Verano Holdings (VRNO) Non-Current Debt (2021 - 2026)
Verano Holdings (VRNO) reported Non-Current Debt of $382.06 million for Q2 2026, down 4.4% from $399.82 million a year earlier and down 0.6% from the prior quarter.
Verano Holdings (VRNO) Non-Current Debt (2021 - 2026) Analysis & Trends
At the end of FY2025, Verano Holdings posted Non-Current Debt of $391.88 million, down 1.0% from FY2024.
- Non-Current Debt has a four-year compound annual growth rate of 9.1% (FY2021 to FY2025).
- By year, Non-Current Debt came in at $395.7 million in FY2024 (+0.5%), $393.64 million in FY2023 (+1.3%), $388.54 million in FY2022 (+40.7%) and $276.15 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Non-Current Debt since Q3 2022.
- Year over year, Non-Current Debt has now declined in each of the last three quarters, with an average decline of 1.1% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was Q2 2023 (growth of 177.5%); the low point was Q1 2026 (a decline of 4.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $384.25 million (Q1 2026), $391.88 million (Q4 2025) and $397.82 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 42.37 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | 41.65 Bn |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 22.89 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 570.53 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 89.39 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 259.28 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | - |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 294.15 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 382.06 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 382.06 Mn |
| Mar 31, 2026 | 384.25 Mn |
| Dec 31, 2025 | 391.88 Mn |
| Sep 30, 2025 | 397.82 Mn |
| Jun 30, 2025 | 399.82 Mn |
| Mar 31, 2025 | 403.83 Mn |
| Dec 31, 2024 | 395.70 Mn |
| Sep 30, 2024 | 397.62 Mn |
| Jun 30, 2024 | 391.72 Mn |
| Mar 31, 2024 | 391.27 Mn |
| Dec 31, 2023 | 393.64 Mn |
| Sep 30, 2023 | 415.48 Mn |
| Jun 30, 2023 | 398.95 Mn |
| Mar 31, 2023 | 392.16 Mn |
| Dec 31, 2022 | 388.54 Mn |
| Sep 30, 2022 | 376.79 Mn |
| Jun 30, 2022 | 143.75 Mn |
| Dec 31, 2021 | 276.15 Mn |
Verano Holdings Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=VRNO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "VRNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();