Quick Answer
Verano Holdings Corp. reported Total Revenue of $821.50 million for fiscal year 2025.
Verano Holdings Corp. — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | $821.50M -6.5% |
$878.59M -6.4% |
$938.45M +6.7% |
$879.41M +19.2% |
$737.85M +222.9% |
$228.53M |
| Revenue (ASC 606) | $821.50M -6.5% |
$878.59M -6.4% |
$938.45M +6.7% |
$879.41M +19.2% |
$737.85M +222.9% |
$228.53M |
| Net Income | -$257.91M +24.6% |
-$341.86M -191.3% |
-$117.35M +56.4% |
-$269.16M -368.1% |
-$57.51M -249.8% |
$38.40M |
| Diluted EPS | -$0.71 +27.6% |
-$0.98 -188.2% |
-$0.34 +58.0% |
-$0.81 -305.0% |
-$0.20 -242.9% |
$0.14 |
| Total Assets | $1.74B -12.7% |
$1.99B -14.0% |
$2.32B -3.2% |
$2.40B -6.0% |
$2.55B | — |
| Cash and Equivalents | $82.72M -5.8% |
$87.80M -49.8% |
$174.76M +106.0% |
$84.85M -14.4% |
$99.12M | — |
| Long-Term Debt | $391.88M -1.0% |
$395.70M +0.5% |
$393.64M +1.3% |
$388.54M +40.7% |
$276.15M | — |
| Stockholders Equity | $704.16M -26.0% |
$952.17M -23.2% |
$1.24B -7.6% |
$1.34B -9.4% |
$1.48B | — |
| Operating Income | -$107.09M +54.8% |
-$237.18M -379.7% |
$84.78M +152.6% |
-$161.13M -349.0% |
$64.71M -31.9% |
$95.00M |
| Gross Profit | $413.50M -6.9% |
$443.93M -6.6% |
$475.21M +12.3% |
$423.06M +27.8% |
$331.02M +144.2% |
$135.57M |
| Shares Outstanding | 363.25M | — | — | — | — | 100,000 |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $202.81M | -6.4% | +0.3% |
| Revenue (ASC 606) | September 30, 2025 | $202.81M | -6.4% | +0.3% |
| Net Income | September 30, 2025 | -$43.83M | -3.0% | -128.9% |
| Diluted EPS | September 30, 2025 | -$0.12 | +0.0% | -140.0% |
| Total Assets | September 30, 2025 | $1.93B | -16.8% | -0.8% |
| Cash and Equivalents | September 30, 2025 | $82.62M | +27.1% | +20.5% |
| Long-Term Debt | September 30, 2025 | $397.82M | +0.1% | -0.5% |
| Stockholders Equity | September 30, 2025 | $885.86M | -27.3% | -4.5% |
| Operating Income | September 30, 2025 | $9.28M | -44.7% | -64.6% |
| Gross Profit | September 30, 2025 | $95.24M | -12.7% | -15.7% |
| Shares Outstanding | November 30, 2020 | 100,000 | — | — |
- Verano Holdings Corp. reported Total Revenue of $821.50 million for fiscal year 2025.
- Verano Holdings Corp. showed a decrease of -6.5% in Total Revenue compared to the prior fiscal year.
- Verano Holdings Corp. reported Revenue (ASC 606) of $821.50 million for fiscal year 2025.
- Verano Holdings Corp. showed a decrease of -6.5% in Revenue (ASC 606) compared to the prior fiscal year.
- Verano Holdings Corp. reported Net Income of -$257.91 million for fiscal year 2025.
- Verano Holdings Corp. showed an increase of +24.6% in Net Income compared to the prior fiscal year.
- Verano Holdings Corp. reported Diluted EPS of $0.71 per share (loss) for fiscal year 2025.
- Verano Holdings Corp. showed an increase of +27.6% in Diluted EPS compared to the prior fiscal year.
- Verano Holdings Corp. reported Total Assets of $1.74 billion for fiscal year 2025.
- Verano Holdings Corp. showed a decrease of -12.7% in Total Assets compared to the prior fiscal year.
- Verano Holdings Corp. reported Cash and Equivalents of $82.72 million for fiscal year 2025.
- Verano Holdings Corp. showed a decrease of -5.8% in Cash and Equivalents compared to the prior fiscal year.
- Verano Holdings Corp. reported Long-Term Debt of $391.88 million for fiscal year 2025.
- Verano Holdings Corp. showed a decrease of -1.0% in Long-Term Debt compared to the prior fiscal year.
- Verano Holdings Corp. reported Stockholders Equity of $704.16 million for fiscal year 2025.
- Verano Holdings Corp. showed a decrease of -26.0% in Stockholders Equity compared to the prior fiscal year.
- Verano Holdings Corp. reported Operating Income of -$107.09 million for fiscal year 2025.
- Verano Holdings Corp. showed an increase of +54.8% in Operating Income compared to the prior fiscal year.
- Verano Holdings Corp. reported Gross Profit of $413.50 million for fiscal year 2025.
- Verano Holdings Corp. showed a decrease of -6.9% in Gross Profit compared to the prior fiscal year.
- Verano Holdings Corp. reported Shares Outstanding of 363.25 million shares for fiscal year 2025.
- Verano Holdings Corp. showed an increase of +363145.5% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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