Verano Holdings (VRNO) Current Taxes (2021 - 2026)
Verano Holdings (VRNO) recorded Current Taxes of $11.31 million in Q1 2026, down 67.7% from $34.96 million a year earlier and down 6.7% from the prior quarter.
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Analysis
Verano Holdings (VRNO) Current Taxes (2021 - 2026) Analysis & Trends
At the end of FY2025, Verano Holdings reported Current Taxes of $12.12 million, down 81.0% from FY2024.
- Annual Current Taxes has declined for three straight years, with a four-year compound annual growth rate of -47.1% (FY2021 to FY2025).
- Across earlier years, Current Taxes came in at $63.91 million in FY2024 (-74.3%), $248.47 million in FY2023 (-1.7%), $252.77 million in FY2022 (+63.6%) and $154.51 million in FY2021.
- The Q1 2026 figure is the lowest quarterly Current Taxes since Q1 2022.
- On a year-over-year basis, Current Taxes has declined for six consecutive quarters, with an average decline of 58.5% over the last eight quarters.
- Peak year-over-year performance for Current Taxes in the last five years was growth of 63.6% in Q4 2022, against a decline of 95.0% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $12.12 million (Q4 2025), $14.34 million (Q3 2025) and $31.31 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 1.08 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | 1.35 Bn |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 11.20 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 28.43 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 24.99 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 3.55 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 8.46 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 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 |
API Access
Verano Holdings Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "VRNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();