Verano Holdings (VRNO) Free Cash Flow (2021 - 2026)

Verano Holdings' (VRNO) quarterly Free Cash Flow came in at $3.6 million in Q1 2026, up 130.22% year-on-year from $1.6 million in Q1 2025, and down 16.69% on a QoQ basis from $4.4 million in Q4 2025.

Verano Holdings (VRNO) Free Cash Flow (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has 6 years of Free Cash Flow data on file, last reported at $3.6 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow rose 130.22% year-over-year to $3.6 million in Q1 2026; TTM through Mar 2026 was $27.4 million, a 234.94% increase from a year earlier, with the FY2025 full-year figure at $11.6 million, down 11.55% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $3.6 million, down from $4.4 million in the prior quarter.
  • Over the last five years, Free Cash Flow for VRNO reached as high as $132.7 million in Q4 2022 and fell as low as -$84.8 million in Q3 2022.
  • Historically, Free Cash Flow has averaged $13.0 million across 5 years, with a median of $8.3 million in 2023.
  • On a YoY basis, Free Cash Flow climbed as much as 869.39% in 2022 and fell as far as 358.0% in 2022.
  • Year by year, Free Cash Flow stood at $132.7 million in 2022, then plunged by 59.37% to $53.9 million in 2023, then sank by 45.76% to $29.3 million in 2024, then tumbled by 85.03% to $4.4 million in 2025, then declined by 16.69% to $3.6 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $3.6 million in Q1 2026, $4.4 million in Q4 2025, and $18.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -208.00 Mn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 291.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -373.37 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 363.70 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 348.40 Mn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 144.40 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn -38.00 Mn
10 Verano Holdings 2.02 Bn 1.94 Bn 98.98 Mn 3.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.65 Mn
Mar 31, 2026 3.65 Mn
Dec 31, 2025 4.38 Mn
Dec 31, 2025 4.38 Mn
Sep 30, 2025 18.90 Mn
Sep 30, 2025 18.90 Mn
Jun 30, 2025 431,000.00
Jun 30, 2025 431,000.00
Mar 31, 2025 -12.08 Mn
Mar 31, 2025 -12.08 Mn
Dec 31, 2024 29.26 Mn
Dec 31, 2024 29.26 Mn
Sep 30, 2024 -26.86 Mn
Sep 30, 2024 -26.86 Mn
Jun 30, 2024 -10.60 Mn
Jun 30, 2024 -10.60 Mn
Mar 31, 2024 21.34 Mn
Mar 31, 2024 21.34 Mn
Dec 31, 2023 53.94 Mn
Dec 31, 2023 53.94 Mn