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

Verano Holdings (VRNO) has 6 years of Operating Margin data on file, last reported at 6.29% in Q1 2026.

• On a quarterly basis, Operating Margin fell 86.0% year-over-year to 6.29% in Q1 2026; TTM through Mar 2026 was 13.29%, a 1494.0% increase from a year earlier, with the FY2025 full-year figure at 13.04%, up 1396.0% from the prior year.
• Operating Margin for Q1 2026 stood at 6.29%, up from 76.27% in the prior quarter.
• Over the last five years, Operating Margin for VRNO reached as high as 2654.68% in Q1 2024 and fell as low as 139.26% in Q4 2024.
• Historically, Operating Margin has averaged 144.17% across 5 years, with a median of 7.15% in 2025.
• Across the five-year window, Operating Margin jumped 263981 bps in 2024 and plunged 264753 bps in 2025, its largest moves.
• Year by year, Operating Margin stood at 91.61% in 2022, then jumped by 91 bps to 8.31% in 2023, then slumped by 1576 bps to 139.26% in 2024, then soared by 45 bps to 76.27% in 2025, then soared by 108 bps to 6.29% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 6.29% in Q1 2026, 76.27% in Q4 2025, and 4.57% in Q3 2025.