Verano Holdings (VRNO) Depreciation & Amortization (CF) (2021 - 2026)
Verano Holdings' Depreciation & Amortization (CF) was $29.43 million in Q2 2026, down 6.5% from $31.49 million a year earlier but up 0.8% from the prior quarter.
Verano Holdings (VRNO) Depreciation & Amortization (CF) (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Verano Holdings' Depreciation & Amortization (CF) was $119.5 million through Jun 30, 2026, down 9.2% year-over-year; for FY2025, it came in at $124.16 million, down 11.1% from FY2024.
- Depreciation & Amortization (CF) has now declined for three consecutive years, though with a five-year compound annual growth rate of 73.6% (FY2020 to FY2025).
- In earlier years, Depreciation & Amortization (CF) was $139.66 million in FY2024 (-1.0%), $141.13 million in FY2023 (-0.2%), $141.39 million in FY2022 (+46.9%) and $96.24 million in FY2021.
- Quarterly Depreciation & Amortization (CF) has moved between $29.19 million (Q1 2026) and $36.87 million (Q3 2024) over five years.
- Compared with a year earlier, Depreciation & Amortization (CF) has declined for seven straight quarters, with an average decline of 8.2% over the last eight quarters.
- The best year-over-year quarter for Depreciation & Amortization (CF) over five years was Q2 2022 (growth of 46.2%); the worst was Q3 2025 (a decline of 14.4%).
- Per Business Quant data, VRNO's Depreciation & Amortization (CF) in the three quarters before Q2 2026 was $29.19 million (Q1 2026), $29.32 million (Q4 2025) and $31.56 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 312.80 Bn | 292.44 Bn | 7.66 Bn | 513.00 Mn |
| 2 | British American Tobacco p.l.c | 132.04 Bn | 108.41 Bn | - | - |
| 3 | Altria | 126.64 Bn | 112.79 Bn | 3.82 Bn | 56.00 Mn |
| 4 | Curaleaf Holdings | 2.11 Bn | 1.72 Bn | 169.91 Mn | 48.61 Mn |
| 5 | Trulieve Cannabis | 2.10 Bn | 715.63 Mn | 162.29 Mn | 25.72 Mn |
| 6 | RLX Technology | 2.01 Bn | -1.76 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.41 Bn | 259.63 Mn | 137.87 Mn | 33.18 Mn |
| 8 | Turning Point Brands | 1.33 Bn | 439.35 Mn | 93.70 Mn | - |
| 9 | Cronos | 1.29 Bn | -1.99 Bn | 28.45 Mn | 3.37 Mn |
| 10 | Verano Holdings | 370.19 Mn | 45.62 Mn | 99.70 Mn | 29.43 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.43 Mn |
| Mar 31, 2026 | 29.19 Mn |
| Dec 31, 2025 | 29.32 Mn |
| Sep 30, 2025 | 31.56 Mn |
| Jun 30, 2025 | 31.49 Mn |
| Mar 31, 2025 | 31.79 Mn |
| Dec 31, 2024 | 31.51 Mn |
| Sep 30, 2024 | 36.87 Mn |
| Jun 30, 2024 | 35.73 Mn |
| Mar 31, 2024 | 35.55 Mn |
| Dec 31, 2023 | 35.57 Mn |
| Sep 30, 2023 | 35.27 Mn |
| Jun 30, 2023 | 35.24 Mn |
| Mar 31, 2023 | 35.06 Mn |
| Dec 31, 2022 | 35.16 Mn |
| Sep 30, 2022 | 36.32 Mn |
| Jun 30, 2022 | 35.48 Mn |
| Mar 31, 2022 | 34.43 Mn |
| Dec 31, 2021 | 30.62 Mn |
| Sep 30, 2021 | 29.56 Mn |
Verano Holdings Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=VRNO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();