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
DateValue
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