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

Verano Holdings' (VRNO) quarterly Change in Inventory came in at $5.7 million in Q1 2026, down 32.36% year-on-year from $8.5 million in Q1 2025, and down 44.56% on a QoQ basis 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.

  • On a quarterly basis, Change in Inventory fell 32.36% year-over-year to $5.7 million in Q1 2026; TTM through Mar 2026 was $44.0 million, a 205.98% increase from a year earlier, with the FY2025 full-year figure at $46.8 million, up 194.29% from the prior year.
  • Change in Inventory for Q1 2026 stood at $5.7 million, down from $10.4 million in the prior quarter.
  • Over the last five years, Change in Inventory for VRNO reached as high as $26.6 million in Q1 2022 and fell as low as -$10.9 million in Q1 2023.
  • Historically, Change in Inventory has averaged $4.0 million across 5 years, with a median of $5.2 million in 2025.
  • Across the five-year window, Change in Inventory tumbled 146.11% in 2022 and soared 528.22% in 2025, its largest moves.
  • Year by year, Change in Inventory stood at -$4.8 million in 2022, then tumbled 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 tumbled by 44.56% to $5.7 million in 2026.
  • Per Business Quant data, the three most recent Change in Inventory figures were $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 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -93.00 Mn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 114.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 119.24 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 40.10 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 123.00 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn -4.30 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn -
10 Verano Holdings 2.02 Bn 1.94 Bn 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