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

Verano Holdings (VRNO) reported Gross Profit of $99.0 million for Q1 2026, down 0.61% year-over-year from $99.6 million in Q1 2025, and down 6.36% quarter-over-quarter from $105.7 million in Q4 2025.

Verano Holdings (VRNO) Gross Profit (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has 6 years of Gross Profit data on file, last reported at $99.0 million in Q1 2026.

  • Gross Profit for Q1 2026 came in at $99.0 million, down 0.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $412.9 million (down 4.1% YoY), and the FY2025 annual result was $413.5 million, down 6.86% from the prior year.
  • Gross Profit eased to $99.0 million in Q1 2026 per VRNO's latest filing, from $105.7 million in the prior quarter.
  • Over five years, Gross Profit peaked at $133.2 million in Q3 2023 and troughed at $95.2 million in Q3 2025.
  • A 5-year average of $109.1 million and a median of $109.1 million in 2024 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2022 and 2024: Gross Profit soared 41.76% in 2022, then retreated 18.11% in 2024.
  • A 5-year view of Gross Profit shows it stood at $103.3 million in 2022, then advanced by 13.81% to $117.6 million in 2023, then declined by 8.57% to $107.5 million in 2024, then fell by 1.71% to $105.7 million in 2025, then retreated by 6.36% to $99.0 million in 2026.
  • Business Quant data shows VRNO's Gross Profit at $99.0 million in Q1 2026, $105.7 million in Q4 2025, and $95.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 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
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn
10 Verano Holdings - - 98.98 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 98.98 Mn
Mar 31, 2026 98.98 Mn
Dec 31, 2025 105.70 Mn
Dec 31, 2025 105.70 Mn
Sep 30, 2025 95.24 Mn
Sep 30, 2025 95.24 Mn
Jun 30, 2025 112.98 Mn
Jun 30, 2025 112.98 Mn
Mar 31, 2025 99.58 Mn
Mar 31, 2025 99.58 Mn
Dec 31, 2024 107.53 Mn
Dec 31, 2024 107.53 Mn
Sep 30, 2024 109.10 Mn
Sep 30, 2024 109.10 Mn
Jun 30, 2024 114.34 Mn
Jun 30, 2024 114.34 Mn
Mar 31, 2024 112.96 Mn
Mar 31, 2024 112.96 Mn
Dec 31, 2023 117.61 Mn
Dec 31, 2023 117.61 Mn