Cresco Labs (CRLBF) Gross Margin (2020 - 2026)

Cresco Labs (CRLBF) reported Gross Margin of 49.86% for Q1 2026, up 242.0% on a YoY basis from 14.58% in Q1 2025, and down 3.33% quarter-over-quarter from 51.58% in Q4 2025.

Cresco Labs (CRLBF) Gross Margin (2020 - 2026) Analysis & Trends

Cresco Labs has reported Gross Margin for 7 years, with the latest figure at 49.86% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 242.0% year-over-year to 49.86%; the trailing twelve-month figure through Mar 2026 stood at 50.11% (up 39.0% YoY), and the FY2025 full-year result was 49.49%, down 83.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 49.86%, down from 51.58% in the prior quarter.
  • The five-year high for Gross Margin was 51.97% in Q3 2024, with the low at 43.81% in Q2 2023.
  • Historically, Gross Margin has averaged 48.83% across 5 years, with a median of 49.86% in 2026.
  • Annual changes were most pronounced in 2023 — Gross Margin plunged 789 bps — and 2024, when it jumped 760 bps.
  • Cresco Labs' Gross Margin stood at 43.94% in 2022, then gained by 16 bps to 51.08% in 2023, then retreated by 6 bps to 47.77% in 2024, then gained by 8 bps to 51.58% in 2025, then fell by 3 bps to 49.86% in 2026.
  • The last three Gross Margin figures came in at 49.86% (Q1 2026), 51.58% (Q4 2025), and 48.12% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 49.52%
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 71.66%
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 82.93%
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 49.50%
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 98.31%
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 57.26%
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn -293.83%
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 61.20%
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 65.25%
10 Cresco Labs - - 75.45 Mn 49.86%

Historic Data

Download Data
DateValue
Mar 31, 2026 49.86%
Dec 31, 2025 51.58%
Sep 30, 2025 48.12%
Jun 30, 2025 50.88%
Mar 31, 2025 47.44%
Dec 31, 2024 47.77%
Sep 30, 2024 51.97%
Jun 30, 2024 51.41%
Mar 31, 2024 50.03%
Dec 31, 2023 51.08%
Sep 30, 2023 49.14%
Jun 30, 2023 43.81%
Mar 31, 2023 44.22%
Dec 31, 2022 43.94%
Sep 30, 2022 47.09%
Jun 30, 2022 51.70%
Mar 31, 2022 50.08%
Dec 31, 2021 50.52%
Sep 30, 2021 50.27%
Jun 30, 2021 48.09%