VRNO
Verano Holdings Corp.
Next earnings Aug 5, 2026 · consensus $-0.15 EPS, $214M rev
$5.77
▲ +2.30%$5.77▲ +131.73%
over 1Y
L $2.39H $8.70
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+2.3%
1W+7.2%
1M+3.0%
3M+14.3%
YTD-11.9%
1Y+131.7%
Avoid
Conviction
Horizon
Medium (3–12mo)
Street · 14 analysts
Buy
Revenue declined -6.5% YoY.
Revenue (FY2025) $822M · FY2025
Verano Holdings Corp. shows $822M in FY2025 revenue (-6.5% YoY), a -31.4% net margin, and -36.6% ROE.
Weighing against it: revenue declined -6.5% YoY; unprofitable (net margin -31.4%).
Is VRNO a buy? The one-page verdict, explained →
The options angle
model · matches our verdictBear put spread (caution)~60d expiry
- Long put 6 @ ~0.78 est
- Short put 5 @ ~0.30 est
debit $48max +$52max −$48BE 5.52
AVOID means we wouldn't engage at all — if expressing the short side anyway, only with capped risk.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $738M | $879M | $938M | $879M | $822M |
| Gross profit | $331M | $423M | $475M | $444M | $413M |
| Operating income | $64.7M | -$161M | $84.8M | -$237M | -$107M |
| Net income | -$57.5M | -$269M | -$117M | -$342M | -$258M |
| Diluted EPS | -$0.20 | -$0.81 | -$0.34 | -$0.98 | -$0.71 |
| Net margin | -7.8% | -30.6% | -12.5% | -38.9% | -31.4% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$736M
EV / EBITDA43.1
EV / Sales0.9
EV / FCF63.3
P / FCF36.0
PEG (trailing)—
Earnings yield-61.5%
FCF yield2.8%
Quality & risk
ROIC (est.)-7.7%
Free cash flow$11.6M
Total debt$400M
Net cash-$317M
Altman Z-Score-0.14 distress
Piotroski F-Score5/9
Capital returns
Buyback yield—
Dividend yield (est.)0.0%
Shareholder yield0.0%
Shares Δ YoY+6.3%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗SCHEDULE 13G/AFiling2026-07-02open ↗8-KPeriod ending 2026-06-202026-06-23open ↗8-KPeriod ending 2026-06-182026-06-18open ↗8-KPeriod ending 2026-06-112026-06-11open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-052026-06-09open ↗8-KPeriod ending 2026-06-022026-06-08open ↗
Frequently asked
- Is Verano Holdings Corp. (VRNO) a buy?
- VRNO currently carries a Avoid rating with 4/5 conviction, derived from its latest SEC filings. Revenue declined -6.5% YoY.
- What is Verano Holdings Corp.'s quality score?
- VRNO scores 56.75348371941419/100 (grade C) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001848416, latest 10-Q filed 2026-04-30) · EODHD · as of 6/18/2026, 1:05:53 PM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
Rule-based analysis, generated automatically from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 18, 2026, 9:05 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.