earnings
confidence high
sentiment positive
materiality 0.75
Vireo Q3 revenue jumps 264% YoY to $91.7M; adjusted EBITDA $25.4M
Vireo Growth Inc.
2025-Q3 EPS reported
-$0.08
revenue$164,258,806
- GAAP revenue of $91.7M (+264% YoY); GAAP gross profit $37.4M (40.8% margin, down 820 bps).
- Adjusted operating income $21.0M (+304% YoY); adjusted EBITDA $25.4M (+297% YoY).
- Completed refinancing of senior secured debt, expected to cut annualized interest expense by $10M.
- Ended Q3 with $117M cash; plans to remain acquisitive in distressed market.
- Q3 2025 GAAP operating income $0.8M vs $3.9M YoY, down 79% due to deal-related costs.