Quarterly ResultOct 28, 2026, 04:41 PM
Jushi Holdings Q3 Revenue Rises to $70.48M; Net Loss Narrows
AI Summary
Jushi Holdings Inc. filed its quarterly report for the period ended September 30, 2026. The company reported an increase in revenue to $70.48 million for the third quarter of 2026, up from $65.68 million in the same period of 2025. The net loss for the quarter narrowed to $12.52 million, or $0.06 per share, compared to a net loss of $23.69 million, or $0.12 per share, in the prior year's third quarter. Total assets grew slightly to $424.94 million, while total liabilities saw a notable increase to $578.98 million. A significant event during the period was the company's domestication from British Columbia, Canada to Nevada, USA.
Key Highlights
- Jushi Holdings Inc. reported Q3 2026 revenue of $70.48 million, up from $65.68 million in Q3 2025.
- Net loss for Q3 2026 was $12.52 million, an improvement from a net loss of $23.69 million in Q3 2025.
- Loss per share for Q3 2026 was $0.06, compared to $0.12 in Q3 2025.
- Total assets increased to $424.94 million as of September 30, 2026, from $422.34 million as of December 31, 2025.
- Total liabilities increased to $578.98 million as of September 30, 2026, from $537.69 million as of December 31, 2025.
- The company completed a domestication from British Columbia, Canada to Nevada, USA on July 30, 2026.
- Debt, net - current portion increased significantly to $32.37 million from $6.64 million.
- Unrecognized tax benefits increased to $201.36 million from $177.24 million.
Price Impact
More from JUSHF