Jushi Holdings (JUSH) Gross Margin (2021 - 2026)
Jushi Holdings' Gross Margin came in at 44.22% for Q2 2026, down 0.24 percentage points from 44.47% a year earlier and down 0.75 percentage points from the prior quarter.
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Analysis
Jushi Holdings (JUSH) Gross Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Jushi Holdings reported Gross Margin of 44.41%, up 2.24 percentage points year-over-year; for FY2025, it came in at 43.35%, down 2.59 percentage points from FY2024.
- Gross Margin carries a five-year change of -4.12 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 45.94% in FY2024 (+2.80 pp), 43.14% in FY2023 (+9.55 pp), 33.59% in FY2022 (-6.26 pp) and 39.85% in FY2021 (-7.62 pp).
- The five-year range for quarterly Gross Margin is 28.58% (Q4 2022) to 50.42% (Q2 2024).
- Year-over-year, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of -0.73 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2023 (a gain of 11.97 percentage points), and the weakest in Q1 2025 (a drop of 9.02 percentage points).
- Business Quant data shows JUSH's Gross Margin at 44.97% (Q1 2026), 41.87% (Q4 2025) and 46.69% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 62.51% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 49.96% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 35.41% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 59.90% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 44.96% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 40.30% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 65.55% |
| 10 | Jushi Holdings | 129.80 Mn | 9.55 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% |
API Access
Jushi Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=JUSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "JUSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=JUSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();