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

Verano Holdings (VRNO) has reported Operating Margin for 6 consecutive years, with 1.44% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin fell 1152.0% year-over-year to 1.44% in Q2 2026; TTM through Jun 2026 was 15.81%, a 1323.0% increase from a year earlier, with the FY2025 full-year figure at 13.04%, up 1396.0% from the prior year.
• Operating Margin was 1.44% for Q2 2026 at Verano Holdings, down from 6.29% in the prior quarter.
• Over five years, Operating Margin peaked at 16.78% in Q3 2023 and troughed at 139.26% in Q4 2024.
• A 5-year average of 10.41% and a median of 6.72% in 2025 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin jumped 8330 bps in 2023 and plunged 13095 bps in 2024, its largest moves.
• Over 5 years, Operating Margin stood at 91.61% in 2022, then soared by 91 bps to 8.31% in 2023, then slumped by 1576 bps to 139.26% in 2024, then surged by 45 bps to 76.27% in 2025, then soared by 102 bps to 1.44% in 2026.
• The last three Operating Margin figures came in at 1.44% (Q2 2026), 6.29% (Q1 2026), and 76.27% (Q4 2025), per Business Quant data.