Verano Holdings (VRNO) Current Taxes (2021 - 2026)
Verano Holdings (VRNO) posted quarterly 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 reported Current Taxes for 6 consecutive years, with $11.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Current Taxes fell 67.65% year-over-year to $11.3 million; the TTM figure through Mar 2026 stood at $11.3 million (down 67.65% YoY), while the FY2025 annual figure was $12.1 million, down 81.03% from the prior year.
- Current Taxes slipped to $11.3 million in Q1 2026 per VRNO's latest filing, from $12.1 million in the prior quarter.
- Across five years, Current Taxes topped out at $285.3 million in Q3 2024 and bottomed at -$23.1 million in Q1 2022.
- Historically, Current Taxes has averaged $150.0 million across 5 years, with a median of $222.3 million in 2022.
- Annual changes were most pronounced in 2022 — Current Taxes soared 38082.33% — and 2025, when it slumped 94.97%.
- Verano Holdings' Current Taxes stood at $252.8 million in 2022, then slipped 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 declined 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 44.07 Bn | 43.10 Bn | - | -355.54 Mn |
| 2 | Teva Pharmaceutical Industries | 43.42 Bn | 39.76 Bn | 2.15 Bn | - |
| 3 | Zoetis | 31.86 Bn | 30.18 Bn | 1.05 Bn | 138.00 Mn |
| 4 | Takeda Pharmaceutical | 28.77 Bn | 22.98 Bn | 5.10 Bn | 739.89 Mn |
| 5 | United Therapeutics | 22.29 Bn | 19.63 Bn | 683.80 Mn | - |
| 6 | Viatris | 18.78 Bn | 17.89 Bn | 1.46 Bn | - |
| 7 | Neurocrine Biosciences | 15.66 Bn | 15.27 Bn | 935.80 Mn | - |
| 8 | Elanco Animal Health | 11.91 Bn | 11.38 Bn | 798.00 Mn | - |
| 9 | Dr Reddys Laboratories | 10.16 Bn | 10.00 Bn | - | 46.00 Mn |
| 10 | Verano Holdings | 441.74 Mn | 356.55 Mn | 99.70 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 |