Verano Holdings (VRNO) Tax Rate (2021 - 2026)
Verano Holdings' (VRNO) quarterly Tax Rate came in at 27.89% in Q2 2026, down 24757.0% year-over-year from N/an in Q2 2025, and up 85.12% quarter-over-quarter from 187.47% in Q1 2026.
Analysis
Verano Holdings (VRNO) Tax Rate (2021 - 2026) Analysis & Trends
Verano Holdings (VRNO) has reported Tax Rate for 6 consecutive years, with 27.89% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 24757.0% year-over-year to 27.89% in Q2 2026; TTM through Jun 2026 was 26.24%, a 837.0% decrease from a year earlier, with the FY2025 full-year figure at 55.15%, down 4117.0% from the prior year.
- Tax Rate was 27.89% for Q2 2026 at Verano Holdings, up from 187.47% 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 212.43% and a median of 157.06% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 139657 bps in 2024 and sank 174707 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 0.24% in 2022, then tumbled by 55349 bps to 134.66% in 2023, then jumped by 111 bps to 14.31% in 2024, then plunged by 143 bps to 6.22% in 2025, then plunged by 349 bps to 27.89% in 2026.
- The last three Tax Rate figures came in at 27.89% (Q2 2026), 187.47% (Q1 2026), and 6.22% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.68 Bn | 2.58 Bn | 169.91 Mn | 147.48% |
| 2 | Trulieve Cannabis | 2.31 Bn | 1.98 Bn | 162.29 Mn | -5.73% |
| 3 | Green Thumb Industries | 1.72 Bn | 1.43 Bn | 137.87 Mn | 78.51% |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 0.14% |
| 5 | Glass House Brands | 673.51 Mn | 654.96 Mn | 15.77 Mn | -202.92% |
| 6 | Vireo Growth | 550.06 Mn | 407.76 Mn | 95.30 Mn | 140.85% |
| 7 | Tilray Brands | 472.92 Mn | 238.29 Mn | 90.52 Mn | 42.30% |
| 8 | Verano Holdings | 438.82 Mn | 353.62 Mn | 99.70 Mn | -27.89% |
| 9 | Canopy Growth | 405.75 Mn | 158.74 Mn | 16.08 Mn | 0.88% |
| 10 | Sndl | 365.15 Mn | 232.60 Mn | 40.74 Mn | -17.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -27.89% |
| Mar 31, 2026 | -187.47% |
| Dec 31, 2025 | -6.22% |
| Sep 30, 2025 | -184.79% |
| Jun 30, 2025 | 219.67% |
| Mar 31, 2025 | 297.38% |
| Dec 31, 2024 | 14.31% |
| Sep 30, 2024 | 1,562.28% |
| Jun 30, 2024 | 348.28% |
| Mar 31, 2024 | 172.46% |
| Dec 31, 2023 | -134.66% |
| Sep 30, 2023 | 165.71% |
| Jun 30, 2023 | 189.35% |
| Mar 31, 2023 | 148.40% |
| Dec 31, 2022 | 0.24% |
| Sep 30, 2022 | 262.93% |
| Jun 30, 2022 | 884.00% |
| Mar 31, 2022 | 99.70% |
| Dec 31, 2021 | 122.59% |
| Sep 30, 2021 | 179.09% |