Jushi Holdings Inc. reported second-quarter 2026 results with revenue rising to $71.3M while net loss narrowed to ($7.33M) and diluted loss per share improved to ($0.04) versus the year-ago quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$71.3M$65.05M9.6% | Net income²($7.33M)($12.33M)40.6% | Diluted EPS³($0.04)($0.06)33.3% |
¹ Reported as “Revenue, Net”. ² Reported as “Net Loss”. ³ Reported as “Loss Per Share - Basic And Diluted”.
Business Highlights
- Revenue growth was driven by retail and wholesale expansion across markets, with net revenue up 10% in Q2 and 7% year-to-date.
- Retail units sold increased about 11% in Q2 (9% YTD) while average unit prices declined due to promotions and pricing pressure.
- Jushi-branded products made up roughly 57% of retail sales, with margins improving from higher production volumes.
- Operational expansion continued, with new dispensaries opened in New Jersey and multiple locations in Ohio, bringing the store count to 42 across eight states.
- Company noted market development items including Virginia's move to adult-use (sales beginning 7/1/2027) and a shareholder vote on continuance/domestication plans.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.