Vireo Growth (VREOF) Gross Margin (2020 - 2026)
Vireo Growth's (VREOF) quarterly Gross Margin came in at 45.53% in Q2 2026, up 312.0% year-over-year from 11.05% in Q2 2025, and down 18.46% quarter-over-quarter from 55.84% in Q1 2026.
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Vireo Growth (VREOF) Gross Margin (2020 - 2026) Analysis & Trends
Vireo Growth has disclosed Gross Margin across 7 years of filings, most recently posting 45.53% for Q2 2026.
- In Q2 2026, Gross Margin rose 312.0% year-over-year to 45.53%; the TTM figure through Jun 2026 stood at 48.64% (up 159.0% YoY), while the FY2025 annual figure was 47.29%, down 380.0% from the prior year.
- Gross Margin came in at 45.53% for Q2 2026 at Vireo Growth, down from 55.84% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 55.84% in Q1 2026 to a low of 15.91% in Q1 2022.
- Average Gross Margin over 5 years is 47.43%, with a median of 49.87% recorded in 2023.
- Year-over-year, Gross Margin plunged 2666 bps in 2022 and surged 3396 bps in 2023.
- Over 5 years, Gross Margin stood at 44.72% in 2022, then advanced by 12 bps to 49.87% in 2023, then increased by 1 bps to 50.56% in 2024, then climbed by 8 bps to 54.43% in 2025, then dropped by 16 bps to 45.53% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 45.53% in Q2 2026, 55.84% in Q1 2026, and 54.43% in Q4 2025.
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 | 2.27 Bn | 1.94 Bn | 162.29 Mn | 59.90% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 44.96% |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 40.30% |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 33.54% |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 45.53% |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 32.13% |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 45.75% |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 22.16% |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | 23.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.53% |
| Mar 31, 2026 | 55.84% |
| Dec 31, 2025 | 54.43% |
| Sep 30, 2025 | 40.79% |
| Jun 30, 2025 | 42.41% |
| Mar 31, 2025 | 50.61% |
| Dec 31, 2024 | 50.56% |
| Sep 30, 2024 | 48.97% |
| Jun 30, 2024 | 53.97% |
| Mar 31, 2024 | 50.83% |
| Dec 31, 2023 | 49.87% |
| Sep 30, 2023 | 53.48% |
| Jun 30, 2023 | 46.20% |
| Mar 31, 2023 | 49.87% |
| Dec 31, 2022 | 44.72% |
| Sep 30, 2022 | 50.58% |
| Jun 30, 2022 | 49.16% |
| Mar 31, 2022 | 15.91% |
| Dec 31, 2021 | 15.78% |
| Sep 30, 2021 | 38.26% |