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Verano Holdings Corp. (VRNO) stock

VRNOOTCAgricultural Production-CropsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 4/30
$4.70−0.19 (-3.89%)

Close on Oct 19, 2026Market cap $343.66MP/E –Yield –

Verano gross margin

Gross margin is gross profit as a percentage of revenue.

Verano's gross margin for the twelve months ending Sep 30, 2026 was 47.9%. For fiscal 2025 it was 50.3%, against 50.5% the year before. The highest annual figure on record is 59.3% in fiscal 2020.

Annual gross margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 202550.3%−0.2
FY2024Dec 31, 202450.5%−0.1
FY2023Dec 31, 202350.6%+2.5
FY2022Dec 31, 202248.1%+3.2
FY2021Dec 31, 202144.9%−14.5
FY2020Dec 31, 202059.3%–

Quarterly gross margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q3 FY2026Sep 30, 202647.1%+0.1
Q2 FY2026Jun 30, 202645.8%−10.1
Q1 FY2026Mar 31, 202647.5%+0.1
Q4 FY2025Dec 31, 202551.2%+1.9
Q3 FY2025Sep 30, 202547.0%−3.4
Q2 FY2025Jun 30, 202555.9%+4.4
Q1 FY2025Mar 31, 202547.5%−3.6
Q4 FY2024Dec 31, 202449.3%−0.3
Q3 FY2024Sep 30, 202450.3%−5.1
Q2 FY2024Jun 30, 202451.4%+2.2
Q1 FY2024Mar 31, 202451.0%+3.0
Q4 FY2023Dec 31, 202349.6%+3.8
Q3 FY2023Sep 30, 202355.5%+1.4
Q2 FY2023Jun 30, 202349.2%+5.3
Q1 FY2023Mar 31, 202348.1%−0.7
Q4 FY2022Dec 31, 202245.7%−6.0
Q3 FY2022Sep 30, 202254.0%+6.5
Q2 FY2022Jun 30, 202243.9%+9.1
Q1 FY2022Mar 31, 202248.8%–
Q4 FY2021Dec 31, 202151.7%–
Q3 FY2021Sep 30, 202147.6%–
Q2 FY2021Jun 30, 202134.8%–

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