Verano Earnings + Call Notes
U.S. cannabis operator shares Q325 results.
$203M Revs; est. $203M
$53.1M AEBITDA; est. $61M
$95.2M GP; est. $104.9M
$9.3M OI; est. $24.2M
47% GM; est. 51.7%
($43.8M) NI; est. ($13.1M)
*The increase in net loss was primarily driven by an impairment charge of $5M and legal loss contingencies of $10M.
*Vireo Growth and Verano Holdings Announce Resolution of Litigation Matters👀
Management Commentary
“This quarter reflects our hard work positioning Verano ahead of long-term growth opportunities by investing in infrastructure, generating efficiencies, improving wholesale and brand performance, and strengthening our capital structure and financial foundation for the future.
With more exciting new product innovation planned for the busy retail holiday season, together with our valued partners and talented teams across the country, we look forward to closing the year on a high note and hitting the ground running in what we hope will be a transformative year for Verano and the industry in 2026.”
George Archos, Verano founder, Chairman and Chief Executive Officer
Call Notes
