Verano Holdings (VRNO) Tax Rate (2021 - 2026)
Verano Holdings' (VRNO) quarterly Tax Rate came in at 187.47% in Q1 2026, down 48485.0% year-on-year from N/an in Q1 2025, and down 2915.18% on a QoQ basis 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.
- On a quarterly basis, Tax Rate fell 48485.0% year-over-year to 187.47% in Q1 2026; TTM through Mar 2026 was 48.22%, a 3232.0% decrease from a year earlier, with the FY2025 full-year figure at 55.15%, down 4117.0% from the prior year.
- Tax Rate for Q1 2026 stood at 187.47%, down from 6.22% in the prior quarter.
- Over the last five years, Tax Rate for VRNO reached as high as 1562.28% in Q3 2024 and fell as low as 187.47% in Q1 2026.
- Historically, Tax Rate has averaged 216.04% across 5 years, with a median of 165.71% in 2023.
- Across the five-year window, Tax Rate soared 139657 bps in 2024 and slumped 174707 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 0.24% in 2022, then tumbled by 55349 bps to 134.66% in 2023, then surged by 111 bps to 14.31% in 2024, then plunged by 143 bps to 6.22% in 2025, then sank by 2915 bps to 187.47% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 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 | Haleon | 88.07 Bn | 86.20 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 35.75 Bn | 32.01 Bn | 1.97 Bn | 15.33 |
| 3 | Zoetis | 31.84 Bn | 29.90 Bn | 1.62 Bn | 20.71 |
| 4 | Takeda Pharmaceutical | 27.18 Bn | 23.12 Bn | 4.39 Bn | -23.33 |
| 5 | United Therapeutics | 23.09 Bn | 20.93 Bn | 648.10 Mn | 13.63 |
| 6 | RedHill Biopharma | 21.32 Bn | 21.32 Bn | - | - |
| 7 | Viatris | 19.96 Bn | 18.16 Bn | 1.16 Bn | 171.33 |
| 8 | Neurocrine Biosciences | 17.66 Bn | 16.34 Bn | 800.70 Mn | 19.81 |
| 9 | Elanco Animal Health | 12.44 Bn | 12.02 Bn | 785.00 Mn | 34.48 |
| 10 | Verano Holdings | 1.99 Bn | 1.92 Bn | 98.98 Mn | -187.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -187.47% |
| Mar 31, 2026 | -187.47% |
| Mar 31, 2026 | -187.47% |
| Dec 31, 2025 | -6.22% |
| Dec 31, 2025 | -6.22% |
| Dec 31, 2025 | -6.22% |
| Sep 30, 2025 | -184.79% |
| Sep 30, 2025 | -184.79% |
| Sep 30, 2025 | -184.79% |
| Jun 30, 2025 | 219.67% |
| Jun 30, 2025 | 219.67% |
| Jun 30, 2025 | 219.67% |
| Mar 31, 2025 | 297.38% |
| Mar 31, 2025 | 297.38% |
| Mar 31, 2025 | 297.38% |
| Dec 31, 2024 | 14.31% |
| Dec 31, 2024 | 14.31% |
| Dec 31, 2024 | 14.31% |
| Sep 30, 2024 | 1,562.28% |
| Sep 30, 2024 | 1,562.28% |