Verano Holdings (VRNO) Cost of Revenue (2021 - 2026)

Verano Holdings (VRNO) has reported Cost of Revenue for 6 consecutive years, with $118.2 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 32.4% year-over-year to $118.2 million in Q2 2026; TTM through Jun 2026 was $435.9 million, a 4.34% increase from a year earlier, with the FY2025 full-year figure at $408.0 million, down 6.13% from the prior year.
• Cost of Revenue was $118.2 million for Q2 2026 at Verano Holdings, up from $109.2 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $125.5 million in Q2 2022 and troughed at $89.3 million in Q2 2025.
• A 5-year average of $110.5 million and a median of $108.8 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue dropped 17.36% in 2025 and soared 32.4% in 2026, its largest moves.
• Over 5 years, Cost of Revenue stood at $122.6 million in 2022, then slipped by 2.46% to $119.6 million in 2023, then dropped by 7.45% to $110.7 million in 2024, then dropped by 8.81% to $100.9 million in 2025, then grew by 17.14% to $118.2 million in 2026.
• The last three Cost of Revenue figures came in at $118.2 million (Q2 2026), $109.2 million (Q1 2026), and $100.9 million (Q4 2025), per Business Quant data.