Verano Holdings Corp. VRNO

 — 
6.02 0.01 0.17% as of 25 Sep
Market cap
—
P/E
0.0×

Insider Decisions

Total sells 0.02
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — 4 — — — — — — — — —
Insider Ownership —

Capital & Financial Ratios

Market Cap —
Revenue 835.52
Net Income (258.48)
Free Cash Flow 46.01
Net Debt 395.92
Current Ratio 3.70
Debt/Equity 0.71
P/E ratio 0.00
P/S ratio 0.52
P/B ratio 0.65
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 175 88 83 85
Receivables 39 45 43 58
Inventory 156 184 230 222
Other 2 32 28 24
394 363 405 404
2023 2024 2025 Q'26
Payables 31 40 39 27
ST’ Debt 52 — — 11
Other 4 1 0 0
412 203 140 109
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 29.16% (2.24%)
Cash Flow — (5.90%) (17.56%)
Earnings — 0.00% 0.00%
Book Value — 35.57% (19.40%)

Revenue

Mar Jun Sep Dec Year
’26 208 218 — — —
’25 210 202 203 207 822
’24 221 222 217 218 879
’23 227 234 240 237 938
’22 202 224 228 226 879
’21 121 199 206 211 738
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 19 31 — — —
’25 2 11 26 14 53
’24 31 8 30 44 112
’23 17 24 37 32 110
’22 34 9 22 29 94
’21 25 32 63 63 183
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 4 19 — — —
’25 (12) 0 19 5 12
’24 21 (11) (27) 29 13
’23 10 16 27 23 76
’22 (12) (29) 3 20 (19)
’21 (18) 6 33 15 35
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.25) (0.18) — — —
’25 (0.15) (0.25) (0.60) (2.50) (3.55)
’24 (0.07) (0.30) (0.60) (3.90) (4.90)
’23 (0.15) (0.20) (0.25) (1.10) (1.70)
’22 (0.10) (0.15) (0.65) (3.25) (4.05)
’21 1.35 (0.49) (0.19) (0.23) (0.95)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 49.30 12.90 12.65 5.60 2.05

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 140.00 69.70 27.51 35.40 9.75
High Price
— — — — 1,855 3,888 3,780 3,900 3,800 3,800
Employees
— — — — 0 0 0 0 0 0
Revenue/Emp
— — — — 229 738 879 938 879 822
Revenue
— — — — 59.32% 44.86% 48.11% 50.64% 50.53% 50.33%
Gross Margin
— — — — 82 49 (163) 28 (300) (166)
EBT
— — — — 36.08% 6.64% (18.58%) 2.96% (34.14%) (20.23%)
EBT Margin
— — — — 38 (58) (269) (117) (342) (258)
Net Income
— — — — 11 99 150 152 151 136
Depreciation
— — — — 4.33 12.70 13.27 13.69 12.57 11.38
Revenue/Sh
— — — — 0.76 (0.95) (4.05) (1.70) (4.90) (3.55)
Earnings/Sh
— — — — 1.36 3.15 1.42 1.60 1.60 0.73
Cash Flow/Sh
— — — — (1.27) (2.54) (1.70) (0.50) (1.42) (0.57)
Capex/Sh
— — — — 0.08 0.60 (0.28) 1.10 0.19 0.17
Free CF/Sh
— — — — 2.91 25.51 20.24 18.09 13.60 9.73
Book Value/Sh
— — — — 53 58 66 69 70 72
Shares
— — — — 0.00 42.33 0.00 0.00 0.00 0.00
PE Ratio
— — — — 0.00 4.95 1.15 1.54 0.50 0.55
PS Ratio
— — — — 0.00 2.47 0.75 1.16 0.46 0.65
PB Ratio
— — — — 0.12 5.27 1.58 1.92 0.96 1.05
EV/Sales
— — — — 2.33 110.67 (51.62) 26.78 174.78 239.08
EV/FCF
— — — — 72 183 94 110 112 53
Op' Cash Flow
— — — — (67) (148) (113) (34) (99) (41)
Capex
— — — — 4 35 (19) 76 13 12
FCF
— — — — (45) (193) (68) (18) 160 264
Working Cap'
— — — — 43 333 465 533 494 483
Total Debt
— — — — 27 234 381 358 406 400
Net Debt
— — — — 153 1,482 1,342 1,240 951 702
Sh' Equity
— — — — 0.00% (4.00%) (10.89%) (4.98%) (15.85%) (13.81%)
ROA
— — — — 32.97% 2.36% 2.47% 5.33% 4.17% 4.32%
ROIC
— — — — 0.00% (7.03%) (19.07%) (9.09%) (31.21%) (31.20%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Verano Holdings Corp. (VRNO) key facts

