Cresco Labs (CRLBF) Gross Margin (2020 - 2026)
Cresco Labs (CRLBF) posted Gross Margin of 49.86% for Q1 2026, down 3.33% on a QoQ basis from 51.58% in Q4 2025, and up 242.0% year-over-year from 14.58% in Q1 2025.
Cresco Labs (CRLBF) Gross Margin (2020 - 2026) Analysis & Trends
Cresco Labs' Gross Margin history runs 7 years deep, the most recent figure standing at 49.86% for Q1 2026.
- Quarterly Gross Margin rose 242.0% year-over-year to 49.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 50.11% (up 39.0% YoY) and the FY2025 annual result came in at 49.49%, down 83.0% from the prior year.
- Gross Margin was 49.86% for Q1 2026 at Cresco Labs, down from 51.58% in the prior quarter.
- Across five years, Gross Margin topped out at 51.97% in Q3 2024 and bottomed at 43.81% in Q2 2023.
- A 5-year average of 48.83% and a median of 49.86% in 2026 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 789 bps — and 2024, when it jumped 760 bps.
- Cresco Labs' Gross Margin stood at 43.94% in 2022, then climbed by 16 bps to 51.08% in 2023, then slipped by 6 bps to 47.77% in 2024, then climbed by 8 bps to 51.58% in 2025, then decreased by 3 bps to 49.86% in 2026.
- Business Quant data shows CRLBF's Gross Margin at 49.86% in Q1 2026, 51.58% in Q4 2025, and 48.12% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 49.52% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 71.66% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 62.93% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 82.93% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 32.97% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 98.31% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 57.26% |
| 10 | Cresco Labs | 254.96 Mn | 99.57 Mn | 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% |