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

Verano Holdings' (VRNO) quarterly Gross Profit came in at $99.0 million in Q1 2026, down 0.61% year-on-year from $99.6 million in Q1 2025, and down 6.36% on a QoQ basis 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.

  • On a quarterly basis, Gross Profit fell 0.61% year-over-year to $99.0 million in Q1 2026; TTM through Mar 2026 was $412.9 million, a 4.1% decrease from a year earlier, with the FY2025 full-year figure at $413.5 million, down 6.86% from the prior year.
  • Gross Profit for Q1 2026 stood at $99.0 million, down from $105.7 million in the prior quarter.
  • Over the last five years, Gross Profit for VRNO reached as high as $133.2 million in Q3 2023 and fell as low as $95.2 million in Q3 2025.
  • Historically, Gross Profit has averaged $109.1 million across 5 years, with a median of $109.1 million in 2024.
  • Across the five-year window, Gross Profit jumped 41.76% in 2022 and declined 18.11% in 2024, its largest moves.
  • Year by year, Gross Profit stood at $103.3 million in 2022, then increased by 13.81% to $117.6 million in 2023, then decreased by 8.57% to $107.5 million in 2024, then slipped by 1.71% to $105.7 million in 2025, then dropped by 6.36% to $99.0 million in 2026.
  • Per Business Quant data, the three most recent Gross Profit figures were $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 Haleon 87.22 Bn 85.35 Bn -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn
10 Verano Holdings 2.02 Bn 1.94 Bn 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