Verano and Integer Holdings post quarterly results; Integer agrees KKR buyout

what happened

According to TradingView, citing SEC filings, Verano Holdings booked quarterly revenue of $212.44 million, up 4.7% from $202.81 million a year earlier. Its net loss shrank to $4.07 million from $43.83 million, and the loss per diluted share narrowed to $0.06 from $0.61.

Over nine months, Verano's revenue rose 4% to $638.5 million. Retail supplied 69.6% of sales, while wholesale weakened amid market compression and competition. The company operates in 13 states with 163 dispensaries and 14 cultivation and processing facilities, and it expects market maturation to keep pressuring margins.

In the third quarter of 2026, Integer Holdings generated revenue of $449.7 million, down 3.9% year over year. Net income fell 62.3% to $15 million, and diluted EPS dropped to $0.43. Gross margin slipped to 22.6% on weaker fixed-cost absorption and higher raw-material costs. Integer also agreed to be acquired by a KKR affiliate, with closing expected by the end of 2026, subject to conditions.

why it matters

For markets, the most important element is the Integer deal with KKR, since its terms and closing timeline will shape the stock's next move. Both reports point to margin pressure, while Verano's revenue growth rests on its retail business.

market impact

Integer Holdings: profit decline and the KKR deal set the near-term agenda for the stock

tags

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