Verano Holdings (VRNO) Goodwill & Intangibles (2021 - 2026)
Verano Holdings (VRNO) recorded Goodwill & Intangibles of $711.13 million in Q2 2026, down 25.0% from $948.12 million a year earlier and down 2.0% from the prior quarter.
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Analysis
Verano Holdings (VRNO) Goodwill & Intangibles (2021 - 2026) Analysis & Trends
At the end of FY2025, Verano Holdings reported Goodwill & Intangibles of $740.1 million, down 24.5% from FY2024.
- Annual Goodwill & Intangibles has declined for four straight years, though with a five-year compound annual growth rate of 115.2% (FY2020 to FY2025).
- Across earlier years, Goodwill & Intangibles came in at $980.24 million in FY2024 (-25.6%), $1.32 billion in FY2023 (-9.1%), $1.45 billion in FY2022 (-17.1%) and $1.75 billion in FY2021.
- The Q2 2026 figure is the lowest quarterly Goodwill & Intangibles in data going back to Q4 2021.
- On a year-over-year basis, Goodwill & Intangibles has declined for 13 consecutive quarters, with an average decline of 23.1% over the last eight quarters.
- The year-over-year decline in Goodwill & Intangibles has ranged between 6.0% (Q3 2024) and 28.3% (Q3 2025) over the last five years.
- Per Business Quant, the preceding three quarters came in at $725.58 million (Q1 2026), $740.1 million (Q4 2025) and $931.37 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 697.25 Mn |
| Jun 30, 2026 | 711.13 Mn |
| Mar 31, 2026 | 725.58 Mn |
| Dec 31, 2025 | 740.10 Mn |
| Sep 30, 2025 | 931.37 Mn |
| Jun 30, 2025 | 948.12 Mn |
| Mar 31, 2025 | 964.86 Mn |
| Dec 31, 2024 | 980.24 Mn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.27 Bn |
| Mar 31, 2024 | 1.29 Bn |
| Dec 31, 2023 | 1.32 Bn |
| Sep 30, 2023 | 1.38 Bn |
| Jun 30, 2023 | 1.40 Bn |
| Mar 31, 2023 | 1.43 Bn |
| Dec 31, 2022 | 1.45 Bn |
| Sep 30, 2022 | 1.71 Bn |
| Jun 30, 2022 | 1.72 Bn |
| Dec 31, 2021 | 1.75 Bn |
API Access
Verano Holdings Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();