earnings
confidence high
sentiment positive
materiality 1.00
Vireo Growth Q1 revenue $106.2M (+333.5% YoY); closes multiple acquisitions
Vireo Growth Inc.
2026-Q1 EPS reported
-$0.02
revenue$106,200,000
- GAAP revenue $106.2M, up 333.5% YoY; GAAP gross profit $59.3M (55.8% margin).
- Adjusted EBITDA $32.7M, up 395.5% YoY; margin 30.8%.
- Closed Schwazze acquisition and PharmaCann MSA during Q1; acquired Eaze and Hawthorne post-quarter.
- Announced definitive agreement to acquire FLUENT and JV with Glass House Brands post-quarter.
- Ended Q1 with $137.8M cash; expects to remain acquisitive.