Verano Holdings (VRNO) Net Income (2021 - 2026)
Verano Holdings' (VRNO) quarterly Net Income came in at -$13.4 million in Q2 2026, up 29.97% year-over-year from -$10.3 million in Q2 2025, and up 24.75% quarter-over-quarter from -$17.8 million in Q1 2026.
Analysis
Verano Holdings (VRNO) Net Income (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Net Income for 6 consecutive years, with -$13.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Income rose 29.97% year-over-year to -$13.4 million in Q2 2026; TTM through Jun 2026 was -$258.5 million, a 25.28% increase from a year earlier, with the FY2025 full-year figure at -$257.9 million, up 24.56% from the prior year.
- Net Income was -$13.4 million for Q2 2026 at Verano Holdings, up from -$17.8 million in the prior quarter.
- Over five years, Net Income peaked at $77000.0 in Q1 2022 and troughed at -$272.7 million in Q4 2024.
- A 5-year average of -$56.5 million and a median of -$18.5 million in 2025 frame the typical range for Net Income.
- Across the five-year window, Net Income soared 66.72% in 2022 and tumbled 12096.1% in 2023, its largest moves.
- Over 5 years, Net Income stood at -$216.1 million in 2022, then surged by 64.24% to -$77.3 million in 2023, then sank by 252.85% to -$272.7 million in 2024, then soared by 32.74% to -$183.4 million in 2025, then soared by 92.69% to -$13.4 million in 2026.
- The last three Net Income figures came in at -$13.4 million (Q2 2026), -$17.8 million (Q1 2026), and -$183.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.63 Bn | 2.53 Bn | 169.91 Mn | 12.52 Mn |
| 2 | Trulieve Cannabis | 2.23 Bn | 1.90 Bn | 162.29 Mn | -406.06 Mn |
| 3 | Green Thumb Industries | 1.61 Bn | 1.33 Bn | 137.87 Mn | 3.43 Mn |
| 4 | Cronos | 1.23 Bn | 437.76 Mn | 28.45 Mn | 35.66 Mn |
| 5 | Glass House Brands | 657.95 Mn | 639.39 Mn | 15.77 Mn | -6.68 Mn |
| 6 | Vireo Growth | 554.11 Mn | 411.81 Mn | 95.30 Mn | -5.80 Mn |
| 7 | Tilray Brands | 438.94 Mn | 204.31 Mn | 90.52 Mn | -29.64 Mn |
| 8 | Verano Holdings | 436.63 Mn | 351.43 Mn | 99.70 Mn | -13.41 Mn |
| 9 | Canopy Growth | 387.68 Mn | 140.67 Mn | 16.08 Mn | -10.54 Mn |
| 10 | Sndl | 358.70 Mn | 226.15 Mn | 40.74 Mn | -8.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.41 Mn |
| Mar 31, 2026 | -17.82 Mn |
| Dec 31, 2025 | -183.41 Mn |
| Sep 30, 2025 | -43.83 Mn |
| Jun 30, 2025 | -19.15 Mn |
| Mar 31, 2025 | -11.52 Mn |
| Dec 31, 2024 | -272.71 Mn |
| Sep 30, 2024 | -42.57 Mn |
| Jun 30, 2024 | -21.76 Mn |
| Mar 31, 2024 | -4.82 Mn |
| Dec 31, 2023 | -77.29 Mn |
| Sep 30, 2023 | -17.76 Mn |
| Jun 30, 2023 | -13.06 Mn |
| Mar 31, 2023 | -9.24 Mn |
| Dec 31, 2022 | -216.11 Mn |
| Sep 30, 2022 | -42.99 Mn |
| Jun 30, 2022 | -9.85 Mn |
| Mar 31, 2022 | 77,000.00 |
| Dec 31, 2021 | -6.83 Mn |
| Sep 30, 2021 | -11.96 Mn |