Verano Holdings (VRNO) Profit After Tax (2021 - 2026)
Verano Holdings' (VRNO) quarterly Profit After Tax came in at -$13.4 million in Q2 2026, up 29.97% year-over-year from -$10.3 million in Q2 2025, and up 24.75% quarter-over-quarter from -$17.8 million in Q1 2026.
Analysis
Verano Holdings (VRNO) Profit After Tax (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Profit After Tax for 6 consecutive years, with -$13.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Profit After Tax rose 29.97% year-over-year to -$13.4 million in Q2 2026; TTM through Jun 2026 was -$258.5 million, a 25.28% increase from a year earlier, with the FY2025 full-year figure at -$257.9 million, up 24.56% from the prior year.
- Profit After Tax was -$13.4 million for Q2 2026 at Verano Holdings, up from -$17.8 million in the prior quarter.
- Over five years, Profit After Tax peaked at -$214000.0 in Q1 2022 and troughed at -$272.7 million in Q4 2024.
- A 5-year average of -$56.5 million and a median of -$18.5 million in 2023 frame the typical range for Profit After Tax.
- Across the five-year window, Profit After Tax surged 66.83% in 2022 and plunged 4216.36% in 2023, its largest moves.
- Over 5 years, Profit After Tax stood at -$216.1 million in 2022, then jumped by 64.27% to -$77.2 million in 2023, then slumped by 253.21% to -$272.7 million in 2024, then soared by 32.74% to -$183.4 million in 2025, then soared by 92.69% to -$13.4 million in 2026.
- The last three Profit After Tax figures came in at -$13.4 million (Q2 2026), -$17.8 million (Q1 2026), and -$183.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.68 Bn | 2.58 Bn | 169.91 Mn | 12.51 Mn |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.98 Bn | 162.29 Mn | -406.06 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 4.88 Mn |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 35.66 Mn |
| 5 | Glass House Brands | 673.51 Mn | 654.96 Mn | 15.77 Mn | -6.68 Mn |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | -100,000.00 |
| 7 | Tilray Brands | 472.92 Mn | 238.29 Mn | 90.52 Mn | -49.61 Mn |
| 8 | Verano Holdings | 438.82 Mn | 353.62 Mn | 99.70 Mn | -13.41 Mn |
| 9 | Canopy Growth | 405.75 Mn | 158.74 Mn | 16.08 Mn | -10.54 Mn |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | -5.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.41 Mn |
| 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 | -216.11 Mn |
| Sep 30, 2022 | -42.99 Mn |
| Jun 30, 2022 | -9.85 Mn |
| Mar 31, 2022 | -214,000.00 |
| Dec 31, 2021 | -7.42 Mn |
| Sep 30, 2021 | -12.51 Mn |