---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-034523"
form_type: "8-K"
ticker: "AAWH"
cik: "0001756390"
company_name: "Ascend Wellness Holdings, Inc."
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T13:11:15.226064+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ascend Wellness Q2 net revenue $141.5M (+15% YoY); net loss of $21.8M vs prior year net income

## Summary
- Net revenue $141.5M, up 15.1% YoY; gross wholesale revenue +30.1% YoY to $79.6M.
- Adjusted EBITDA $28.3M (20.0% margin), up 32.9% YoY; net loss $21.8M vs net income $0.8M in Q2 2023.
- Retail revenue $93.1M (+3.6% YoY); wholesale net revenue $48.5M (+46.2% YoY).
- Cash and cash equivalents $83.7M; net debt $225.6M as of June 30, 2024.
- Generated ~$32M cash from operations (sixth consecutive positive quarter), incl. ~$18M tax refunds.

## SEC filing metadata
- accession: 0001628280-24-034523
- form_type: 8-K
- ticker: AAWH
- cik: 0001756390
- company_name: Ascend Wellness Holdings, Inc.
- filed_at: 2024-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756390/000162828024034523/0001628280-24-034523-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756390/000162828024034523/aawh-20240805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-034523
- JSON: https://secwatch.observer/filing/0001628280-24-034523.json
- Plain text: https://secwatch.observer/filing/0001628280-24-034523.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.