Cronos (CRON) Gross Margin (2018 - 2026)
Cronos (CRON) recorded quarterly Gross Margin of 42.36% in Q1 2026, down 69.62% quarter-over-quarter from 139.45% in Q4 2025, and up 958.0% on a YoY basis from 4.0% in Q1 2025.
Cronos (CRON) Gross Margin (2018 - 2026) Analysis & Trends
Cronos' Gross Margin history runs 9 years deep, the most recent figure standing at 42.36% for Q1 2026.
- In Q1 2026, Gross Margin rose 958.0% year-over-year to 42.36%; the TTM figure through Mar 2026 stood at 45.48% (up 2175.0% YoY), while the FY2025 annual figure was 42.81%, up 2139.0% from the prior year.
- Gross Margin was 42.36% for Q1 2026 at Cronos, down from 139.45% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 139.45% in Q4 2025 to a low of 3.36% in Q4 2023.
- Historically, Gross Margin has averaged 27.01% across 5 years, with a median of 16.28% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 11699 bps in 2022, then plunged 1253 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 4.34% in 2022, then decreased by 23 bps to 3.36% in 2023, then soared by 962 bps to 35.67% in 2024, then jumped by 291 bps to 139.45% in 2025, then plunged by 70 bps to 42.36% in 2026.
- The last three Gross Margin figures came in at 42.36% (Q1 2026), 139.45% (Q4 2025), and 37.54% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 49.52% |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 71.66% |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 82.93% |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 49.50% |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 98.31% |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 57.26% |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -293.83% |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 65.25% |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 61.20% |
| 10 | Cronos | 1.06 Bn | 292.44 Mn | 19.15 Mn | 42.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.36% |
| Dec 31, 2025 | 139.45% |
| Sep 30, 2025 | 37.54% |
| Jun 30, 2025 | 32.78% |
| Mar 31, 2025 | 32.78% |
| Dec 31, 2024 | 35.67% |
| Sep 30, 2024 | 10.54% |
| Jun 30, 2024 | 16.28% |
| Mar 31, 2024 | 17.73% |
| Dec 31, 2023 | 3.36% |
| Sep 30, 2023 | 11.71% |
| Jun 30, 2023 | 12.01% |
| Mar 31, 2023 | 11.02% |
| Dec 31, 2022 | 4.34% |
| Sep 30, 2022 | 12.06% |
| Jun 30, 2022 | 15.95% |
| Mar 31, 2022 | 23.55% |
| Dec 31, 2021 | 11.83% |
| Sep 30, 2021 | -2.97% |
| Jun 30, 2021 | -101.04% |