Verano Holdings (VRNO) Change in Taxes (2021 - 2026)
Verano Holdings' (VRNO) quarterly Change in Taxes came in at -$11.3 million in Q2 2026, up 10.91% year-over-year from -$10.2 million in Q2 2025, and down 1292.86% quarter-over-quarter from -$812000.0 in Q1 2026.
Analysis
Verano Holdings (VRNO) Change in Taxes (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Change in Taxes for 6 consecutive years, with -$11.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Change in Taxes rose 10.91% year-over-year to -$11.3 million in Q2 2026; TTM through Jun 2026 was -$31.3 million, a 86.42% 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 was -$11.3 million for Q2 2026 at Verano Holdings, down from -$812000.0 in the prior quarter.
- Over five years, Change in Taxes peaked at $60.2 million in Q3 2022 and troughed at -$231.7 million in Q4 2024.
- A 5-year average of -$9.3 million and a median of -$5.9 million in 2023 frame the typical range for Change in Taxes.
- The widest YoY moves for Change in Taxes: up 291.25% in 2024, down 9052.75% in 2024.
- Over 5 years, 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 jumped by 96.82% to -$7.4 million in 2025, then slumped by 53.54% to -$11.3 million in 2026.
- The last three Change in Taxes figures came in at -$11.3 million (Q2 2026), -$812000.0 (Q1 2026), and -$7.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.63 Bn | 2.53 Bn | 169.91 Mn | 18.83 Mn |
| 2 | Trulieve Cannabis | 2.23 Bn | 1.90 Bn | 162.29 Mn | -604,000.00 |
| 3 | Green Thumb Industries | 1.61 Bn | 1.33 Bn | 137.87 Mn | 2.09 Mn |
| 4 | Cronos | 1.23 Bn | 437.76 Mn | 28.45 Mn | 2.22 Mn |
| 5 | Glass House Brands | 657.95 Mn | 639.39 Mn | 15.77 Mn | -24,000.00 |
| 6 | Vireo Growth | 554.11 Mn | 411.81 Mn | 95.30 Mn | - |
| 7 | Tilray Brands | 438.94 Mn | 204.31 Mn | 90.52 Mn | - |
| 8 | Verano Holdings | 436.63 Mn | 351.43 Mn | 99.70 Mn | -11.31 Mn |
| 9 | Canopy Growth | 387.68 Mn | 140.67 Mn | 16.08 Mn | - |
| 10 | Sndl | 358.70 Mn | 226.15 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.31 Mn |
| Mar 31, 2026 | -812,000.00 |
| Dec 31, 2025 | -7.37 Mn |
| Sep 30, 2025 | -11.82 Mn |
| Jun 30, 2025 | -12.70 Mn |
| Mar 31, 2025 | -19.90 Mn |
| Dec 31, 2024 | -231.66 Mn |
| Sep 30, 2024 | 33.75 Mn |
| Jun 30, 2024 | -6.83 Mn |
| Mar 31, 2024 | 9.60 Mn |
| Dec 31, 2023 | -2.53 Mn |
| Sep 30, 2023 | 23.98 Mn |
| Jun 30, 2023 | -20.86 Mn |
| Mar 31, 2023 | -5.02 Mn |
| Dec 31, 2022 | 30.44 Mn |
| Sep 30, 2022 | 60.19 Mn |
| Jun 30, 2022 | -22.49 Mn |
| Mar 31, 2022 | 28.00 Mn |
| Dec 31, 2021 | 51.73 Mn |
| Sep 30, 2021 | 26.19 Mn |