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.

• On a quarterly basis, EBITDA fell 12.68% year-over-year to $13.1 million in Q1 2026; TTM through Mar 2026 was -$109.0 million, a 55.48% increase from a year earlier, with the FY2025 full-year figure at -$107.1 million, up 54.85% from the prior year.
• EBITDA for Q1 2026 stood at $13.1 million, up from -$157.6 million in the prior quarter.
• Over the last five years, EBITDA for VRNO reached as high as $40.3 million in Q3 2023 and fell as low as -$303.9 million in Q4 2024.
• Historically, EBITDA has averaged -$24.5 million across 5 years, with a median of $15.0 million in 2025.
• Across the five-year window, EBITDA surged 1962.39% in 2023 and slumped 1441.77% in 2024, its largest moves.
• Year by year, EBITDA stood at -$207.0 million in 2022, then soared by 90.48% to -$19.7 million in 2023, then slumped 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.
• Per Business Quant data, the three most recent EBITDA figures were $13.1 million in Q1 2026, -$157.6 million in Q4 2025, and $9.3 million in Q3 2025.