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

Verano Holdings (VRNO) has 6 years of Gross Margin data on file, last reported at 47.54% in Q1 2026.

• On a quarterly basis, Gross Margin rose 8.0% year-over-year to 47.54% in Q1 2026; TTM through Mar 2026 was 50.36%, a 71.0% increase from a year earlier, with the FY2025 full-year figure at 50.33%, down 19.0% from the prior year.
• Gross Margin for Q1 2026 stood at 47.54%, down from 51.16% in the prior quarter.
• Over the last five years, Gross Margin for VRNO reached as high as 13227.17% in Q1 2024 and fell as low as 43.87% in Q2 2022.
• Historically, Gross Margin has averaged 824.82% across 5 years, with a median of 49.28% in 2024.
• Across the five-year window, Gross Margin soared 1317908 bps in 2024 and tumbled 1317970 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 45.74% in 2022, then grew by 8 bps to 49.59% in 2023, then retreated by 1 bps to 49.28% in 2024, then climbed by 4 bps to 51.16% in 2025, then dropped by 7 bps to 47.54% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 47.54% in Q1 2026, 51.16% in Q4 2025, and 46.96% in Q3 2025.