---
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"
generated_at: "2026-05-15T08:14:58.503253+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Jushi Holdings reports FY2025 revenue $262.9M (+2% YoY); net loss $68.6M; debt refinanced, Va. adult-use law passes

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-002091
- JSON: https://secwatch.observer/filing/0001171843-26-002091.json
- Plain text: https://secwatch.observer/filing/0001171843-26-002091.txt

## Key facts
- Earnings Releases
  Jushi Holdings Inc. reported Q4 2025 results: revenue 68.3 million, net income ($15.6 million).
  - Period: Q4 2025
  - Revenue: 68.3 million
  - Net income: ($15.6 million)
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1909747/000117184326002091/0001171843-26-002091-index.htm
- Earnings Releases
  Jushi Holdings Inc. reported FY 2025 results: revenue 262.9 million, net income ($68.6 million).
  - Period: FY 2025
  - Revenue: 262.9 million
  - Net income: ($68.6 million)
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1909747/000117184326002091/0001171843-26-002091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.