Ascend Wellness Holdings (AAWH) Gross Margin
Ascend Wellness Holdings (AAWH) currently has a gross margin of 36.7%. Margins are stable over recent quarters. The company is a multi-state cannabis operator (MSO) trading on the OTC.
Current Gross Margin
36.7%
Margin Trend
Stable
Latest Quarter Margin
36.1%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2026 Q2 | $126.1M | $80.6M | $45.5M | 36.1% |
| FY2026 Q1 | $116.9M | $72.1M | $44.9M | 38.4% |
| FY2025 Q4 | $120.5M | $75.4M | $45.1M | 37.4% |
| FY2025 Q3 | $124.7M | $81.1M | $43.6M | 35.0% |
| FY2025 Q2 | $127.3M | $85.9M | $41.4M | 32.5% |
| FY2025 Q1 | $128.0M | $88.4M | $39.6M | 30.9% |
| FY2024 Q4 | $136.0M | $89.1M | $46.9M | 34.5% |
| FY2024 Q3 | $141.6M | $97.9M | $43.7M | 30.9% |
| FY2024 Q2 | $141.5M | $100.0M | $41.6M | 29.4% |
| FY2024 Q1 | $142.4M | $90.4M | $52.0M | 36.5% |
| FY2023 Q4 | $140.2M | $92.6M | $47.5M | 33.9% |
| FY2023 Q3 | $141.3M | $97.7M | $43.6M | 30.8% |
Frequently Asked Questions
What is AAWH's current gross margin?+
Gross margin for Ascend Wellness Holdings is calculated as (revenue minus cost of revenue) divided by revenue, expressed as a percentage. It measures how efficiently the company converts sales into gross profit before operating expenses. Higher margins indicate better pricing power or lower production costs.
What is a good gross margin for cannabis companies?+
Cannabis gross margins vary widely by sub-sector. Retailers typically see 40-55%, vertically integrated MSOs 45-60%, and LPs 20-45%. Ascend Wellness Holdings's margin should be compared to peers in the same sub-sector for meaningful context. Margins above 50% generally indicate strong pricing power.
Why do AAWH's margins change quarter to quarter?+
Gross margin fluctuations for Ascend Wellness Holdings can result from changes in product mix, pricing pressure from competition, input cost changes (e.g., energy, labor), inventory write-downs, or scaling into new markets where initial costs are higher. Seasonal harvest patterns can also affect margins for cultivators.