Verano Holdings (VRNO) Profit After Tax (2021 - 2026)
Verano Holdings (VRNO) reported Profit After Tax of -$17.8 million for Q1 2026, down 54.78% year-over-year from -$39.4 million in Q1 2025, and up 90.28% quarter-over-quarter from -$183.4 million in Q4 2025.
Verano Holdings (VRNO) Profit After Tax (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has 6 years of Profit After Tax data on file, last reported at -$17.8 million in Q1 2026.
- Profit After Tax for Q1 2026 came in at -$17.8 million, down 54.78% year-over-year; the trailing twelve-month figure through Mar 2026 was -$264.2 million (up 24.2% YoY), and the FY2025 annual result was -$257.9 million, up 24.56% from the prior year.
- Profit After Tax climbed to -$17.8 million in Q1 2026 per VRNO's latest filing, from -$183.4 million in the prior quarter.
- Over five years, Profit After Tax peaked at $77000.0 in Q1 2022 and troughed at -$272.7 million in Q4 2024.
- A 5-year average of -$59.0 million and a median of -$19.2 million in 2025 frame the typical range for Profit After Tax.
- The sharpest annual moves came in 2022 and 2023: Profit After Tax soared 66.83% in 2022, then slumped 12096.1% in 2023.
- A 5-year view of Profit After Tax shows it stood at -$215.8 million in 2022, then surged by 64.23% to -$77.2 million in 2023, then sank by 253.21% to -$272.7 million in 2024, then jumped by 32.74% to -$183.4 million in 2025, then soared by 90.28% to -$17.8 million in 2026.
- Business Quant data shows VRNO's Profit After Tax at -$17.8 million in Q1 2026, -$183.4 million in Q4 2025, and -$43.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.97 Bn | 36.23 Bn | 1.97 Bn | 369.00 Mn |
| 2 | Zoetis | 33.59 Bn | 31.65 Bn | 1.62 Bn | 601.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 274.90 Mn |
| 4 | Neurocrine Biosciences | 16.10 Bn | 14.78 Bn | 800.70 Mn | 197.90 Mn |
| 5 | Aurora Cannabis | 15.56 Bn | 15.47 Bn | 21.72 Mn | 11.81 Mn |
| 6 | Elanco Animal Health | 12.04 Bn | 11.61 Bn | 785.00 Mn | 57.00 Mn |
| 7 | Alkermes | 7.36 Bn | 6.84 Bn | -116.06 Mn | 16.20 Mn |
| 8 | Lantheus Holdings | 6.74 Bn | 6.24 Bn | 230.92 Mn | 118.42 Mn |
| 9 | Liquidia | 6.27 Bn | 6.04 Bn | 121.79 Mn | 52.86 Mn |
| 10 | Verano Holdings | - | - | 98.98 Mn | -17.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -17.82 Mn |
| Dec 31, 2025 | -183.41 Mn |
| Sep 30, 2025 | -43.83 Mn |
| Jun 30, 2025 | -19.15 Mn |
| Mar 31, 2025 | -11.52 Mn |
| Dec 31, 2024 | -272.71 Mn |
| Sep 30, 2024 | -42.57 Mn |
| Jun 30, 2024 | -21.76 Mn |
| Mar 31, 2024 | -4.82 Mn |
| Dec 31, 2023 | -77.21 Mn |
| Sep 30, 2023 | -17.84 Mn |
| Jun 30, 2023 | -13.06 Mn |
| Mar 31, 2023 | -9.24 Mn |
| Dec 31, 2022 | -215.82 Mn |
| Sep 30, 2022 | -42.99 Mn |
| Jun 30, 2022 | -9.85 Mn |
| Mar 31, 2022 | 77,000.00 |
| Dec 31, 2021 | -4.91 Mn |
| Sep 30, 2021 | -11.96 Mn |
| Jun 30, 2021 | -29.69 Mn |