Verano Holdings annual capital expenditures (capex)
2020
2021
2022
2023
2024
2025
Verano Holdings Capital Expenditures (CapEx) Growth & History (VRNO)
Verano Holdings's capital expenditures (capex) was $41.2M for fiscal 2025.
View full Verano Holdings company overviewVerano Holdings annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $41.2M | −$57.8M | −58.38% |
| 2024 | 2024-12-31 | $99.0M | $62.7M | +172.63% |
| 2023 | 2023-12-31 | $36.3M | −$82.8M | −69.52% |
| 2022 | 2022-12-31 | $119.2M | −$22.1M | −15.64% |
| 2021 | 2021-12-31 | $141.3M | $81.1M | +134.84% |
| 2020 | 2020-12-31 | $60.2M | — | — |
Verano Holdings quarterly capital expenditures (capex)
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $11.9M | $1.4M | +13.38% |
| Q1 2026 | 2026-03-31 | $14.9M | $1.1M | +7.74% |
| Q4 2025 | 2025-12-31 | $9.4M | −$4.8M | −33.77% |
| Q3 2025 | 2025-09-30 | $7.5M | −$49.1M | −86.82% |
| Q2 2025 | 2025-06-30 | $10.5M | −$8.0M | −43.46% |
| Q1 2025 | 2025-03-31 | $13.9M | $4.2M | +42.94% |
| Q4 2024 | 2024-12-31 | $14.2M | $4.4M | +44.96% |
| Q3 2024 | 2024-09-30 | $56.6M | $46.6M | +468.04% |
| Q2 2024 | 2024-06-30 | $18.5M | $10.5M | +131.86% |
| Q1 2024 | 2024-03-31 | $9.7M | $1.1M | +13.37% |
| Q4 2023 | 2023-12-31 | $9.8M | $373,000 | +3.95% |
| Q3 2023 | 2023-09-30 | $10.0M | −$12.9M | −56.44% |
| Q2 2023 | 2023-06-30 | $8.0M | −$30.6M | −79.28% |
| Q1 2023 | 2023-03-31 | $8.6M | −$39.7M | −82.29% |
| Q4 2022 | 2022-12-31 | $9.5M | — | — |
| Q3 2022 | 2022-09-30 | $22.9M | −$7.3M | −24.19% |
| Q2 2022 | 2022-06-30 | $38.6M | — | — |
| Q1 2022 | 2022-03-31 | $48.3M | — | — |
| Q3 2021 | 2021-09-30 | $30.2M | — | — |
Verano Holdings capital expenditures (capex) trends
Over the last five fiscal years, Verano Holdings's capital expenditures (capex) decreased from $60.2M to $41.2M, a change of −$18.9M. The latest reported quarter, Q2 2026, shows $11.9M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Verano Holdings source filings ↗