Quarterly ResultJul 28, 2026, 04:42 PM
Jushi Q2 Revenue $71.3M, Net Loss $(7.3M); Refinances Debt
AI Summary
Jushi Holdings Inc. reported Q2 2026 net revenue of $71.3 million, an increase from $65.0 million in Q2 2025, and a net loss of $(7.3) million, an improvement from $(12.3) million in the prior year. For the six months, net revenue grew to $137.7 million, and net loss improved to $(27.2) million. The company also refinanced its 2024 Term Loan and Second Lien Notes with a new $160.0 million 2026 Term Loan, which included participation from related parties and resulted in a $5.0 million loss on debt extinguishment.
Key Highlights
- Q2 2026 net revenue increased to $71.3 million from $65.0 million YoY.
- Q2 2026 net loss improved to $(7.3) million from $(12.3) million YoY.
- Q2 2026 basic and diluted loss per share improved to $(0.04) from $(0.06) YoY.
- Refinanced debt with a new $160.0 million 2026 Term Loan in March 2026.
- Incurred a $5.0 million loss on debt extinguishment/modification.
- Net cash from operating activities for six months was $9.4 million, up from $5.6 million.
- Recorded a $1.3 million non-cash impairment charge on long-lived assets.
- Shareholders approved continuance from British Columbia to Nevada.
Price Impact
More from JUSHF