Verano Holdings (VRNO) Change in Inventory (2021 - 2026)

Verano Holdings (VRNO) reported Change in Inventory of $5.7 million for Q1 2026, down 32.36% year-over-year from $8.5 million in Q1 2025, and down 44.56% quarter-over-quarter from $10.4 million in Q4 2025.

Verano Holdings (VRNO) Change in Inventory (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has 6 years of Change in Inventory data on file, last reported at $5.7 million in Q1 2026.

  • Change in Inventory for Q1 2026 came in at $5.7 million, down 32.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $44.0 million (up 205.98% YoY), and the FY2025 annual result was $46.8 million, up 194.29% from the prior year.
  • Change in Inventory fell to $5.7 million in Q1 2026 per VRNO's latest filing, from $10.4 million in the prior quarter.
  • Over five years, Change in Inventory peaked at $26.6 million in Q1 2022 and troughed at -$10.9 million in Q1 2023.
  • A 5-year average of $4.0 million and a median of $5.2 million in 2025 frame the typical range for Change in Inventory.
  • The sharpest annual moves came in 2022 and 2025: Change in Inventory sank 146.11% in 2022, then surged 528.22% in 2025.
  • A 5-year view of Change in Inventory shows it stood at -$4.8 million in 2022, then slumped by 104.95% to -$9.8 million in 2023, then jumped by 75.22% to -$2.4 million in 2024, then surged by 528.22% to $10.4 million in 2025, then slumped by 44.56% to $5.7 million in 2026.
  • Business Quant data shows VRNO's Change in Inventory at $5.7 million in Q1 2026, $10.4 million in Q4 2025, and $5.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn -93.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 114.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 40.10 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 -4.30 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn -
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 6.43 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 20.30 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn -2.11 Mn
10 Verano Holdings - - 98.98 Mn 5.75 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.75 Mn
Mar 31, 2026 5.75 Mn
Dec 31, 2025 10.36 Mn
Dec 31, 2025 10.36 Mn
Sep 30, 2025 5.19 Mn
Sep 30, 2025 5.19 Mn
Jun 30, 2025 22.72 Mn
Jun 30, 2025 22.72 Mn
Mar 31, 2025 8.49 Mn
Mar 31, 2025 8.49 Mn
Dec 31, 2024 -2.42 Mn
Dec 31, 2024 -2.42 Mn
Sep 30, 2024 4.68 Mn
Sep 30, 2024 4.68 Mn
Jun 30, 2024 3.64 Mn
Jun 30, 2024 3.64 Mn
Mar 31, 2024 10.00 Mn
Mar 31, 2024 10.00 Mn
Dec 31, 2023 -9.76 Mn
Dec 31, 2023 -9.76 Mn