Vireo Growth (VREOF) Cost of Revenue (2020 - 2026)
Vireo Growth's (VREOF) quarterly Cost of Revenue came in at $114.0 million in Q2 2026, up 311.55% year-over-year from $27.7 million in Q2 2025, and up 143.07% quarter-over-quarter from $46.9 million in Q1 2026.
Analysis
Vireo Growth (VREOF) Cost of Revenue (2020 - 2026) Analysis & Trends
Vireo Growth has disclosed Cost of Revenue across 7 years of filings, most recently posting $114.0 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 311.55% year-over-year to $114.0 million; the TTM figure through Jun 2026 stood at $262.8 million (up 401.42% YoY), while the FY2025 annual figure was $141.7 million, up 191.43% from the prior year.
- Cost of Revenue came in at $114.0 million for Q2 2026 at Vireo Growth, up from $46.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $114.0 million in Q2 2026 to a low of $161782.0 in Q3 2023.
- Average Cost of Revenue over 5 years is $18.2 million, with a median of $266299.0 recorded in 2022.
- Year-over-year, Cost of Revenue plunged 97.68% in 2023 and surged 22519.81% in 2025.
- Over 5 years, Cost of Revenue stood at $240322.0 in 2022, then declined by 25.93% to $178017.0 in 2023, then soared by 6849.53% to $12.4 million in 2024, then jumped by 284.99% to $47.6 million in 2025, then soared by 139.35% to $114.0 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $114.0 million in Q2 2026, $46.9 million in Q1 2026, and $47.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.69 Bn | 2.60 Bn | 169.91 Mn | 170.19 Mn |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.99 Bn | 162.29 Mn | 108.66 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 168.81 Mn |
| 4 | Cronos | 1.18 Bn | 385.45 Mn | 28.45 Mn | 24.17 Mn |
| 5 | Glass House Brands | 674.33 Mn | 655.78 Mn | 15.77 Mn | 31.25 Mn |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 114.00 Mn |
| 7 | Tilray Brands | 475.19 Mn | 240.56 Mn | 90.52 Mn | 191.19 Mn |
| 8 | Verano Holdings | 439.55 Mn | 354.35 Mn | 99.70 Mn | 118.22 Mn |
| 9 | Canopy Growth | 407.23 Mn | 160.22 Mn | 16.08 Mn | 42.60 Mn |
| 10 | Sndl | 363.86 Mn | 231.31 Mn | 40.74 Mn | 129.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 114.00 Mn |
| Mar 31, 2026 | 46.90 Mn |
| Dec 31, 2025 | 47.63 Mn |
| Sep 30, 2025 | 54.27 Mn |
| Jun 30, 2025 | 27.70 Mn |
| Mar 31, 2025 | 12.10 Mn |
| Dec 31, 2024 | 12.37 Mn |
| Sep 30, 2024 | 239,932.00 |
| Jun 30, 2024 | 189,946.00 |
| Mar 31, 2024 | 222,014.00 |
| Dec 31, 2023 | 178,017.00 |
| Sep 30, 2023 | 161,782.00 |
| Jun 30, 2023 | 227,068.00 |
| Mar 31, 2023 | 225,113.00 |
| Dec 31, 2022 | 240,322.00 |
| Sep 30, 2022 | 292,276.00 |
| Jun 30, 2022 | 175,588.00 |
| Mar 31, 2022 | 9.68 Mn |
| Dec 31, 2021 | 9.32 Mn |
| Sep 30, 2021 | 7.90 Mn |