# Ascend Wellness Holdings, Inc. (AAWH)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/ascend-wellness-holdings-inc/ JSON: https://steadybase.io/company/ascend-wellness-holdings-inc.json Checked Nov 10, 2026. Latest filing read: Aug 12, 2026.

## Company

- Legal name: Ascend Wellness Holdings, Inc.
- Ticker: AAWH (OTC)
- SEC CIK: 0001756390
- Industry: Medicinal Chemicals & Botanical Products (SIC 2833)
- Headquarters: Rochelle Park, NJ
- Fiscal year ends: December 31
- SEC filer category: <br>Emerging growth company
- Website: awholdings.com
- Investor relations: https://investors.awholdings.com/
- LinkedIn: https://www.linkedin.com/company/ascend-cannabis-dispensary---chicago-midway
- Next earnings date: Nov 12, 2026

## Key facts

- Revenue: $500.6M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/0001628280-26-017374-index.html
- Operating income: -$17.0M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/0001628280-26-017374-index.html
- Net income: -$118.2M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/0001628280-26-017374-index.html
- SG&A: $169.7M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/0001628280-26-017374-index.html
- Employees: 2,300 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/aawh-20251231.htm
- Shares outstanding: 203,212,781 as of Aug 10, 2026 (10-Q filed Aug 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026056352/0001628280-26-056352-index.html
- Auditor: Withumsmith+Brown, Pc, New York, New York, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/aawh-20251231.htm

## Business

Ascend Wellness Holdings, Inc. is a vertically integrated multi-state cannabis operator focused on operating in adult-use or near-term adult-use states in primarily limited license markets. Ascend’s core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which are sold through company-owned retail stores, to retail partner locations, and third-party licensed retail locations. The Company is a reporting issuer in the United States and in each of the provinces and territories of Canada.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/aawh-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $500.6M | -$17.0M | -$118.2M | $169.7M |
| Dec 31, 2024 | $561.6M | $4.7M | -$85.0M | $179.5M |
| Dec 31, 2023 | $518.6M | -$3.6M | -$48.2M | $158.7M |
| Dec 31, 2022 | $405.9M | -$7.5M | -$80.9M | $137.1M |
| Dec 31, 2021 | $332.4M | -$17.2M | -$122.7M | $116.7M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/ascend-wellness-holdings-inc.json

## Officers and directors

- Samuel Brill, Chief Executive Officer and Director. Source: 10-K filed Mar 12, 2026, https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/aawh-20251231.htm
- Roman Nemchenko, Chief Financial Officer. Source: 10-K filed Mar 12, 2026, https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/aawh-20251231.htm
- Francis Perullo, President and Director. Source: 10-K filed Mar 12, 2026, https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/aawh-20251231.htm

## Recent 8-K events

- Aug 31, 2026: Item 5.07, Submission of matters to a vote of security holders; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026059619/aawh-20260828.htm
- Aug 12, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026056190/aawh-20260812.htm
- Jun 25, 2026: Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1756390/000110465926077802/tm2618183d2_8k.htm
- May 13, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026034616/aawh-20260513.htm
- May 5, 2026: Item 3.03, Material modification to rights of security holders; Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 5.07, Submission of matters to a vote of security holders; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026030618/aawh-20260429.htm
- Mar 12, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026017248/aawh-20260312.htm
- Feb 13, 2026: Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026008154/aawh-20260211.htm
- Feb 9, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026006199/aawh-20260209.htm
- Feb 6, 2026: Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026006090/aawh-20260205.htm
- Nov 10, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828025051045/aawh-20251110.htm

## What management said

- "Last quarter, we said we believed we’d reached an important inflection point. This quarter’s performance confirms it" Sam Brill, CEO & Director of AWH (8-K filed Aug 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026056190/awhq22026pressrelease.htm
- "Our growth strategy continues to demonstrate broad, system-wide results. We're consistently adding retail doors, selling more of our own brands through them, and seeing strong financial performance as a result. This model provides a compounding benefit to our core business and a very attractive return on invested capital, and we have ample runway to continue executing this playbook. Beyond the numbers, we made real progress on two fronts that matter for the long term: continu" Frank Perullo, Founder, President & Director of AWH (8-K filed Aug 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026056190/awhq22026pressrelease.htm
- "Every retail door we’ve added has widened our consumer reach, reinforced our brand and market share positioning, and provided additional operating leverage through increased vertical sales. Sustained investment in our operations and processes has meaningfully improved product quality across our portfolio, and that is driving the premiumization of our branded portfolio and improving our revenue per gram. Key pieces of this business are pulling in the same direction — retail de" Frank Perullo, Founder, President & Director of AWH (8-K filed Aug 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/1756390/000162828026056190/awhq22026pressrelease.htm

## Latest filings

- 8-K filed Aug 31, 2026: https://www.sec.gov/Archives/edgar/data/1756390/000162828026059619/aawh-20260828.htm
- 10-K filed Mar 12, 2026: https://www.sec.gov/Archives/edgar/data/1756390/000162828026017374/aawh-20251231.htm
- 10-Q filed Aug 12, 2026: https://www.sec.gov/Archives/edgar/data/1756390/000162828026056352/aawh-20260630.htm
- DEF 14A filed Jul 9, 2026: https://www.sec.gov/Archives/edgar/data/1756390/000110465926082309/tm2618183-3_defm14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/