Verano Holdings (VRNO) Deferred Taxes (2021 - 2026)
Verano Holdings' (VRNO) quarterly Deferred Taxes came in at -$6.7 million in Q2 2026, down 1205.43% year-over-year from $608000.0 in Q2 2025, and down 15902.38% quarter-over-quarter from -$42000.0 in Q1 2026.
Analysis
Verano Holdings (VRNO) Deferred Taxes (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Deferred Taxes for 6 consecutive years, with -$6.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Deferred Taxes fell 1205.43% year-over-year to -$6.7 million in Q2 2026; TTM through Jun 2026 was $29.0 million, a 71.83% decrease from a year earlier, with the FY2025 full-year figure at $37.5 million, down 65.48% from the prior year.
- Deferred Taxes was -$6.7 million for Q2 2026 at Verano Holdings, down from -$42000.0 in the prior quarter.
- Over five years, Deferred Taxes peaked at $93.5 million in Q4 2024 and troughed at -$6.7 million in Q2 2026.
- A 5-year average of $13.6 million and a median of $3.1 million in 2023 frame the typical range for Deferred Taxes.
- Across the five-year window, Deferred Taxes soared 2235.97% in 2022 and slumped 1205.43% in 2026, its largest moves.
- Over 5 years, Deferred Taxes stood at $47.9 million in 2022, then sank by 93.52% to $3.1 million in 2023, then surged by 2910.66% to $93.5 million in 2024, then sank by 63.23% to $34.4 million in 2025, then slumped by 119.55% to -$6.7 million in 2026.
- The last three Deferred Taxes figures came in at -$6.7 million (Q2 2026), -$42000.0 (Q1 2026), and $34.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.57 Bn | 169.91 Mn | 88.75 Mn |
| 2 | Trulieve Cannabis | 2.30 Bn | 1.97 Bn | 162.29 Mn | -10.85 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.43 Bn | 137.87 Mn | - |
| 4 | Cronos | 1.18 Bn | 381.72 Mn | 28.45 Mn | - |
| 5 | Glass House Brands | 678.48 Mn | 659.93 Mn | 15.77 Mn | - |
| 6 | Vireo Growth | 563.06 Mn | 420.76 Mn | 95.30 Mn | -5.70 Mn |
| 7 | Tilray Brands | 467.33 Mn | 232.69 Mn | 90.52 Mn | 13.86 Mn |
| 8 | Verano Holdings | 446.12 Mn | 360.93 Mn | 99.70 Mn | -6.72 Mn |
| 9 | Canopy Growth | 397.52 Mn | 150.51 Mn | 16.08 Mn | - |
| 10 | Sndl | 361.28 Mn | 228.73 Mn | 40.74 Mn | -1.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.72 Mn |
| Mar 31, 2026 | -42,000.00 |
| Dec 31, 2025 | 34.38 Mn |
| Sep 30, 2025 | 1.35 Mn |
| Jun 30, 2025 | 608,000.00 |
| Mar 31, 2025 | 1.12 Mn |
| Dec 31, 2024 | 93.51 Mn |
| Sep 30, 2024 | 7.58 Mn |
| Jun 30, 2024 | 5.46 Mn |
| Mar 31, 2024 | 1.96 Mn |
| Mar 31, 2023 | 3.11 Mn |
| Dec 31, 2022 | 47.94 Mn |
| Sep 30, 2022 | 11.34 Mn |
| Jun 30, 2022 | -355,000.00 |
| Mar 31, 2022 | 3.21 Mn |
| Dec 31, 2021 | 32.81 Mn |
| Sep 30, 2021 | -531,000.00 |