Verano Holdings (VRNO) Current Taxes (2021 - 2026)
Verano Holdings (VRNO) reported Current Taxes of $11.3 million for Q1 2026, down 67.65% year-over-year from $35.0 million in Q1 2025, and down 6.7% quarter-over-quarter from $12.1 million in Q4 2025.
Verano Holdings (VRNO) Current Taxes (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has 6 years of Current Taxes data on file, last reported at $11.3 million in Q1 2026.
- Current Taxes for Q1 2026 came in at $11.3 million, down 67.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.3 million (down 67.65% YoY), and the FY2025 annual result was $12.1 million, down 81.03% from the prior year.
- Current Taxes declined to $11.3 million in Q1 2026 per VRNO's latest filing, from $12.1 million in the prior quarter.
- Over five years, Current Taxes peaked at $285.3 million in Q3 2024 and troughed at -$23.1 million in Q1 2022.
- A 5-year average of $150.0 million and a median of $222.3 million in 2022 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2022 and 2025: Current Taxes soared 38082.33% in 2022, then slumped 94.97% in 2025.
- A 5-year view of Current Taxes shows it stood at $252.8 million in 2022, then decreased by 1.7% to $248.5 million in 2023, then plunged by 74.28% to $63.9 million in 2024, then sank by 81.03% to $12.1 million in 2025, then dropped by 6.7% to $11.3 million in 2026.
- Business Quant data shows VRNO's Current Taxes at $11.3 million in Q1 2026, $12.1 million in Q4 2025, and $14.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current 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 | 211.00 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 | 4.61 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 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 | 22.15 Mn |
| 10 | Verano Holdings | - | - | 98.98 Mn | 11.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.31 Mn |
| Dec 31, 2025 | 12.12 Mn |
| Sep 30, 2025 | 14.34 Mn |
| Jun 30, 2025 | 31.31 Mn |
| Mar 31, 2025 | 34.96 Mn |
| Dec 31, 2024 | 63.91 Mn |
| Sep 30, 2024 | 285.27 Mn |
| Jun 30, 2024 | 251.24 Mn |
| Mar 31, 2024 | 258.07 Mn |
| Dec 31, 2023 | 248.47 Mn |
| Sep 30, 2023 | 251.00 Mn |
| Jun 30, 2023 | 227.09 Mn |
| Mar 31, 2023 | 247.75 Mn |
| Dec 31, 2022 | 252.77 Mn |
| Sep 30, 2022 | 222.32 Mn |
| Jun 30, 2022 | 161.43 Mn |
| Mar 31, 2022 | -23.07 Mn |
| Dec 31, 2021 | 662,000.00 |