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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 3/30
$4.70−0.19 (-3.89%)

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

Verano Holdings Corp. grew revenue 1.4% to $845.15M over the twelve months to Sep 30, 2026. Free cash flow was $62.34M, up 70.8% from a year earlier. At the latest close the market valued the company at $343.66M.

Revenue
$845.15M
+1.4% vs. a year earlier
Operating income
-$129.43M
TTM Q3 2026
Free cash flow
$62.34M
+70.8% vs. a year earlier
EPS, diluted
-$3.02
TTM Q3 2026

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$343.66M
P/E ratio
–
Price to sales
0.41
Price to book
0.51
Dividend yield
–
Free cash flow yield
18.14%

Fundamentals

Revenue
$845.15M
Net income
-$218.71M
EPS, diluted
-$3.02
Free cash flow
$62.34M
Book value per share
$9.19
Diluted shares
73M

Trading

Next earnings
Mar 11, 2027 (estimated, before the open)
Previous close
$4.89
Open
$5.12
Day's range
$4.70 – $5.16
Volume
48,216
Average volume (20 days)
155,210

Market cap history

Month-end market cap since 2021, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Oct 19, 2026. The S&P 500 is measured by the SPY fund.

PeriodVRNOS&P 500DifferenceVRNO per yearS&P 500 per year
1 month-21.9%+0.6%−22.6 pts
3 months-20.2%+3.4%−23.6 pts
Year to date-25.4%+13.3%−38.7 pts
1 year-34.3%+16.6%−50.9 pts
3 years-79.1%+86.4%−165.5 pts-40.7%+23.1%
5 years-91.4%+81.9%−173.2 pts-38.8%+12.7%

Seven years at a glance

Fiscal years 2019 to 2025 and trailing twelve months, USD

Revenue

$845.15M+1.4% YoY

Gross profit

$404.41M-2.6% YoY

Operating income

-$129.43M

Net income

-$218.71M

EPS, diluted

-$3.02

Free cash flow

$62.34M+70.8% YoY
Reported periodTrailing twelve months

Press releases

Releases Verano filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Verano

Agricultural Production-Crops

Verano Holdings Corp. is a vertically integrated cannabis company that engages in cultivation, processing, wholesale distribution, and retail operations. The company produces cannabis items under several proprietary brands, including Encore, Avexia, MÜV, Savvy, and Verano, while also managing dispensaries under retail banners such as Zen Leaf and MÜV. Its business encompasses both medical-use and adult-use consumer segments. Through its supply chain, the enterprise serves individual retail patients and recreational consumers, as well as third-party dispensaries through commercial wholesale relationships.

Company profile, executives and history

Verano stock: common questions

What is Verano's stock price?

VRNO closed at $4.70 on Oct 19, 2026, down 3.89% on the day.

What is Verano's market cap?

Verano was worth $343.66M at the close on Oct 19, 2026: the share price times the diluted shares outstanding.

What is VRNO's P/E ratio?

Verano lost money over the twelve months to Sep 30, 2026 (diluted EPS -$3.02), so it has no meaningful P/E ratio.

How much revenue does Verano make?

Verano reported revenue of $845.15M for the twelve months to Sep 30, 2026, up 1.4% from a year earlier.

Does Verano pay a dividend?

No. Verano has not paid a cash dividend over the last twelve months.

When does Verano report earnings next?

Verano is expected to report Q4 FY2026 results on Mar 11, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.

How has VRNO stock performed over the past year?

Including dividends, VRNO returned -34.3% over the past year, against +16.6% for the S&P 500.

Who are Verano's competitors?

Companies most similar to Verano by business, industry and size include GTBIF, TSNDF, ITHUF, PLNH, VFF.

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