Verano Holdings VRNO
OTC VRNO
$6.05 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Verano Holdings (VRNO) EBITDA (2021 - 2026)

Verano Holdings' (VRNO) quarterly EBITDA came in at $3.1 million in Q2 2026, down 88.01% year-over-year from $26.2 million in Q2 2025, and down 76.01% quarter-over-quarter from $13.1 million in Q1 2026.

Analysis

Verano Holdings (VRNO) EBITDA (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has reported EBITDA for 6 consecutive years, with $3.1 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBITDA fell 88.01% year-over-year to $3.1 million in Q2 2026; TTM through Jun 2026 was -$132.1 million, a 46.29% increase from a year earlier, with the FY2025 full-year figure at -$107.1 million, up 54.85% from the prior year.
  • EBITDA was $3.1 million for Q2 2026 at Verano Holdings, down from $13.1 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 -$22.5 million and a median of $14.1 million in 2025 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA surged 1427.66% in 2023 and sank 1441.77% in 2024, its largest moves.
  • Over 5 years, EBITDA stood at -$207.0 million in 2022, then surged by 90.48% to -$19.7 million in 2023, then slumped by 1441.77% to -$303.9 million in 2024, then jumped by 48.14% to -$157.6 million in 2025, then surged by 101.99% to $3.1 million in 2026.
  • The last three EBITDA figures came in at $3.1 million (Q2 2026), $13.1 million (Q1 2026), and -$157.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Curaleaf Holdings 2.69 Bn 2.60 Bn 169.91 Mn 24.29 Mn
2 Trulieve Cannabis 2.31 Bn 1.99 Bn 162.29 Mn -370.52 Mn
3 Green Thumb Industries 1.72 Bn 1.43 Bn 137.87 Mn 19.97 Mn
4 Cronos 1.18 Bn 383.59 Mn 28.45 Mn 7.40 Mn
5 Glass House Brands 672.69 Mn 654.14 Mn 15.77 Mn 5.69 Mn
6 Vireo Growth 550.06 Mn 407.76 Mn 95.30 Mn -4.60 Mn
7 Tilray Brands 475.29 Mn 240.66 Mn 90.52 Mn -16.45 Mn
8 Verano Holdings 439.55 Mn 354.35 Mn 99.70 Mn 3.14 Mn
9 Canopy Growth 407.36 Mn 160.35 Mn 16.08 Mn -15.98 Mn
10 Sndl 363.80 Mn 231.26 Mn 40.74 Mn -5.67 Mn
Historic Data

Historic Data

Download Data
DateValue
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