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

Verano Holdings (VRNO) reported Tax Rate of 187.47% for Q1 2026, down 48485.0% year-over-year from N/an in Q1 2025, and down 2915.18% quarter-over-quarter from 6.22% in Q4 2025.

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

Verano Holdings (VRNO) has 6 years of Tax Rate data on file, last reported at 187.47% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 187.47%, down 48485.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 48.22% (down 3232.0% YoY), and the FY2025 annual result was 55.15%, down 4117.0% from the prior year.
  • Tax Rate fell to 187.47% in Q1 2026 per VRNO's latest filing, from 6.22% in the prior quarter.
  • Over five years, Tax Rate peaked at 1562.28% in Q3 2024 and troughed at 187.47% in Q1 2026.
  • A 5-year average of 216.04% and a median of 165.71% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate surged 139657 bps in 2024, then plunged 174707 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 0.24% in 2022, then slumped by 55349 bps to 134.66% in 2023, then surged by 111 bps to 14.31% in 2024, then tumbled by 143 bps to 6.22% in 2025, then plunged by 2915 bps to 187.47% in 2026.
  • Business Quant data shows VRNO's Tax Rate at 187.47% in Q1 2026, 6.22% in Q4 2025, and 184.79% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 15.33%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 20.71%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 13.63%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn -20.44%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 19.81%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 34.48%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -7.43%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 9.29%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 24.29%
10 Verano Holdings - - 98.98 Mn -187.47%

Historic Data

Download Data
DateValue
Mar 31, 2026 -187.47%
Mar 31, 2026 -187.47%
Dec 31, 2025 -6.22%
Dec 31, 2025 -6.22%
Sep 30, 2025 -184.79%
Sep 30, 2025 -184.79%
Jun 30, 2025 219.67%
Jun 30, 2025 219.67%
Mar 31, 2025 297.38%
Mar 31, 2025 297.38%
Dec 31, 2024 14.31%
Dec 31, 2024 14.31%
Sep 30, 2024 1,562.28%
Sep 30, 2024 1,562.28%
Jun 30, 2024 348.28%
Jun 30, 2024 348.28%
Mar 31, 2024 172.46%
Mar 31, 2024 172.46%
Dec 31, 2023 -134.66%
Dec 31, 2023 -134.66%