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

Verano Holdings' (VRNO) quarterly Change in Taxes came in at -$812000.0 in Q1 2026, up 95.92% year-on-year from -$414454.4 in Q1 2025, and up 88.98% on a QoQ basis from -$7.4 million in Q4 2025.

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

Verano Holdings (VRNO) has 6 years of Change in Taxes data on file, last reported at -$812000.0 in Q1 2026.

  • On a quarterly basis, Change in Taxes rose 95.92% year-over-year to -$812000.0 in Q1 2026; TTM through Mar 2026 was -$32.7 million, a 85.45% increase from a year earlier, with the FY2025 full-year figure at -$51.8 million, up 73.46% from the prior year.
  • Change in Taxes for Q1 2026 stood at -$812000.0, up from -$7.4 million in the prior quarter.
  • Over the last five years, Change in Taxes for VRNO reached as high as $60.2 million in Q3 2022 and fell as low as -$231.7 million in Q4 2024.
  • Historically, Change in Taxes has averaged -$9.2 million across 5 years, with a median of -$5.0 million in 2023.
  • On a YoY basis, Change in Taxes climbed as much as 291.25% in 2024 and fell as far as 9052.75% in 2024.
  • Year by year, Change in Taxes stood at $30.4 million in 2022, then tumbled by 108.31% to -$2.5 million in 2023, then plunged by 9052.75% to -$231.7 million in 2024, then surged by 96.82% to -$7.4 million in 2025, then surged by 88.98% to -$812000.0 in 2026.
  • Per Business Quant data, the three most recent Change in Taxes figures were -$812000.0 in Q1 2026, -$7.4 million in Q4 2025, and -$17.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 73.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -411.14 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn -
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn -463.40 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 119.80 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 -812,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -812,000.00
Mar 31, 2026 -812,000.00
Dec 31, 2025 -7.37 Mn
Dec 31, 2025 -7.37 Mn
Sep 30, 2025 -16.96 Mn
Sep 30, 2025 -16.96 Mn
Jun 30, 2025 -7.55 Mn
Jun 30, 2025 -7.55 Mn
Mar 31, 2025 -19.90 Mn
Mar 31, 2025 -19.90 Mn
Dec 31, 2024 -231.66 Mn
Dec 31, 2024 -231.66 Mn
Sep 30, 2024 33.75 Mn
Sep 30, 2024 33.75 Mn
Jun 30, 2024 -6.83 Mn
Jun 30, 2024 -6.83 Mn
Mar 31, 2024 9.60 Mn
Mar 31, 2024 9.60 Mn
Dec 31, 2023 -2.53 Mn
Dec 31, 2023 -2.53 Mn