Verano Holdings (VRNO) Tax Provisions (2021 - 2026)
Verano Holdings' Tax Provisions came in at $2.93 million for Q2 2026, down 91.7% from $35.15 million a year earlier and down 74.8% from the prior quarter.
Verano Holdings (VRNO) Tax Provisions (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Verano Holdings reported Tax Provisions of $53.73 million, up 2.5% year-over-year; for FY2025, it came in at $91.68 million, up 118.6% from FY2024.
- Tax Provisions carries a five-year compound annual growth rate of 16.7% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $41.94 million in FY2024 (-71.1%), $145.15 million in FY2023 (+37.6%), $105.47 million in FY2022 (+1.4%) and $103.99 million in FY2021 (+145.9%).
- The Q2 2026 figure represents the lowest quarterly Tax Provisions since Q4 2024.
- Year-over-year, Tax Provisions increased in three of the last six quarters, with an average decline of 15.7%.
- The fastest year-over-year change in Tax Provisions over five years came in Q3 2022 (growth of 156.2%), and the weakest in Q2 2026 (a decline of 91.7%).
- Business Quant data shows VRNO's Tax Provisions at $11.62 million (Q1 2026), $10.74 million (Q4 2025) and $28.44 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 955.00 Mn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 631.00 Mn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | -38.80 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | -3.66 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 21.97 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 12.52 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 51,000.00 |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 3.68 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn | 2.93 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.93 Mn |
| 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 | 25.52 Mn |
| Dec 31, 2021 | 37.05 Mn |
| Sep 30, 2021 | 27.09 Mn |
Verano Holdings Tax Provisions 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=tax-provisions&ticker=VRNO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();