Verano Holdings (VRNO) Operating Leases (2021 - 2026)
Verano Holdings (VRNO) posted quarterly Operating Leases of $101.4 million for Q1 2026, down 6.18% year-over-year from $108.1 million in Q1 2025, and up 11.33% quarter-over-quarter from $91.1 million in Q4 2025.
Verano Holdings (VRNO) Operating Leases (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Operating Leases for 6 consecutive years, with $101.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 6.18% year-over-year to $101.4 million; the TTM figure through Mar 2026 stood at $101.4 million (down 6.18% YoY), while the FY2025 annual figure was $91.1 million, down 6.94% from the prior year.
- Operating Leases improved to $101.4 million in Q1 2026 per VRNO's latest filing, from $91.1 million in the prior quarter.
- Across five years, Operating Leases topped out at $108.1 million in Q1 2025 and bottomed at $71.8 million in Q3 2022.
- Historically, Operating Leases has averaged $88.8 million across 5 years, with a median of $87.8 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Leases soared 35.28% — and 2025, when it dropped 6.94%.
- Verano Holdings' Operating Leases stood at $76.9 million in 2022, then advanced by 13.72% to $87.4 million in 2023, then rose by 12.0% to $97.9 million in 2024, then slipped by 6.94% to $91.1 million in 2025, then gained by 11.33% to $101.4 million in 2026.
- Business Quant data shows VRNO's Operating Leases at $101.4 million in Q1 2026, $91.1 million in Q4 2025, and $92.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 43.91 Bn | 42.95 Bn | - |
| 2 | Teva Pharmaceutical Industries | 42.98 Bn | 39.32 Bn | 2.15 Bn |
| 3 | Zoetis | 31.53 Bn | 29.86 Bn | 1.05 Bn |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn |
| 5 | United Therapeutics | 22.16 Bn | 19.49 Bn | 683.80 Mn |
| 6 | Viatris | 18.74 Bn | 17.85 Bn | 1.46 Bn |
| 7 | Neurocrine Biosciences | 15.51 Bn | 15.12 Bn | 935.80 Mn |
| 8 | Elanco Animal Health | 11.76 Bn | 11.23 Bn | 798.00 Mn |
| 9 | Dr Reddys Laboratories | 10.12 Bn | 9.95 Bn | - |
| 10 | Verano Holdings | 438.82 Mn | 353.62 Mn | 99.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 101.07 Mn |
| Mar 31, 2026 | 101.41 Mn |
| Dec 31, 2025 | 91.09 Mn |
| Sep 30, 2025 | 92.95 Mn |
| Jun 30, 2025 | 94.29 Mn |
| Mar 31, 2025 | 108.08 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 | 88.30 Mn |
| Mar 31, 2023 | 86.83 Mn |
| Dec 31, 2022 | 76.85 Mn |
| Sep 30, 2022 | 71.81 Mn |
| Jun 30, 2022 | 74.08 Mn |
| Dec 31, 2021 | 56.81 Mn |