Verano Holdings (VRNO) Free Cash Flow (2021 - 2026)
Verano Holdings (VRNO) posted Free Cash Flow of $18.75 million for Q2 2026, compared with $431,000 a year earlier and up 413.8% from the prior quarter.
Verano Holdings (VRNO) Free Cash Flow (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Verano Holdings was $45.68 million; for FY2025, it came in at $11.63 million, down 11.5% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- In prior years, Verano Holdings' Free Cash Flow was $13.15 million in FY2024 (-82.1%), $73.38 million in FY2023, -$24.83 million in FY2022 and $41.61 million in FY2021 (+262.6%).
- Quarterly Free Cash Flow has run from a low of -$29.36 million in Q2 2022 to a high of $32.85 million in Q3 2021 over five years.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $3.65 million (Q1 2026), $4.38 million (Q4 2025) and $18.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 5.11 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 662.00 Mn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | -20.58 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -9.29 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 32.13 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 8.79 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 22.27 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 26.24 Mn |
| 10 | Verano Holdings | 771.72 Mn | 445.33 Mn | 99.70 Mn | 18.75 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.75 Mn |
| Mar 31, 2026 | 3.65 Mn |
| Dec 31, 2025 | 4.38 Mn |
| Sep 30, 2025 | 18.90 Mn |
| Jun 30, 2025 | 431,000.00 |
| Mar 31, 2025 | -12.08 Mn |
| Dec 31, 2024 | 29.26 Mn |
| Sep 30, 2024 | -26.86 Mn |
| Jun 30, 2024 | -10.60 Mn |
| Mar 31, 2024 | 21.34 Mn |
| Dec 31, 2023 | 22.52 Mn |
| Sep 30, 2023 | 26.66 Mn |
| Jun 30, 2023 | 15.89 Mn |
| Mar 31, 2023 | 8.31 Mn |
| Dec 31, 2022 | 19.58 Mn |
| Sep 30, 2022 | -1.21 Mn |
| Jun 30, 2022 | -29.36 Mn |
| Mar 31, 2022 | -13.84 Mn |
| Dec 31, 2021 | 13.69 Mn |
| Sep 30, 2021 | 32.85 Mn |
Verano Holdings Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=VRNO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "VRNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();