Vireo Growth (VREOF) Operating Margin (2020 - 2026)
Vireo Growth's (VREOF) quarterly Operating Margin came in at 3.01% in Q2 2026, up 115.0% year-over-year from 1.4% in Q2 2025, and down 135.52% quarter-over-quarter from 8.47% in Q1 2026.
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Analysis
Vireo Growth (VREOF) Operating Margin (2020 - 2026) Analysis & Trends
Vireo Growth has disclosed Operating Margin across 7 years of filings, most recently posting 3.01% for Q2 2026.
- In Q2 2026, Operating Margin rose 115.0% year-over-year to 3.01%; the TTM figure through Jun 2026 stood at 0.33% (down 212.0% YoY), while the FY2025 annual figure was 0.39%, down 1404.0% from the prior year.
- Operating Margin came in at 3.01% for Q2 2026 at Vireo Growth, down from 8.47% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 23.8% in Q3 2023 to a low of 49.62% in Q1 2022.
- Average Operating Margin over 5 years is 3.37%, with a median of 1.7% recorded in 2022.
- Year-over-year, Operating Margin jumped 6416 bps in 2022 and tumbled 2723 bps in 2025.
- Over 5 years, Operating Margin stood at 3.69% in 2022, then soared by 504 bps to 22.26% in 2023, then plunged by 115 bps to 3.36% in 2024, then jumped by 48 bps to 1.74% in 2025, then slumped by 73 bps to 3.01% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 3.01% in Q2 2026, 8.47% in Q1 2026, and 1.74% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.57 Bn | 169.91 Mn | 1.24% |
| 2 | Trulieve Cannabis | 2.29 Bn | 1.97 Bn | 162.29 Mn | -136.75% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.43 Bn | 137.87 Mn | 6.51% |
| 4 | Cronos | 1.18 Bn | 381.72 Mn | 28.45 Mn | 10.49% |
| 5 | Glass House Brands | 667.78 Mn | 649.22 Mn | 15.77 Mn | -6.37% |
| 6 | Vireo Growth | 547.80 Mn | 405.50 Mn | 95.30 Mn | -3.01% |
| 7 | Tilray Brands | 467.46 Mn | 232.83 Mn | 90.52 Mn | -5.84% |
| 8 | Verano Holdings | 439.55 Mn | 354.35 Mn | 99.70 Mn | 1.44% |
| 9 | Canopy Growth | 403.18 Mn | 156.17 Mn | 16.08 Mn | -22.03% |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | -3.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.01% |
| Mar 31, 2026 | 8.47% |
| Dec 31, 2025 | -1.74% |
| Sep 30, 2025 | 0.88% |
| Jun 30, 2025 | -4.16% |
| Mar 31, 2025 | 8.16% |
| Dec 31, 2024 | -3.36% |
| Sep 30, 2024 | 15.30% |
| Jun 30, 2024 | 23.08% |
| Mar 31, 2024 | 19.76% |
| Dec 31, 2023 | 22.26% |
| Sep 30, 2023 | 23.80% |
| Jun 30, 2023 | -5.16% |
| Mar 31, 2023 | 1.93% |
| Dec 31, 2022 | 3.69% |
| Sep 30, 2022 | -1.00% |
| Jun 30, 2022 | 1.46% |
| Mar 31, 2022 | -49.62% |
| Dec 31, 2021 | -60.47% |
| Sep 30, 2021 | -30.90% |