Verano Holdings Corp. (VRNO)
↓ Download CSV- Sector Agriculture
- Incorporated NV
- Fiscal year ends Dec 31
In fiscal 2025, Verano Holdings Corp. reported revenue of $821.50M, down 6.5% from the prior year. The company ran a net loss, with a net margin of -31.4% and a gross margin of 50.3%. It held $1.74B in total assets against $1.04B in total liabilities.
Key ratios (FY2025)
50.3%
Gross margin
-13.0%
Operating margin
-31.4%
Net margin
-36.6%
Return on equity
-6.5%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | $821.50M | $878.59M | $938.45M | $879.41M | $737.85M | $228.53M |
| Cost of Revenue | $408.01M | $434.65M | $463.25M | $456.35M | $406.83M | $92.96M |
| Gross Profit | $413.50M | $443.93M | $475.21M | $423.06M | $331.02M | $135.57M |
| Operating Income | -$107.09M | -$237.18M | $84.78M | -$161.13M | $64.71M | $95.00M |
| Net Income | -$257.91M | -$341.86M | -$117.35M | -$269.16M | -$57.51M | $38.40M |
| EPS (Diluted) | $-0.71 | $-0.98 | $-0.34 | $-0.81 | $-0.20 | $0.14 |
| Total Assets | $1.74B | $1.99B | $2.32B | $2.40B | $2.55B | — |
| Total Liabilities | $1.04B | $1.04B | $1.08B | $1.05B | $1.07B | — |
| Shareholders' Equity | $704.16M | $952.17M | $1.24B | $1.34B | $1.48B | — |
| Cash & Equivalents | $82.72M | $87.80M | $174.76M | $84.85M | $99.12M | — |
| Operating Cash Flow | $52.85M | $112.19M | $109.71M | $94.35M | $182.87M | $71.63M |
| Capital Expenditures | $41.23M | $99.05M | $36.33M | $119.17M | $141.26M | $60.15M |
| Shares Outstanding | 360.91M | 349.58M | 342.77M | 331.41M | 290.44M | 270.72M |