.12 | -0.13 | -0.24 | -0.15 | -0.05 | ||||||
| Shares Outstanding | 169.88M | 149.43M | 172.49M | 185.31M | 187.70M | 183.38M | 188.49M | 195.65M | 205.71M | 199.15M | 208.95M | 213.16M | 214.29M | 212.43M | 205.00M | 203.87M | 202.97M | 203.48M | 202.45M | 203.01M | ||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 169.88M | 149.43M | 172.49M | 185.31M | 187.70M | 183.38M | 188.49M | 195.65M | 205.71M | 199.15M | 208.95M | 213.16M | 214.29M | 212.43M | 205.00M | 203.87M | 202.97M | 203.48M | 202.45M | 203.01M | ||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 171.01M | 171.59M | 174.46M | 187.50M | 187.97M | 188.06M | 189.57M | 204.89M | 205.94M | 206.88M | 211.50M | 213.82M | 214.41M | 205.03M | 205.23M | 203.31M | 202.61M | 202.22M | 202.82M | 406.10M | ||||||
| EBITDA | 11.61M | -0.73M | -14.78M | -0.60M | 2.48M | 5.38M | 0.26M | -7.99M | 3.55M | 0.56M | 2.58M | -1.52M | -2.42M | 6.10M | 2.49M | -1.00M | -1.32M | -17.17M | 2.55M | 5.28M | ||||||
| Interest ExpensesInt Expense | 12.38M | 7.39M | 6.03M | 9.25M | 8.43M | 8.72M | 8.97M | 10.48M | 8.96M | 8.56M | 8.54M | 8.54M | 16.48M | 11.71M | 11.19M | 12.06M | 12.56M | 15.48M | 20.25M | 20.80M | ||||||
| Tax Rate | -1,711.68% | -104.62% | -34.32% | -118.27% | -196.66% | -383.30% | -118.47% | 84.92% | -149.00% | -162.49% | -221.30% | -125.09% | -52.83% | -179.76% | -134.08% | -94.08% | -90.65% | -50.01% | -67.71% | 36.85% |