Financial insights of VRNO

MyFinsight

For the quarter ending 2026-03-31, VRNO made $208,178K in revenue. -$17,823K in net income. Net profit margin of -8.56%.

Income Statement	2026-03-31	2025-12-31
Revenues, net of discounts	208,178	205,376*
Cost of goods sold, net	109,202	102,002*
Gross profit	98,976	103,374*
Selling, general, and administrative expenses	85,877	84,330*
Loss on impairment - investment in associates	-	0*
Loss on impairment of intangibles goodwill	-	21,648*
Loss on impairment of intangibles, fixed assets & held for sale assets	-	24,169*
Total operating expenses	-	130,147*
Loss from investments in associates	-	0*
Income from operations	13,099	-26,773*
Loss on disposal of property, plant and equipment	-27	-487*
Gain on deconsolidation	0	1,185*
Loss on debt extinguishment	-5,738	485*
Interest expense, net	-12,312	-13,397*
Other expense, net	-1,222	-2,569*
Total other income (expense), net	-19,299	-14,784*
Income (loss) before provision for income taxes	-6,200	-41,557*
Provision for income taxes	11,623	22,920*
Net loss attributable to verano holdings corp. & subsidiaries	-17,823	-64,477

Basic EPS	-0.05	-0.179
Diluted EPS	-0.05	-0.179
Basic Average Shares	363,366,348	360,911,293
Diluted Average Shares	363,366,348	360,911,293

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.