Design/methodology/approach A novel modified Reynolds equation has been developed to accommodate the effects of lubricant inertia and cavitation. The cavitation is treated by using mass-conserving (Jakobsson−Floberg−Olsson [JFO]) boundary conditions. The governing equation is solved by the Gauss−Seidel method with successive over-relaxation. To enhance computational efficiency and expedite the convergence process, the progressive mesh densification (PMD) method has been integrated into the solution process. Findings The current study indicates that the JFO boundary conditions result in higher load-carrying capacity and lesser friction variables for heavily loaded bearings, whereas the flow coefficient is reduced due to the application of JFO boundary conditions. The lubricant inertia effect enhances the flow coefficients for lightly loaded and protrusion-textured bearings. Originality/value It is crucial to understand the combined effects of lubricant inertia and cavitation for the effective design of textured journal bearings. The findings from this work will help in designing textured journal bearings more effectively and accurately, particularly when low-viscosity oil is used. Peer review The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-07-2024-0276/