Ascend Wellness Q2 FY26 net loss narrows to USD 9.8 million; revenue rises 7.9% q/q to USD 126.1 million - AAWH News | RalliesAscend Wellness Q2 FY26 net loss narrows to USD 9.8 million; revenue rises 7.9% q/q to USD 126.1 million
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AAWH• Q2 results and operating metrics
- Ascend Wellness Holdings posted Q2 2026 net revenue of USD 126.1 million, up 7.9% sequentially.
- GAAP net loss narrowed to USD 9.8 million; Adjusted EBITDA (non-GAAP) rose to USD 29.1 million, lifting margin 60 basis points to 23.1%.
- Cash and cash equivalents climbed to USD 67 million; operating cash flow was USD 22.5 million, free cash flow (non-GAAP) totaled USD 19.5 million.
- Retail footprint expanded to 55 locations from 48; total retail transactions increased about 7% sequentially, with combined market share up about 5%.
- Company set an Aug. 28 vote on a reverse stock split to support a planned major U.S. exchange uplisting; Q3 revenue growth guided at 2%-4%.
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