Filing Flows › Verano Holdings (VRNO) › Q2 2026 › vs Q1 2026
Verano Holdings (VRNO) Q2 2026 vs Q1 2026 (quarter over quarter)
Verano Holdings's revenue rose $9.7M (+5%) from $208M in Q1 2026 to $218M in Q2 2026.
Verano Holdings, Q2 2026: revenue $218M (+8% year over year), operating margin 1.4%, net loss $13.4M, operating cash flow $30.6M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 8.6% | 1.8% | +6.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $218M | $208M | $9.7M | +5% |
| Net loss | $13.4M | $17.8M | −$4.4M | -25% |
| Costs & expenses | $231M | $226M | $5.3M | +2% |
| Operating costs | $215M | $195M | $19.7M | +10% |
| Interest & other, net | $13.6M | $19.3M | −$5.7M | -29% |
| Income tax | $2.9M | $11.6M | −$8.7M | -75% |
| Cost of revenue | $118M | $109M | $9.0M | +8% |
| Operating cash sources | $44.0M | $36.4M | $7.6M | +21% |
| Depreciation & amortization | $29.4M | $29.2M | $243K | +0.8% |
| Share-based compensation | $5.7M | $2.2M | $3.5M | +158% |
| Working capital & other | $8.9M | $5.0M | $3.9M | +78% |
| Net loss absorbed | $13.4M | $17.8M | −$4.4M | -25% |
| Operating cash flow | $30.6M | $18.6M | $12.0M | +65% |
| Free cash flow (OCF − capex) | $18.8M | $3.6M | $15.1M | +414% |
| Capital expenditures | $11.9M | $14.9M | −$3.1M | -21% |
Questions
How much did Verano Holdings's revenue grow quarter over quarter in Q2 2026?
Verano Holdings's revenue rose $9.7M (+5%) from $208M in Q1 2026 to $218M in Q2 2026.