Verano Holdings (VRNO) EBIT (2021 - 2026)
Verano Holdings (VRNO) reported EBIT of $3.14 million for Q2 2026, down 88.0% from $26.21 million a year earlier and down 76.0% from the prior quarter.
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Analysis
Verano Holdings (VRNO) EBIT (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Verano Holdings' EBIT came in at -$132.06 million; for FY2025, it was -$107.09 million.
- By year, EBIT came in at -$237.18 million in FY2024, $84.78 million in FY2023, -$161.13 million in FY2022 and $64.71 million in FY2021 (-31.9%).
- Five-year quarterly EBIT spans a low of -$303.88 million in Q4 2024 and a high of $40.29 million in Q3 2023.
- The high point for year-over-year EBIT in five years was Q1 2023 (growth of 205.4%); the low point was Q2 2026 (a decline of 88.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $13.1 million (Q1 2026), -$157.58 million (Q4 2025) and $9.28 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 4.53 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 3.14 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 4.22 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 19.15 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -370.52 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 19.97 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 7.40 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 16.71 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 3.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.14 Mn |
| Mar 31, 2026 | 13.10 Mn |
| Dec 31, 2025 | -157.58 Mn |
| Sep 30, 2025 | 9.28 Mn |
| Jun 30, 2025 | 26.21 Mn |
| Mar 31, 2025 | 15.00 Mn |
| Dec 31, 2024 | -303.88 Mn |
| Sep 30, 2024 | 16.77 Mn |
| Jun 30, 2024 | 27.27 Mn |
| Mar 31, 2024 | 22.67 Mn |
| Dec 31, 2023 | -19.71 Mn |
| Sep 30, 2023 | 40.29 Mn |
| Jun 30, 2023 | 30.43 Mn |
| Mar 31, 2023 | 33.78 Mn |
| Dec 31, 2022 | -206.98 Mn |
| Sep 30, 2022 | 37.08 Mn |
| Jun 30, 2022 | -2.29 Mn |
| Mar 31, 2022 | 11.06 Mn |
| Dec 31, 2021 | 29.43 Mn |
| Sep 30, 2021 | 23.01 Mn |
API Access
Verano Holdings EBIT 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=ebit&ticker=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();