  • Verano Holdings Corp.’s revenue for fiscal 2025 (year ended December 2025) was $821.5 million, down 6.50% from fiscal 2024.
  • Verano Holdings Corp. reported a net loss of $257.9 million, or a loss of $3.55 per share, for fiscal 2025.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.5× sales.
  • Return on equity was −31.2% and debt-to-equity 0.71.

Source: company filings (standardised) and stockrow calculations.

Verano Holdings Corp. (VRNO) Latest News

News by impact score

Fine-tune

20 Aug

4

Verano Holdings Corp. launches Easy Landings, its first national cannabis beverage brand with four flavors made from all-natural ingredients. Verano's launch of a national cannabis beverage brand expands product portfolio and market reach in a growing category.

5 Aug

4

Verano Holdings Corp. (VRNO) announced strong second quarter 2026 financial results highlighted by $218 million in revenue. Strong quarterly revenue signals robust performance likely to drive positive investor sentiment and stock gains.

3

Verano Holdings Corp. reported a Q2 loss but exceeded revenue estimates. Q2 loss with revenue beat creates moderate influence on near-term financial perception and stock movement.

11 Jun

4

Verano Holdings Corp. completed a 1-for-5 reverse stock split to advance its path toward a prospective U.S. stock exchange listing. Reverse stock split advances Verano toward major U.S. exchange listing, likely expanding liquidity and investor base.

3 Jun

4

Verano Holdings Corp. advances plans to uplist shares on a major U.S. exchange. Uplisting represents a major strategic move that could significantly boost liquidity, investor access and Verano's market trajectory.

1 Jun

4

Verano Holdings Corp. announces 1-for-5 reverse stock split to prepare for prospective U.S. stock exchange listing. Reverse stock split clears path to U.S. exchange listing that can materially improve liquidity access and investor reach.

13 May

4

Verano Holdings Corp. submitted DEA registration applications for its state-licensed medical cannabis businesses after the federal rescheduling order. DEA applications after rescheduling position Verano for expanded federal compliance and market access.

30 Apr

3

Verano Holdings Corp. posted a Q1 loss while exceeding revenue estimates. Mixed Q1 earnings with a loss but revenue beat point to moderate effects on near-term stock sentiment.

3

Verano Holdings Corp. reported $208 million in revenue for the first quarter of 2026 with strong financial results. Strong quarterly revenue directly supports improved financial performance visibility and market sentiment for Verano.

29 Apr

3

DOJ reclassifies cannabis to Schedule III on a selective basis rather than universally, creating uneven regulatory effects for multistate operators including Verano Holdings Corp. Partial Schedule III reclassification produces limited operational and valuation shifts for Verano rather than uniform industry-wide relief.

23 Apr

4

Verano Holdings Corp. CEO George Archos celebrates confirmation of cannabis rescheduling to Schedule III. Cannabis rescheduling to Schedule III marks a major regulatory change that can significantly alter Verano's trajectory and investor sentiment.

12 Mar

4

Verano Holdings Corp. (VRNO) enters $195 million senior secured term loan refinancing agreement to fund strategic growth initiatives. $195 million refinancing supplies major capital to execute growth plans and alter financial trajectory.

3

Verano Holdings Corp. reported a Q4 loss while exceeding revenue estimates. Mixed quarterly results can moderately sway near-term investor sentiment and stock movement.

3

Verano Holdings Corp. (VRNO) released fourth quarter and full year 2025 financial results. Quarterly earnings releases provide performance metrics that shape near-term investor views and valuation.

stockrow.com/VRNO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com