Verano Holdings (VRNO) Operating Expenses (2021 - 2026)

Verano Holdings (VRNO) has 6 years of Operating Expenses data on file, last reported at $85.9 million in Q1 2026.

• On a quarterly basis, Operating Expenses rose 1.53% year-over-year to $85.9 million in Q1 2026; TTM through Mar 2026 was $521.9 million, a 22.73% decrease from a year earlier, with the FY2025 full-year figure at $520.6 million, down 23.57% from the prior year.
• Operating Expenses for Q1 2026 stood at $85.9 million, down from $263.3 million in the prior quarter.
• Over the last five years, Operating Expenses for VRNO reached as high as $411.4 million in Q4 2024 and fell as low as $9.6 million in Q1 2022.
• Historically, Operating Expenses has averaged $128.4 million across 5 years, with a median of $87.1 million in 2024.
• On a YoY basis, Operating Expenses climbed as much as 686.07% in 2023 and fell as far as 55.73% in 2023.
• Year by year, Operating Expenses stood at $310.2 million in 2022, then plunged by 55.73% to $137.3 million in 2023, then jumped by 199.6% to $411.4 million in 2024, then sank by 36.01% to $263.3 million in 2025, then sank by 67.38% to $85.9 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $85.9 million in Q1 2026, $263.3 million in Q4 2025, and $86.0 million in Q3 2025.