Verano Holdings Corp. (NEO:VRNO)
Canada · Delayed Price · Currency is CAD 1.470
0.00 (0.00%)
May 20, 2026, 3:59 PM EST
Verano Holdings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 819.87 | 821.5 | 878.59 | 938.45 | 879.41 | 737.85 | |
Revenue Growth (YoY) | -5.45% | -6.50% | -6.38% | 6.71% | 19.19% | 222.87% |
Cost of Revenue | 406.98 | 408.01 | 434.65 | 463.25 | 456.35 | 406.83 |
Gross Profit | 412.89 | 413.5 | 443.93 | 475.21 | 423.06 | 331.02 |
Selling, General & Admin | 318.83 | 317.53 | 335.97 | 331.93 | 356.57 | 270.93 |
Operating Expenses | 338.62 | 337.32 | 353.41 | 331.93 | 356.57 | 270.93 |
Operating Income | 74.27 | 76.18 | 90.52 | 143.28 | 66.49 | 60.09 |
Interest Expense | -52.34 | -53.59 | -54.76 | -59.79 | -49.43 | -24.27 |
Earnings From Equity Investments | - | - | - | -0.31 | 1.56 | 4.62 |
Other Non Operating Income (Expenses) | -11.3 | -10.28 | -3.82 | 1.13 | 16.97 | -2.84 |
EBT Excluding Unusual Items | 10.63 | 12.31 | 31.95 | 84.31 | 35.59 | 37.61 |
Impairment of Goodwill | -86.59 | -86.59 | -8.18 | -37.93 | -113.03 | - |
Gain (Loss) on Sale of Investments | - | - | - | -6.57 | 14.1 | - |
Gain (Loss) on Sale of Assets | -1.89 | 2.79 | -1.1 | -1.12 | 9.4 | -1.09 |
Asset Writedown | -96.68 | -96.68 | -319.52 | -13.69 | -116.15 | - |
Other Unusual Items | -3.74 | 1.94 | -3.07 | 2.8 | 6.68 | 12.47 |
Pretax Income | -178.26 | -166.23 | -299.92 | 27.8 | -163.4 | 48.99 |
Income Tax Expense | 85.95 | 91.68 | 41.94 | 145.15 | 105.47 | 103.99 |
Earnings From Continuing Operations | -264.22 | -257.91 | -341.86 | -117.35 | -268.87 | -55 |
Minority Interest in Earnings | - | - | - | - | -0.29 | -2.51 |
Net Income | -264.22 | -257.91 | -341.86 | -117.35 | -269.16 | -57.51 |
Net Income to Common | -264.22 | -257.91 | -341.86 | -117.35 | -269.16 | -57.51 |
Shares Outstanding (Basic) | 362 | 361 | 350 | 343 | 331 | 290 |
Shares Outstanding (Diluted) | 362 | 361 | 350 | 343 | 331 | 290 |
Shares Change (YoY) | 2.44% | 3.24% | 1.99% | 3.43% | 14.11% | 7.29% |
EPS (Basic) | -0.73 | -0.71 | -0.98 | -0.34 | -0.81 | -0.20 |
EPS (Diluted) | -0.73 | -0.71 | -0.98 | -0.34 | -0.81 | -0.20 |
Free Cash Flow | 27.36 | 11.63 | 13.15 | 73.38 | -24.83 | 41.61 |
Free Cash Flow Per Share | 0.08 | 0.03 | 0.04 | 0.21 | -0.07 | 0.14 |
Gross Margin | 50.36% | 50.33% | 50.53% | 50.64% | 48.11% | 44.86% |
Operating Margin | 9.06% | 9.27% | 10.30% | 15.27% | 7.56% | 8.14% |
Profit Margin | -32.23% | -31.39% | -38.91% | -12.50% | -30.61% | -7.79% |
Free Cash Flow Margin | 3.34% | 1.42% | 1.50% | 7.82% | -2.82% | 5.64% |
EBITDA | 195.82 | 200.33 | 230.19 | 284.41 | 207.88 | 156.33 |
EBITDA Margin | 23.89% | 24.39% | 26.20% | 30.31% | 23.64% | 21.19% |
D&A For EBITDA | 121.55 | 124.16 | 139.66 | 141.13 | 141.39 | 96.24 |
EBIT | 74.27 | 76.18 | 90.52 | 143.28 | 66.49 | 60.09 |
EBIT Margin | 9.06% | 9.27% | 10.30% | 15.27% | 7.56% | 8.14% |
Effective Tax Rate | - | - | - | 522.14% | - | 212.26% |
Advertising Expenses | - | 13.99 | 12.96 | 9.67 | 16 | 8.64 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.