Verano Holdings (VRNO) Shares Outstanding (Entity) (2021 - 2026)
Verano Holdings (VRNO) reported Shares Outstanding (Entity) of 146.44 million for Q2 2026, down 66.3% from 434.14 million a year earlier and down 79.9% from the prior quarter.
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Analysis
Verano Holdings (VRNO) Shares Outstanding (Entity) (2021 - 2026) Analysis & Trends
For FY2025, Verano Holdings posted Shares Outstanding (Entity) of 728.69 million, up 1.6% from FY2024.
- Shares Outstanding (Entity) has increased for five consecutive years, with a five-year compound annual growth rate of 22.5% (FY2020 to FY2025).
- By year, Shares Outstanding (Entity) came in at 717.49 million in FY2024 (+4.3%), 688.15 million in FY2023 (+3.2%), 666.72 million in FY2022 (+105.6%) and 324.31 million in FY2021 (+22.9%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding (Entity) in data going back to Q2 2021.
- Year over year, Shares Outstanding (Entity) gained in five of the last eight quarters, with an average decline of 17.1%.
- The high point for year-over-year Shares Outstanding (Entity) in five years was Q3 2023 (growth of 113.2%); the low point was Q2 2026 (a decline of 66.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 728.69 million (Q1 2026), 728.69 million (Q4 2025) and 361.82 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 1.56 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 1.67 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 264.74 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | - |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 192.40 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 195.15 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 370.73 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 20.05 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 146.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 146.44 Mn |
| Mar 31, 2026 | 728.69 Mn |
| Dec 31, 2025 | 728.69 Mn |
| Sep 30, 2025 | 361.82 Mn |
| Jun 30, 2025 | 434.14 Mn |
| Mar 31, 2025 | 719.44 Mn |
| Dec 31, 2024 | 717.49 Mn |
| Sep 30, 2024 | 717.49 Mn |
| Jun 30, 2024 | 688.15 Mn |
| Mar 31, 2024 | 688.15 Mn |
| Dec 31, 2023 | 688.15 Mn |
| Sep 30, 2023 | 688.15 Mn |
| Jun 30, 2023 | 666.72 Mn |
| Mar 31, 2023 | 666.72 Mn |
| Dec 31, 2022 | 666.72 Mn |
| Sep 30, 2022 | 322.77 Mn |
| Jun 30, 2022 | 313.75 Mn |
| Mar 31, 2022 | 327.87 Mn |
| Dec 31, 2021 | 324.31 Mn |
| Sep 30, 2021 | 315.20 Mn |
API Access
Verano Holdings Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();