Verano Holdings (VRNO) Capital Expenditures (2021 - 2026)
Verano Holdings' (VRNO) quarterly Capital Expenditures came in at $11.9 million in Q2 2026, up 13.38% year-over-year from $10.5 million in Q2 2025, and down 20.53% quarter-over-quarter from $14.9 million in Q1 2026.
Analysis
Verano Holdings (VRNO) Capital Expenditures (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Capital Expenditures for 6 consecutive years, with $11.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures rose 13.38% year-over-year to $11.9 million in Q2 2026; TTM through Jun 2026 was $43.7 million, a 54.08% decrease from a year earlier, with the FY2025 full-year figure at $41.2 million, down 58.38% from the prior year.
- Capital Expenditures was $11.9 million for Q2 2026 at Verano Holdings, down from $14.9 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $56.6 million in Q3 2024 and troughed at $7.5 million in Q3 2025.
- A 5-year average of $17.9 million and a median of $11.2 million in 2025 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures surged 468.04% in 2024 and slumped 86.82% in 2025, its largest moves.
- Over 5 years, Capital Expenditures stood at $9.5 million in 2022, then gained by 3.95% to $9.8 million in 2023, then surged by 44.96% to $14.2 million in 2024, then tumbled by 33.77% to $9.4 million in 2025, then climbed by 25.82% to $11.9 million in 2026.
- The last three Capital Expenditures figures came in at $11.9 million (Q2 2026), $14.9 million (Q1 2026), and $9.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 49.90 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 21.01 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 20.22 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 1.74 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -2.11 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 108.20 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 10.15 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 11.87 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 532,795.93 |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | -1.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.87 Mn |
| Mar 31, 2026 | 14.94 Mn |
| Dec 31, 2025 | 9.43 Mn |
| Sep 30, 2025 | 7.46 Mn |
| Jun 30, 2025 | 10.47 Mn |
| Mar 31, 2025 | 13.86 Mn |
| Dec 31, 2024 | 14.25 Mn |
| Sep 30, 2024 | 56.59 Mn |
| Jun 30, 2024 | 18.52 Mn |
| Mar 31, 2024 | 9.70 Mn |
| Dec 31, 2023 | 9.83 Mn |
| Sep 30, 2023 | 9.96 Mn |
| Jun 30, 2023 | 7.99 Mn |
| Mar 31, 2023 | 8.56 Mn |
| Dec 31, 2022 | 9.45 Mn |
| Sep 30, 2022 | 22.87 Mn |
| Jun 30, 2022 | 38.55 Mn |
| Mar 31, 2022 | 48.30 Mn |
| Dec 31, 2021 | 49.31 Mn |
| Sep 30, 2021 | 30.17 Mn |