Cronos (CRON) Net Margin (2018 - 2026)
Cronos' Net Margin was 45.45% in Q2 2026, up 135.19 percentage points from -89.74% a year earlier and up 22.13 percentage points from the prior quarter.
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Analysis
Cronos (CRON) Net Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cronos' Net Margin was 29.56% through Jun 30, 2026, up 18.92 percentage points year-over-year; for FY2025, it was -4.89%, down 30.27 percentage points from FY2024.
- Net Margin shows a five-year change of +129.67 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 25.39% in FY2024 (+86.88 pp), -61.50% in FY2023 (+92.88 pp), -154.38% in FY2022 (+343.17 pp) and -497.55% in FY2021 (-362.99 pp).
- Quarterly Net Margin has moved between -620.99% (Q4 2021) and 316.86% (Q3 2021) over five years.
- Compared with a year earlier, Net Margin was higher in six of the last eight quarters, with an average year-over-year change of +35.54 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q1 2022 (a gain of 989.81 percentage points); the worst was Q3 2022 (a drop of 458.75 percentage points).
- Per Business Quant data, CRON's Net Margin in the three quarters before Q2 2026 was 23.32% (Q1 2026), -3.11% (Q4 2025) and 53.16% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 303.52 Bn | 280.52 Bn | 7.85 Bn | 28.96% |
| 2 | British American Tobacco p.l.c | 132.82 Bn | 111.64 Bn | - | - |
| 3 | Altria | 126.54 Bn | 113.47 Bn | 3.94 Bn | 41.06% |
| 4 | Curaleaf Holdings | 2.37 Bn | 2.00 Bn | 170.48 Mn | -9.28% |
| 5 | Trulieve Cannabis | 2.11 Bn | 729.12 Mn | 162.29 Mn | -149.83% |
| 6 | RLX Technology | 1.96 Bn | -1.30 Bn | - | - |
| 7 | Green Thumb Industries | 1.45 Bn | 214.02 Mn | 146.79 Mn | -1.49% |
| 8 | Cronos | 1.30 Bn | -1.97 Bn | 28.45 Mn | 45.45% |
| 9 | Turning Point Brands | 1.27 Bn | 375.50 Mn | 93.70 Mn | 2.52% |
| 10 | Tilray Brands | 363.35 Mn | -604.15 Mn | 77.51 Mn | -16.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.45% |
| Mar 31, 2026 | 23.32% |
| Dec 31, 2025 | -3.11% |
| Sep 30, 2025 | 53.16% |
| Jun 30, 2025 | -89.74% |
| Mar 31, 2025 | 14.61% |
| Dec 31, 2024 | 106.18% |
| Sep 30, 2024 | 17.92% |
| Jun 30, 2024 | -22.64% |
| Mar 31, 2024 | -6.34% |
| Dec 31, 2023 | -131.71% |
| Sep 30, 2023 | -4.85% |
| Jun 30, 2023 | -32.41% |
| Mar 31, 2023 | -72.19% |
| Dec 31, 2022 | -271.47% |
| Sep 30, 2022 | -141.89% |
| Jun 30, 2022 | -74.63% |
| Mar 31, 2022 | -110.99% |
| Dec 31, 2021 | -620.99% |
| Sep 30, 2021 | 316.86% |
API Access
Cronos Net Margin 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=net-margin&ticker=CRON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=CRON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();