Verano Holdings (VRNO) EBT (2021 - 2026)

Verano Holdings' (VRNO) quarterly EBT came in at -$6.2 million in Q1 2026, down 206.27% year-on-year from $5.8 million in Q1 2025, and up 96.41% on a QoQ basis from -$172.7 million in Q4 2025.

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

Verano Holdings (VRNO) has 6 years of EBT data on file, last reported at -$6.2 million in Q1 2026.

  • On a quarterly basis, EBT fell 206.27% year-over-year to -$6.2 million in Q1 2026; TTM through Mar 2026 was -$178.3 million, a 40.72% increase from a year earlier, with the FY2025 full-year figure at -$166.2 million, up 44.57% from the prior year.
  • EBT for Q1 2026 stood at -$6.2 million, up from -$172.7 million in the prior quarter.
  • Over the last five years, EBT for VRNO reached as high as $27.0 million in Q3 2023 and fell as low as -$318.2 million in Q4 2024.
  • Historically, EBT has averaged -$35.8 million across 5 years, with a median of $5.8 million in 2025.
  • Across the five-year window, EBT jumped 1063.85% in 2023 and sank 866.26% in 2024, its largest moves.
  • Year by year, EBT stood at -$216.6 million in 2022, then jumped by 84.8% to -$32.9 million in 2023, then sank by 866.26% to -$318.2 million in 2024, then surged by 45.74% to -$172.7 million in 2025, then surged by 96.41% to -$6.2 million in 2026.
  • Per Business Quant data, the three most recent EBT figures were -$6.2 million in Q1 2026, -$172.7 million in Q4 2025, and -$15.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 437.00 Mn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 758.00 Mn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn -2.90 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 318.30 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn -247.30 Mn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 246.80 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 87.00 Mn
10 Verano Holdings 1.99 Bn 1.92 Bn 98.98 Mn -6.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.20 Mn
Dec 31, 2025 -172.68 Mn
Sep 30, 2025 -15.39 Mn
Jun 30, 2025 16.00 Mn
Mar 31, 2025 5.83 Mn
Dec 31, 2024 -318.25 Mn
Sep 30, 2024 2.91 Mn
Jun 30, 2024 8.77 Mn
Mar 31, 2024 6.66 Mn
Dec 31, 2023 -32.94 Mn
Sep 30, 2023 27.03 Mn
Jun 30, 2023 14.62 Mn
Mar 31, 2023 19.08 Mn
Dec 31, 2022 -216.64 Mn
Sep 30, 2022 26.39 Mn
Jun 30, 2022 1.26 Mn
Mar 31, 2022 25.59 Mn
Dec 31, 2021 30.22 Mn
Sep 30, 2021 15.12 Mn
Jun 30, 2021 -6.15 Mn