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-on-year from $35.0 million in Q1 2025, and down 6.7% on a QoQ basis 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.

  • 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 for Q1 2026 stood at $11.3 million, down from $12.1 million in the prior quarter.
  • Over the last five years, Current Taxes for VRNO reached as high as $285.3 million in Q3 2024 and fell as low as -$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.
  • Across the five-year window, Current Taxes jumped 38082.33% in 2022 and plunged 94.97% in 2025, its largest moves.
  • Year by year, Current Taxes stood at $252.8 million in 2022, then declined 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 retreated by 6.7% to $11.3 million in 2026.
  • Per Business Quant data, the three most recent Current Taxes figures were $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 Haleon 87.22 Bn 85.35 Bn - 355.15 Mn
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 211.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 624.14 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn -
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - 640.78 Mn
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn -
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn -
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn -
10 Verano Holdings 2.02 Bn 1.94 Bn 98.98 Mn 11.31 Mn

Historic Data

Download Data
DateValue
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