7/103 sources · 3 publishersUpdated Nov 10, 13:18 UTC
Vireo Growth reports Q3 2026 revenue up 177% to $253.7 million
Vireo Growth Inc. posted third‑quarter 2026 GAAP revenue of $253.7 million, a 177% year‑over‑year increase, driven by recent acquisitions. Pro‑forma revenue, reflecting the deals, was $277.0 million. The company ended the quarter with $106.8 million in cash, launched a share‑repurchase program and said it will stay acquisitive, targeting an annualized revenue run‑rate above $1 billion.
Why it matters
The firm forecasts fourth‑quarter revenue of $250 million‑$265 million and adjusted EBITDA of $45 million‑$48 million, indicating continued growth momentum. The higher cash balance and share‑repurchase program may support the stock price.
Key facts
- 1GAAP revenue for Q3 2026 was $253.7 million, up 177% YoY. brantfordexpositor.ca
- 2Pro‑forma revenue for the quarter, including acquisitions, was $277.0 million. brantfordexpositor.ca
- 3The company closed the quarter with $106.8 million in cash. brantfordexpositor.ca
- 4Annualized revenue run‑rate exceeded $1 billion based on Q3 GAAP revenue. brantfordexpositor.ca
- 5Vireo launched a share‑repurchase program. brantfordexpositor.ca
- 6Gross profit was $107.8 million, giving a gross margin of 42.5%. tradingview.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.