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| Date | Value |
|---|---|
| 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% |