Verano Holdings (VRNO) Operating Leases (2021 - 2026)
Verano Holdings' Operating Leases was $88.51 million in Q2 2026, down 6.1% from $94.29 million a year earlier and down 0.7% from the prior quarter.
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Analysis
Verano Holdings (VRNO) Operating Leases (2021 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at Verano Holdings came in at $91.09 million, down 6.9% from FY2024.
- Operating Leases shows a four-year compound annual growth rate of 12.5% (FY2021 to FY2025).
- In earlier years, Operating Leases was $97.88 million in FY2024 (+12.0%), $87.4 million in FY2023 (+13.7%), $76.85 million in FY2022 (+35.3%) and $56.81 million in FY2021.
- The Q2 2026 figure marks the lowest quarterly Operating Leases since Q2 2024.
- Compared with a year earlier, Operating Leases has declined for three straight quarters, with growth averaging 2.5% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q4 2022 (growth of 35.3%); the worst was Q1 2026 (a decline of 7.8%).
- Per Business Quant data, VRNO's Operating Leases in the three quarters before Q2 2026 was $89.11 million (Q1 2026), $91.09 million (Q4 2025) and $92.95 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 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 |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 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 |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.51 Mn |
| Mar 31, 2026 | 89.11 Mn |
| Dec 31, 2025 | 91.09 Mn |
| Sep 30, 2025 | 92.95 Mn |
| Jun 30, 2025 | 94.29 Mn |
| Mar 31, 2025 | 96.68 Mn |
| Dec 31, 2024 | 97.88 Mn |
| Sep 30, 2024 | 90.80 Mn |
| Jun 30, 2024 | 86.78 Mn |
| Mar 31, 2024 | 86.37 Mn |
| Dec 31, 2023 | 87.40 Mn |
| Sep 30, 2023 | 85.62 Mn |
| Jun 30, 2023 | 78.93 Mn |
| Mar 31, 2023 | 77.59 Mn |
| Dec 31, 2022 | 76.85 Mn |
| Sep 30, 2022 | 71.81 Mn |
| Jun 30, 2022 | 66.12 Mn |
| Dec 31, 2021 | 56.81 Mn |
API Access
Verano Holdings Operating Leases 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=operating-leases&ticker=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();