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Jushi Holdings (JUSH) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 28, 2026

Jushi Holdings (JUSH) reported revenue of $71.3M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +7% from the quarter before. Operating margin was 1.0%, net loss $7.3M (10.3% of revenue).

Revenue$71.3M
Year over year+10%
Quarter over quarter+7%
Operating margin1.0%
Net earnings−$7.3M

Jushi Holdings, Q2 2026: revenue $71.3M (+10% year over year), operating margin 1.0%, net loss $7.3M, operating cash flow $793K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$71.3M+7%+10%
Operating profit$714K-55%-80%
Net earnings−$7.3M——
Operating cash flow$793K-91%—

What changed

Revenue was $71.3M in Q2 2026, up 10% year over year and up 7% from the previous quarter. Retail was the largest line at 87% of revenue. Wholesale added $3.8M year over year (up 68%), 61% of the total change.

Gross margin was 44.2%, down 0.2 points from Q2 2025. Operating profit was $714K, a 1.0% margin (down 4.5 points year over year). Operating profit fell $2.9M even though revenue rose $6.3M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 22% against revenue growth of 10%. The quarter ended with a net loss of $7.3M, narrower than the previous quarter's $19.8M loss. Net interest and other expense of $9.0M was the main reason.

Operating cash flow was $793K. Non-cash charges added back $9.2M of depreciation and amortization and $312K of share-based compensation. Working capital and other items used $1.4M. Capital expenditures of $3.9M exceeded it, leaving free cash flow of −$3.1M.

Questions

What was Jushi Holdings' revenue in the second quarter 2026?

Jushi Holdings (JUSH) reported revenue of $71.3M for the second quarter 2026 (Q2 2026), +10% from a year earlier and +7% from the quarter before.

Was Jushi Holdings profitable in the second quarter 2026?

Operating profit was $714K (1.0% of revenue) and net loss $7.3M.

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Source: Jushi Holdings 10-Q on SEC EDGAR.