Verano Holdings Corp. — Third Quarter 2026 Earnings Summary

Verano Holdings Corp. reported third-quarter 2026 net revenues of $212.4 million, representing a 5% year-over-year increase. The company achieved a gross profit of $100 million and an adjusted EBITDA of $50.4 million, while net loss attributable to shareholders narrowed to $4.1 million compared to $43.8 million in the prior year period. Year-to-date through September 30, 2026, revenues reached $638.5 million with a net loss of $35.3 million and adjusted EBITDA of $150.6 million. Additionally, the company raised its full-year 2026 capital expenditures guidance to a range of $54 million to $60 million.