Financial insights of VRNO

MyFinsight

For the year ending 2025-12-31, VRNO made $821,504K in revenue. -$257,908K in net income. Net profit margin of -31.39%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31
Revenues, net of discounts	821,504
Cost of goods sold, net	408,007
Gross profit	413,497
Selling, general, and administrative expenses	337,322
Loss on impairment - investment in associates	0
Loss on impairment of intangibles goodwill	86,591
Loss on impairment of intangibles, fixed assets & held for sale assets	96,677
Total operating expenses	520,590
Loss from investments in associates	0
Income (loss) from operations	-107,093
Loss on disposal of property, plant and equipment	-1,950
Gain on deconsolidation	4,739
Gain (loss) on debt extinguishment	1,938
Interest expense, net	-53,589
Other income (expense), net	-10,275
Total other income (expense), net	-59,137
Income (loss) before provision for income taxes and non-controlling interest	-166,230
Provision for income taxes	91,678
Net loss attributable to verano holdings corp. & subsidiaries	-257,908

Basic EPS	-0.71
Diluted EPS	-0.71
Basic Average Shares	360,911,293
Diluted Average Shares	360,911,293