Verano Holdings (VRNO) Current Taxes (2021 - 2026)
Verano Holdings' (VRNO) quarterly Current Taxes came in at $11.3 million in 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.
Analysis
Verano Holdings (VRNO) Current Taxes (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Current Taxes for 6 consecutive years, with $11.3 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Current Taxes fell 67.65% year-over-year to $11.3 million in Q1 2026; TTM through Mar 2026 was $11.3 million, a 67.65% decrease from a year earlier, with the FY2025 full-year figure at $12.1 million, down 81.03% from the prior year.
- Current Taxes was $11.3 million for Q1 2026 at Verano Holdings, down 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.
- Across the five-year window, Current Taxes soared 1173.85% in 2023 and tumbled 94.97% in 2025, its largest moves.
- Over 5 years, Current Taxes stood at $252.8 million in 2022, then retreated by 1.7% to $248.5 million in 2023, then sank by 74.28% to $63.9 million in 2024, then slumped by 81.03% to $12.1 million in 2025, then slipped by 6.7% to $11.3 million in 2026.
- The last three Current Taxes figures came in at $11.3 million (Q1 2026), $12.1 million (Q4 2025), and $14.3 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.68 Bn | 2.58 Bn | 169.91 Mn | 11.20 Mn |
| 2 | Trulieve Cannabis | 2.30 Bn | 1.98 Bn | 162.29 Mn | - |
| 3 | Green Thumb Industries | 1.73 Bn | 1.44 Bn | 137.87 Mn | 24.99 Mn |
| 4 | Cronos | 1.18 Bn | 385.45 Mn | 28.45 Mn | 3.55 Mn |
| 5 | Glass House Brands | 673.51 Mn | 654.96 Mn | 15.77 Mn | - |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 12.70 Mn |
| 7 | Tilray Brands | 471.93 Mn | 237.30 Mn | 90.52 Mn | 12.67 Mn |
| 8 | Verano Holdings | 440.28 Mn | 355.08 Mn | 99.70 Mn | - |
| 9 | Canopy Growth | 406.30 Mn | 159.29 Mn | 16.08 Mn | - |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic 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 | 154.51 Mn |