Cresco Labs (CRLBF) Tax Provisions (2019 - 2026)
Cresco Labs (CRLBF) reported Tax Provisions of -$14.2 million for Q1 2026, up 0.67% on a YoY basis from -$14.1 million in Q1 2025, and down 688.25% quarter-over-quarter from -$1.8 million in Q4 2025.
Cresco Labs (CRLBF) Tax Provisions (2019 - 2026) Analysis & Trends
Cresco Labs has reported Tax Provisions for 8 years, with the latest figure at -$14.2 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 0.67% year-over-year to -$14.2 million; the trailing twelve-month figure through Mar 2026 stood at -$44.5 million (up 3.59% YoY), and the FY2025 full-year result was $44.6 million, down 10.53% from the prior year.
- Tax Provisions for Q1 2026 stood at -$14.2 million, down from -$1.8 million in the prior quarter.
- The five-year high for Tax Provisions was $5.7 million in Q3 2023, with the low at -$23.8 million in Q4 2022.
- Historically, Tax Provisions has averaged -$13.6 million across 5 years, with a median of -$14.3 million in 2025.
- Annual changes were most pronounced in 2023 — Tax Provisions soared 130.67% — and 2024, when it tumbled 430.94%.
- Cresco Labs' Tax Provisions stood at -$23.8 million in 2022, then jumped by 66.54% to -$8.0 million in 2023, then surged by 67.09% to -$2.6 million in 2024, then jumped by 31.04% to -$1.8 million in 2025, then sank by 688.25% to -$14.2 million in 2026.
- The last three Tax Provisions figures came in at -$14.2 million (Q1 2026), -$1.8 million (Q4 2025), and -$11.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 67.00 Mn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 157.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 43.40 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | -3.57 Mn |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 48.90 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 30.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 4.60 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 37.99 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | -9.44 Mn |
| 10 | Cresco Labs | - | - | 75.45 Mn | -14.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -14.22 Mn |
| Dec 31, 2025 | -1.80 Mn |
| Sep 30, 2025 | -11.87 Mn |
| Jun 30, 2025 | -16.64 Mn |
| Mar 31, 2025 | -14.32 Mn |
| Dec 31, 2024 | -2.62 Mn |
| Sep 30, 2024 | -19.02 Mn |
| Jun 30, 2024 | -10.24 Mn |
| Mar 31, 2024 | -18.00 Mn |
| Dec 31, 2023 | -7.95 Mn |
| Sep 30, 2023 | 5.75 Mn |
| Jun 30, 2023 | -13.94 Mn |
| Mar 31, 2023 | -16.81 Mn |
| Dec 31, 2022 | -23.76 Mn |
| Sep 30, 2022 | -18.73 Mn |
| Jun 30, 2022 | -23.64 Mn |
| Mar 31, 2022 | -22.81 Mn |
| Dec 31, 2021 | -23.53 Mn |
| Sep 30, 2021 | 12.41 Mn |
| Jun 30, 2021 | -13.46 Mn |