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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 profit margin

Profit margin (net margin) is net income as a percentage of revenue.

Verano's profit margin for the twelve months ending Sep 30, 2026 was -25.9%. For fiscal 2025 it was -31.4%, against -38.9% the year before. The highest annual figure on record is 16.8% in fiscal 2020.

Annual profit margin

PeriodPeriod endValueChange (pts)
FY2025Dec 31, 2025-31.4%+7.5
FY2024Dec 31, 2024-38.9%−26.4
FY2023Dec 31, 2023-12.5%+18.1
FY2022Dec 31, 2022-30.6%−22.8
FY2021Dec 31, 2021-7.8%−24.6
FY2020Dec 31, 202016.8%–

Quarterly profit margin

Change is against the same quarter a year earlier.

PeriodPeriod endValueChange (pts)
Q3 FY2026Sep 30, 2026-1.9%+19.7
Q2 FY2026Jun 30, 2026-6.2%+3.3
Q1 FY2026Mar 31, 2026-8.6%−3.1
Q4 FY2025Dec 31, 2025-88.8%+36.2
Q3 FY2025Sep 30, 2025-21.6%−2.0
Q2 FY2025Jun 30, 2025-9.5%+0.3
Q1 FY2025Mar 31, 2025-5.5%−3.3
Q4 FY2024Dec 31, 2024-125.0%−92.4
Q3 FY2024Sep 30, 2024-19.6%−12.2
Q2 FY2024Jun 30, 2024-9.8%−4.2
Q1 FY2024Mar 31, 2024-2.2%+1.9
Q4 FY2023Dec 31, 2023-32.6%+63.1
Q3 FY2023Sep 30, 2023-7.4%+11.5
Q2 FY2023Jun 30, 2023-5.6%−1.2
Q1 FY2023Mar 31, 2023-4.1%−4.0
Q4 FY2022Dec 31, 2022-95.7%−92.1
Q3 FY2022Sep 30, 2022-18.9%−12.8
Q2 FY2022Jun 30, 2022-4.4%+10.5
Q1 FY2022Mar 31, 2022-0.1%–
Q4 FY2021Dec 31, 2021-3.5%–
Q3 FY2021Sep 30, 2021-6.1%–
Q2 FY2021Jun 30, 2021-14.9%–

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