Cresco Labs (CRLBF) Operating Expenses (2020 - 2026)

Cresco Labs (CRLBF) reported Operating Expenses of $64.3 million for Q1 2026, down 1.18% on a YoY basis from $65.0 million in Q1 2025, and down 59.54% quarter-over-quarter from $158.9 million in Q4 2025.

Cresco Labs (CRLBF) Operating Expenses (2020 - 2026) Analysis & Trends

Cresco Labs has reported Operating Expenses for 7 years, with the latest figure at $64.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 1.18% year-over-year to $64.3 million; the trailing twelve-month figure through Mar 2026 stood at $351.8 million (up 35.74% YoY), and the FY2025 full-year result was $352.6 million, up 37.09% from the prior year.
  • Operating Expenses for Q1 2026 stood at $64.3 million, down from $158.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $231.2 million in Q4 2022, with the low at $61.5 million in Q3 2025.
  • Historically, Operating Expenses has averaged $95.0 million across 5 years, with a median of $69.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses sank 77.74% — and 2025, when it surged 145.85%.
  • Cresco Labs' Operating Expenses stood at $231.2 million in 2022, then plunged by 70.13% to $69.0 million in 2023, then slipped by 6.41% to $64.6 million in 2024, then surged by 145.85% to $158.9 million in 2025, then slumped by 59.54% to $64.3 million in 2026.
  • The last three Operating Expenses figures came in at $64.3 million (Q1 2026), $158.9 million (Q4 2025), and $61.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 526.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 788.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 455.70 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 19.40 Mn
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 621.10 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 478.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 441.19 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 96.91 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 475.11 Mn
10 Cresco Labs - - 75.45 Mn 64.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 64.28 Mn
Dec 31, 2025 158.87 Mn
Sep 30, 2025 61.53 Mn
Jun 30, 2025 67.12 Mn
Mar 31, 2025 65.04 Mn
Dec 31, 2024 64.62 Mn
Sep 30, 2024 67.10 Mn
Jun 30, 2024 62.40 Mn
Mar 31, 2024 63.05 Mn
Dec 31, 2023 69.05 Mn
Sep 30, 2023 201.40 Mn
Jun 30, 2023 97.45 Mn
Mar 31, 2023 82.29 Mn
Dec 31, 2022 231.18 Mn
Sep 30, 2022 82.87 Mn
Jun 30, 2022 90.15 Mn
Mar 31, 2022 87.11 Mn
Dec 31, 2021 94.47 Mn
Sep 30, 2021 372.34 Mn
Jun 30, 2021 86.11 Mn