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