Verano Holdings (VRNO) Invested Capital (2021 - 2026)

Verano Holdings (VRNO) reported Invested Capital of $1.1 billion for Q1 2026, down 20.61% year-over-year from $1.4 billion in Q1 2025, and down 2.03% quarter-over-quarter from $1.1 billion in Q4 2025.

Verano Holdings (VRNO) Invested Capital (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has 6 years of Invested Capital data on file, last reported at $1.1 billion in Q1 2026.

  • Invested Capital for Q1 2026 came in at $1.1 billion, down 20.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (down 20.61% YoY), and the FY2025 annual result was $1.1 billion, down 19.11% from the prior year.
  • Invested Capital slipped to $1.1 billion in Q1 2026 per VRNO's latest filing, from $1.1 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $2.0 billion in Q2 2022 and troughed at -$4.8 million in Q1 2022.
  • A 5-year average of $1.5 billion and a median of $1.6 billion in 2024 frame the typical range for Invested Capital.
  • The sharpest annual moves came in 2023 and 2025: Invested Capital soared 36902.82% in 2023, then slipped 21.46% in 2025.
  • A 5-year view of Invested Capital shows it stood at $1.8 billion in 2022, then declined by 3.92% to $1.7 billion in 2023, then slipped by 19.05% to $1.4 billion in 2024, then decreased by 19.11% to $1.1 billion in 2025, then fell by 2.03% to $1.1 billion in 2026.
  • Business Quant data shows VRNO's Invested Capital at $1.1 billion in Q1 2026, $1.1 billion in Q4 2025, and $1.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 10.84 Bn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 3.23 Bn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 5.90 Bn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 479.60 Mn
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 3.41 Bn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 10.24 Bn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 1.78 Bn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 446.17 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 1.79 Bn
10 Verano Holdings - - 98.98 Mn 1.08 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.08 Bn
Dec 31, 2025 1.10 Bn
Sep 30, 2025 1.29 Bn
Jun 30, 2025 1.33 Bn
Mar 31, 2025 1.36 Bn
Dec 31, 2024 1.36 Bn
Sep 30, 2024 1.64 Bn
Jun 30, 2024 1.62 Bn
Mar 31, 2024 1.68 Bn
Dec 31, 2023 1.69 Bn
Sep 30, 2023 1.74 Bn
Jun 30, 2023 1.75 Bn
Mar 31, 2023 1.75 Bn
Dec 31, 2022 1.75 Bn
Sep 30, 2022 1.93 Bn
Jun 30, 2022 1.95 Bn
Mar 31, 2022 -4.76 Mn
Dec 31, 2021 1.77 Bn