FY2025 · ended Dec 31, 2025 · Revenue $821.50M, -6.5% YoY · Filed Mar 12, 2026
Verano Holdings Corp. (VRNO) files with the SEC under industry code 0100, Agricultural Production-Crops. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $821.5 million and a net loss of $257.9 million. Free cash flow was $11.6 million. As of Sep 30, 2026 it held $102.1 million in cash and investments and $490.9 million in total debt.
Revenue (TTM)
$845.15M
+1.4% vs year-ago TTM
Net income (TTM)
$-218.71M
+37.0% vs year-ago TTM
Operating cash flow (TTM)
$111.72M
+35.3% vs year-ago TTM
Free cash flow (TTM)
$62.34M
+70.8% vs year-ago TTM
EPS (TTM)
$-0.60
+74.8% vs year-ago TTM
Dividend per share
None
Shares outstanding
363.25M
+6.3% vs prior year
Net cash
$-388.80M
as of Sep 30, 2026
Operating margin
-15.3%
FY 2026
Company profile
- Industry
- Agricultural Production-Crops (SIC 0100)
- Listed as
- VRNO (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- Chicago, IL
- SEC filer status
- Accelerated filer
- SEC CIK
- 1848416
Other Agricultural Production-Crops companies
- Vylor Inc. VYLR
- Corteva, Inc. CTVA
- Green Thumb Industries Inc. GTBIF
- Adecoagro S.A. AGRO
- Del Monte Corp DMC
- Dole plc DOLE
- Village Farms International, Inc. VFF
- TerrAscend Corp. TSNDF
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $821.5M | $878.6M | $938.5M | $879.4M |
| Operating income | -$107.1M | -$237.2M | $84.8M | -$161.1M |
| Net income | -$257.9M | -$341.9M | -$117.3M | -$269.2M |
| Diluted EPS | -$0.71 | -$0.98 | -$0.34 | -$0.81 |
| Operating cash flow | $52.9M | $112.2M | $109.7M | $94.3M |
| Free cash flow | $11.6M | $13.1M | $73.4M | -$24.8M |
| Total assets | $1.7B | $2.0B | $2.3B | $2.4B |
| Total liabilities | $1.0B | $1.0B | $1.1B | $1.1B |
| Stockholders' equity | $704.2M | $952.2M | $1.2B | $1.3B |
| Cash and investments | $82.7M | $87.8M | $174.8M | $84.9M |
| Total debt | $502.8M | $523.0M | $542.8M | $498.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 29, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 29, 2026 | Oct 29, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 5, 2026 | Aug 5, 2026 |
| 8-K | Current report | Jun 23, 2026 | Jun 20, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 18, 2026 | Jun 18, 2026 |
All 510 Verano Holdings Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.