Jushi Holdings (JUSH) Gross Margin
Jushi Holdings (JUSH) currently has a gross margin of 44.4%. Margins are contracting over recent quarters. The company is a multi-state cannabis operator (MSO) trading on the OTC.
Current Gross Margin
44.4%
Margin Trend
Contracting
Latest Quarter Margin
44.2%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2026 Q2 | $71.3M | $39.8M | $31.5M | 44.2% |
| FY2026 Q1 | $66.4M | $36.6M | $29.9M | 45.0% |
| FY2025 Q4 | $68.3M | $39.7M | $28.6M | 41.9% |
| FY2025 Q3 | $65.7M | $35.0M | $30.7M | 46.7% |
| FY2025 Q2 | $65.0M | $36.1M | $28.9M | 44.5% |
| FY2025 Q1 | $63.8M | $38.1M | $25.8M | 40.4% |
| FY2024 Q4 | $65.9M | $40.5M | $25.4M | 38.6% |
| FY2024 Q3 | $61.6M | $33.6M | $28.0M | 45.4% |
| FY2024 Q2 | $64.6M | $32.0M | $32.6M | 50.4% |
| FY2024 Q1 | $65.5M | $33.1M | $32.3M | 49.4% |
| FY2023 Q4 | $67.8M | $40.6M | $27.2M | 40.2% |
| FY2023 Q3 | $65.4M | $36.9M | $28.5M | 43.6% |
Frequently Asked Questions
What is JUSH's current gross margin?+
Gross margin for Jushi Holdings is calculated as (revenue minus cost of revenue) divided by revenue, expressed as a percentage. It measures how efficiently the company converts sales into gross profit before operating expenses. Higher margins indicate better pricing power or lower production costs.
What is a good gross margin for cannabis companies?+
Cannabis gross margins vary widely by sub-sector. Retailers typically see 40-55%, vertically integrated MSOs 45-60%, and LPs 20-45%. Jushi Holdings's margin should be compared to peers in the same sub-sector for meaningful context. Margins above 50% generally indicate strong pricing power.
Why do JUSH's margins change quarter to quarter?+
Gross margin fluctuations for Jushi Holdings can result from changes in product mix, pricing pressure from competition, input cost changes (e.g., energy, labor), inventory write-downs, or scaling into new markets where initial costs are higher. Seasonal harvest patterns can also affect margins for cultivators.