Verano Holdings (VRNO) Tax Provisions (2021 - 2026)
Verano Holdings' (VRNO) quarterly Tax Provisions came in at $2.9 million in Q2 2026, down 91.68% year-over-year from $35.2 million in Q2 2025, and down 74.83% quarter-over-quarter from $11.6 million in Q1 2026.
Analysis
Verano Holdings (VRNO) Tax Provisions (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Tax Provisions for 6 consecutive years, with $2.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions fell 91.68% year-over-year to $2.9 million in Q2 2026; TTM through Jun 2026 was $53.7 million, a 2.45% increase from a year earlier, with the FY2025 full-year figure at $91.7 million, up 118.57% from the prior year.
- Tax Provisions was $2.9 million for Q2 2026 at Verano Holdings, down from $11.6 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 $22.2 million and a median of $26.6 million in 2022 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions soared 8499.62% in 2023 and slumped 202.69% in 2024, its largest moves.
- Over 5 years, Tax Provisions stood at -$528000.0 in 2022, then soared by 8499.62% to $44.4 million in 2023, then tumbled by 202.69% to -$45.5 million in 2024, then soared by 123.57% to $10.7 million in 2025, then slumped by 72.76% to $2.9 million in 2026.
- The last three Tax Provisions figures came in at $2.9 million (Q2 2026), $11.6 million (Q1 2026), and $10.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.68 Bn | 2.58 Bn | 169.91 Mn | -38.80 Mn |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.98 Bn | 162.29 Mn | 21.97 Mn |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 12.52 Mn |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 51,000.00 |
| 5 | Glass House Brands | 673.51 Mn | 654.96 Mn | 15.77 Mn | 3.06 Mn |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 20.00 Mn |
| 7 | Tilray Brands | 472.92 Mn | 238.29 Mn | 90.52 Mn | -21.73 Mn |
| 8 | Verano Holdings | 438.82 Mn | 353.62 Mn | 99.70 Mn | 2.93 Mn |
| 9 | Canopy Growth | 405.75 Mn | 158.74 Mn | 16.08 Mn | -93,257.36 |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | 1.22 Mn |
Historic Data
Download Data
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 |