VERANO HOLDINGS CORP. (VRNO) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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VERANO HOLDINGS CORP. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Depreciation and amortization → operating reconciliation: $29,431,000.00Inventory → operating reconciliation: $13,181,000.00Uncertain tax positions → operating reconciliation: $9,457,000.00Deferred income taxes → operating reconciliation: $6,721,000.00Stock-based compensation → operating reconciliation: $5,695,000.00Loss on impairment of held for sale assets → operating reconciliation: $4,062,000.00Right-of-use assets amortization → operating reconciliation: $3,089,000.00Other, net → operating reconciliation: $2,809,000.00Accounts receivable, net → operating reconciliation: $2,272,000.00Other liabilities, net → operating reconciliation: $157,000.00operating reconciliation → Net cash from operating activities: $30,624,000.00operating reconciliation → Net loss attributable to Verano Holdings Corp. and Subsidiaries: $13,411,000.00operating reconciliation → Income tax receivable: $17,447,000.00operating reconciliation → Income tax payable: $11,310,000.00operating reconciliation → Accounts payable: $2,376,000.00operating reconciliation → Other assets, net: $1,694,000.00operating reconciliation → Loss on disposal of property, plant and equipment: $12,000.00Proceeds from disposal of assets → investing reconciliation: $25,000.00Net cash used in investing activities → investing reconciliation: $11,845,000.00investing reconciliation → Purchases of property, plant and equipment: $11,870,000.00Net cash used in financing activities → financing reconciliation: $7,610,000.00financing reconciliation → Repayments on credit facility: $2,625,000.00financing reconciliation → Purchase of treasury stock: $2,003,000.00financing reconciliation → Other financing activities: $1,888,000.00financing reconciliation → Principal repayments of debt: $930,000.00financing reconciliation → Payment of deferred acquisition price payable: $125,000.00financing reconciliation → Distributions paid to non-controlling interest holders: $39,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $74,026,000.00Net cash from operating activities → Cash sources and uses: $30,624,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $85,195,000.00Cash sources and uses → Net cash used in investing activities: $11,845,000.00Cash sources and uses → Net cash used in financing activities: $7,610,000.00Net loss attributable to Verano Holdings Corp. and Subsidiaries: -$13,411,000.00Net loss attributable to Verano Holdings Corp. andSubsidiaries−$13.41 MDepreciation and amortization: $29,431,000.00Depreciation & amortization+$29.43 MRight-of-use assets amortization: $3,089,000.00Operating lease amortization+$3.09 MLoss on disposal of property, plant and equipment: -$12,000.00Asset sale gain & loss−$12.00 K(Gain) on deconsolidation: $0.00Loss on impairment of fixed assets: $0.00Loss on impairment of held for sale assets: $4,062,000.00Held-for-sale write-downs+$4.06 M(Gain) Loss on debt extinguishment: $0.00Stock-based compensation: $5,695,000.00Stock-based compensation+$5.70 MOther, net: $2,809,000.00Other operating, net+$2.81 MAccounts receivable, net: $2,272,000.00Accounts receivable+$2.27 MInventory: $13,181,000.00Inventories+$13.18 MIncome tax receivable: -$17,447,000.00Income taxes receivable−$17.45 MAccounts payable: -$2,376,000.00Accounts payable−$2.38 MIncome tax payable: -$11,310,000.00Income taxes payable−$11.31 MUncertain tax positions: $9,457,000.00Uncertain tax positions+$9.46 MDeferred income taxes: $6,721,000.00Deferred tax balances+$6.72 MOther assets, net: -$1,694,000.00Other operating assets−$1.69 MOther liabilities, net: $157,000.00Other operating liabilities+$157.00 KNet cash from operating activities: $30,624,000.00Operating cash+$30.62 Moperating reconciliation: $76,874,000.00Proceeds from credit facility: $0.00Proceeds from issuance of debt: $0.00Repayments on credit facility: -$2,625,000.00Secured debt repaid−$2.63 MPrincipal repayments of debt: -$930,000.00Other long-term debt repaid−$930.00 KDebt issuance costs paid: $0.00Payment of debt extinguishment: $0.00Payment