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

Verano Holdings (VRNO) has 6 years of Net Margin data on file, last reported at 8.56% in Q1 2026.

• On a quarterly basis, Net Margin fell 307.0% year-over-year to 8.56% in Q1 2026; TTM through Mar 2026 was 32.23%, a 797.0% increase from a year earlier, with the FY2025 full-year figure at 31.39%, up 752.0% from the prior year.
• Net Margin for Q1 2026 stood at 8.56%, up from 88.77% in the prior quarter.
• Over the last five years, Net Margin for VRNO reached as high as 22.68% in Q1 2022 and fell as low as 564.64% in Q1 2024.
• Historically, Net Margin has averaged 58.76% across 5 years, with a median of 9.79% in 2024.
• Across the five-year window, Net Margin slumped 56057 bps in 2024 and soared 55915 bps in 2025, its largest moves.
• Year by year, Net Margin stood at 95.65% in 2022, then jumped by 66 bps to 32.58% in 2023, then slumped by 284 bps to 124.98% in 2024, then increased by 29 bps to 88.77% in 2025, then surged by 90 bps to 8.56% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 8.56% in Q1 2026, 88.77% in Q4 2025, and 21.61% in Q3 2025.