2026-03-31 20:02:00
Jushi Holdings Inc. Reports 2025 Financial Results with 2% Revenue Growth and Operational Improvements
Expected Stock impact: Slightly Positive
On March 31, 2026, Jushi Holdings Inc. (CSE: JUSH, OTCQX: JUSHF) announced its financial results for the fourth quarter and full year ended December 31, 2025. The company reported total revenue of $262.9 million for the full year, reflecting a 2% increase year-over-year, driven by contributions from new store openings. In the fourth quarter alone, Jushi generated $68.3 million in revenue, with a gross profit of $28.6 million, representing a gross profit margin of 41.9%. Despite these gains, the company reported a net loss of $15.6 million for Q4 2025 and a total net loss of $68.6 million for the full year. Adjusted EBITDA for Q4 was $13.9 million, with an adjusted EBITDA margin of 20.4%. The company highlighted significant operational improvements, particularly in cultivation performance and product availability, which contributed to the positive revenue growth. Additionally, Jushi successfully refinanced its debt, extending maturities to 2029, which enhances liquidity and strengthens its balance sheet. The company is also poised to benefit from the passage of Virginia's adult-use legislation, which is expected to establish a regulated retail cannabis market by January 1, 2027, pending the Governor's approval. Jushi's management expressed optimism about the operational progress made in 2025 and the opportunities ahead in 2026, particularly in the expanding Virginia market.
