Jushi Holdings (JUSH) Gross Margin (2021 - 2026)
Jushi Holdings' (JUSH) quarterly Gross Margin came in at 44.22% in Q2 2026, down 24.0% year-over-year from 58.19% in Q2 2025, and down 1.67% quarter-over-quarter from 44.97% in Q1 2026.
Analysis
Jushi Holdings (JUSH) Gross Margin (2021 - 2026) Analysis & Trends
Jushi Holdings (JUSH) has reported Gross Margin for 6 consecutive years, with 44.22% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 24.0% year-over-year to 44.22% in Q2 2026; TTM through Jun 2026 was 44.41%, a 224.0% increase from a year earlier, with the FY2025 full-year figure at 43.35%, down 259.0% from the prior year.
- Gross Margin was 44.22% for Q2 2026 at Jushi Holdings, down from 44.97% in the prior quarter.
- Over five years, Gross Margin peaked at 50.42% in Q2 2024 and troughed at 28.58% in Q4 2022.
- A 5-year average of 41.85% and a median of 43.23% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 1197 bps in 2023 and slumped 902 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 28.58% in 2022, then jumped by 41 bps to 40.16% in 2023, then declined by 4 bps to 38.58% in 2024, then rose by 9 bps to 41.87% in 2025, then gained by 6 bps to 44.22% in 2026.
- The last three Gross Margin figures came in at 44.22% (Q2 2026), 44.97% (Q1 2026), and 41.87% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 49.96% |
| 2 | Trulieve Cannabis | 2.24 Bn | 1.92 Bn | 162.29 Mn | 59.90% |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 44.96% |
| 4 | Cronos | 1.18 Bn | 381.72 Mn | 28.45 Mn | 40.30% |
| 5 | Glass House Brands | 665.74 Mn | 647.18 Mn | 15.77 Mn | 33.54% |
| 6 | Vireo Growth | 547.80 Mn | 405.50 Mn | 95.30 Mn | 45.53% |
| 7 | Tilray Brands | 470.26 Mn | 235.62 Mn | 90.52 Mn | 32.13% |
| 8 | Verano Holdings | 438.09 Mn | 352.89 Mn | 99.70 Mn | 45.75% |
| 9 | Canopy Growth | 405.29 Mn | 158.28 Mn | 16.08 Mn | 22.16% |
| 10 | Jushi Holdings | 112.48 Mn | 79.15 Mn | 31.53 Mn | 44.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.22% |
| Mar 31, 2026 | 44.97% |
| Dec 31, 2025 | 41.87% |
| Sep 30, 2025 | 46.69% |
| Jun 30, 2025 | 44.47% |
| Mar 31, 2025 | 40.37% |
| Dec 31, 2024 | 38.58% |
| Sep 30, 2024 | 45.44% |
| Jun 30, 2024 | 50.42% |
| Mar 31, 2024 | 49.39% |
| Dec 31, 2023 | 40.16% |
| Sep 30, 2023 | 43.61% |
| Jun 30, 2023 | 46.00% |
| Mar 31, 2023 | 42.85% |
| Dec 31, 2022 | 28.58% |
| Sep 30, 2022 | 38.10% |
| Jun 30, 2022 | 36.65% |
| Mar 31, 2022 | 30.88% |
| Dec 31, 2021 | 29.91% |
| Sep 30, 2021 | 43.21% |