Cronos (CRON) Cost of Revenue (2018 - 2026)
Cronos (CRON) posted Cost of Revenue of $24.2 million for Q2 2026, down 4.82% on a QoQ basis from $25.4 million in Q1 2026, and up 28.11% year-over-year from $18.9 million in Q2 2025.
Analysis
Cronos (CRON) Cost of Revenue (2018 - 2026) Analysis & Trends
Cronos has reported Cost of Revenue for 9 years, with the latest figure at $24.2 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 28.11% year-over-year to $24.2 million in Q2 2026; TTM through Jun 2026 was $95.3 million, a 9.3% increase from a year earlier, with the FY2025 full-year figure at $83.2 million, down 9.31% from the prior year.
- Cost of Revenue was $24.2 million for Q2 2026 at Cronos, down from $25.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $30.3 million in Q3 2024, with the low at $15.9 million in Q2 2023.
- Average Cost of Revenue over 5 years is $20.7 million, with a median of $19.8 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue jumped 50.77% in 2024, then sank 42.32% in 2025.
- Over 5 years, Cost of Revenue stood at $20.8 million in 2022, then climbed by 5.49% to $21.9 million in 2023, then declined by 11.04% to $19.5 million in 2024, then jumped by 45.07% to $28.3 million in 2025, then declined by 14.54% to $24.2 million in 2026.
- The last three Cost of Revenue figures came in at $24.2 million (Q2 2026), $25.4 million (Q1 2026), and $28.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.60 Bn | 2.51 Bn | 169.91 Mn | 170.19 Mn |
| 2 | Trulieve Cannabis | 2.22 Bn | 1.89 Bn | 162.29 Mn | 108.66 Mn |
| 3 | Green Thumb Industries | 1.66 Bn | 1.38 Bn | 137.87 Mn | 168.81 Mn |
| 4 | Cronos | 1.18 Bn | 383.59 Mn | 28.45 Mn | 24.17 Mn |
| 5 | Glass House Brands | 668.60 Mn | 650.04 Mn | 15.77 Mn | 31.25 Mn |
| 6 | Vireo Growth | 541.94 Mn | 399.64 Mn | 95.30 Mn | 114.00 Mn |
| 7 | Tilray Brands | 463.04 Mn | 228.41 Mn | 90.52 Mn | 191.19 Mn |
| 8 | Verano Holdings | 430.06 Mn | 344.86 Mn | 99.70 Mn | 118.22 Mn |
| 9 | Canopy Growth | 393.63 Mn | 146.62 Mn | 16.08 Mn | 42.60 Mn |
| 10 | Sndl | 345.79 Mn | 213.25 Mn | 40.74 Mn | 129.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.17 Mn |
| Mar 31, 2026 | 25.39 Mn |
| Dec 31, 2025 | 28.28 Mn |
| Sep 30, 2025 | 17.50 Mn |
| Jun 30, 2025 | 18.87 Mn |
| Mar 31, 2025 | 18.53 Mn |
| Dec 31, 2024 | 19.49 Mn |
| Sep 30, 2024 | 30.34 Mn |
| Jun 30, 2024 | 21.07 Mn |
| Mar 31, 2024 | 20.81 Mn |
| Dec 31, 2023 | 21.91 Mn |
| Sep 30, 2023 | 20.12 Mn |
| Jun 30, 2023 | 15.92 Mn |
| Mar 31, 2023 | 16.57 Mn |
| Dec 31, 2022 | 20.77 Mn |
| Sep 30, 2022 | 17.27 Mn |
| Jun 30, 2022 | 17.28 Mn |
| Mar 31, 2022 | 18.11 Mn |
| Dec 31, 2021 | 14.04 Mn |
| Sep 30, 2021 | 21.14 Mn |