Cresco Labs (CRLBF) Tax Rate (2020 - 2026)
Cresco Labs (CRLBF) reported Tax Rate of 508.95% for Q1 2026, down 105053.0% on a YoY basis from N/an in Q1 2025, and up 24485.51% quarter-over-quarter from 2.07% in Q4 2025.
Cresco Labs (CRLBF) Tax Rate (2020 - 2026) Analysis & Trends
Cresco Labs has reported Tax Rate for 7 years, with the latest figure at 508.95% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 105053.0% year-over-year to 508.95%; the trailing twelve-month figure through Mar 2026 stood at 45.76% (down 12230.0% YoY), and the FY2025 full-year result was 46.76%, up 42303.0% from the prior year.
- Tax Rate for Q1 2026 stood at 508.95%, up from 2.07% in the prior quarter.
- The five-year high for Tax Rate was 2627.53% in Q1 2022, with the low at 606.49% in Q2 2025.
- Historically, Tax Rate has averaged 220.05% across 5 years, with a median of 2.07% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 247477 bps — and 2025, when it jumped 167236 bps.
- Cresco Labs' Tax Rate stood at 15.15% in 2022, then tumbled by 509 bps to 62.02% in 2023, then tumbled by 38 bps to 85.63% in 2024, then jumped by 102 bps to 2.07% in 2025, then surged by 24486 bps to 508.95% in 2026.
- The last three Tax Rate figures came in at 508.95% (Q1 2026), 2.07% (Q4 2025), and 117.48% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 15.33% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 20.71% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 13.63% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | -20.44% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 19.81% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 34.48% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -7.43% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 24.29% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 9.29% |
| 10 | Cresco Labs | - | - | 75.45 Mn | 508.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 508.95% |
| Mar 31, 2026 | 508.95% |
| Dec 31, 2025 | 2.07% |
| Dec 31, 2025 | 2.07% |
| Sep 30, 2025 | 117.48% |
| Sep 30, 2025 | 117.48% |
| Jun 30, 2025 | -606.49% |
| Jun 30, 2025 | -606.49% |
| Mar 31, 2025 | 1,559.48% |
| Mar 31, 2025 | 1,559.48% |
| Dec 31, 2024 | -85.63% |
| Dec 31, 2024 | -85.63% |
| Sep 30, 2024 | -167.96% |
| Sep 30, 2024 | -167.96% |
| Jun 30, 2024 | 25.01% |
| Jun 30, 2024 | 25.01% |
| Mar 31, 2024 | -112.89% |
| Mar 31, 2024 | -112.89% |
| Dec 31, 2023 | -62.02% |
| Dec 31, 2023 | -62.02% |