The earnings call highlighted significant operational and strategic achievements, such as improved margins, debt retirement, and retail expansion. However, there were notable challenges with flat revenue, regulatory delays, and competitive pricing pressures. The positive developments in strategic initiatives and financial management are offset by ongoing market challenges.

Company Guidance

During the Ascend Wellness Holdings, Inc. second quarter 2025 earnings call, CEO Samuel Brill highlighted key metrics and strategic initiatives aimed at driving growth and profitability despite industry challenges. The company reported net revenue of $127.3 million, with retail sales contributing $86.5 million and wholesale sales $40.8 million. Ascend achieved a $3.1 million sequential increase in adjusted gross profit and improved its adjusted gross margin by 260 basis points to 43.4%. Adjusted EBITDA was $28.6 million with a margin increase of 130 basis points to 22.4%. Ascend's focus on cost savings and operational efficiencies enabled it to exceed its target of $30 million in annualized cost savings. The company also retired $60 million in term loan debt, bolstering its cash position to $95.3 million and marking its 10th consecutive quarter of positive cash flow from operations, generating $17.8 million. Despite regulatory delays impacting store openings, Ascend remains on track to expand its retail footprint, aiming for 60 stores, and continues to enhance customer engagement through initiatives such as the launch of 225 SKUs, the introduction of a new e-commerce platform, and a revamped loyalty program.

Adjusted Gross Margin Improvement

Adjusted gross margin increased by 260 basis points to 43.4% due to strong execution of CPG strategy and cost savings initiatives.

Debt Retirement and Financial Sustainability

Retired the remaining $60 million on the term loan, resulting in a robust cash position of $95.3 million and achieving the 10th consecutive quarter of positive cash flow from operations.

Retail Footprint Expansion

Added 5 stores to the footprint, bringing the total to 44, with plans to reach 60 stores, representing a 50% expansion from the initial goal.

Launch of New E-commerce Platform

Rolled out a new AI-driven e-commerce platform that increased revenue per customer by 6% and reduced order abandonment by 50% during the pilot.

Introduction of High Wired Brand

High Wired brand drove a 26% increase in pre-roll market share in Illinois and ranked third in infused flower sales in the state.

Ascend Wellness Holdings LLC (AAWH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AAWH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	-0.09 / -	-0.13	―	―	―
Aug 07, 2025	2025 (Q2)	-0.07 / -0.12	-0.1	-20.00% (-0.02)
May 12, 2025	2025 (Q1)	-0.08 / -0.09	-0.09	0.00% (0.00)
Mar 12, 2025	2024 (Q4)	-0.10 / -0.08	-0.09	11.11% (<+0.01)
Nov 12, 2024	2024 (Q3)	-0.09 / -0.13	-0.05	-160.00% (-0.08)
Aug 05, 2024	2024 (Q2)	-0.07 / -0.10	0.004	-2600.00% (-0.10)
May 07, 2024	2024 (Q1)	-0.06 / -0.09	-0.1	10.00% (+0.01)
Mar 12, 2024	2023 (Q4)	-0.07 / -0.09	-0.08	-12.50% (>-0.01)
Nov 07, 2023	2023 (Q3)	-0.07 / -0.05	-0.09	44.44% (+0.04)
Aug 08, 2023	2023 (Q2)	-0.10 / <0.01	-0.11	103.64% (+0.11)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AAWH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$0.46	$0.52	+13.04%
May 12, 2025	$0.37	$0.34	-8.11%
Mar 12, 2025	$0.31	$0.32	+3.23%
Nov 12, 2024	$0.50	$0.56	+12.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ascend Wellness Holdings Llc Class A (AAWH) report earnings?

Ascend Wellness Holdings Llc Class A (AAWH) is schdueled to report earning on Nov 06, 2025, After Close (Confirmed).

What is Ascend Wellness Holdings Llc Class A (AAWH) earnings time?

Ascend Wellness Holdings Llc Class A (AAWH) earnings time is at Nov 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AAWH EPS forecast?

AAWH EPS forecast for the fiscal quarter 2025 (Q3) is -0.09.

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