Verano Holdings Corp. (NEO:VRNO)
1.800
+0.030 (1.69%)
Apr 28, 2026, 4:10 PM EST
Verano Holdings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2018 |
|---|---|---|---|---|---|---|
Period Ending | 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 | 2020 - 2018 |
| Revenue | 821.5 | 878.59 | 938.45 | 879.41 | 737.85 | Upgrade
|
| Revenue Growth (YoY) | -6.50% | -6.38% | 6.71% | 19.19% | 222.87% | Upgrade
|
| Cost of Revenue | 408.01 | 434.65 | 463.25 | 456.35 | 406.83 | Upgrade
|
| Gross Profit | 413.5 | 443.93 | 475.21 | 423.06 | 331.02 | Upgrade
|
| Selling, General & Admin | 317.53 | 335.97 | 331.93 | 356.57 | 270.93 | Upgrade
|
| Operating Expenses | 337.32 | 353.41 | 331.93 | 356.57 | 270.93 | Upgrade
|
| Operating Income | 76.18 | 90.52 | 143.28 | 66.49 | 60.09 | Upgrade
|
| Interest Expense | -53.59 | -54.76 | -59.79 | -49.43 | -24.27 | Upgrade
|
| Earnings From Equity Investments | - | - | -0.31 | 1.56 | 4.62 | Upgrade
|
| Other Non Operating Income (Expenses) | -10.28 | -3.82 | 1.13 | 16.97 | -2.84 | Upgrade
|
| EBT Excluding Unusual Items | 12.31 | 31.95 | 84.31 | 35.59 | 37.61 | Upgrade
|
| Impairment of Goodwill | -86.59 | -8.18 | -37.93 | -113.03 | - | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | -6.57 | 14.1 | - | Upgrade
|
| Gain (Loss) on Sale of Assets | 2.79 | -1.1 | -1.12 | 9.4 | -1.09 | Upgrade
|
| Asset Writedown | -96.68 | -319.52 | -13.69 | -116.15 | - | Upgrade
|
| Other Unusual Items | 1.94 | -3.07 | 2.8 | 6.68 | 12.47 | Upgrade
|
| Pretax Income | -166.23 | -299.92 | 27.8 | -163.4 | 48.99 | Upgrade
|
| Income Tax Expense | 91.68 | 41.94 | 145.15 | 105.47 | 103.99 | Upgrade
|
| Earnings From Continuing Operations | -257.91 | -341.86 | -117.35 | -268.87 | -55 | Upgrade
|
| Minority Interest in Earnings | - | - | - | -0.29 | -2.51 | Upgrade
|
| Net Income | -257.91 | -341.86 | -117.35 | -269.16 | -57.51 | Upgrade
|
| Net Income to Common | -257.91 | -341.86 | -117.35 | -269.16 | -57.51 | Upgrade
|
| Shares Outstanding (Basic) | 361 | 350 | 343 | 331 | 290 | Upgrade
|
| Shares Outstanding (Diluted) | 361 | 350 | 343 | 331 | 290 | Upgrade
|
| Shares Change (YoY) | 3.24% | 1.99% | 3.43% | 14.11% | 7.29% | Upgrade
|
| EPS (Basic) | -0.71 | -0.98 | -0.34 | -0.81 | -0.20 | Upgrade
|
| EPS (Diluted) | -0.71 | -0.98 | -0.34 | -0.81 | -0.20 | Upgrade
|
| Free Cash Flow | 11.63 | 13.15 | 73.38 | -24.83 | 41.61 | Upgrade
|
| Free Cash Flow Per Share | 0.03 | 0.04 | 0.21 | -0.07 | 0.14 | Upgrade
|
| Gross Margin | 50.33% | 50.53% | 50.64% | 48.11% | 44.86% | Upgrade
|
| Operating Margin | 9.27% | 10.30% | 15.27% | 7.56% | 8.14% | Upgrade
|
| Profit Margin | -31.39% | -38.91% | -12.50% | -30.61% | -7.79% | Upgrade
|
| Free Cash Flow Margin | 1.42% | 1.50% | 7.82% | -2.82% | 5.64% | Upgrade
|
| EBITDA | 200.33 | 230.19 | 284.41 | 207.88 | 156.33 | Upgrade
|
| EBITDA Margin | 24.39% | 26.20% | 30.31% | 23.64% | 21.19% | Upgrade
|
| D&A For EBITDA | 124.16 | 139.66 | 141.13 | 141.39 | 96.24 | Upgrade
|
| EBIT | 76.18 | 90.52 | 143.28 | 66.49 | 60.09 | Upgrade
|
| EBIT Margin | 9.27% | 10.30% | 15.27% | 7.56% | 8.14% | Upgrade
|
| Effective Tax Rate | - | - | 522.14% | - | 212.26% | Upgrade
|
| Advertising Expenses | 13.99 | 12.96 | 9.67 | 16 | 8.64 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.