Verano Holdings (VRNO) Free Cash Flow (2021 - 2026)
Verano Holdings (VRNO) reported Free Cash Flow of $3.6 million for Q1 2026, up 130.22% year-over-year from $1.6 million in Q1 2025, and down 16.69% quarter-over-quarter 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.
- Free Cash Flow for Q1 2026 came in at $3.6 million, up 130.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $27.4 million (down 53.05% YoY), and the FY2025 annual result was $11.6 million, down 87.32% from the prior year.
- Free Cash Flow declined to $3.6 million in Q1 2026 per VRNO's latest filing, from $4.4 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $107.8 million in Q4 2024 and troughed at -$75.6 million in Q2 2022.
- A 5-year average of $17.7 million and a median of $15.9 million in 2023 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow slumped 200.74% in 2024, then surged 170.36% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $28.9 million in 2022, then surged by 86.61% to $53.9 million in 2023, then surged by 99.86% to $107.8 million in 2024, then slumped by 95.94% to $4.4 million in 2025, then decreased by 16.69% to $3.6 million in 2026.
- Business Quant data shows VRNO's Free Cash Flow at $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 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | -208.00 Mn |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 291.00 Mn |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 362.50 Mn |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | - |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 136.70 Mn |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | -38.00 Mn |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -169.83 Mn |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 80.53 Mn |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 123.09 Mn |
| 10 | Verano Holdings | - | - | 98.98 Mn | 3.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 107.80 Mn |
| Dec 31, 2024 | 107.80 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 |