Verano Holdings (VRNO) Tax Provisions (2021 - 2026)

Verano Holdings (VRNO) reported Tax Provisions of $11.6 million for Q1 2026, down 33.0% year-over-year from $17.3 million in Q1 2025, and up 8.26% quarter-over-quarter from $10.7 million in Q4 2025.

Verano Holdings (VRNO) Tax Provisions (2021 - 2026) Analysis & Trends

Verano Holdings (VRNO) has 6 years of Tax Provisions data on file, last reported at $11.6 million in Q1 2026.

  • Tax Provisions for Q1 2026 came in at $11.6 million, down 33.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $86.0 million (up 79.76% YoY), and the FY2025 annual result was $91.7 million, up 118.57% from the prior year.
  • Tax Provisions grew to $11.6 million in Q1 2026 per VRNO's latest filing, from $10.7 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $69.4 million in Q3 2022 and troughed at -$45.5 million in Q4 2024.
  • A 5-year average of $20.6 million and a median of $27.7 million in 2023 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2023 and 2024: Tax Provisions jumped 8499.62% in 2023, then sank 202.69% in 2024.
  • A 5-year view of Tax Provisions shows it stood at -$528000.0 in 2022, then jumped by 8499.62% to $44.4 million in 2023, then slumped by 202.69% to -$45.5 million in 2024, then jumped by 123.57% to $10.7 million in 2025, then climbed by 8.26% to $11.6 million in 2026.
  • Business Quant data shows VRNO's Tax Provisions at $11.6 million in Q1 2026, $10.7 million in Q4 2025, and $28.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 67.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 157.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 43.40 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -3.57 Mn
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 48.90 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 30.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 4.60 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -9.44 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 37.99 Mn
10 Verano Holdings - - 98.98 Mn 11.62 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.62 Mn
Dec 31, 2025 10.74 Mn
Sep 30, 2025 28.44 Mn
Jun 30, 2025 35.15 Mn
Mar 31, 2025 17.35 Mn
Dec 31, 2024 -45.54 Mn
Sep 30, 2024 45.48 Mn
Jun 30, 2024 30.53 Mn
Mar 31, 2024 11.48 Mn
Dec 31, 2023 44.35 Mn
Sep 30, 2023 44.80 Mn
Jun 30, 2023 27.68 Mn
Mar 31, 2023 28.32 Mn
Dec 31, 2022 -528,000.00
Sep 30, 2022 69.38 Mn
Jun 30, 2022 11.10 Mn
Mar 31, 2022 -20.27 Mn
Dec 31, 2021 37.05 Mn
Sep 30, 2021 27.09 Mn
Jun 30, 2021 23.44 Mn