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

Verano Holdings' (VRNO) quarterly Operating Leases came in at $101.4 million in Q1 2026, down 6.18% year-on-year from $108.1 million in Q1 2025, and up 11.33% on a QoQ basis from $91.1 million in Q4 2025.

Verano Holdings (VRNO) Operating Leases (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has 6 years of Operating Leases data on file, last reported at $101.4 million in Q1 2026.

  • On a quarterly basis, Operating Leases fell 6.18% year-over-year to $101.4 million in Q1 2026; TTM through Mar 2026 was $101.4 million, a 6.18% decrease from a year earlier, with the FY2025 full-year figure at $91.1 million, down 6.94% from the prior year.
  • Operating Leases for Q1 2026 stood at $101.4 million, up from $91.1 million in the prior quarter.
  • Over the last five years, Operating Leases for VRNO reached as high as $108.1 million in Q1 2025 and fell as low as $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.
  • Across the five-year window, Operating Leases jumped 35.28% in 2022 and decreased 6.94% in 2025, its largest moves.
  • Year by year, Operating Leases stood at $76.9 million in 2022, then grew by 13.72% to $87.4 million in 2023, then advanced by 12.0% to $97.9 million in 2024, then declined by 6.94% to $91.1 million in 2025, then climbed by 11.33% to $101.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $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 87.22 Bn 85.35 Bn -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn
10 Verano Holdings 2.02 Bn 1.94 Bn 98.98 Mn

Historic Data

Download Data
DateValue
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