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
DateValue
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