Ascend Wellness Holdings, Inc. (AAWH) Form 10-Q — Aug 12, 2026
Ascend Wellness Holdings (AWH) reported Q2 2026 revenue of $126.1 million, down about 1% year over year, while its net loss narrowed sharply to $9.8 million from $24.4 million a year earlier as gross profit rose to $45.5 million and the company swung to a $5.3 million operating profit. The balance sheet deteriorated: cash fell to $67.0 million from $85.7 million at year-end 2025, first-half operating cash flow dropped to $3.0 million from $23.7 million, and the stockholders' deficit widened to $85.1 million, with total liabilities of $973.4 million now exceeding total assets of $888.3 million.
Key figures
- Revenue
- 126118000
- Total Debt
- 334361000
- Revenue Yoy
- -0.9% YoY in Q2; -4.8% for H1 2026
- Total Assets
- 888322000
- Cash Position
- 67000000
- Shares Outstanding
- 203212781
- H1 revenue
- 243051000
- Sellers notes
- 25133000
- Gross profit q2
- 45491000
- Mortgage note rate
- 8.5%
- Interest expense q2
- 20801000
- Term notes maturity
- July 16, 2029
- Term notes principal
- 300000000
- H1 operating cash flow
- 3040000
- Min liquidity covenant
- 20000000
- Mortgage note principal
- 9345000
- Term notes interest rate
- 12.75%
- Finance lease interest h1
- 17708000
- Interest expense yoy change
- +73%
- H1 operating cash flow prior year
- 23740000
AI analysis
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