Cronos (CRON) Cost of Revenue (2018 - 2026)
Cronos (CRON) reported Cost of Revenue of $42.15 million for Q2 2026, up 41.7% from $29.75 million a year earlier and up 5.9% from the prior quarter.
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Analysis
Cronos (CRON) Cost of Revenue (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cronos' Cost of Revenue came in at $154.65 million, up 53.3% year-over-year; for FY2025, it came in at $130.6 million.
- Cost of Revenue has a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $11.39 million in FY2024 (-36.7%), $17.99 million in FY2023 (-80.8%), $93.87 million in FY2022 (-3.4%) and $97.21 million in FY2021 (+21.2%).
- Five-year quarterly Cost of Revenue spans a low of $4.23 million in Q3 2023 and a high of $42.98 million in Q3 2024.
- Year over year, Cost of Revenue gained in three of the last six quarters, with growth averaging 158.8%.
- The high point for year-over-year Cost of Revenue in five years was Q3 2024 (growth of 915.7%); the low point was Q3 2023 (a decline of 81.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $39.81 million (Q1 2026), $42.2 million (Q4 2025) and $30.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 3.53 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 1.54 Bn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 170.19 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 82.40 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 108.66 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 168.81 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 42.15 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 49.26 Mn |
| 10 | Verano Holdings | 771.72 Mn | 445.33 Mn | 99.70 Mn | 118.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.15 Mn |
| Mar 31, 2026 | 39.81 Mn |
| Dec 31, 2025 | 42.20 Mn |
| Sep 30, 2025 | 30.50 Mn |
| Jun 30, 2025 | 29.75 Mn |
| Mar 31, 2025 | 28.16 Mn |
| Sep 30, 2024 | 42.98 Mn |
| Jun 30, 2024 | 32.38 Mn |
| Mar 31, 2024 | 30.88 Mn |
| Dec 31, 2023 | 5.84 Mn |
| Sep 30, 2023 | 4.23 Mn |
| Jun 30, 2023 | 22.70 Mn |
| Mar 31, 2023 | 23.63 Mn |
| Dec 31, 2022 | 27.80 Mn |
| Sep 30, 2022 | 22.93 Mn |
| Jun 30, 2022 | 22.77 Mn |
| Mar 31, 2022 | 22.48 Mn |
| Dec 31, 2021 | 19.64 Mn |
| Sep 30, 2021 | 25.32 Mn |
| Jun 30, 2021 | 34.63 Mn |
API Access
Cronos Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CRON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CRON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CRON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();