earnings
confidence high
sentiment neutral
materiality 0.70
Ascend Wellness prelim Q4 rev ~$120M, FY rev ~$500M; GTI arbitration award
Ascend Wellness Holdings, Inc.
2025-FY EPS
reported -$0.58
vs consensus -$0.12
▼ miss
(-399.1%)
- Q4 2025 net revenue ~$120M, Adjusted EBITDA ~$30M (25% margin); FY 2025 net revenue ~$500M, Adj EBITDA ~$117M (23% margin).
- Cash and equivalents ~$86M; no significant debt maturities until 2029; liquidity sufficient for operations.
- Retail footprint expanded to 47 stores; record SKUs and market share gains cited by CEO.
- Arbitration award from Green Thumb Industries issued Feb 5, 2026; company disagrees, evaluating options, says has ample liquidity to satisfy if required.