Verano Holdings (VRNO) Change in Taxes (2021 - 2026)
Verano Holdings (VRNO) reported Change in Taxes of -$812000.0 for Q1 2026, down 120.84% year-over-year from $3.9 million in Q1 2025, and down 101.58% quarter-over-quarter from $51.3 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.
- Change in Taxes for Q1 2026 came in at -$812000.0, down 120.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.1 million (up 119.68% YoY), and the FY2025 annual result was $6.8 million, up 233.01% from the prior year.
- Change in Taxes retreated to -$812000.0 in Q1 2026 per VRNO's latest filing, from $51.3 million in the prior quarter.
- Over five years, Change in Taxes peaked at $60.2 million in Q3 2022 and troughed at -$41.7 million in Q4 2024.
- A 5-year average of $5.7 million and a median of $1.9 million in 2023 frame the typical range for Change in Taxes.
- On a YoY basis, Change in Taxes climbed as much as 291.25% in 2024 and fell as far as 2293.0% in 2024.
- A 5-year view of Change in Taxes shows it stood at $30.4 million in 2022, then tumbled by 93.76% to $1.9 million in 2023, then sank by 2293.0% to -$41.7 million in 2024, then surged by 223.02% to $51.3 million in 2025, then tumbled by 101.58% to -$812000.0 in 2026.
- Business Quant data shows VRNO's Change in Taxes at -$812000.0 in Q1 2026, $51.3 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 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | - |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 73.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 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 | 119.80 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 | - |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | - |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | - |
| 10 | Verano Holdings | - | - | 98.98 Mn | -812,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -812,000.00 |
| Mar 31, 2026 | -812,000.00 |
| Dec 31, 2025 | 51.26 Mn |
| Dec 31, 2025 | 51.26 Mn |
| Sep 30, 2025 | -16.96 Mn |
| Sep 30, 2025 | -16.96 Mn |
| Jun 30, 2025 | -31.35 Mn |
| Jun 30, 2025 | -31.35 Mn |
| Mar 31, 2025 | 3.90 Mn |
| Mar 31, 2025 | 3.90 Mn |
| Dec 31, 2024 | -41.67 Mn |
| Dec 31, 2024 | -41.67 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 | 1.90 Mn |
| Dec 31, 2023 | 1.90 Mn |