Verano Holdings annual gross profit
2020
2021
2022
2023
2024
2025
Verano Holdings Gross Profit Growth & History (VRNO)
Verano Holdings's gross profit was $413.5M for fiscal 2025.
View full Verano Holdings company overviewVerano Holdings annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $413.5M | −$30.4M | −6.86% |
| 2024 | 2024-12-31 | $443.9M | −$31.3M | −6.58% |
| 2023 | 2023-12-31 | $475.2M | $52.1M | +12.33% |
| 2022 | 2022-12-31 | $423.1M | $92.0M | +27.81% |
| 2021 | 2021-12-31 | $331.0M | $195.4M | +144.17% |
| 2020 | 2020-12-31 | $135.6M | — | — |
Verano Holdings quarterly gross profit
Q2.21
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 | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $99.7M | −$13.3M | −11.76% |
| Q1 2026 | 2026-03-31 | $99.0M | −$605,000 | −0.61% |
| Q4 2025 | 2025-12-31 | $105.7M | −$1.8M | −1.71% |
| Q3 2025 | 2025-09-30 | $95.2M | −$13.9M | −12.70% |
| Q2 2025 | 2025-06-30 | $113.0M | −$1.4M | −1.19% |
| Q1 2025 | 2025-03-31 | $99.6M | −$13.4M | −11.84% |
| Q4 2024 | 2024-12-31 | $107.5M | −$10.1M | −8.57% |
| Q3 2024 | 2024-09-30 | $109.1M | −$24.1M | −18.11% |
| Q2 2024 | 2024-06-30 | $114.3M | −$851,000 | −0.74% |
| Q1 2024 | 2024-03-31 | $113.0M | $3.8M | +3.46% |
| Q4 2023 | 2023-12-31 | $117.6M | $14.3M | +13.81% |
| Q3 2023 | 2023-09-30 | $133.2M | $10.2M | +8.31% |
| Q2 2023 | 2023-06-30 | $115.2M | $17.1M | +17.40% |
| Q1 2023 | 2023-03-31 | $109.2M | $10.6M | +10.72% |
| Q4 2022 | 2022-12-31 | $103.3M | — | — |
| Q3 2022 | 2022-09-30 | $123.0M | $24.8M | +25.25% |
| Q2 2022 | 2022-06-30 | $98.1M | $28.9M | +41.76% |
| Q1 2022 | 2022-03-31 | $98.6M | — | — |
| Q3 2021 | 2021-09-30 | $98.2M | — | — |
| Q2 2021 | 2021-06-30 | $69.2M | — | — |
Verano Holdings gross profit trends
Over the last five fiscal years, Verano Holdings's gross profit increased from $135.6M to $413.5M, a change of $277.9M. The latest reported quarter, Q2 2026, shows $99.7M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Verano Holdings source filings ↗