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

Verano Holdings (VRNO) has reported Operating Income for 6 consecutive years, with $3.1 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Income fell 88.01% year-over-year to $3.1 million in Q2 2026; TTM through Jun 2026 was -$132.1 million, a 46.29% increase from a year earlier, with the FY2025 full-year figure at -$107.1 million, up 54.85% from the prior year.
• Operating Income was $3.1 million for Q2 2026 at Verano Holdings, down from $13.1 million in the prior quarter.
• Over five years, Operating Income peaked at $40.3 million in Q3 2023 and troughed at -$303.9 million in Q4 2024.
• A 5-year average of -$22.5 million and a median of $14.1 million in 2025 frame the typical range for Operating Income.
• Across the five-year window, Operating Income surged 1427.66% in 2023 and sank 1441.77% in 2024, its largest moves.
• Over 5 years, Operating Income stood at -$207.0 million in 2022, then surged by 90.48% to -$19.7 million in 2023, then slumped by 1441.77% to -$303.9 million in 2024, then jumped by 48.14% to -$157.6 million in 2025, then surged by 101.99% to $3.1 million in 2026.
• The last three Operating Income figures came in at $3.1 million (Q2 2026), $13.1 million (Q1 2026), and -$157.6 million (Q4 2025), per Business Quant data.