Filing Flows › Verano Holdings (VRNO) › How it makes money
How Verano Holdings (VRNO) makes money
Verano Holdings (VRNO) made $212M of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $212M | 100.0% |
| Income tax | $7.3M | 3.4% |
| Operating cash flow | $48.7M | 22.9% |
| Free cash flow | $35.6M | 16.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $212M | +5% |
| Q2 2026 | $218M | +8% |
| Q1 2026 | $208M | -0.8% |
| Q4 2025 | $207M | -5% |
| Q3 2025 | $203M | -6% |
| Q2 2025 | $202M | -9% |
| Q1 2025 | $210M | -5% |
From Verano Holdings' 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does Verano Holdings make money?
Verano Holdings (VRNO) made $212M of revenue in the third quarter 2026 (Q3 2026), +5% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.