Verano Holdings (VRNO) EBITDA (2021 - 2026)

Verano Holdings (VRNO) has 6 years of EBITDA data on file, last reported at $13.1 million in Q1 2026.

• EBITDA 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.
• EBITDA improved to $13.1 million in Q1 2026 per VRNO's latest filing, from -$157.6 million in the prior quarter.
• Over five years, EBITDA 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 EBITDA.
• The sharpest annual moves came in 2023 and 2024: EBITDA jumped 1962.39% in 2023, then plunged 1441.77% in 2024.
• A 5-year view of EBITDA 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 EBITDA at $13.1 million in Q1 2026, -$157.6 million in Q4 2025, and $9.3 million in Q3 2025.