of deferred acquisition price payable: -$125,000.00Acquisition-related payments−$125.00 KPurchase of treasury stock: -$2,003,000.00Common stock repurchases−$2.00 MDistributions paid to non-controlling interest holders: -$39,000.00Paid to noncontrolling interests−$39.00 KOther financing activities: -$1,888,000.00Other financing, net−$1.89 MNet cash used in financing activities: -$7,610,000.00. Cash required to fund net payments.Financing cash−$7.61 Mfinancing reconciliation: $7,610,000.00Purchases of property, plant and equipment: -$11,870,000.00PP&E purchases−$11.87 MProceeds from disposal of assets: $25,000.00Asset sales+$25.00 KProceeds from deconsolidation: $0.00Net cash used in investing activities: -$11,845,000.00. Cash required to fund net payments.Investing cash−$11.85 Minvesting reconciliation: $11,870,000.00Cash sources and uses: $104,650,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $74,026,000.00Beginning cash$74.03 MEnding cash: Cash, cash equivalents, and restricted cash: $85,195,000.00Ending cash$85.20 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$13.41M + net operating adjustments $44.04M = operating cash +$30.62MFree cash flow$18.75 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$11.17 MEnding cash − beginning cash
Chart details

VERANO HOLDINGS CORP. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
74,026,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
30,624,000 US dollars. Net cash provided.
Net loss attributable to Verano Holdings Corp. and Subsidiaries
negative 13,411,000 US dollars
Depreciation and amortization
29,431,000 US dollars
Right-of-use assets amortization
3,089,000 US dollars
Loss on disposal of property, plant and equipment
negative 12,000 US dollars
(Gain) on deconsolidation
0 US dollars
Loss on impairment of fixed assets
0 US dollars
Loss on impairment of held for sale assets
4,062,000 US dollars
(Gain) Loss on debt extinguishment
0 US dollars
Stock-based compensation
5,695,000 US dollars
Other, net
2,809,000 US dollars
Accounts receivable, net
2,272,000 US dollars
Inventory
13,181,000 US dollars
Income tax receivable
negative 17,447,000 US dollars
Accounts payable
negative 2,376,000 US dollars
Income tax payable
negative 11,310,000 US dollars
Uncertain tax positions
9,457,000 US dollars
Deferred income taxes
6,721,000 US dollars
Other assets, net
negative 1,694,000 US dollars
Other liabilities, net
157,000 US dollars
Investing activities
negative 11,845,000 US dollars. Net cash used.
Purchases of property, plant and equipment
negative 11,870,000 US dollars
Proceeds from disposal of assets
25,000 US dollars
Proceeds from deconsolidation
0 US dollars
Financing activities
negative 7,610,000 US dollars. Net cash used.
Proceeds from credit facility
0 US dollars
Proceeds from issuance of debt
0 US dollars
Repayments on credit facility
negative 2,625,000 US dollars
Principal repayments of debt
negative 930,000 US dollars
Debt issuance costs paid
0 US dollars
Payment of debt extinguishment
0 US dollars
Payment of deferred acquisition price payable
negative 125,000 US dollars
Purchase of treasury stock
negative 2,003,000 US dollars
Distributions paid to non-controlling interest holders
negative 39,000 US dollars
Other financing activities
negative 1,888,000 US dollars
Operating adjustment reconciliation
76,874,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
7,610,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
11,870,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
85,195,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
104,650,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
11,169,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
30,624,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
11,870,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
18,754,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$13.41M + net operating adjustments $44.04M = operating cash +$30.62M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 30,624,000 US dollars minus 11,870,000 US dollars equals 18,754,000 US dollars.
VERANO HOLDINGS CORP. (VRNO) FY2026 Q2 Statement of Cash Flows Sankey chart
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