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Verano Announces Strong First Quarter 2026 Financial Results Highlighted by $208 Million in Revenue

$VRNOPress releaseApr 30, 2026, 7:00 AM ETRead the release

Verano reported Q1 revenue of $208 million, up 1% sequentially but down 1% year-over-year, while returning to operating income of $13 million. The company announced a $20 million share repurchase authorization and strengthened its balance sheet by securing a new $195 million credit facility to pay off prior debt.

Key figures

Revenue
$208 million
Guidance
2026 capital expenditures $30 million to $50 million
Revenue Yoy
-1%

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