Cronos (CRON) Operating Expenses (2019 - 2026)
Cronos (CRON) posted Operating Expenses of $21.0 million for Q2 2026, little changed on a QoQ basis from $21.0 million in Q1 2026, and up 6.15% year-over-year from $19.8 million in Q2 2025.
Analysis
Cronos (CRON) Operating Expenses (2019 - 2026) Analysis & Trends
Cronos has reported Operating Expenses for 8 years, with the latest figure at $21.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 6.15% year-over-year to $21.0 million in Q2 2026; TTM through Jun 2026 was $84.6 million, a 12.9% decrease from a year earlier, with the FY2025 full-year figure at $80.2 million, down 21.21% from the prior year.
- Operating Expenses was $21.0 million for Q2 2026 at Cronos, roughly flat from $21.0 million in the prior quarter.
- The five-year high for Operating Expenses was $43.0 million in Q1 2022, with the low at $17.8 million in Q1 2025.
- Average Operating Expenses over 5 years is $25.1 million, with a median of $23.6 million recorded in 2023.
- The largest YoY upside for Operating Expenses was 127.18% in 2022 against a maximum downside of 89.44% in 2022.
- Over 5 years, Operating Expenses stood at $28.3 million in 2022, then decreased by 16.76% to $23.5 million in 2023, then decreased by 5.85% to $22.2 million in 2024, then increased by 6.82% to $23.7 million in 2025, then declined by 11.14% to $21.0 million in 2026.
- The last three Operating Expenses figures came in at $21.0 million (Q2 2026), $21.0 million (Q1 2026), and $23.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 165.69 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 532.81 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 117.91 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 21.05 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 18.76 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 101.60 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 106.98 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 96.56 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 32.06 Mn |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | 31.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.05 Mn |
| Mar 31, 2026 | 20.99 Mn |
| Dec 31, 2025 | 23.69 Mn |
| Sep 30, 2025 | 18.84 Mn |
| Jun 30, 2025 | 19.83 Mn |
| Mar 31, 2025 | 17.81 Mn |
| Dec 31, 2024 | 22.17 Mn |
| Sep 30, 2024 | 37.27 Mn |
| Jun 30, 2024 | 21.86 Mn |
| Mar 31, 2024 | 20.43 Mn |
| Dec 31, 2023 | 23.55 Mn |
| Sep 30, 2023 | 25.75 Mn |
| Jun 30, 2023 | 23.72 Mn |
| Mar 31, 2023 | 23.70 Mn |
| Dec 31, 2022 | 28.29 Mn |
| Sep 30, 2022 | 30.48 Mn |
| Jun 30, 2022 | 29.62 Mn |
| Mar 31, 2022 | 42.98 Mn |
| Dec 31, 2021 | -104.11 Mn |
| Sep 30, 2021 | 55.68 Mn |