Verano Holdings (VRNO) Intangibles (2021 - 2026)

Verano Holdings (VRNO) reported Intangibles of $564.6 million for Q1 2026, down 21.29% year-over-year from $717.3 million in Q1 2025, and down 2.51% quarter-over-quarter 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.

  • Intangibles for Q1 2026 came in at $564.6 million, down 21.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $564.6 million (down 21.29% YoY), and the FY2025 annual result was $579.1 million, down 21.11% from the prior year.
  • Intangibles fell to $564.6 million in Q1 2026 per VRNO's latest filing, from $579.1 million in the prior quarter.
  • Over five years, Intangibles peaked at $1.3 billion in Q2 2022 and troughed at $564.6 million in Q1 2026.
  • A 5-year average of $967.2 million and a median of $1.1 billion in 2024 frame the typical range for Intangibles.
  • The sharpest annual moves came in 2022 and 2025: Intangibles soared 176659.34% in 2022, then slumped 34.72% in 2025.
  • A 5-year view of Intangibles shows it stood at $1.2 billion in 2022, then slipped by 8.01% to $1.1 billion in 2023, then tumbled by 32.42% to $734.0 million in 2024, then fell by 21.11% to $579.1 million in 2025, then fell by 2.51% to $564.6 million in 2026.
  • Business Quant data shows VRNO's Intangibles at $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 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 3.61 Bn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 959.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn -
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 25.57 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 3.23 Bn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 1.80 Bn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 261.03 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 936.46 Mn
10 Verano Holdings - - 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