Verano Holdings (VRNO) Gross Margin (2021 - 2026)

Verano Holdings (VRNO) has reported Gross Margin for 6 consecutive years, with 45.75% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin fell 1011.0% year-over-year to 45.75% in Q2 2026; TTM through Jun 2026 was 47.83%, a 285.0% decrease from a year earlier, with the FY2025 full-year figure at 50.33%, down 19.0% from the prior year.
• Gross Margin was 45.75% for Q2 2026 at Verano Holdings, down from 47.54% in the prior quarter.
• Over five years, Gross Margin peaked at 55.86% in Q2 2025 and troughed at 43.87% in Q2 2022.
• A 5-year average of 49.53% and a median of 49.24% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin jumped 910 bps in 2022 and tumbled 1011 bps in 2026, its largest moves.
• Over 5 years, Gross Margin stood at 45.74% in 2022, then rose by 8 bps to 49.59% in 2023, then slipped by 1 bps to 49.28% in 2024, then increased by 4 bps to 51.16% in 2025, then decreased by 11 bps to 45.75% in 2026.
• The last three Gross Margin figures came in at 45.75% (Q2 2026), 47.54% (Q1 2026), and 51.16% (Q4 2025), per Business Quant data.