Verano Holdings (VRNO) EBIT (2021 - 2026)
Verano Holdings (VRNO) reported EBIT of $13.1 million for Q1 2026, down 12.68% year-over-year from $15.0 million in Q1 2025, and up 108.31% quarter-over-quarter from -$157.6 million in Q4 2025.
Verano Holdings (VRNO) EBIT (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has 6 years of EBIT data on file, last reported at $13.1 million in Q1 2026.
- EBIT for Q1 2026 came in at $13.1 million, down 12.68% year-over-year; the trailing twelve-month figure through Mar 2026 was -$109.0 million (up 55.48% YoY), and the FY2025 annual result was -$107.1 million, up 54.85% from the prior year.
- EBIT improved to $13.1 million in Q1 2026 per VRNO's latest filing, from -$157.6 million in the prior quarter.
- Over five years, EBIT peaked at $40.3 million in Q3 2023 and troughed at -$303.9 million in Q4 2024.
- A 5-year average of -$24.5 million and a median of $15.0 million in 2025 frame the typical range for EBIT.
- The sharpest annual moves came in 2023 and 2024: EBIT jumped 1962.39% in 2023, then plunged 1441.77% in 2024.
- A 5-year view of EBIT shows it stood at -$207.0 million in 2022, then soared by 90.48% to -$19.7 million in 2023, then sank by 1441.77% to -$303.9 million in 2024, then surged by 48.14% to -$157.6 million in 2025, then jumped by 108.31% to $13.1 million in 2026.
- Business Quant data shows VRNO's EBIT at $13.1 million in Q1 2026, -$157.6 million in Q4 2025, and $9.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 652.00 Mn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 833.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 325.80 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 14.03 Mn |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 193.40 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 307.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -48.28 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | -78.32 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 81.33 Mn |
| 10 | Verano Holdings | - | - | 98.98 Mn | 13.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 1.64 Mn |
| Dec 31, 2021 | 29.43 Mn |
| Sep 30, 2021 | 23.01 Mn |
| Jun 30, 2021 | -158,000.00 |