Verano Holdings (VRNO) Share-based Compensation (2021 - 2026)
Verano Holdings (VRNO) recorded Share-based Compensation of $5.7 million in Q2 2026, up 70.6% from $3.34 million a year earlier and up 157.8% from the prior quarter.
Powered by 
Analysis
Verano Holdings (VRNO) Share-based Compensation (2021 - 2026) Analysis & Trends
On a TTM basis, Verano Holdings' Share-based Compensation came in at $12.77 million as of Jun 30, 2026, down 16.8% year-over-year; for FY2025, it came in at $11.51 million, down 32.1% from FY2024.
- Annual Share-based Compensation has a four-year compound annual growth rate of -29.0% (FY2021 to FY2025).
- Across earlier years, Share-based Compensation came in at $16.95 million in FY2024 (+28.1%), $13.23 million in FY2023 (-66.1%), $39.05 million in FY2022 (-13.7%) and $45.25 million in FY2021.
- The Q2 2026 figure is the highest quarterly Share-based Compensation since Q3 2022.
- On a year-over-year basis, Share-based Compensation rose in two of the last eight quarters, with an average decline of 11.8%.
- Peak year-over-year performance for Share-based Compensation in the last five years was growth of 622.1% in Q1 2024, against a decline of 95.0% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.21 million (Q1 2026), $2.34 million (Q4 2025) and $2.52 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 10.47 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 6.91 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 10.62 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 1.56 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 2.70 Mn |
| 10 | Verano Holdings | 871.29 Mn | 544.91 Mn | 99.70 Mn | 5.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.70 Mn |
| Mar 31, 2026 | 2.21 Mn |
| Dec 31, 2025 | 2.34 Mn |
| Sep 30, 2025 | 2.52 Mn |
| Jun 30, 2025 | 3.34 Mn |
| Mar 31, 2025 | 3.30 Mn |
| Dec 31, 2024 | 3.91 Mn |
| Sep 30, 2024 | 4.79 Mn |
| Jun 30, 2024 | 4.32 Mn |
| Mar 31, 2024 | 3.93 Mn |
| Dec 31, 2023 | 4.25 Mn |
| Sep 30, 2023 | 4.69 Mn |
| Jun 30, 2023 | 3.75 Mn |
| Mar 31, 2023 | 544,000.00 |
| Dec 31, 2022 | 4.83 Mn |
| Sep 30, 2022 | 9.82 Mn |
| Jun 30, 2022 | 13.49 Mn |
| Mar 31, 2022 | 10.91 Mn |
| Dec 31, 2021 | 13.53 Mn |
| Sep 30, 2021 | 13.39 Mn |
API Access
Verano Holdings Share-based Compensation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=share-based-compensation&ticker=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "ticker": "VRNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=share-based-compensation&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();