Verano Holdings (VRNO) Capital Expenditures (2021 - 2026)

Verano Holdings (VRNO) reported Capital Expenditures of $14.9 million for Q1 2026, up 7.74% year-over-year from $13.9 million in Q1 2025, and up 58.33% quarter-over-quarter from $9.4 million in Q4 2025.

Verano Holdings (VRNO) Capital Expenditures (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has 6 years of Capital Expenditures data on file, last reported at $14.9 million in Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $14.9 million, up 7.74% year-over-year; the trailing twelve-month figure through Mar 2026 was $42.3 million (up 71.45% YoY), and the FY2025 annual result was $41.2 million, up 101.03% from the prior year.
  • Capital Expenditures climbed to $14.9 million in Q1 2026 per VRNO's latest filing, from $9.4 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $84.8 million in Q2 2022 and troughed at -$81.0 million in Q3 2022.
  • A 5-year average of $5.2 million and a median of $9.4 million in 2025 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2023 and 2024: Capital Expenditures plunged 16330.83% in 2023, then soared 468.04% in 2024.
  • A 5-year view of Capital Expenditures shows it stood at $133000.0 in 2022, then sank by 16330.83% to -$21.6 million in 2023, then sank by 197.85% to -$64.3 million in 2024, then jumped by 114.67% to $9.4 million in 2025, then surged by 58.33% to $14.9 million in 2026.
  • Business Quant data shows VRNO's Capital Expenditures at $14.9 million in Q1 2026, $9.4 million in Q4 2025, and $7.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 168.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 110.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 100.80 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 9.10 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 51.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 4.09 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 8.83 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 2.04 Mn
10 Verano Holdings - - 98.98 Mn 14.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.94 Mn
Mar 31, 2026 14.94 Mn
Dec 31, 2025 9.43 Mn
Dec 31, 2025 9.43 Mn
Sep 30, 2025 7.46 Mn
Sep 30, 2025 7.46 Mn
Jun 30, 2025 10.47 Mn
Jun 30, 2025 10.47 Mn
Mar 31, 2025 13.86 Mn
Mar 31, 2025 13.86 Mn
Dec 31, 2024 -64.30 Mn
Dec 31, 2024 -64.30 Mn
Sep 30, 2024 56.59 Mn
Sep 30, 2024 56.59 Mn
Jun 30, 2024 18.52 Mn
Jun 30, 2024 18.52 Mn
Mar 31, 2024 9.70 Mn
Mar 31, 2024 9.70 Mn
Dec 31, 2023 -21.59 Mn
Dec 31, 2023 -21.59 Mn