Verano Holdings (VRNO) Intangibles (2021 - 2026)

Verano Holdings' (VRNO) quarterly Intangibles came in at $564.6 million in Q1 2026, down 21.29% year-on-year from $717.3 million in Q1 2025, and down 2.51% on a QoQ basis from $579.1 million in Q4 2025.

Verano Holdings (VRNO) Intangibles (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has 6 years of Intangibles data on file, last reported at $564.6 million in Q1 2026.

  • On a quarterly basis, Intangibles fell 21.29% year-over-year to $564.6 million in Q1 2026; TTM through Mar 2026 was $564.6 million, a 21.29% decrease from a year earlier, with the FY2025 full-year figure at $579.1 million, down 21.11% from the prior year.
  • Intangibles for Q1 2026 stood at $564.6 million, down from $579.1 million in the prior quarter.
  • Over the last five years, Intangibles for VRNO reached as high as $1.3 billion in Q2 2022 and fell as low as $564.6 million in Q1 2026.
  • Historically, Intangibles has averaged $967.2 million across 5 years, with a median of $1.1 billion in 2024.
  • Across the five-year window, Intangibles jumped 176659.34% in 2022 and plunged 34.72% in 2025, its largest moves.
  • Year by year, Intangibles stood at $1.2 billion in 2022, then fell by 8.01% to $1.1 billion in 2023, then plunged by 32.42% to $734.0 million in 2024, then slipped by 21.11% to $579.1 million in 2025, then slipped by 2.51% to $564.6 million in 2026.
  • Per Business Quant data, the three most recent Intangibles figures were $564.6 million in Q1 2026, $579.1 million in Q4 2025, and $683.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Haleon 89.51 Bn 87.64 Bn - 34.07 Bn
2 Teva Pharmaceutical Industries 36.00 Bn 32.26 Bn 1.97 Bn 3.61 Bn
3 Zoetis 32.61 Bn 30.67 Bn 1.62 Bn 959.00 Mn
4 Takeda Pharmaceutical 27.49 Bn 23.43 Bn 4.39 Bn 21.80 Bn
5 United Therapeutics 23.05 Bn 20.90 Bn 648.10 Mn -
6 RedHill Biopharma 21.48 Bn 21.48 Bn - 5.29 Mn
7 Viatris 20.26 Bn 18.46 Bn 1.16 Bn 14.48 Bn
8 Neurocrine Biosciences 17.79 Bn 16.47 Bn 800.70 Mn -
9 Elanco Animal Health 12.64 Bn 12.21 Bn 785.00 Mn 3.23 Bn
10 Verano Holdings 2.00 Bn 1.92 Bn 98.98 Mn 564.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 564.58 Mn
Dec 31, 2025 579.09 Mn
Sep 30, 2025 683.77 Mn
Jun 30, 2025 700.52 Mn
Mar 31, 2025 717.26 Mn
Dec 31, 2024 734.01 Mn
Sep 30, 2024 1.05 Bn
Jun 30, 2024 1.04 Bn
Mar 31, 2024 1.06 Bn
Dec 31, 2023 1.09 Bn
Sep 30, 2023 1.11 Bn
Jun 30, 2023 1.14 Bn
Mar 31, 2023 1.16 Bn
Dec 31, 2022 1.18 Bn
Sep 30, 2022 1.33 Bn
Jun 30, 2022 1.34 Bn
Dec 31, 2021 1.38 Bn
Jun 30, 2021 760,000.00