Verano Holdings (VRNO) Depreciation and Depletion (2021 - 2026)
Verano Holdings' Depreciation and Depletion came in at $10.01 million for Q2 2026, up 2.4% from $9.78 million a year earlier but down 31.8% from the prior quarter.
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Analysis
Verano Holdings (VRNO) Depreciation and Depletion (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Verano Holdings reported Depreciation and Depletion of $54.15 million, up 1.4% year-over-year; for FY2025, it came in at $59.19 million, up 9.0% from FY2024.
- Depreciation and Depletion has increased in each of the last four years, with a four-year compound annual growth rate of 20.4% (FY2021 to FY2025).
- Going back by year, Depreciation and Depletion was $54.31 million in FY2024 (+9.3%), $49.68 million in FY2023 (+12.8%), $44.04 million in FY2022 (+56.2%) and $28.19 million in FY2021.
- The five-year range for quarterly Depreciation and Depletion is $7.7 million (Q3 2021) to $15.02 million (Q1 2025).
- Year-over-year, Depreciation and Depletion increased in five of the last eight quarters, with growth averaging 3.4%.
- The fastest year-over-year change in Depreciation and Depletion over five years came in Q4 2022 (growth of 48.2%), and the weakest in Q2 2025 (a decline of 24.5%).
- Business Quant data shows VRNO's Depreciation and Depletion at $14.67 million (Q1 2026), $14.67 million (Q4 2025) and $14.79 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn | - |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn | 39.00 Mn |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn | - |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn | 21.36 Mn |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn | - |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn | 10.30 Mn |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn | 22.28 Mn |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn | - |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.30 Mn |
| Jun 30, 2026 | 10.01 Mn |
| Mar 31, 2026 | 14.67 Mn |
| Dec 31, 2025 | 29.63 Mn |
| Sep 30, 2025 | 9.89 Mn |
| Jun 30, 2025 | 9.78 Mn |
| Mar 31, 2025 | 15.02 Mn |
| Dec 31, 2024 | 14.69 Mn |
| Sep 30, 2024 | 13.91 Mn |
| Jun 30, 2024 | 12.95 Mn |
| Mar 31, 2024 | 12.77 Mn |
| Dec 31, 2023 | 12.75 Mn |
| Sep 30, 2023 | 12.37 Mn |
| Jun 30, 2023 | 12.37 Mn |
| Mar 31, 2023 | 12.19 Mn |
| Dec 31, 2022 | 12.67 Mn |
| Sep 30, 2022 | 11.29 Mn |
| Jun 30, 2022 | 10.49 Mn |
| Mar 31, 2022 | 9.60 Mn |
| Dec 31, 2021 | 8.55 Mn |
API Access
Verano Holdings Depreciation and Depletion 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-depletion&ticker=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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-depletion&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();