Vireo Growth (VREOF) Work In Process (2020 - 2026)
Vireo Growth (VREOF) reported Work In Process of $36.3 million for Q2 2026, up 35.4% from $26.8 million a year earlier and up 12.4% from the prior quarter.
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Analysis
Vireo Growth (VREOF) Work In Process (2020 - 2026) Analysis & Trends
At the end of FY2025, Vireo Growth posted Work In Process of $31 million, up 123.7% from FY2024.
- Work In Process has a five-year compound annual growth rate of 30.1% (FY2020 to FY2025).
- By year, Work In Process came in at $13.86 million in FY2024 (+6.1%), $13.06 million in FY2023 (-8.1%), $14.21 million in FY2022 (-6.3%) and $15.17 million in FY2021 (+82.4%).
- The Q2 2026 figure ranks as the highest quarterly Work In Process in data going back to Q4 2020.
- Year over year, Work In Process has now increased in each of the last eight quarters, with growth averaging 66.9% over the last eight quarters.
- The high point for year-over-year Work In Process in five years was Q3 2025 (growth of 128.7%); the low point was Q1 2024 (a decline of 13.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $32.3 million (Q1 2026), $31 million (Q4 2025) and $30 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn |
| 10 | Vireo Growth | 480.63 Mn | -23.92 Mn | 95.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.30 Mn |
| Mar 31, 2026 | 32.30 Mn |
| Dec 31, 2025 | 31.00 Mn |
| Sep 30, 2025 | 30.00 Mn |
| Jun 30, 2025 | 26.80 Mn |
| Mar 31, 2025 | 14.18 Mn |
| Dec 31, 2024 | 13.86 Mn |
| Sep 30, 2024 | 13.12 Mn |
| Jun 30, 2024 | 13.19 Mn |
| Mar 31, 2024 | 13.15 Mn |
| Dec 31, 2023 | 13.06 Mn |
| Sep 30, 2023 | 12.78 Mn |
| Jun 30, 2023 | 14.08 Mn |
| Mar 31, 2023 | 15.22 Mn |
| Dec 31, 2022 | 14.21 Mn |
| Sep 30, 2022 | 14.35 Mn |
| Jun 30, 2022 | 12.96 Mn |
| Mar 31, 2022 | 12.81 Mn |
| Dec 31, 2021 | 15.17 Mn |
| Sep 30, 2021 | 14.72 Mn |
API Access
Vireo Growth Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=VREOF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "VREOF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=VREOF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();