Vireo Growth Operating Expenses Growth & History (VREOF)
Vireo Growth's operating expenses was $128.1M for fiscal 2025.
View full Vireo Growth company overviewVireo Growth annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $128.1M | $90.9M | +244.40% |
| 2024 | 2024-12-31 | $37.2M | $3.7M | +10.99% |
| 2023 | 2023-12-31 | $33.5M | −$4.3M | −11.42% |
| 2022 | 2022-12-31 | $37.8M | −$2.4M | −6.04% |
| 2021 | 2021-12-31 | $40.3M | $109,406 | +0.27% |
| 2020 | 2020-12-31 | $40.2M | — | — |
Vireo Growth quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $101.6M | $79.2M | +353.57% |
| Q1 2026 | 2026-03-31 | $50.3M | $39.9M | +383.65% |
| Q4 2025 | 2025-12-31 | $58.8M | $45.3M | +335.54% |
| Q3 2025 | 2025-09-30 | $36.6M | $28.1M | +331.68% |
| Q2 2025 | 2025-06-30 | $22.4M | $14.6M | +188.79% |
| Q1 2025 | 2025-03-31 | $10.4M | $2.9M | +38.94% |
| Q4 2024 | 2024-12-31 | $13.5M | $6.8M | +102.20% |
| Q3 2024 | 2024-09-30 | $8.5M | $1.1M | +15.65% |
| Q2 2024 | 2024-06-30 | $7.8M | −$2.6M | −25.23% |
| Q1 2024 | 2024-03-31 | $7.5M | −$1.7M | −18.21% |
| Q4 2023 | 2023-12-31 | $6.7M | −$1.1M | −14.59% |
| Q3 2023 | 2023-09-30 | $7.3M | −$2.4M | −24.68% |
| Q2 2023 | 2023-06-30 | $10.4M | $314,499 | +3.13% |
| Q1 2023 | 2023-03-31 | $9.2M | −$1.1M | −10.70% |
| Q4 2022 | 2022-12-31 | $7.8M | −$2.6M | −24.96% |
| Q3 2022 | 2022-09-30 | $9.7M | $480,167 | +5.19% |
| Q2 2022 | 2022-06-30 | $10.1M | −$101,610 | −1.00% |
| Q1 2022 | 2022-03-31 | $10.2M | −$211,776 | −2.02% |
| Q4 2021 | 2021-12-31 | $10.4M | $2.9M | +38.38% |
| Q3 2021 | 2021-09-30 | $9.2M | $2.0M | +27.83% |
| Q2 2021 | 2021-06-30 | $10.2M | −$5.5M | −35.05% |
| Q1 2021 | 2021-03-31 | $10.5M | $690,395 | +7.07% |
| Q4 2020 | 2020-12-31 | $7.5M | — | — |
| Q3 2020 | 2020-09-30 | $7.2M | — | — |
| Q2 2020 | 2020-06-30 | $15.6M | — | — |
| Q1 2020 | 2020-03-31 | $9.8M | — | — |
Vireo Growth operating expenses trends
Over the last five fiscal years, Vireo Growth's operating expenses increased from $40.2M to $128.1M, a change of $88.0M. The latest reported quarter, Q2 2026, shows $101.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vireo Growth source filings ↗