{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-26-002091","form_type":"8-K","ticker":"JUSHF","cik":"0001909747","company_name":"Jushi Holdings Inc.","filed_at":"2026-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.739752+00:00","generated_at":"2026-05-15T08:14:58.503253+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Jushi Holdings reports FY2025 revenue $262.9M (+2% YoY); net loss $68.6M; debt refinanced, Va. adult-use law passes","bullets":["Full year revenue $262.9M, up 2% YoY; gross margin 43.4%; net loss $68.6M; adjusted EBITDA $50.3M (19.1% margin).","Q4 revenue $68.3M; gross profit $28.6M (41.9% margin); net loss $15.6M; adjusted EBITDA $13.9M (20.4% margin).","Cash and equivalents $26.6M as of Dec 31, 2025; operating cash flow $17.7M for FY; Q4 operating cash flow $6.1M.","Subsequent to year-end, refinanced debt extending maturities to 2029, enhancing liquidity and strengthening balance sheet.","Virginia adult-use legislation passed; regulated retail sales to begin Jan 1, 2027, subject to governor's approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-26-002091","json":"https://secwatch.observer/filing/0001171843-26-002091.json","markdown":"https://secwatch.observer/filing/0001171843-26-002091.md","text":"https://secwatch.observer/filing/0001171843-26-002091.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1909747/000117184326002091/0001171843-26-002091-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1909747/000117184326002091/f8k_033126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:14:58.503253+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"25f608a950fb7a4026e7dc8c282977058fe1bc64","claim":"Jushi Holdings Inc. reported Q4 2025 results: revenue 68.3 million, net income ($15.6 million).","evidence_excerpt":"Financial Highlights Q4 2025 Total revenue of $68.3 million Gross profit and gross profit margin of $28.6 million and 41.9%, respectively Net loss of $15.6 million Adjusted EBITDA 1 and Adjusted EBITDA 1 margin of $13.9 million and 20.4%, respectively Cash, cash equivalents and restricted cash were $26.6 million as of December 31, 2025 Net cash flows provided by operations of $6.1 million FY 2025 Total revenue of $262.9 million Gross profit and gross profit margin of $114.0 million and 43.4%, respectively Net loss of $68.6 million Adjusted EBITDA 1 and Adjusted EBITDA 1 margin of $50.3 million and 19.1%, respectively Net cash flows provided by operations of $17.7 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1909747/000117184326002091/0001171843-26-002091-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q4 2025"},{"label":"Revenue","value":"68.3 million"},{"label":"Net income","value":"($15.6 million)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a10b406b06dd56c547167b183df15e92e6bac435","claim":"Jushi Holdings Inc. reported FY 2025 results: revenue 262.9 million, net income ($68.6 million).","evidence_excerpt":"Financial Highlights Q4 2025 Total revenue of $68.3 million Gross profit and gross profit margin of $28.6 million and 41.9%, respectively Net loss of $15.6 million Adjusted EBITDA 1 and Adjusted EBITDA 1 margin of $13.9 million and 20.4%, respectively Cash, cash equivalents and restricted cash were $26.6 million as of December 31, 2025 Net cash flows provided by operations of $6.1 million FY 2025 Total revenue of $262.9 million Gross profit and gross profit margin of $114.0 million and 43.4%, respectively Net loss of $68.6 million Adjusted EBITDA 1 and Adjusted EBITDA 1 margin of $50.3 million and 19.1%, respectively Net cash flows provided by operations of $17.7 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1909747/000117184326002091/0001171843-26-002091-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"FY 2025"},{"label":"Revenue","value":"262.9 million"},{"label":"Net income","value":"($68.6 million)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}