Abstract: The COVID-19 pandemic had a devastating impact on the mental health outcomes of high school students in the U.S. Asian American students were additionally confronted with widespread anti-Asian political rhetoric and an increasing escalation of anti-Asian violence. To better understand this phenomenon, this paper employs Asian American critical race theory as a theoretical framework and utilizes data from the U.S. Centers for Disease Control’s 2021 Adolescent Behaviors and Experiences Survey (ABES) and hierarchical regression modeling, to explore the relative impact of ill treatment and key demographics on negative mental health outcomes among Asian American and White high school students. Further, to unpack the unique racial differences, analyses are first performed for these two racial groups combined, and then for each separately. Results indicated that, for Asian American students, being bullied was not a significant predictor of poor mental health, however being treated unfairly at school because of their race or ethnicity was a strong predictor. Moreover, demographic characteristics such as age, grade, and gender were more significantly predictive of poor mental health among Asian American students than their White counterparts. Implications, including structural level interventions to address adolescent mental health in a post-pandemic reality, reflections on Asian American adolescent needs going forward, and future research needs, are discussed.