📊 VRNO Key Takeaways
Is Verano Holdings Corp. (VRNO) a Good Investment?
Verano is experiencing severe profitability deterioration with a $257.9M net loss, declining revenue (-6.5% YoY), and negative operating margins (-13.0%), indicating fundamental operational distress. While gross margins of 50.3% demonstrate viable unit economics, the company cannot cover interest from operations and generates minimal free cash flow (1.4% FCF margin), leaving inadequate financial flexibility to manage $399.7M in long-term debt.
Why Buy Verano Holdings Corp. Stock? VRNO Key Strengths
- Gross margin of 50.3% demonstrates strong cost control at production level and viable unit economics
- Positive operating cash flow of $52.9M indicates underlying business generates some cash
- Healthy current ratio of 2.88x provides adequate short-term liquidity buffer
VRNO Stock Risks: Verano Holdings Corp. Investment Risks
- Massive net loss of $257.9M with deeply negative net margin of -31.4% indicates unsustainable business model
- Revenue declining 6.5% YoY while carrying $399.7M debt with inability to service from operating income
- Minimal free cash flow of $11.6M provides insufficient cushion for debt obligations, capex, and operations
Key Metrics to Watch
- Revenue stabilization and return to positive YoY growth
- Operating margin improvement toward profitability breakeven
- Free cash flow generation and debt service capacity
Verano Holdings Corp. (VRNO) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 1.4% FCF margin may limit capital allocation flexibility. Strong liquidity with a 2.88x current ratio provides a solid financial cushion.
VRNO Profit Margin, ROE & Profitability Analysis
VRNO vs Market Sector: How Verano Holdings Corp. Compares
How Verano Holdings Corp. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Verano Holdings Corp. Stock Overvalued? VRNO Valuation Analysis 2026
Based on fundamental analysis, Verano Holdings Corp. shows some fundamental concerns relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Verano Holdings Corp. Balance Sheet: VRNO Debt, Cash & Liquidity
VRNO Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Verano Holdings Corp.'s revenue has shown modest growth of 7% over the 5-year period. The most recent EPS of $-0.34 indicates the company is currently unprofitable.
VRNO Revenue Growth, EPS Growth & YoY Performance
VRNO Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $202.8M | -$42.6M | $-0.12 |
| Q2 2025 | $202.3M | -$19.2M | $-0.05 |
| Q1 2025 | $209.8M | -$4.8M | $-0.01 |
| Q3 2024 | $216.7M | -$17.8M | $-0.05 |
| Q2 2024 | $222.4M | -$13.1M | $-0.04 |
| Q1 2024 | $221.3M | -$4.8M | $-0.01 |
| Q3 2023 | $227.6M | -$17.8M | $-0.05 |
| Q2 2023 | $223.7M | -$9.8M | $-0.03 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Verano Holdings Corp. Dividends, Buybacks & Capital Allocation
VRNO SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Verano Holdings Corp. (CIK: 0001848416)
📋 Recent SEC Filings
❓ Frequently Asked Questions about VRNO
What is the AI rating for VRNO?
Verano Holdings Corp. (VRNO) has an AI rating of STRONG SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.
What are VRNO's key strengths?
Claude: Gross margin of 50.3% demonstrates strong cost control at production level and viable unit economics. Positive operating cash flow of $52.9M indicates underlying business generates some cash.
What are the risks of investing in VRNO?
Claude: Massive net loss of $257.9M with deeply negative net margin of -31.4% indicates unsustainable business model. Revenue declining 6.5% YoY while carrying $399.7M debt with inability to service from operating income.
What is VRNO's revenue and growth?
Verano Holdings Corp. reported revenue of $821.5M.
Does VRNO pay dividends?
Verano Holdings Corp. does not currently pay dividends.
Where can I find VRNO SEC filings?
Official SEC filings for Verano Holdings Corp. (CIK: 0001848416) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is VRNO's EPS?
Verano Holdings Corp. has a diluted EPS of $-0.71.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is VRNO a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Verano Holdings Corp. has a STRONG SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is VRNO stock overvalued or undervalued?
Valuation metrics for VRNO: ROE of -36.6% (sector avg: 15%), net margin of -31.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy VRNO stock in 2026?
Our dual AI analysis gives Verano Holdings Corp. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is VRNO's free cash flow?
Verano Holdings Corp.'s operating cash flow is $52.9M, with capital expenditures of $41.2M. FCF margin is 1.4%.
How does VRNO compare to other Market stocks?
Vs Default sector averages: Net margin -31.4% (avg: 12%), ROE -36.6% (avg: 15%), current ratio 2.88 (avg: 1.8).