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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 293.35 Bn | 274.91 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 122.95 Bn | 102.10 Bn | - | - |
| 3 | Altria | 111.79 Bn | 98.00 Bn | 3.82 Bn | 33.00 Mn |
| 4 | Curaleaf Holdings | 2.72 Bn | 2.32 Bn | 169.91 Mn | 20.06 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.09 Bn | 706.80 Mn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.32 Bn | 166.97 Mn | 137.87 Mn | 21.54 Mn |
| 8 | Cronos | 1.19 Bn | -2.04 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.11 Bn | 241.91 Mn | 93.70 Mn | - |
| 10 | Verano Holdings | 783.43 Mn | 457.05 Mn | 99.70 Mn | 10.01 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.01 Mn |
| Mar 31, 2026 | 14.67 Mn |
| Dec 31, 2025 | 14.67 Mn |
| Sep 30, 2025 | 14.79 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 |
| Sep 30, 2021 | 7.70 Mn |
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_KEY
import 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();