Verano Holdings (VRNO) Net Income (2021 - 2026)

Verano Holdings (VRNO) reported Net Income of -$17.8 million for Q1 2026, down 54.78% year-over-year from -$39.4 million in Q1 2025, and up 90.28% quarter-over-quarter from -$183.4 million in Q4 2025.

Verano Holdings (VRNO) Net Income (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has 6 years of Net Income data on file, last reported at -$17.8 million in Q1 2026.

  • Net Income for Q1 2026 came in at -$17.8 million, down 54.78% year-over-year; the trailing twelve-month figure through Mar 2026 was -$264.2 million (up 24.2% YoY), and the FY2025 annual result was -$257.9 million, up 24.56% from the prior year.
  • Net Income climbed to -$17.8 million in Q1 2026 per VRNO's latest filing, from -$183.4 million in the prior quarter.
  • Over five years, Net Income peaked at $45.9 million in Q1 2022 and troughed at -$272.7 million in Q4 2024.
  • A 5-year average of -$56.4 million and a median of -$19.2 million in 2025 frame the typical range for Net Income.
  • On a YoY basis, Net Income climbed as much as 66.72% in 2022 and fell as far as 3065.98% in 2022.
  • A 5-year view of Net Income shows it stood at -$216.1 million in 2022, then soared by 64.24% to -$77.3 million in 2023, then plunged by 252.85% to -$272.7 million in 2024, then jumped by 32.74% to -$183.4 million in 2025, then soared by 90.28% to -$17.8 million in 2026.
  • Business Quant data shows VRNO's Net Income at -$17.8 million in Q1 2026, -$183.4 million in Q4 2025, and -$43.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 370.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 601.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 274.90 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -114,733.81
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 197.90 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 57.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -66.53 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -92.12 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 118.42 Mn
10 Verano Holdings - - 98.98 Mn -17.82 Mn

Historic Data

Download Data
DateValue
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 45.87 Mn
Dec 31, 2021 -6.83 Mn
Sep 30, 2021 -11.96 Mn
Jun 30, 2021 -29.59 Mn